Innovision IPO GMP today is Rs -51.3. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
Mainboard IPO
INNOVISION
Innovision IPO GMP & Allotment
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.
- IPO Price Band
- ₹494.00 - ₹519.00
- Lot Size
- 27 Shares
- Bidding Closes
- 17 Mar 2026
- Listing Date
- 23 Mar 2026
Current GMP Status
₹-51.3
-9.88% vs upper band
Est. Listing Gain
-9.88%
Last Trend
24 Mar 2026
Listing Price
₹467.70
Retail Entry
₹14,013
IPO Details
Complete IPO information
| IPO Open Date | 10 Mar 2026 |
|---|---|
| IPO Close Date | 17 Mar 2026 |
| IPO Price Band | ₹494.00 - ₹519.00 |
| Lot Size | 27 Shares |
| Current GMP | ₹-51.3 |
| Estimated Listing Gain | -9.88% |
| Issue Size | - |
| Fresh Issue | - |
| Issue Type | Mainboard |
| IPO Listing | NSE, BSE |
| Retail Quota | TBA |
| Registrar | TBA |
| Overall Subscription | 3.46x |
| Minimum Investment | ₹14,013 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus | - |
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Innovision is priced at ₹519 per share. With a minimum lot size of 27 shares, a retail investor applying for one lot would need approximately ₹14,013 to participate in this Mainboard issue.
The latest recorded Grey Market Premium for Innovision stands at ₹-51.3, implying an estimated listing gain of around -9.88% over the issue price if it holds until listing. This is up ₹36.7 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Innovision's IPO was subscribed 3.46x overall, with a category-wise breakdown of Retail 0.6x, QIB 14.3x.
Mainboard IPOs list on the main platform of BSE/NSE, typically involve larger issue sizes, and draw participation across retail, HNI and institutional (QIB) investor categories.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
10 Mar 2026
✓
Bidding Closes
17 Mar 2026
✓
Allotment
13 Mar 2026
✓
Listing
23 Mar 2026
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 24 Mar 2026 | ₹-51.30 | +₹36.70 | -9.88% |
| 20 Mar 2026 | ₹-88.00 | -₹74.00 | -16.96% |
| 18 Mar 2026 | ₹-14.00 | -₹40.00 | -2.70% |
| 17 Mar 2026 | ₹26.00 | +₹7.00 | 5.01% |
| 16 Mar 2026 | ₹19.00 | -₹52.00 | 3.66% |
| 12 Mar 2026 | ₹71.00 | +₹71.00 | 12.96% |
| 11 Mar 2026 | ₹0.00 | - | 0.00% |
| 10 Mar 2026 | ₹0.00 | - | 0.00% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 27 | ₹14,013 |
| Retail Maximum | 14 Lot | 378 | ₹1,96,182 |
| S-HNI Minimum | 15 Lot | 405 | ₹2,10,195 |
| S-HNI Maximum | 71 Lot | 1,917 | ₹9,94,923 |
| B-HNI Minimum | 72 Lot | 1,944 | ₹10,08,936 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
Innovision IPO Reservation
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | – Shares | –% |
| QIB (Ex. Anchor) | – Shares | 1% |
| NII (HNI) | – Shares | 34% |
| Retail Investors | – Shares | 65% |
Analysis
Innovision IPO 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 Innovision IPO is tentative and subject to change.
Analysis
Promoters and Holding 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
Analysis
Innovision Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
Analysis
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.
Analysis
Innovision Company Financials
To Be Updated Soon
Analysis
Innovision Company Valuation – FY2026
To Be Updated Soon
Analysis
Innovision IPO Peer Group Comparison
To Be Updated Soon
Analysis
IPO Lead Managers aka Merchant Bankers
- Emkay Global Financial Services Ltd.
Comparison
Compare Innovision IPO with similar IPOs
FAQ
Innovision IPO FAQs
Innovision IPO price band is Rs 494.00 to Rs 519.00. Check the latest issue price, lot size and GMP together before applying.
Innovision IPO open date is 10 Mar 2026, close date is 17 Mar 2026, and listing date is 23 Mar 2026.
Innovision IPO lot size is 27 shares. The minimum retail investment is Rs 14,013.
Innovision is classified as a Mainboard IPO. This helps investors quickly understand the issue category and exchange segment.
Innovision IPO subscription status currently shows Retail 0.6x, QIB 14.3x, Overall 3.46x.
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 issue size is TBA and the expected allotment date is 13 Mar 2026.
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