Innovision IPO is a book-built issue IPO, aiming to raise ₹319.25 crore. It comprises a fresh issue of 0.49 crore shares aggregating to ₹255.00 crore and an offer for sale of 0.12 crore shares amounting to ₹64.25 crore. The bidding window was open from March 10, 2026, to March 17, 2026, with the IPO allotment to be finalised on March 18, 2026. Innovision Limited is scheduled to list on BSE and NSE on March 20, 2026.
The IPO was priced at ₹494-₹519 per share with a lot size of 27 shares. The public issue received bids for 2,12,70,519 shares against 61,51,294 shares available, resulting in an overall subscription of 3.46 times. NIIs led the response, subscribing 8.60 times their quota, followed by QIBs at 14.30 times, while retail investors subscribed 0.60 times.
Innovision Limited’s ₹319.25 crore IPO, priced at ₹494-₹519 per share, was subscribed 3.46 times overall. The IPO consists of a fresh issue of 49,13,295 shares aggregating to ₹255.00 crore and an offer for sale of 12,38,000 shares amounting to ₹64.25 crore.
Bidding took place from March 10 to March 17, 2026, with the Innovision IPO allotment status on March 18, 2026. Retail investors subscribed 0.60 times and NIIs 8.60 times, and listing is expected on March 20, 2026.
The table below breaks down the Innovision share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| QIB Shares Offered | 61,513 (1.00%) |
| NII (HNI) Shares Offered | 20,91,440 (34.00%) |
| − bNII > ₹10L | 13,94,498 (22.67%) |
| − sNII < ₹10L | 6,96,942 (11.33%) |
| Retail Shares Offered | 39,98,341 (65.00%) |
| Total Shares Offered | 61,51,294 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers (QIB) | 14.3 |
| Non-Institutional Investors (NII) | 8.6 |
| Retail Individual Investors (RII) | 0.6 |
| Total | 3.46 |
Note: The subscription details are as of March 17, 2026
Incorporated in 2007, Innovision Limited provides manpower services, toll plaza management, and skill development training across India. The company has established a wide operational presence with 35 offices, including registered and corporate offices, and operates across 23 states and 5 union territories as of January 15, 2026.
The company’s manpower services are divided into three key segments: manned private security services, integrated facility management services, and manpower sourcing and payroll. Through these segments, Innovision Limited caters to a diverse range of industries and client requirements.
As of January 15, 2026, the company has served more than 180 clients and delivered services across over 1,000 client premises. Its clientele spans sectors such as retail, healthcare, warehousing, logistics, and BFSI, including companies like Max Healthcare Limited, Stellar Value Chain, and Sequel Logistics.
Innovision Limited also offers physical and classroom training programmes for security personnel in compliance with the Private Security Agency Regulatory Act, 2025. These training activities are conducted at its dedicated facility located in Turkiawas, Rewari, Haryana, supporting skill development and workforce readiness.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 17, 2026, 6:17 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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