Innovision IPO Review: Open Date, Price Band, Lot Size, and More
The Innovision IPO will open for subscription on March 10, 2026, and close on March 12, 2026. The company plans to raise ₹322.84 crore through the public issue, which includes both a fresh issue and an Offer for Sale (OFS).
Investors searching for Innovision IPO open date, price band, lot size, and review should understand the company’s business model, financial performance, and risks before applying.
Here’s a complete breakdown of the Innovision IPO details, review, and subscription outlook.
Innovision IPO: Key Details
| Detail | Information |
|---|---|
| IPO Open Date | March 10, 2026 |
| IPO Close Date | March 12, 2026 |
| Price Band | ₹521 – ₹548 per share |
| Lot Size | 27 shares |
| Minimum Investment | ₹14,796 |
| Issue Size | ₹322.84 crore |
| Listing Exchange | NSE & BSE |
| Tentative Listing Date | March 17, 2026 |
At the upper price band of ₹548, investors must invest ₹14,796 for one lot of 27 shares.
Issue Structure
The IPO consists of two components:
Fresh Issue
The company will issue around 4.7 million new shares to raise capital for business growth.
Offer for Sale (OFS)
Existing promoters will sell around 1.2 million shares.
The OFS allows early investors to partially exit their holdings.
How the Company Will Use IPO Funds
Funds raised from the fresh issue will be used for:
- Repayment of borrowings
- Working capital requirements
- Strengthening the balance sheet
- General corporate purposes
These investments are expected to support business expansion and operational efficiency.
About Innovision
Innovision was founded in 2007 and operates in the manpower and infrastructure services sector.
The company provides services such as:
- Toll plaza management
- Security services
- Facility management
- Manpower outsourcing
- Skill development and training
Innovision serves both government projects and private sector clients across several Indian states.
Innovision Financial Performance
The company has reported steady revenue growth driven by long-term infrastructure contracts.
Key revenue drivers include:
- Toll management contracts
- Manpower outsourcing services
- Security services
Government infrastructure projects provide stable contract-based revenue streams.
Strengths of the IPO
Established Industry Presence
Innovision has been operating for nearly two decades.
Infrastructure Sector Exposure
India’s infrastructure spending continues to grow, creating opportunities for service providers.
Diversified Services
The company operates across multiple service segments, reducing dependence on a single business line.
Risks to Consider
Dependence on Contracts
A significant portion of revenue comes from government and infrastructure contracts.
Competitive Industry
The manpower outsourcing industry includes many regional service providers.
Thin Margins
Service businesses often operate with relatively low profit margins.
Should You Subscribe to the Innovision IPO?
The Innovision IPO may appeal to investors looking for exposure to the infrastructure services sector.
However, investors should evaluate:
- Valuation at the upper price band
- Contract dependency risks
- Long-term revenue growth potential
Short-term listing gains will depend on subscription demand and overall market sentiment.
Key Takeaways
- Innovision IPO opens March 10, 2026.
- Price band is ₹521–₹548 per share.
- Minimum investment is ₹14,796.
- Shares are expected to list on March 17, 2026.
Disclaimer
The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Lemonn (Formerly known as NU Investors Technologies Pvt. Ltd) do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
