
Innovision IPO GMP Today, Date, Price, Reviews, Details 2026
The value of Innovision IPO is a book-building issue of 322.84 crores. The IPO includes a fresh issue of 0.47 crore shares totaling to 255.00 crores in value and a sale offer of 0.12 crore shares of a 67.84 crores value. IPO shall be opened on 10 March 2026 and closed on 12 March 2026.
The allocation will be completed on March 13, 2026, and the shares will probably be listed on BSE and NSE on March 17, 2026. The company will use the funds to do business expansions and general corporate purposes.
Investors need to consider a number of factors such as Innovision IPO GMP, Innovision IPO price band, Innovision IPO date, Innovision Limited IPO fundamentals, financial performance and sector outlook before applying in any IPO.
In this step-by-step guide, we are going to examine the Innovision limited IPO, its main specifications, business model, financial results, and a comparison of the IPO with other companies in the industry and the consideration of whether the investor should apply to the IPO.
Innovision IPO Dates & Timeline
Event | Date |
IPO Open Date | March 10, 2026 |
IPO Close Date | March 12, 2026 |
Allotment Finalization | March 13, 2026 |
Refund Initiation | March 16, 2026 |
Shares Credited to Demat | March 16, 2026 |
IPO Listing Date | March 17, 2026 |
About Innovision Limited
Innovision Limited is an Indian services company providing infrastructure management and manpower solutions across various sectors. The company primarily operates three major business verticals:
- Toll Plaza Management
- Manpower Outsourcing Services
- Skill Development and Training Programs
The company works with government agencies, infrastructure operators, hospitals, banks, and corporate institutions to provide operational support and workforce management. Innovision has established a significant operational base in India that has thousands of deployed persons and various operational centers.
In the past years, the Indian IPO market has been characterized by large participation of investors particularly the retail investor seeking to make listing gains, and long term wealth generation.
Some of the new products available under the primary market include the Innovision IPO that has generated interest based on its diversified service business and high growth in revenue over the past few years.
The areas, in which the Innovision Limited IPO is involved, include the management of toll plaza, outsourcing of manpower and skill development programs funded by the government of India in the country of India. The company has established a vast operational base having thousands of deployed employees and several operational centers.
Innovision Limited IPO Key Highlights
Particulars | Details |
IPO Name | |
Issue Type | Book Building IPO |
Innovision IPO Date | March 10-12, 2026 |
Innovision IPO Price Band | ₹521 to ₹548 per share |
Issue Size | ₹322.84 Crores |
Fresh Issue | 0.47 Crore shares (₹255.00 Cr) |
Offer for Sale | 0.12 Crore shares (₹67.84 Cr) |
Total Shares Offered | 58,91,284 Shares |
Face Value | ₹10 per share |
Lot Size | 27 Shares |
Listing Exchange | BSE, NSE |
Lead Manager | Emkay Global Financial Services Ltd. |
Registrar | Kfin Technologies Ltd. |
Innovision IPO Price Band
The range of the Innovision IPO price is pegged at 521-548 per share. A minimum lot of 27 shares can be applied by investors and the minimum amount of investment is 14,796 by retail investors under the upper price band.
In the case of sNII investors, the minimum investment is 14 lots (378 shares) equivalent to 207144, and bNII investors need to apply to 68 lots (1836) equivalent to 1006128. The shares will be quoted in both BSE and NSE and the IPO will be run by Emkay Global Financial Services Ltd. and Kfin Technologies Ltd. as the registrar.
Parameter | Details |
Price Band | ₹521 – ₹548 per share |
Face Value | ₹10 |
Lot Size | 27 Shares |
Minimum Investment | ₹14,796 |
At the higher price band, retail investors who are seeking one lot would have to invest about 14,796.
Innovision IPO GMP (Grey Market Premium)
Innovision IPO GMP (Grey Market Premium) refers to the unofficial premium at which IPO shares trade in the grey market before listing.
According to recent market updates:
Metric | Value |
Innovision IPO Price Band | ₹521 – ₹548 |
Latest GMP | ₹0 |
Estimated Listing Price | Around issue price |
A GMP of ₹0 indicates neutral grey market sentiment, suggesting that listing gains may not be significant based on current grey market activity.
Where to Check Innovision IPO GMP
Investors can track real-time GMP updates on:
These platforms provide daily grey market premium updates for both SME and mainboard IPOs.
IPO Application Strategy Used by Many Investors
- Many retail investors follow a simple strategy:
- If Innovation IPO GMP is greater than 20%, they consider applying for the IPO for potential listing gains.
- However, GMP is unofficial and should never be the only factor for investment decisions.
Financial Performance of Innovision Limited
Financial performance plays a crucial role in IPO evaluation. Below is a simplified financial overview of Innovision Limited.
