The Innovision Limited IPO is set to open for subscription from March 10 to March 12, 2026. The company aims to raise ₹322.84 crore through a book-building public issue. This IPO includes a fresh issue of shares as well as an Offer for Sale (OFS) by existing shareholders.

Innovision Limited operates in the manpower services, security services, and facility management industry, serving clients across India in multiple sectors including healthcare, logistics, retail, and BFSI.

This article covers Innovision IPO dates, price band, lot size, issue structure, financial performance, objectives of the issue, and company strengths to help investors understand the offering better.

Innovision Limited IPO Key Details

Innovision IPO Issue Structure

The IPO consists of both fresh shares issued by the company and an Offer for Sale by existing shareholders.

After the IPO, the company's shareholding will increase from 1,89,00,000 shares to 2,35,53,284 shares.

Innovision IPO Lot Size

Investors can bid for a minimum of 27 shares and in multiples of the lot size.

Innovision IPO Reservation

The IPO allocation is divided among different investor categories.

Innovision IPO Timeline

About Innovision Limited

Innovision Limited, incorporated in 2007, is a company providing manpower services, toll plaza management, and skill development training across India.

The company has established a strong operational network with 35 offices including corporate and registered offices across the country. As of January 15, 2026, Innovision operates in 23 states and 5 union territories.

The company provides manpower services across three key segments:

1. Manned Private Security Services
2. Integrated Facility Management (IFM) Services
3. Manpower Sourcing and Payroll Services

Innovision serves over 180 clients and provides services across more than 1,000 client premises.

Key Industry Sectors Served

• Retail
• Healthcare
• Warehousing
• Logistics
• BFSI

Major Clients

Some of the company’s clients include:

• Max Healthcare Limited
• Stellar Value Chain
• Sequel Logistics

Training & Skill Development

Innovision Limited also conducts physical and classroom training for security personnel as per the Private Security Agency Regulatory Act, 2025.

The company operates a training centre located in Turkiawas, Rewari (Haryana), which focuses on skill development for security and facility management professionals.

Competitive Strengths

Innovision Limited has several competitive advantages in the manpower services industry.

1. Wide Geographical Presence

The company operates across 23 states and 5 union territories, allowing it to cater to clients across multiple industries.

2. Diverse Service Portfolio

Innovision provides a wide range of manpower services including security, facility management, and payroll outsourcing, enabling it to serve multiple sectors.

3. Scalable Business Model

With established systems and processes, the company has built a scalable operational model that supports expansion across India.

4. Experienced Management Team

The management team has significant experience in the manpower services sector, helping the company maintain operational efficiency.

5. Strong Recruitment Capability

Innovision has deep expertise in labour regulations, workforce management, and recruitment processes.

Innovision Limited Financial Performance

Below is the company’s restated consolidated financial performance.

The company has shown significant growth in revenue and profitability over the past few years, supported by expanding operations and client base.

Objects of the Issue

Innovision Limited plans to utilize the IPO proceeds for the following purposes:

The funds will primarily help the company strengthen its balance sheet and support operational growth.

Key IPO Stakeholders

Company Promoters

The promoters of Innovision Limited are:

• Lt Col Randeep Hundal
• Uday Pal Singh

After the IPO, promoter holding will reduce from 100% to approximately 74.99%.

Innovision Limited IPO Address & Contact Details

Registered Office Address: 1/209, First FloorSadar BazarDelhi Cantt, New Delhi – 110010

Phone: +91 011 2089790

Email: cs@innovision.co.in

The Innovision Limited IPO offers investors an opportunity to invest in a company operating in the growing manpower services and facility management sector. With operations across multiple states, a diverse client base, and steady financial growth, the company aims to strengthen its financial position and expand its operations through the IPO proceeds.

However, investors should carefully evaluate financial performance, industry competition, and company valuation before making an investment decision.

Grey Market Premium (GMP) is unofficial market information and is not regulated by SEBI. GMP can change rapidly and should not be the sole factor in making investment decisions.

Sources:

• Innovision Limited Red Herring Prospectus (RHP)
• BSE IPO filings
• NSE IPO data
• Company financial statements