Last Updated on March 4, 2026 by Rajat Bhati

Innovision IPO Description – Innovision operates as an integrated manpower solutions provider with additional operations in toll plaza management and skill development training across India. As of 15 January 2026, the company has established a nationwide presence with operations spanning 23 states and 5 union territories through a network of 39 offices.
The company started its operations in 2007 with manned private security services and has since diversified into multiple manpower-related offerings, including integrated facility management (IFM), manpower sourcing, and payroll services. As of January 2026, the company serves more than 180 clients across over 1,000 locations, catering to sectors such as healthcare, logistics, warehousing, retail, BFSI, and government departments. The company employs over 6,900 security personnel and provides IFM services such as housekeeping, building maintenance, electrical work, waste management, and other facility support functions.
Another key vertical is toll plaza management, where the company undertakes user fee collection and operational management of toll plazas awarded through competitive bidding. As of January 2026, the company operates 9 toll plazas and has undertaken 60 projects, including 24 toll plaza management assignments, primarily for the National Highways Authority of India (NHAI). The company also provides skill development training under various central and state government schemes through partnerships with organisations such as NSDC and sector skill councils. These programs cover industries like healthcare, logistics, retail, electronics, and construction, aimed at improving employability among Indian youth.

Promoters of Innovision – Lt Col Randeep Hundal, and Uday Pal Singh
Table of Contents
Innovision IPO Details
| Innovision IPO Dates | 10 – 12 March 2026 |
| Innovision Issue Price | Coming soon |
| Fresh issue | INR 255 crore |
| Offer For Sale | 12,38,000 shares |
| Total IPO size | Coming soon |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 10 per share |
| Retail Allocation | 65% |
| Listing On | NSE, BSE |
Innovision Financial Performance
| FY 2023 | FY 2024 | FY 2025 | H1 FY 2026 | |
| Revenue | 255.57 | 510.33 | 893.13 | 480.0 |
| Expenses | 247.32 | 501.16 | 856.90 | 459.53 |
| Net income | 8.88 | 10.27 | 29.02 | 20.00 |
| Margin (%) | 3.47 | 2.01 | 3.25 | 4.17 |
Innovision Offer News
Innovision Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 (Pre Issue) | FY 2026 (Post-Issue)* | |
| EPS | 5.01 | 6.29 | 15.62 | – |
| PE Ratio | – | – | – | – |
| FY 2023 | FY 2024 | FY 2025 | |
| RONW (%) | 22.06 | 19.62 | 35.45 |
| NAV | 21.29 | 27.70 | 43.32 |
| ROCE (%) | 32.05 | 26.92 | 40.77 |
| EBITDA (%) | 6.40 | 3.85 | 5.79 |
| Debt/Equity | 0.83 | 0.92 | 0.97 |
Innovision IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Innovision IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding working capital requirements of the company – INR 119 crore
- Repayment and/ or pre-payment, in part or full, of certain borrowings availed by the company – INR 51 crore
- General corporate purposes
Innovision IPO Subscription – Live Updates
Coming soon
() Shares allotted to anchor investors are not included in these calculations. Similarly, NA shares allotted to market makers, if any, are not part of these calculations.
Innovision – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Innovision | – | 15.62 | 35.45 | 43.32 | 893.13 |
| Krystal Integrated | 13.47 | 44.61 | 14.30 | 312.92 | 1,2,12.78 |
| Updater Services | 8.62 | 17.70 | 12.33 | 144.07 | 2,736.06 |
| SIS Limited | 401.85 | 0.81 | 0.49 | 166.79 | 13,189.03 |
Innovision IPO Allotment Status
Innovision IPO allotment status will be available on the KFin Tech website. Click on this link to get the allotment status.
Innovision IPO Dates & Listing Performance
| IPO Opening Date | 10 March 2026 |
| IPO Closing Date | 12 March 2026 |
| Finalization of Basis of Allotment | 13 March 2026 |
| Initiation of refunds | 16 March 2026 |
| Transfer of shares to demat accounts | 16 March 2026 |
| Innovision IPO Listing Date | 17 March 2026 |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Innovision IPO Reviews – Subscribe or Avoid?
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Innovision Offer Lead Manager
EMKAY GLOBAL FINANCIAL SERVICES LIMITED
The Ruby, 7th Floor, Senapati Bapat Marg,
Dadar (West), Mumbai 400 028, Maharashtra
Phone: +91 22 6612 1212
Email: [email protected]
Website: www.emkayglobal.com
Innovision Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Innovision Contact Details
INNOVISION LIMITED
Plot 251, 1st Floor, Udyog Vihar
Phase-4, Gurgaon, Haryana – 122 015
Phone: +91 124 438 7354
Email: [email protected]
Website: www.innovision.co.in
Innovision IPO FAQs
How many shares in Innovision IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 1%, NII – 34%, and Retail – 65%.
How to apply for Innovision Public Offer?
The best way to apply for Innovision public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Innovision IPO GMP today?
Innovision IPO GMP today is INR NA per share.
What is Innovision kostak rate today?
Innovision kostak rate today is INR NA per application.
What is Innovision Subject to Sauda rate today?
Innovision Subject to Sauda rate today is INR NA per application.


































