Innovision Limited came to market through an IPO that opened on 10 March 2026 and closed on 17 March 2026, and the shares listed on 23 March 2026 on BSE, NSE. The price band was ₹494 to ₹519 per share and one lot was 27 shares, so the minimum application was ₹14,013. The issue size was ₹319.25 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders. Kfin Technologies Ltd.
Reservation Category Retail : 65% HNI : 34% QIB : 1% was the registrar to the issue, and Emkay Global Financial Services Ltd was the lead manager.
As of 17 March 2026.
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Incorporated in 2007, Innovision Limited is a company that provides Manpower Services, Toll Plaza Management, and Skill Development Training to its clients in India. It has 35 offices, including registered offices and corporate offices, in India. As of Jan 15, 2026, Innovision Limited has operations in 23 states and 5 union territories in India. Manpower Services has 3 operational segments as follows: Manned Private Security Services, Integrated Facility Management (IFM) Services, and Manpower Sourcing and Payroll.
As of Jan 15, 2026, the company has more than 180 clients in various sectors and has rendered its services to more than 1,000 client premises.The company serves customers in different sectors, including retail, healthcare, warehousing, logistics, and BFSI. Max Healthcare Limited, Stellar Value Chain, and Sequel Logistics are some of the customers of the company.
Innovision Limited also provides physical and classroom training to security personnel under the Private Security Agency Regulatory Act, 2025, at its own training center at Turkiawas, Rewari, Haryana.
As described in the offer document.
| Metric | 30-Sep-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
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Lt Col Randeep Hundal, Uday Pal Singh. Promoter holding 100% before the issue and 74.99% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Innovision IPO was a ₹319.25 crore book-built issue, comprising a fresh issue of ₹255 crore and an offer for sale of ₹64.25 crore. It was priced at ₹494–₹519 per share with a lot size of 27 shares (₹14,013). The IPO was open from March 10 to March 17, 2026 and was subscribed 3.46x. Shares listed on BSE and NSE on March 23, 2026 at ₹467.70, a 9.9% discount to the issue price of ₹519. Kfin Technologies Ltd. is the registrar.
Emkay Global Financial Services Ltd. is the book running lead manager.
The price band of Innovision IPO is ₹494 to ₹519 per share.
The lot size of Innovision IPO is 27 shares.
The minimum investment for Innovision IPO is approximately ₹14,013 based on the upper price band.
The allotment date of Innovision IPO is Mar 18, 2026.
No GMP quote could be verified as recorded before Innovision IPO listed. A grey-market observation of -₹85 per share was recorded on 23 Mar 2026, 8:30 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹467.7. GMP is unofficial and does not forecast or guarantee the actual listing price.
Innovision IPO listed on Mar 23, 2026. It was issued at ₹467.7(NSE) and is currently around ₹257.00 as on 2-Nov-2026 3:30 PM, which is approximately -50.5% versus issue price. The 52-week high is ₹470.00.
You can check Innovision IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Innovision IPO allotment status on Rupix for quick and easy access.
₹494 to ₹519 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 27 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,013.
₹14,013, for one lot of 27 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 10 March 2026 and closed on 17 March 2026.
The basis of allotment was published on 18 March 2026 by Kfin Technologies Ltd. Reservation Category Retail : 65% HNI : 34% QIB : 1%, and allotted shares were credited to demat accounts before listing.
The shares listed on 23 March 2026 on BSE, NSE.
The issue size was ₹319.25 crore. The fresh issue was 49,13,295 shares (aggregating up to ₹255 crore). The offer for sale was 12,38,000 shares (aggregating up to ₹64.25 crore).