Innovision IPO Price: ₹521 to ₹548 per share
IPO Dates: 10th March – 12th March 2026
Company Overview
Incorporated in 2007, Innovision Limited provides manpower services, toll plaza management, and skill development training to clients across India.
The company operates 35 offices, including its registered and corporate offices, across the country. As of January 15, 2026, Innovision Limited has operations in 23 states and 5 union territories of India.
Service Segments
As of January 15, 2026, Innovision Limited served more than 180 clients across multiple sectors and provided services at over 1,000 client premises.
The company caters to clients in industries such as:
- Retail
- Healthcare
- Warehousing
- Logistics
- BFSI (Banking, Financial Services, and Insurance)
Some of its notable clients include:
- Max Healthcare Limited
- Stellar Value Chain
- Sequel Logistics
Training and Skill Development
Innovision Limited provides physical and classroom training programs for security personnel in compliance with the Private Security Agency Regulatory Act, 2025.
The training is conducted at the company’s training center located in Turkiawas, Rewari, Haryana.
Competitive Strengths
- Wide geographical presence across India
- Diverse portfolio of manpower services
- Established systems and processes enabling a scalable business model
- Experienced management and operational team
- Strong recruitment capability, domain expertise, and knowledge of labour regulations
Bidding Starts In
Innovision IPO Specifics:
| IPO Date | 10 to 12 Mar, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹521 to ₹548 per share |
| Lot Size | 27 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 2,0958,91,284 shares (agg. up to ₹323 Cr) |
| Fresh Issue | 146,53,284 shares (agg. up to ₹255 Cr) |
| Offer for Sale | 1,80,43,684 shares of ₹1 (12,38,000 shares of ₹10 (agg. up to ₹68 Cr) |
| Share Holding Pre Issue | 1,89,00,000 shares |
| Share Holding Post Issue | 2,35,53,284 shares |
Innovision IPO Timetable (Important Dates)
| Particulars | Date |
|---|---|
| IPO Open Date | Tue, Mar 10, 2026 |
| IPO Close Date | Thu, Mar 12, 2026 |
| Tentative Allotment | Fri, Mar 13, 2026 |
| Initiation of Refunds | Mon, Mar 16, 2026 |
| Credit of Shares to Demat | Mon, Mar 16, 2026 |
| Listing Date | Tue, Mar 17, 2026 |
Innovision IPO Lot Size
Bidders have the opportunity to bid for a minimum of 27 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 27 | ₹14,796 |
| Retail (Max) | 14 | 351 | ₹1,92,348 |
| S-HNI (Min) | 15 | 378 | ₹2,07,144 |
| S-HNI (Max) | 74 | 1,809 | ₹9,91,332 |
| B-HNI (Min) | 75 | 1,836 | ₹10,06,128 |
Innovision IPO Reservation
| QIB Shares Offered | Not more than 1% of the Offer |
| Retail Shares Offered | Not less than 65% of the Offer |
| NII (HNI) Shares Offered | Not less than 34% of the Offer |
Innovision IPO Financial Information
| Particulars | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 271.66 | 220.30 | 157.05 | 108.17 |
| Total Income | 483.10 | 895.95 | 512.13 | 257.62 |
| Profit After Tax | 20.00 | 29.02 | 10.27 | 8.88 |
| EBITDA | 30.42 | 51.75 | 19.66 | 16.36 |
| Net Worth | 102.33 | 81.88 | 52.35 | 40.26 |
| Reserves and Surplus | 83.43 | 62.98 | 33.45 | 38.91 |
| Total Borrowing | 112.39 | 79.05 | 48.15 | 33.34 |
Key Performance Indicator – Innovision IPO
| KPI | Value |
|---|---|
| ROE | 35.45% |
| ROCE | 40.77% |
| Debt/Equity | 0.97 |
| RoNW | 35.45% |
| PAT Margin | 3.25% |
| EBITDA Margin | 5.79% |
| Price to Book Value | 12.65 |
| EPS (₹) | 15.36 |
| P/E (x) | 35.69 |
| Promoter Holding | 100% |
| Market Cap | ₹1,290.72 Cr. |
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
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