Innovision IPO GMP, Price, Allotment, Profit Estimate 2026

Last Updated on March 4, 2026 by Rajat Bhati

Innovision IPO Description – Innovision operates as an integrated manpower solutions provider with additional operations in toll plaza management and skill development training across India. As of 15 January 2026, the company has established a nationwide presence with operations spanning 23 states and 5 union territories through a network of 39 offices.

The company started its operations in 2007 with manned private security services and has since diversified into multiple manpower-related offerings, including integrated facility management (IFM), manpower sourcing, and payroll services. As of January 2026, the company serves more than 180 clients across over 1,000 locations, catering to sectors such as healthcare, logistics, warehousing, retail, BFSI, and government departments. The company employs over 6,900 security personnel and provides IFM services such as housekeeping, building maintenance, electrical work, waste management, and other facility support functions.

Another key vertical is toll plaza management, where the company undertakes user fee collection and operational management of toll plazas awarded through competitive bidding. As of January 2026, the company operates 9 toll plazas and has undertaken 60 projects, including 24 toll plaza management assignments, primarily for the National Highways Authority of India (NHAI). The company also provides skill development training under various central and state government schemes through partnerships with organisations such as NSDC and sector skill councils. These programs cover industries like healthcare, logistics, retail, electronics, and construction, aimed at improving employability among Indian youth.

Promoters of Innovision – Lt Col Randeep Hundal, and Uday Pal Singh

Innovision IPO Details

Innovision IPO Dates	10 – 12 March 2026
Innovision Issue Price	Coming soon
Fresh issue	INR 255 crore
Offer For Sale	12,38,000 shares
Total IPO size	Coming soon
Minimum bid (lot size)	Coming soon
Face Value	INR 10 per share
Retail Allocation	65%
Listing On	NSE, BSE

Innovision Financial Performance

	FY 2023	FY 2024	FY 2025	H1 FY 2026
Revenue	255.57	510.33	893.13	480.0
Expenses	247.32	501.16	856.90	459.53
Net income	8.88	10.27	29.02	20.00
Margin (%)	3.47	2.01	3.25	4.17

Figures in INR Crores unless specified otherwise

Innovision Offer News

Innovision Valuations & Margins

	FY 2023	FY 2024	FY 2025 (Pre Issue)	FY 2026 (Post-Issue)*
EPS	5.01	6.29	15.62	–
PE Ratio	–	–	–	–

* Calculated on the basis of annualized Profits After Tax for FY 2026

	FY 2023	FY 2024	FY 2025
RONW (%)	22.06	19.62	35.45
NAV	21.29	27.70	43.32
ROCE (%)	32.05	26.92	40.77
EBITDA (%)	6.40	3.85	5.79
Debt/Equity	0.83	0.92	0.97

*Compiled by IPO Central from Prospectus

Innovision IPO GMP Today (Daily Trend)

Innovision IPO Objectives

The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:

Funding working capital requirements of the company – INR 119 crore
Repayment and/ or pre-payment, in part or full, of certain borrowings availed by the company – INR 51 crore
General corporate purposes

Innovision IPO Subscription – Live Updates

Coming soon

() Shares allotted to anchor investors are not included in these calculations. Similarly, NA shares allotted to market makers, if any, are not part of these calculations.

Innovision – Comparison With Listed Peers

Company	PE ratio	EPS	RONW (%)	NAV	Revenue (Cr.)
Innovision	–	15.62	35.45	43.32	893.13
Krystal Integrated	13.47	44.61	14.30	312.92	1,2,12.78
Updater Services	8.62	17.70	12.33	144.07	2,736.06
SIS Limited	401.85	0.81	0.49	166.79	13,189.03

Innovision IPO Allotment Status

Innovision IPO allotment status will be available on the KFin Tech website. Click on this link to get the allotment status.

Innovision IPO Dates & Listing Performance

IPO Opening Date	10 March 2026
IPO Closing Date	12 March 2026
Finalization of Basis of Allotment	13 March 2026
Initiation of refunds	16 March 2026
Transfer of shares to demat accounts	16 March 2026
Innovision IPO Listing Date	17 March 2026
Opening Price on NSE	Coming soon
Closing Price on NSE	Coming soon

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Innovision Offer Lead Manager

EMKAY GLOBAL FINANCIAL SERVICES LIMITED
The Ruby, 7th Floor, Senapati Bapat Marg,
Dadar (West), Mumbai 400 028, Maharashtra
Phone: +91 22 6612 1212
Email: [email protected]
Website: www.emkayglobal.com

Innovision Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com

INNOVISION LIMITED
Plot 251, 1st Floor, Udyog Vihar
Phase-4, Gurgaon, Haryana – 122 015
Phone: +91 124 438 7354
Email: [email protected]
Website: www.innovision.co.in

Innovision IPO FAQs

How many shares in Innovision IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 1%, NII – 34%, and Retail – 65%.

How to apply for Innovision Public Offer?

The best way to apply for Innovision public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.