GMP IPO Watch
Innovision IPO Final Call: Will the Price Cut and Extension Save the Day?
The ₹306 crore Innovision Limited IPO officially closes today, March 17, 2026. After a slo...
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I
Mainboard IPO
LISTED
NSE, BSE
INNOVISION
Innovision IPO
Innovision IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹-51.3
-9.9%
Est. Listing: ₹467.70
Price Band
₹494 - ₹519
Per equity share
Lot Size
27 Shares
Min Invest: ₹14,013
Issue Size
₹519 Cr
Total Public Offering
Issue Dates
9 March 2026 – 16 March 2026
Bidding period
Subscription
3.46x
Total overall demand
Innovision IPO Details
Key facts at a glance| IPO Open Date | 9 March 2026 | IPO Close Date | 16 March 2026 |
|---|---|---|---|
| Basis of Allotment | 12 March 2026 | Listing Date | 22 March 2026 |
| Price Band | ₹494 - ₹519 per share | Face Value | ₹10 per share |
| Market Lot Size | 27 Shares | Min Investment (Retail) | ₹14,013 |
| Total Issue Size | ₹519 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | Mainboard Issue |
| Registrar | TBA | ||
Innovision IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 9 March 2026 | Confirmed |
| IPO Close Date | 16 March 2026 | Confirmed |
| Basis of Allotment | 12 March 2026 | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 22 March 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Innovision IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 1 Lot | 27 Shares | ₹14,013 |
| Retail (Max) | 14 Lots | 378 Shares | ₹1,96,182 |
| S-HNI (Min) | 15 Lots | 405 Shares | ₹2,10,195 |
| S-HNI (Max) | 71 Lots | 1,917 Shares | ₹9,94,923 |
| B-HNI (Min) | 72 Lots | 1,944 Shares | ₹10,08,936 |
Innovision IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹-51.3 -9.9%
Estimated Listing Price
₹467.70
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 24 Mar 2026 | ₹-51.3 | ₹467.70 | -9.88% |
| 20 Mar 2026 | ₹-88 | ₹431.00 | -16.96% |
| 18 Mar 2026 | ₹-14 | ₹505.00 | -2.70% |
| 17 Mar 2026 | ₹26 | ₹545.00 | +5.01% |
| 16 Mar 2026 | ₹19 | ₹538.00 | +3.66% |
| 12 Mar 2026 | ₹71 | ₹590.00 | +12.96% |
| 11 Mar 2026 | ₹0 | ₹519.00 | +0.00% |
| 10 Mar 2026 | ₹0 | ₹519.00 | +0.00% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Innovision IPO Subscription Status
Demand breakdown by investor category
Retail
0.60x
QIB
14.30x
NII / HNI
—
Total
3.46x
About Innovision
Innovision Limited IPO is a ₹322.84 crore public issue that opened for subscription from 10 March to 12 March 2026. The IPO is priced between ₹521 and ₹548 per share with a lot size of 27 shares, requiring a minimum investment of about ₹14,796. Innovision Limited provides manpower services, toll plaza management, and skill development training across India, serving multiple industries such as infrastructure, logistics, healthcare, and retail. The company plans to use the IPO proceeds mainly for debt repayment, working capital requirements, and general corporate purposes.
Innovision IPO Reservation & Share Quotas
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – Shares | –% |
| QIB (Ex. Anchor) | – Shares | 1% |
| NII (HNI) | – Shares | 34% |
| Retail Investors | – Shares | 65% |
Innovision IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 10 Mar 2026 |
| IPO Close Date | 17 Mar 2026 |
| Basis of Allotment | 13 Mar 2026 |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 23 Mar 2026 |
Note: The timeline for इनोविज़न IPO is tentative and subject to change.
Innovision Promoters and Shareholding Pattern
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,89,00,000 | 100% |
| Promoter Holding Post Issue | 2,35,53,284 | 74.99% |
Promoters: Lt Col Randeep Hundal and Uday Pal Singh
Innovision Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
About Innovision IPO
Set up in 2007, Innovision Limited offers manpower services, manages toll plazas, and provides skill development training across India. As of January 16, 2026, the firm operates 35 offices across 23 states and 5 union territories in India. Its manpower services are divided into 3 segments: Manned Private Security Services, Integrated Facility Management (IFM) Services, and Manpower Sourcing and Payroll.
Max Healthcare Limited, Stellar Value Chain, and Sequel Logistics are among the company’s major customers. Its services are catered to retail, healthcare, warehousing, logistics, and BFSI sectors. So far, the firm has served over 180 clients. Moreover, the firm also offers training to security guards at its training centre in Rewari, Haryana, following government rules.
Innovision Company Financial Report
To Be Updated Soon
Innovision Company Valuation & Key Performance Indicators
To Be Updated Soon
Innovision Peer Group Comparison
To Be Updated Soon
Innovision Lead Managers & Merchant Bankers
- Emkay Global Financial Services Ltd.
Innovision IPO FAQs
Innovision IPO opens for subscription on 9 March 2026 and closes on 16 March 2026.
The price band for Innovision IPO is set at ₹494.00 to ₹519.00 per share.
The minimum market lot size is 27 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 27 Shares (₹14,013).
The latest Grey Market Premium (GMP) for Innovision IPO is ₹-51.30. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Innovision IPO is tentatively scheduled for 12 March 2026, and shares are expected to list on the stock exchanges on 22 March 2026.
The registrar details will be confirmed in the official prospectus.
Innovision IPO Analysis & Articles
