Innovision Limited, a prominent player in manpower services and toll management, witnessed a weak opening on the stock exchanges today. 00.70. This listing resulted in an immediate erosion of approximately 10% of the capital for IPO investors.
Post-Listing Market Performance
Following the debut, the stock faced further selling pressure. 76% from the original issue price. According to market data, the weak listing follows a lukewarm response from retail investors during the subscription period. The stock remained under pressure throughout the early trading hours as institutional and retail participants reacted to the listing price.
Subscription Details and Investor Participation
00 crore IPO was open for public subscription from March 10 to March 17.46 times overall. 60 times subscription. 60 times bids for the shares reserved for them.
Utilization of IPO Proceeds
00 each. 00 crore from the fresh issue proceeds will be utilized for debt repayment. 00 crore has been earmarked for working capital requirements, while the remaining funds will be used for general corporate purposes.
Company Profile and Operational Presence
Founded in 2007, Innovision Limited provides integrated facility management, manpower sourcing, and toll plaza management services. As of January 2026, the company operates across 23 states and 5 Union Territories in India with 35 registered and corporate offices. Its service segments include manned private security and payroll management, serving major clients such as Max Healthcare and Stellar Value Chain across sectors like retail, healthcare, and logistics.
Financial Health and Debt Status
The company has reported consistent growth in its financial performance over the last three years. 02 crore in FY2025.95 crore. 10 crore. 39 crore.