Innovision Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 58,913 (1%) | — | ₹31 Cr |
| NII (HNI) | — | 2,003,037 (34%) | — | ₹10,396 Cr |
| Retail | — | 3,829,335 (65%) | — | ₹19,874 Cr |
| Σ Total | — | 5,891,285 (100%) | — | ₹305,758 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 27 | ₹14,013 |
| Retail (Max) | 13 | 351 | ₹182,169 |
| S-HNI (Min) | 14 | 378 | ₹196,182 |
| B-HNI (Min) | 67 | 1,809 | ₹938,871 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 483 | 896 | 512 |
| EBITDA | 30 | 52 | 20 |
| Profit After Tax | 20 | 29 | 10 |
| Net Worth | 102 | 82 | 52 |
| Total Assets | 272 | 220 | 157 |
| Reserves & Surplus | 83 | 63 | 33 |
| Total Borrowing | 112 | 79 | 48 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment or pre-payment, in part or full of all or certain borrowings availed by the Company – 51.00
- Funding working capital requirements of the Company – 119.00
- General Corporate Purposes –
Company Overview
Incorporated in 2007, Innovision Limited provides manpower services, toll plaza management, and skill development training to clients across India. The company has 35 offices, including registered and corporate offices, across India. As of Jan 15, 2026, Innovision Limited operates in in 23 states and 5 union territories of India.
Manpower Services comprises 3 operational segments as follows: Manned Private Security Services, Integrated Facility Management (IFM) Services and Manpower Sourcing and Payroll.
As of Jan 15, 2026, the company served more than 180 clients across various sectors and rendered services to over 1,000 client premises.
The company serves customers across sectors including retail, healthcare, warehousing, logistics and BFSI. Max Healthcare Limited, Stellar Value Chain and Sequel Logistics are some of the customers.
Innovision Limited also provides physical and classroom training to security personnel by the Private Security Agency Regulatory Act, 2025 at a training centre located at Turkiawas, Rewari, Haryana.
Competitive Strengths
- Wide geographical reach and locations across India.
- Diverse portfolio of manpower services
- Established systems and processes leading to a scalable business model
- Experienced management and operational team
- Recruitment capability, domain knowledge and knowledge of labour regulations