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Open
10 Mar 2026
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Close
17 Mar 2026
3
Allotment
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Listing
Mon, Mar 23, 2026
Price Band
₹494 to ₹519
Issue Size
61,51,294 shares (agg. up to ₹319 Cr)
Lot Size
27 Shares
Listing Date
Mon, Mar 23, 2026
Latest GMP
₹-92
Est. Gain
-17.73%
✦ AI Insight
GMP Trend
23-03-2026₹-92Est. ₹427-17.73%
22-03-2026₹-92Est. ₹427-17.73%
21-03-2026₹-77Est. ₹442-14.84%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.35x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 271.66 | 220.30 | 157.05 | 108.17 |
| Total Income | 483.10 | 895.95 | 512.13 | 257.62 |
| Profit After Tax | 20.00 | 29.02 | 10.27 | 8.88 |
| EBITDA | 30.42 | 51.75 | 19.66 | 16.36 |
| NET Worth | 102.33 | 81.88 | 52.35 | 40.26 |
| Reserves and Surplus | 83.43 | 62.98 | 33.45 | 38.91 |
| Total Borrowing | 112.39 | 79.05 | 48.15 | 33.34 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Highway Infrastructure Ltd. | Mainboard | ₹130.00 Cr | ₹70 | 18.06 | ₹120.75 | +72.50% | ₹44.02 (-4.21%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment or pre-payment, in part or full of all or certain borrowings availed by the Company | 51.00 |
| 2 | Funding working capital requirements of the Company | 119.00 |
| 3 | General Corporate Purposes | 39.80 |
| 4 | Issue Expenses | 56.57 |
| Total | 266.37 |
About Innovision IPO
Incorporated in 2007, Innovision Limited provides manpower services, toll plaza management, and skill development training to clients across India. The company has 35 offices, including registered and corporate offices, across India. As of Jan 15, 2026, Innovision Limited operates in in 23 states and 5 union territories of India. Manpower Services comprises 3 operational segments as follows: Manned Private Security Services, Integrated Facility Management (IFM) Services and Manpower Sourcing and Payroll. As of Jan 15, 2026, the company served more than 180 clients across various sectors and rendered services to over 1,000 client premises. The company serves customers across sectors including retail, healthcare, warehousing, logistics and BFSI. Max Healthcare Limited, Stellar Value Chain and Sequel Logistics are some of the customers. Innovision Limited also provides physical and classroom training to security personnel by the Private Security Agency Regulatory Act, 2025 at a training centre located at Turkiawas, Rewari, Haryana. Competitive Strengths Wide geographical reach and locations across India. Diverse portfolio of manpower services Established systems and processes leading
Contact Details
Innovision Ltd. Address1/209, First FloorSadar BazarDelhi CanttDelhi, New Delhi, 110010+91 011 208 9790cs@innovision.co.inVisit Website