Innovision IPO is a book-built public issue worth \u20b9322.84 crore. The IPO consists of two parts. The company is issuing 0.47 crore fresh shares worth \u20b9255.00 crore, while existing shareholders will sell 0.12 crore shares through an Offer for Sale (OFS) valued at \u20b967.84 crore.<\/p>\n
The Innovision IPO will open for subscription on March 10, 2026, and close on March 12, 2026. The share allotment is expected to be finalised on March 13, 2026. After the allotment process, the shares are scheduled to list on both the BSE and NSE on March 17, 2026.<\/p>\n
The price band for the Innovision IPO has been fixed between \u20b9521 and \u20b9548 per share. Investors need to apply for a minimum lot size of 27 shares. At the upper price band, the minimum investment required for retail investors is \u20b914,796.<\/p>\n
For Non-Institutional Investors (NIIs), the investment requirements are higher. The small NII (sNII) category requires a minimum of 14 lots, which equals 378 shares, amounting to \u20b92,07,144. Meanwhile, the big NII (bNII) category requires a minimum of 68 lots, or 1,836 shares, with an investment value of \u20b910,06,128.<\/p>\n
Emkay Global Financial Services Ltd. is acting as the Book Running Lead Manager (BRLM) for the issue, while Kfin Technologies Ltd. has been appointed as the registrar responsible for handling the IPO application and allotment process.<\/p>\n
Innovision provides manpower services, toll plaza management, and skill development training across India. As of January 15, 2026, the company operates in 23 states and 5 union territories. It began operations in 2007 by offering manned private security services and later expanded its offerings. Skill development services were introduced in Fiscal 2014, followed by toll plaza management services in Fiscal 2019.<\/p>\n
The company\u2019s manpower services include private security, integrated facility management (IFM), and manpower sourcing with payroll support. Innovision also manages toll plazas by handling user fee collection on national highways, including projects awarded through competitive bidding and empanelment with NHAI. In addition, the company runs skill development programs under various central and state government initiatives across multiple sectors. Through its subsidiaries, Innovision also provides recruitment, visa consultancy, and drone pilot training, serving over 180 clients across more than 1,000 locations in India.<\/p>\n