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  1. Innovision IPO subscribed 2.67 times so far on Day 6: Check allotment date and steps

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Innovision IPO subscribed 2.67 times so far on Day 6: Check allotment date and steps

Kamal Joshi

3 min read | Updated on March 17, 2026, 13:40 IST

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SUMMARY

Innovision IPO: The initial public offering was set to conclude on March 12 but was extended till March 17 after a weak response from investors. The price band was also changed to ₹494 to ₹519 per share, which is lower than the earlier price range of ₹521 to ₹548 per share.

A lot of Innovision IPO consists of 27 shares. | Image: innovision.co.in

A lot of Innovision IPO consists of 27 shares. | Image: innovision.co.in

Innovision IPO: The initial public offering (IPO) of manpower and toll plaza management services provider Innovision Ltd has been subscribed 2.67 times so far Tuesday, March 17, the final day of bidding.

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It secured bids for 1,71,01,206 shares compared to 61,32,433 shares on offer, according to the NSE data until 1:40 pm.

The qualified institutional buyers' (QIBs') part was subscribed 12.90 times, while non-institutional investors booked their quota 6.62 times. The category reserved for retail investors was subscribed 45%.

The initial public offering was set to conclude on March 12 but was extended till March 17 after a weak response from investors. The price band was also changed to ₹494 to ₹519 per share, which is lower than the earlier price range of ₹521 to ₹548 per share.

The ₹305.76 crore IPO consists of a mix of ₹241.51 crore and an offer for sale (OFS) component of ₹64.25 crore by promoters Lt Col Randeep Hundal and Uday Pal Singh.

The funds raised will be utilised for debt clearance, working capital needs and general corporate purposes.

Innovision provides toll plaza management, skill development training and manpower services in 23 states and five union territories. It serves clients across sectors including warehousing, retail, healthcare, BFSI and logistics. Some of its clients include Sequel Logistics, Max Healthcare and Stellar Value Chain.

Innovision IPO allotment and listing date

The basis of allotment of the Innovision IPO is likely to be finalised on Wednesday, March 18. The listing on the NSE and the BSE will take place on Friday, March 20.

Steps to check Innovision IPO allotment status on NSE

How to check Innovision IPO allotment status on KFin Technologies

  • Head to KFin Technologies' allotment page: https://ipostatus.kfintech.com/
  • Choose 'Innovision Ltd' from the public issues
  • Identify yourself using IPO application number, PAN or Demat account number
  • Press the ‘Submit’ button

Innovision IPO GMP

According to investorgain.com and media reports, the unlisted shares of Innovision are trading at ₹545, reflecting a grey market premium (GMP) of 5.01% or ₹26 compared to the upper price band of ₹519.

Disclaimer: Grey Market Premium (GMP) is not regulated or recommended by the stock exchanges or SEBI. Upstox does not endorse or facilitate trading in the grey market. Investors are advised to conduct their own research or consult an expert before making any investment decisions.
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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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