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Innovision Limited

Innovision Limited

Open Date

Mar 10, 2026

Close Date

Mar 17, 2026

listed

Min Investment

₹14,013

Lot Size

27 Shares

Issue Size

₹319.25 Cr

Price Range

₹494 - ₹494

Listing Date

Mar 23, 2026

IPO Doc

RHP PDF

About Innovision Limited

Incorporated in 2007, Innovision Limited is a company that provides Manpower Services, Toll Plaza Management, and Skill Development Training to its clients in India. It has 35 offices, including registered offices and corporate offices, in India. As of Jan 15, 2026, Innovision Limited has operations in 23 states and 5 union territories in India. Manpower Services has 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 has more than 180 clients in various sectors and has rendered its services to more than 1,000 client premises.The company serves customers in different sectors, including retail, healthcare, warehousing, logistics, and BFSI. Max Healthcare Limited, Stellar Value Chain, and Sequel Logistics are some of the customers of the company. Innovision Limited also provides physical and classroom training to security personnel under the Private Security Agency Regulatory Act, 2025, at its own training center at Turkiawas, Rewari, Haryana.

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Revenue Growth

Company Valuation

Earning Expansion

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0GMP

Innovision Limited IPO - Issue Objectives

The company will ₹51 crore for the repayment or part payment of outstanding borrowings. The company will use ₹119 crore for the working capital requirement of the business. Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Repayment of borrowing

20%

Working capital requirement

46.6%

General corporate purposes

33.3%

1

Repayment of borrowing

The company will ₹51 crore for the repayment or part payment of outstanding borrowings.

20.00%
2

Working capital requirement

The company will use ₹119 crore for the working capital requirement of the business.

46.60%
3

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

33.30%

IPO Subscription Status

Retails
0.41x
QIB
2.18x
NII
6.48x

Financials of Innovision Limited

In Cr.

Revenue: ₹483.10

EBITDA: ₹30.42

Profit: ₹20.00

Total Income
EBITDA
Total Profit
Negative Value
Key Performance Indicator30-Sep-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue483.10895.95512.13257.62
EBITDA30.4251.7519.6616.36
Expenses
Profit After Tax20.0029.0210.278.88
Assets271.66220.30157.05108.17
Net Worth102.3381.8852.3540.26
Reserves83.4362.9833.4538.91
Borrowing112.3979.0548.1533.34

Innovision Limited - Promoter(s)

Lt Col Randeep Hundal

Uday Pal Singh

Pre Issue Share Holding

100%

Post Issue Share Holding

74.99%

About Strength & Risks

Contact Details

Innovision Limited

1/209, First Floor, Sadar Bazar, Delhi Cantt, Delhi, New Delhi, 110010

Registrar Contact Details

Innovision Limited IPO - FAQs

Innovision Limited IPO is a Mainboard IPO. The issue is priced at 494-₹519. The minimum order quantity is 27 Shares. The IPO opens on 10 Mar, and closes on 17 Mar. Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

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