Innovision Limited
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₹-92(-17.73%)
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Innovision Limited's achieved publicly listed status following its IPO debut on Mar 23, 2026 at the NSE, BSE platform. The offering successfully mobilized 58,91,284 Shares, with 46,53,284 Shares allocated to corporate growth initiatives and ₹64.00 Cr providing liquidity to existing shareholders.
Investment participation occurred within the established price band of ₹494 to ₹519, starting from minimum lots of 27 shares. The subscription window from Mar 10, 2026 through Mar 17, 2026 enabled investor participation across market segments.
Share allocation was completed on Mar 18, 2026, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2007, Innovision Limited is a workforce solutions and facility management company that provides services such as manpower deployment, toll plaza management, and skill development training across India. Its manpower services are mainly divided into three segments: manned private security services, integrated facility management (IFM) services, and manpower sourcing with payroll management. The company focuses on meeting the blue-collar workforce requirements of businesses ranging from small enterprises to large corporations by providing skilled manpower and operational support to improve efficiency and performance. Innovision also manages toll plaza operations and conducts professional training programs for security personnel through its training centre in Turkiawas, Rewari, Haryana, following the guidelines of the Private Security Agency Regulatory Act. The company holds several international certifications, including ISO 9001, ISO 27001, ISO 8000, ISO 14001, ISO 18788, and ISO 45001, reflecting its commitment to quality, security standards, environmental responsibility, and workplace safety, while its client base includes organizations such as Max Healthcare Limited, Stellar Value Chain, and Sequel Logistics.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Diverse Manpower Service Portfolio: The company offers a broad range of manpower solutions across multiple industries, allowing it to provide customized services that support client acquisition, strengthen retention, and address evolving workforce requirements.
- Scalable Systems & Processes: Well-structured recruitment, training, and operational frameworks, supported by data-driven performance monitoring, help maintain service quality while enabling efficient scaling of operations.
- Strong Recruitment Expertise: An experienced in-house team of over 100 professionals, supported by a large candidate database and strong labour law expertise, ensures reliable, efficient, and timely staffing solutions for clients.
- Debarment and Contract Compliance Risk: The Company has received debarment notices from certain clients and has challenged one such order in court. Any continued or future debarment could restrict participation in tenders and adversely affect revenue, operations, and reputation.
- NHAI Debarment Impact: A debarment order issued by NHAI in July 2025 has been stayed by the Delhi High Court. However, if the order is reinstated or related assumptions prove inaccurate, it may impact business operations and the planned utilization of IPO proceeds.
- Promoter Expense Governance Risk: Certain personal expenses of the Promoter were charged to the Company’s corporate credit card during FY2025 and later adjusted. Any recurrence of such instances may raise corporate governance concerns and affect financial management practices.
- Lt Col Randeep Hundal
- Uday Pal Singh
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