Financial Metric | FY23 | FY25 |
Revenue | ₹257 Crore | ₹895 Crore |
Profit After Tax | ₹13 Crore | ₹29 Crore |
ROE | – | 35% |
ROCE | – | 40% |
The firm has shown a high growth in revenues in recent years.
Financial Analysis & Key takeaways:
- High Revenue Growth: The company has experienced substantial revenue growth as a result of an increase in the toll management contracts.
- Excellent Return Ratios: The firm has a better ROE and ROCE than most of its counterparts.
- Cash Flow Pressure: The timing of cash receipts by clients can be delayed in service business where it impacts on operating cash flow.
Industry Peers Comparison
To know the positioning of the Innovision we can compare it with other firms in the manpower and facility management market.
Company | Revenue (₹ Cr) | EBITDA Margin | ROCE |
Innovision | 893 | 5.79% | 40.77% |
Krystal Integrated | 1212 | 7.77% | 18.85% |
SIS Limited | 13189 | 2.53% | – |
Quess Corp | 14967 | 0.65% | 26% |
Innovision’s return ratios appear strong, although margins are relatively moderate.
Strengths of Innovision IPO
- High Growth in revenues: The company has indicated a high growth in revenues over the last few years as a result of growth in infrastructure and manpower services.
- Diversified Business Model: Innovision engages in several business areas such as infrastructure, staffing, as well as skill development.
- Massive Geographical Operations: The company operates in various states with thousands of workers deployed.
- Large Return Ratios: good ROE and ROCE show that the capital is well utilized.
Associated risks in Innovision IPO.
- Reliance in Government Contracts: Huge percentage of revenues is based on the toll management contracts.
- Low Operating Margins: in Manpower and service businesses the margins are normally low.
- Problems with cash flow: Clients who pay late could have an effect on liquidity.
- Regulatory Risks: Revenue may be impacted by changes in infrastructure policies or contracts that are awarded by the government.
Should You Apply for Innovision IPO?
Factor | Analysis |
Sector | Infrastructure services |
Revenue Growth | Strong |
Financial Ratios | Healthy |
GMP | Neutral currently |
Risk Level | Moderate |
IPO Investment Approach
- Many investors follow a simple rule: If IPO GMP is greater than 20%, they consider applying for listing gains.
- However, for long-term investment decisions, fundamentals should always be prioritized over GMP.
Current IPO Outlook
Based on available data:
- Subscription interest: Moderate to Good
- Fundamentals: Reasonably strong
- GMP Trend: Neutral
How to Apply for Innovision IPO?
Investors can apply for IPO through two common methods.
Method 1: ASBA Through Net Banking
Steps:
- Login to your bank’s net banking portal
- Select IPO / ASBA option
- Choose Innovision IPO
- Enter bid price and lot size
- Submit application
Method 2: Broker Platform Using UPI
Investors can apply through brokers such as:
- Zerodha
- Groww
- Angel One
- Upstox
Steps:
- Open IPO section in broker app
- Select Innovision IPO
- Enter bid quantity
- Approve UPI mandate
Conclusion
Innovision Limited IPO is among the notable mainboard IPOs in the Indian stock market of 2026. The company deals with an interesting sector which integrates infrastructure service, manpower outsourcing and skill development programs.
Innovation IPO GMP, subscription rates, valuation ratios, and the general mood on the market are the three factors that retail investors have to observe closely to be able to apply. When GMP exceeds 20, most investors prefer to apply on listing gain but investment decisions must always be made on the fundamentals and risk tolerance.
The current Investigation IPO GMP updates of Chittorgarh can be followed by the investors both on Chittorgarh.com and Investorgain.com before they make their final choice.
Disclaimer
The article is educational and informational in nature. The investments in IPOs are exposed to the risks of the market such as the risk of capital loss. Before investing, the readers should do their own research or hire a certified financial advisor.
FAQ'S
What is Innovision IPO?
Innovation IPO is a mainboard IPO according to which Innovation Limited is going to raise about 323 crore by issuing the shares to the NSE and BSE.
What is Innovision IPO GMP?
Innovision IPO GMP is the trade or grey market at which the shares are sold unofficially prior to listing.
What is the Innovision IPO date?
The Innovision IPO Date is March 10-12, 2026.
How much is the Innovision IPO price band?
The Innovision IPO price band is 521 to 548 in rupees.
Is the Innovision IPO worth application by investors?
Before making an application in the IPO, investors are to consider the fundamentals, valuation, and GMP of the company.
What is the Innovision IPO issue size?
The Innovision IPO issue size is ₹322.84 Crores.
What is the Innovision IPO face value?
The Innovision IPO face value is ₹10 per share.
What is the Innovision IPO lot size?
The Innovision IPO lot size is 27 Shares.





