Raajmarg Infra InvIT

Innovision

 

Innovision IPO open date is March 10, 2026 and the IPO will close on March 12, 2026. Innovision IPO is a Book build Issue. The company to raise around ₹323 crores via IPO that comprises fresh issue of ₹255 crores and offer for sale up to 12,38,000 equity shares with face value of ₹10 each.

Innovision IPO price band is ₹521 to ₹548 per share. The retail quota is 65%, QIB is 1%, and HNI is 34%. Innovision IPO to list on BSE, NSE on March 17, 2026. The allotment of Innovision IPO date is March 13, 2026.

The company reported revenue of ₹895.95 crores in 2025 against ₹512.13 crores in 2024. The company reported profit of ₹29.02 crores in 2025 against profit of ₹10.27 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

IPO DetailsGMPMessagesReviewSubscriptionAllotmentListing

Innovision IPO Details

IPO Open Date

March 10, 2026

IPO Close Date

March 12, 2026

Face Value

₹10 Per Equity Share

IPO Price Band

₹521 to ₹548 Per Share

Issue Size

Approx ₹323 Crores

Fresh Issue

Approx ₹255 Crores

Offer for Sale:

Approx 12,38,000 Equity Shares

Issue Type

Book build Issue

IPO Listing

BSE, NSE

DRHP Draft Prospectus

PDF

RHP Draft Prospectus

PDF

Innovision IPO Review & Key Points

  • Review:

Innovision IPO Market Lot

The Innovision IPO minimum market lot is 27 shares with ₹14,796 application amount. The retail investors can apply up-to 13 lots with 351 shares of ₹1,92,348 amount.

Application

Lot Size

Shares

Amount

Retail Minimum

1

27

₹14,796

Retail Maximum

13

351

₹1,92,348

S-HNI Minimum

14

378

₹2,07,144

S-HNI Maximum

67

1,809

₹9,91,332

B-HNI Minimum

68

1,836

₹10,06,128

IPO Reservation

Investor Category

Share Offered

Shares (%)

Anchor Investor

Shares

-%

QIB (Ex. Anchor)

Shares

1%

NII Shares Offered

Shares

34%

Retail Shares Offered

Shares

65%

Innovision IPO Dates

The Innovision IPO date is March 10 and the close date is March 12. The Innovision IPO allotment will be finalized on March 13 and the IPO listing on March 17.

IPO Open Date:

March 10, 2026

IPO Close Date:

March 12, 2026

Basis of Allotment:

March 13, 2026

Refunds:

March 16, 2026

Credit to Demat Account:

March 16, 2026

IPO Listing Date:

March 17, 2026

IPO Bidding Cut-off Time:

March 12, 2026 5 PM



Promoters and Holding Pattern

The promoters of the company are Lt Col Randeep Hundal and Uday Pal Singh.

Particular

Shares

% Share

Promoter Holding Pre Issue

1,89,00,000

100%

Promoter Holding Post Issue

2,35,53,284

74.99%

Objects of the Issue & Utilisation of proceeds

Purpose

Crores

Repayment or pre-payment, in part or full of all or certain borrowings availed by the Company

₹51.00

Funding working capital requirements of the Company

₹119.00

General Corporate Purpose

₹-

About Innovision IPO

Set up in 2007, Innovision Limited offers manpower services, manages toll plazas, and provides skill development training across India. As of January 16, 2026, the firm operates 35 offices across 23 states and 5 union territories in India. Its manpower services are divided into 3 segments: Manned Private Security Services, Integrated Facility Management (IFM) Services, and Manpower Sourcing and Payroll.

Max Healthcare Limited, Stellar Value Chain, and Sequel Logistics are among the company s major customers. Its services are catered to retail, healthcare, warehousing, logistics, and BFSI sectors. So far, the firm has served over 180 clients. Moreover, the firm also offers training to security guards at its training centre in Rewari, Haryana, following government rules.

Innovision IPO Company Financial Report

Amount ₹ in Crores

Period Ended

Revenue

Expense

PAT

Assets

2023

₹257.62

₹247.32

₹8.88

₹108.17

2024

₹512.13

₹501.16

₹10.27

₹157.05

2025

₹895.95

₹856.90

₹29.02

₹220.30

Sep 2025

₹483.10

₹459.53

₹20.00

₹271.66

Innovision IPO Valuation FY2025

Check Innovision IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPI

Values

ROE:

35.45%

ROCE:

40.77%

EBITDA Margin:

5.79%

PAT Margin:

3.25%

Debt to equity ratio:

0.97

Earning Per Share (EPS):

₹15.62 (Basic)

Price/Earning P/E Ratio:

N/A

Return on Net Worth (RoNW):

35.45%

Net Asset Value (NAV):

₹43.32

Peer Group Comparison

Company

EPS

PE Ratio

RoNW %

NAV

Income

Krystal Integrated Services Limited

44.61

13.47

14.30%

312.92

1,212.78 Cr.

Updater Services Limited

17.70

8.62

12.33%

144.07

2,736.06 Cr.

SIS Limited

0.81

401.85

0.49%

166.79

13,189.04 Cr.

Quess Corp Limited

3.07

63.37

4.23%

72.92

14,967.20 Cr.

Highway Infrastructure Ltd

3.40

15.15

19.03%

20.37

495.72 Cr.

IPO Lead Managers aka Merchant Bankers

  • Emkay Global Financial Services Ltd. 

Company Address

Innovision Ltd.
1/209, First Floor,
Sadar Bazar,
Delhi Cantt,
Delhi, New Delhi, 110010
Phone: +91 011 208 9790
Email: cs@innovision.co.in
Website: https://www.innovision.co.in/

IPO Registrar

Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: innovision.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/

Innovision IPO FAQs

What is Innovision IPO?

Innovision IPO is Mainboard IPO. The company is going to raise ₹323 Crores via IPO. The issue is priced at ₹521 to ₹548 per equity share. The IPO is to be listed on BSE & NSE.

When Innovision IPO will open for subscription?

The IPO is to open on March 10, 2026 for QIB, NII, and Retail Investors. The IPO will close on March 12, 2026.

What is Innovision IPO Investors Portion?

The investors portion for QIB is 1%, NII is 34%, and Retail is 65%.

How to Apply the Innovision IPO?

You can apply for Innovision IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Innovision IPO Issue Size?

Innovision IPO issue size is ₹323 crores.

What is Innovision IPO Price Band?

Innovision IPO Price Band is ₹521 to ₹548.

What is Innovision IPO Lot Size?

The minimum bid is 27 Shares with ₹14,796 amount.

What is the Innovision IPO Allotment Date?

Innovision IPO allotment date is March 13, 2026.

 

What is the Innovision IPO Listing Date?

Innovision IPO listing date is March 17, 2026. The IPO is to list on BSE & NSE.


Note: The Innovision IPO price band and date are officially announced. The (Innovision IPO grey market premium) will be added to the IPO GMP page as it will start).

 

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