Innovision Ltd IPO - Check Issue Date, Price, Lot Size & Details with BlinkX.

Innovision Ltd IPO

The Company is in the business of providing manpower services, toll plaza management and skill development training to its clients across India. As on June 30, 2024, the company has its operations in 22 states and 5 union territories of India. The Company started its business with a single service domain of providing manned private security services to our clients in the year 2007 and has gradually diversified its business to provide a suite of manpower services. The Company commenced offering skill development services from Fiscal 2014 and toll plaza management services from Fiscal 2019.

Innovision Ltd IPO Details

Total Shares Offered

₹ 61,51,294

Offer to Public

12,38,000

Retail Max (Shares)

₹ 39,98,341

Pre Issue Promoters Holding

₹ 1,89,00,000

Exchange

BSE

Issue size

₹ 319.25 Cr

IPO Open Date

Mar 10, 2026

Close Date

Mar 17, 2026

Lot Size

Min Investment

₹ 13,338

Issue Type

Book Building

Listing Date

Mar 23, 2026

Innovision Ltd IPO Dates

Mar 10, 2026

Opening date

Mar 17, 2026

Closing date

Mar 18, 2026

Basis of Allotment

Mar 20, 2026

Initiation of Refunds

Mar 20, 2026

Credit of Shares

Mar 23, 2026

Listing date

Details

Sector	Type
Sector	Miscellaneous
Sub Sector	NA
Issue Type	Book Building

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	14.3x	61513	879849
NII	8.6x	2091440	17982270
Retail	0.6x	3998341	2408400
Employee	0x	0	0
Total	3.46x	6151294	21270519

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

14.3x

8.6x

0.6x

3.46x

61513

2091440

3998341

6151294

879849

17982270

2408400

21270519

Innovision Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	893.13	510.33	TBA
EBITDA	45.48	14.66	TBA
PAT	30.70	11.32	TBA
Total Assets	188.18	124.74	TBA
Share Capital	18.90	18.90	TBA
Total Borrowings	116.99	70.51	TBA
Operating Activities (Net Cash)	33.14	13.06	TBA
Investing Activities (Net Cash)	0.03	0.02	TBA
Financing Activities (Net Cash)	116.99	70.51	TBA
Net Cashflow	40.56	34.66	TBA

About Innovision Ltd

The Company was incorporated as `SRT Innovision Services Private Limited' as a private limited company under Companies Act, 1956, pursuant to a certificate of incorporation dated January 11, 2007, issued by Registrar of Companies, National Capital Territory of Delhi and Haryana, India. The Company was converted into a public limited company pursuant to a resolution passed at the meeting of the Board of Directors held on October 24, 2010, and a special resolution passed in the extraordinary general meeting of its Shareholders held on November 19, 2010, and consequently, the name of the Company was changed to, `SRT Innovision Services Limited' and a fresh certificate of incorporation dated December 22, 2010, was issued by the RoC. Thereafter, the name of the Company was changed to nnovision Limited' pursuant to resolution passed at the meeting of the Board of Directors held on January 17, 2011, and a special resolution passed in the extraordinary general meeting of our Shareholders held on February 8, 2011 and certificate of incorporation dated March 2, 2011, issued by the RoC consequent to change of name.

In Q1FY24, the services sector growth jumped to 10.7%. Within services, there was a broad-based improvement in growth across different sub-sectors. However, the sharpest jump was seen in financial, real estate, and professional services. Trade, hotels, and transport sub-sectors expanded at a healthy pace gaining from strength in discretionary demand. The service sector growth in Q2FY24 moderated to 6.0% partly due to the normalization of base effect and some possible dilution in discretionary demand. Considering these factors, service sector marked 8.3% growth in H1FY24. In Q3FY24 growth increased to 7.1% compared to 7.2% last year in the same quarter. In Q4FY24, growth declined to 6.7% compared to 7.2% last year in the same quarter.

Peer Comparison:

Innovision Limited

Innovision Ltd Key Points

Strengths

Wide geographical reach and locations across India.

Diverse portfolio of manpower services.

Established systems and processes leading to a scalable business model.

Experienced management and operational team.

Recruitment capability, domain knowledge and knowledge of labour regulations.

Risk

The company has a large workforce deployed across workplaces and client premises, consequently its may be exposed to service-related claims and losses or employee disruptions that could have an adverse effect on its reputation, business, results of operations and financial condition.

The company businesses are manpower intensive and its inability to attract and retain skilled manpower could have an adverse impact on its growth, business and financial condition.

Operational risks are present in its business as it includes providing services in different business environments. A failures to manage such risks including any errors, defects or disruption in its service or inability to meet expected or agreed service standards, could have an adverse impact on its business, cash flows, results of operations and financial condition.

Strategy

Leveraging its existing capabilities to increase its scale of operations and expansion of footprint outside India.

Tendering for more toll plazas and targeting new clients in manpower services.

Adoption of technologies to diversify its manpower services portfolio.

Retain, strengthen and grow client base for integrated facility management services with a focus on deepening relationships with existing clients.

Expansion into the Drone Training and Manufacturing Industry.

How To Apply for Innovision Ltd IPO Online?

Step 1:

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Innovision Ltd IPO?

Innovision Ltd's IPO offers shares for up to 255 It begins on Mar 10, 2026 and ends on Mar 17, 2026.

What is the price of the Innovision Ltd IPO?

The price of Innovision Ltd IPO ranges between ₹494 to ₹519 per share.

What are the open and close dates for the Innovision Ltd IPO?

The Innovision Ltd IPO opens on Mar 10, 2026 and closes on Mar 17, 2026.

When will the Innovision Ltd IPO be allotted?

The allotment for the Innovision Ltd IPO will be finalised on Mar 18, 2026. The shares will be listed on BSE and NSE on Mar 23, 2026.

What is the minimum lot size required for Innovision Ltd IPO?

The minimum lot size for Innovision Ltd IPO is 27 shares, priced between ₹494 to ₹519 per share.

What is the GMP of Innovision Ltd IPO?

The GMP (Grey Market Premium) of Innovision Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Innovision Ltd IPO?

To check the allotment status of Innovision Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Innovision Ltd IPO getting listed?

The Innovision Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Mar 10, 2026, and closes on Mar 17, 2026. The allotment is finalised on Mar 18, 2026.

How do you apply for the Innovision Ltd IPO?

To apply for the Innovision Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.