Innovision IPO Details
| IPO Open Date | March 10, 2026 |
| IPO Close Date | March 12, 2026 |
| Face Value | â‚ą10 Per Equity Share |
| IPO Price Band | â‚ą521 to â‚ą548 Per Share |
| Issue Size | Approx â‚ą323 Crores |
| Fresh Issue | Approx â‚ą255 Crores |
| Offer for Sale: | Approx 12,38,000 Equity Shares |
| Issue Type | Book build Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Innovision IPO Review & Key Points
- Review:
Innovision IPO Market Lot
The Innovision IPO minimum market lot is 27 shares with â‚ą14,796 application amount. The retail investors can apply up-to 13 lots with 351 shares of â‚ą1,92,348 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 27 | â‚ą14,796 |
| Retail Maximum | 13 | 351 | â‚ą1,92,348 |
| S-HNI Minimum | 14 | 378 | â‚ą2,07,144 |
| S-HNI Maximum | 67 | 1,809 | â‚ą9,91,332 |
| B-HNI Minimum | 68 | 1,836 | â‚ą10,06,128 |
IPO Reservation
| Investor Category | Share Offered | Shares (%) |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 1% |
| NII Shares Offered | – Shares | 34% |
| Retail Shares Offered | – Shares | 65% |
Innovision IPO Dates
The Innovision IPO date is March 10 and the close date is March 12. The Innovision IPO allotment will be finalized on March 13 and the IPO listing on March 17.
| IPO Open Date: | March 10, 2026 |
| IPO Close Date: | March 12, 2026 |
| Basis of Allotment: | March 13, 2026 |
| Refunds: | March 16, 2026 |
| Credit to Demat Account: | March 16, 2026 |
| IPO Listing Date: | March 17, 2026 |
| IPO Bidding Cut-off Time: | March 12, 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Lt Col Randeep Hundal and Uday Pal Singh.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,89,00,000 | 100% |
| Promoter Holding Post Issue | 2,35,53,284 | 74.99% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Repayment or pre-payment, in part or full of all or certain borrowings availed by the Company | â‚ą51.00 |
| Funding working capital requirements of the Company | â‚ą119.00 |
| General Corporate Purpose | â‚ą- |
About Innovision IPO
To be updated soon
Innovision IPO Company Financial Report
Amount â‚ą in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | â‚ą257.62 | â‚ą247.32 | â‚ą8.88 | â‚ą108.17 |
| 2024 | â‚ą512.13 | â‚ą501.16 | â‚ą10.27 | â‚ą157.05 |
| 2025 | â‚ą895.95 | â‚ą856.90 | â‚ą29.02 | â‚ą220.30 |
| Sep 2025 | â‚ą483.10 | â‚ą459.53 | â‚ą20.00 | â‚ą271.66 |
Innovision IPO Valuation – FY2025
Check Innovision IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 35.45% |
| ROCE: | 40.77% |
| EBITDA Margin: | 5.79% |
| PAT Margin: | 3.25% |
| Debt to equity ratio: | 0.97 |
| Earning Per Share (EPS): | â‚ą15.62 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 35.45% |
| Net Asset Value (NAV): | â‚ą43.32 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Krystal Integrated Services Limited | 44.61 | 13.47 | 14.30% | 312.92 | 1,212.78 Cr. |
| Updater Services Limited | 17.70 | 8.62 | 12.33% | 144.07 | 2,736.06 Cr. |
| SIS Limited | 0.81 | 401.85 | 0.49% | 166.79 | 13,189.04 Cr. |
| Quess Corp Limited | 3.07 | 63.37 | 4.23% | 72.92 | 14,967.20 Cr. |
| Highway Infrastructure Ltd | 3.40 | 15.15 | 19.03% | 20.37 | 495.72 Cr. |
IPO Lead Managers aka Merchant Bankers
- Emkay Global Financial Services Ltd.
Company Address
Innovision Ltd.
1/209, First Floor,
Sadar Bazar,
Delhi Cantt,
Delhi, New Delhi, 110010
Phone: +91 011 208 9790
Email: [email protected]
Website: https://www.innovision.co.in/
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://ipostatus.kfintech.com/
Innovision IPO FAQs
What is Innovision IPO?
Innovision IPO is Mainboard IPO. The company is going to raise â‚ą323 Crores via IPO. The issue is priced at â‚ą521 to â‚ą548 per equity share. The IPO is to be listed on BSE & NSE.
When Innovision IPO will open for subscription?
The IPO is to open on March 10, 2026 for QIB, NII, and Retail Investors. The IPO will close on March 12, 2026.
What is Innovision IPO Investors Portion?
The investors’ portion for QIB is 1%, NII is 34%, and Retail is 65%.
How to Apply the Innovision IPO?
You can apply for Innovision IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Innovision IPO Issue Size?
Innovision IPO issue size is â‚ą323 crores.
What is Innovision IPO Price Band?
Innovision IPO Price Band is â‚ą521 to â‚ą548.
What is Innovision IPO Lot Size?
The minimum bid is 27 Shares with â‚ą14,796 amount.
What is the Innovision IPO Allotment Date?
Innovision IPO allotment date is March 13, 2026.
What is the Innovision IPO Listing Date?
Innovision IPO listing date is March 17, 2026. The IPO is to list on BSE & NSE.
Note: The Innovision IPO price band and date are officially announced. The (Innovision IPO grey market premium) will be added to the IPO GMP page as it will start).
