Innovision IPO Extended Till March 17, 2026: Check Revised Price Band & Key Dates
Innovision Ltd has extended the closing date of its Initial Public Offering (IPO) to March 17, 2026 amid muted subscription demand. The IPO, which opened earlier this week on March 10, 2026, will now remain open for bidding for additional days, giving investors more time to participate in the issue.
Along with the extension, the company has also reduced its IPO price band, effective March 13, 2026. The new price band is set between ₹494 - ₹519 per share. The minimum lot size is 27 shares. At the upper end of the revised price band, retail investors are now required to make a minimum investment of ₹14,013.
Innovision IPO Revised Dates
- IPO Opening Date: March 11, 2026
- Revised IPO Closing Date: March 17, 2026 (extended)
- Price Band Revision Effective From: March 13, 2026
- Tentative Allotment Finalisation: March 18, 2026
- Tentative Listing Date: March 20, 2026
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Innovision IPO Details
The Innovision IPO is a book-building issue aggregating to ₹323 crore. It comprises:
- Fresh Issue: 0.47 crore shares worth ₹255 crore
- Offer for Sale (OFS): 0.12 crore shares worth ₹67.84 crore
Emkay Global Financial Services is the book-running lead manager of the issue, while Kfin Technologies Ltd is acting as the registrar.
As of Day 4, the Innovision IPO saw a subscription of 0.30 times, according to the NSE data on March 13, 2026, 11:30 am. Here is the category-wise subscription details:
- Retail Individual Investors (RIIs): 0.27 times
- Qualified Institutional Buyers (QIBs): 0.95 times
- Non-Institutional Investors (NIIs): 0.35 times
Use of Proceeds
The company plans to utilise the net proceeds from the fresh issue towards:
- Repayment or pre-payment, in full or part, of certain borrowings
- Funding the working capital requirements
- General corporate purposes
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About Innovision Ltd
Innovision Ltd is a Delhi-based business services company incorporated on January 11, 2007. The company provides end-to-end manpower and workforce solutions, including manned private security services, integrated facility management (IFM), manpower recruitment and payroll management, toll plaza operations, and skill development training.
It serves over 200 clients across 1,300+ locations in India, catering to sectors such as healthcare, logistics, retail, BFSI, and government. The company also operates training and certification centres to enhance workforce skills.
For the financial year ended March 31, 2025 (FY25), Innovision reported revenue of around ₹896 crore.
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