Innovision Ltd launched its Initial Public Offering (IPO) on March 10, 2026, with an initial closing date of March 12, 2026. The bidding window for Innovision IPO has now been extended till Tuesday, March 17, 2026. It enters the fifth day of IPO today, on March 16, 2026. 

Innovision Ltd, founded in 2007, is a manpower and facilities management company that provides security services, workforce solutions, and integrated facility management across a range of industries. It is recognised as one of the prominent security manpower service providers in India. The basis of allotment for Innovision IPO will now be finalised on March 18, 2026, and the shares are tentatively scheduled to list on the NSE and BSE on March 20, 2026. 

Innovision IPO Details

The Innovision IPO is a book-building issue aggregating to ₹323 crore. It includes a fresh issue of 0.47 crore shares, valued at ₹255 crore, and an offer for sale (OFS) of 0.12 crore shares, worth ₹67.84 crore. 

The IPO price band was initially set at ₹521 to ₹548 per share and has now been revised to ₹494-₹519 per share, with a minimum lot size of 27 shares. Retail investors need to make a minimum investment of ₹14,067.

Emkay Global Financial Services is acting as the book-running lead manager for the issue, and Kfin Technologies Ltd has been appointed as the registrar.

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Innovision IPO Day 5 Subscription Status

[March 16, 2026, 10:45 A.M.]

On Day 5, Innovision IPO saw a subscription of 0.52 times as per NSE data on March 16, 2026, 10:45 am. The public issue was subscribed 0.26 times by Retail Individual Investors (RIIs), 12.27 times by Qualified Institutional Buyers (QIBs), and 0.68 times by Non-Institutional Investors (NIIs).

Use of Proceeds

The Company will utilise the net proceeds from the fresh issue towards the following purposes:

• Repayment or pre-payment, in part or in full, of all or certain borrowings availed by the Company.
• Funding the working capital requirements of the Company.
• General corporate purposes.

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Innovision Ltd GMP

According to media reports, the Grey Market Premium (GMP) of Innovision Ltd is ₹19.

About Innovision Ltd

Innovision Ltd is a Delhi-based business services company incorporated on January 11, 2007. The company offers end-to-end manpower and workforce solutions, including private security services, integrated facility management (IFM), recruitment and payroll management, toll plaza operations, and skill development training.

It serves a wide range of sectors, including healthcare, logistics, retail, BFSI, and government, with a client base of over 200 organisations across more than 1,300 locations in India. Innovision also runs training and certification centres to enhance workforce capabilities. For the financial year ended March 31, 2025 (FY25), the company reported revenue of approximately ₹896 crore.

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