{"id":537,"date":"2026-03-05T07:40:03","date_gmt":"2026-03-05T07:40:03","guid":{"rendered":"https:\/\/www.bullscreen.in\/news\/?p=537"},"modified":"2026-03-25T12:30:14","modified_gmt":"2026-03-25T12:30:14","slug":"innovision-ipo-march-10-price-band-lot-size-dates","status":"publish","type":"post","link":"https:\/\/www.bullscreen.in\/news\/innovision-ipo-march-10-price-band-lot-size-dates\/","title":{"rendered":"Innovision IPO to Open on March 10: Price Band, Lot Size, Key Dates and What Investors Should Know"},"content":{"rendered":"\n<p>The initial public offering (IPO) of <strong>Innovision Limited<\/strong>, a company providing manpower services and toll plaza management solutions, will open for subscription on <strong>March 10, 2026<\/strong>. Investors will be able to bid for the issue until <strong>March 12, 2026<\/strong>.<\/p>\n\n\n\n<p>The company aims to raise <strong>\u20b9322.84 crore<\/strong> through the public offering. The price band for the IPO has been fixed at <strong>\u20b9521 to \u20b9548 per share<\/strong>.<\/p>\n\n\n\n<p><em>You might like: <a href=\"https:\/\/www.bullscreen.in\/news\/rajputana-stainless-ipo-gmp-price-band-details\/\" title=\"\">Rajputana Stainless IPO Opens: GMP, Price Band, Lot Size, Risks &amp; Key Details<\/a><\/em><\/p>\n\n\n\n<div class=\"bs-widget-title one\"><h2 class=\"wp-block-heading\"><span><i class=\"fas fa-arrow-right\"><\/i><\/span>Issue Structure <\/h2><div class=\"border-line\"><\/div><\/div>\n\n\n\n<p>The IPO includes two parts:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Fresh issue:<\/strong> Shares worth <strong>\u20b9255 crore<\/strong><\/li>\n\n\n\n<li><strong>Offer for Sale (OFS):<\/strong> Shares worth <strong>\u20b967.84 crore<\/strong> by promoters <strong>Lt Col Randeep Hundal<\/strong> and <strong>Uday Pal Singh<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p>Funds raised through the fresh issue will mainly be used for:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Repayment of certain outstanding borrowings<\/li>\n\n\n\n<li>Meeting working capital requirements<\/li>\n\n\n\n<li>General corporate purposes<\/li>\n<\/ul>\n\n\n\n<p>According to the company\u2019s red herring prospectus (RHP), the listing will also help strengthen its balance sheet and improve its ability to bid for larger toll management and skill development projects.<\/p>\n\n\n\n<div class=\"bs-widget-title one\"><h2 class=\"wp-block-heading\"><span><i class=\"fas fa-arrow-right\"><\/i><\/span>Innovision IPO Lot Size <\/h2><div class=\"border-line\"><\/div><\/div>\n\n\n\n<p>Investors can apply for the IPO in lots of <strong>27 shares<\/strong> and multiples thereafter.<\/p>\n\n\n\n<p>The company has allocated the issue in the following manner:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>65%<\/strong> for retail investors<\/li>\n\n\n\n<li><strong>34%<\/strong> for non-institutional investors (NIIs)<\/li>\n\n\n\n<li><strong>1%<\/strong> for qualified institutional buyers (QIBs)<\/li>\n<\/ul>\n\n\n\n<div class=\"bs-widget-title one\"><h2 class=\"wp-block-heading\"><span><i class=\"fas fa-arrow-right\"><\/i><\/span>Key Dates for Innovision IPO <\/h2><div class=\"border-line\"><\/div><\/div>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Event<\/th><th>Date<\/th><\/tr><\/thead><tbody><tr><td>IPO subscription opens<\/td><td>March 10, 2026<\/td><\/tr><tr><td>IPO subscription closes<\/td><td>March 12, 2026<\/td><\/tr><tr><td>Basis of allotment<\/td><td>March 13, 2026<\/td><\/tr><tr><td>Refunds initiation<\/td><td>March 16, 2026<\/td><\/tr><tr><td>Shares credited to demat<\/td><td>March 16, 2026<\/td><\/tr><tr><td>Expected listing date<\/td><td>March 17, 2026<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"bs-widget-title one\"><h2 class=\"wp-block-heading\"><span><i class=\"fas fa-arrow-right\"><\/i><\/span>Lead Managers and Registrar <\/h2><div class=\"border-line\"><\/div><\/div>\n\n\n\n<p>The IPO is being managed by <strong>Emkay Global Financial Services<\/strong> as the book-running lead manager, while <strong>KFin Technologies Limited<\/strong> will act as the registrar for the issue.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full has-custom-border\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"407\" src=\"https:\/\/www.bullscreen.in\/news\/wp-content\/uploads\/2026\/03\/Innovision-Limited1.jpg\" alt=\"Innovision Limited\" class=\"wp-image-540\" style=\"border-top-left-radius:10px;border-top-right-radius:10px;border-bottom-left-radius:10px;border-bottom-right-radius:10px\" srcset=\"https:\/\/www.bullscreen.in\/news\/wp-content\/uploads\/2026\/03\/Innovision-Limited1.jpg 600w, https:\/\/www.bullscreen.in\/news\/wp-content\/uploads\/2026\/03\/Innovision-Limited1-300x204.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<div class=\"bs-widget-title one\"><h2 class=\"wp-block-heading\"><span><i class=\"fas fa-arrow-right\"><\/i><\/span>About the Company <\/h2><div class=\"border-line\"><\/div><\/div>\n\n\n\n<p><strong><a href=\"https:\/\/www.innovision.co.in\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Innovision Limited<\/a><\/strong> offers manpower services, toll plaza management and skill development training across India. The company has built a wide presence in the country. As of <strong>January 15, 2026<\/strong>, Innovision operates in <strong>23 states and 5 union territories<\/strong>.<\/p>\n\n\n\n<p>With the planned IPO and stock market listing, the company hopes to increase its visibility, strengthen its brand and create a public market for its shares.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The initial public offering (IPO) of Innovision Limited, a company providing manpower services and toll&#8230;<\/p>\n","protected":false},"author":2,"featured_media":538,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[171],"tags":[],"class_list":["post-537","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/comments?post=537"}],"version-history":[{"count":3,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/537\/revisions"}],"predecessor-version":[{"id":573,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/537\/revisions\/573"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/media\/538"}],"wp:attachment":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/media?parent=537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/categories?post=537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/tags?post=537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}