Innovision GMP IPO Date, Review, Price, Allotment Details

Latest Grey Market Premium (GMP)
-₹92
Yellow
Updated: 23 Mar 2026, 08:02 AM

Innovision IPO Summary

IPO Open Date: 10 Mar 2026

IPO Close Date: 17 Mar 2026

Price Band: ₹494 to ₹519 Per Share

Issue Size: Approx ₹323 Crores

Listing Exchange: BSE NSE

Website: https://www.innovision.co.in/

Innovision IPO Overview

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 ₹494 to ₹519 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.

Innovision IPO Details

Company Name Innovision Ltd
IPO Open Date 10 Mar 2026
IPO Close Date 17 Mar 2026
Face Value ₹10 Per Equity Share
Price Band ₹494 to ₹519 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
Listing On BSE, NSE
Download Documents:
DRHP RHP

Innovision IPO Review & Key Points

Avoid
Rating: (1/5)

Innovision IPO Market Lot

The Innovision IPO minimum market lot is 27 shares with ₹13,338 application amount. The retail investors can apply up-to 13 lots with 351 shares of ₹1,82,169 amount.

Category Lot Size Shares Amount
Retail Minimum 1 27 ₹13,338
Retail Maximum 13 351 ₹1,82,169
S-HNI Minimum 14 378 ₹1,96,182
S-HNI Maximum 67 1,809 ₹9,38,871
B-HNI Minimum 68 1,836 ₹9,52,209

Innovision IPO Reservation

Investor Category Shares Offered % of Issue
Anchor Investor – Shares -%
QIB (Ex. Anchor) 58,913 Shares 1%
NII / HNI 20,03,037 Shares 34%
Retail 38,29,335 Shares 65%

Innovision IPO Dates & Allotment

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 Opening Date 10 Mar 2026
IPO Closing Date 17 Mar 2026
Bidding Cutoff Time 5 PM
Basis of Allotment 18 Mar 2026
Refunds Initiation 20 Mar 2026
Credit to Demat 20 Mar 2026
IPO Listing Date 23 Mar 2026

Innovision IPO Objects of the Issue & Utilization of Proceeds

Description Amount
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 ₹-

Innovision Ltd Financials

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

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.

Parameter Value
Earnings Per Share (EPS) ₹15.62 (Basic)
P/E Ratio N/A
Return on Equity (ROE) 35.45%
Return on Capital Employed (ROCE) 40.77%
Return on Net Worth (RoNW) 35.45%
Net Asset Value (NAV) ₹43.32
EBITDA Margin 5.79%
PAT Margin 3.25%
Debt to Equity Ratio 0.97

Innovision IPO Peer Group Comparison

Company EPS P/E RoNW % NAV Total 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.

Innovision IPO Promoters & Holding Pattern

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

Particulars Shares % Share
Promoter Holding Pre Issue 1,89,00,000 100%
Promoter Holding Post Issue 2,35,53,284 74.99%

Innovision IPO Lead Managers (Merchant Bankers)

  • Emkay Global Financial Services Ltd.

About Innovision Ltd

Innovision is a forward-thinking strategic consulting and financial services firm dedicated to driving organizational growth through innovative technology solutions and expert market insights. The company empowers businesses by streamlining operational efficiency and fostering sustainable development in competitive global markets. With a client-centric approach, Innovision integrates advanced data analytics to deliver actionable intelligence and transformative results.

Innovision Ltd Address

Delhi, New Delhi, 110010
Phone: +91 011 208 9790
Email: [email protected]

Innovision IPO Registrar

Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://ipostatus.kfintech.com/

Innovision IPO FAQs

Innovision IPO is Mainboard IPO. The company is going to raise ₹323 Crores via IPO. The issue is priced at ₹494 to ₹519 per equity share. The IPO is to be listed on BSE & NSE.
The IPO is to open on March 10, 2026 for QIB, NII, and Retail Investors. The IPO will close on March 17, 2026.
The investors’ portion for QIB is 1%, NII is 34%, and Retail is 65%.
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.
Innovision IPO issue size is ₹323 crores.
Innovision IPO Price Band is ₹494 to ₹519.
The minimum bid is 27 Shares with ₹14,013 amount.
Innovision IPO allotment date is March 18, 2026.
Innovision IPO listing date is March 23, 2026. The IPO is to list on BSE & NSE.