Innovision IPO opens March 10: Check price band, lot size, objectives, key dates and more

Innovision IPO: The initial public offering of manpower and toll plaza management services provider Innovision Ltd will open for subscription on March 10. The issue will conclude on March 12. The price band has been fixed at ₹521 to ₹548 per share.

The ₹322.84 crore initial share sale consists of a fresh issuance of shares valued at ₹255 crore and an offer for sale (OFS) component of ₹67.84 crore by promoters Lt Col Randeep Hundal and Uday Pal Singh.

The fresh issue proceeds will be utilised for the repayment of certain outstanding borrowings, funding working capital requirements and corporate general purposes.

"The fresh offer will enable us to augment our net worth, which will enable us to bid for more and higher APC toll management and also more skill development projects. Also, the offer is being undertaken to achieve the benefit of listing of the equity shares on the stock exchanges, enhancement of our company’s visibility and brand name amongst our existing and potential customers and creation of a public market for the equity shares in India," the firm said in its red herring prospectus (RHP).

Innovision IPO: Lot size

A lot consists of 27 shares and multiples thereof. The firm has reserved 65% of the net offer for retail investors, 34% for non-institutional investors (NIIs) and 1% for qualified institutional buyers (QIBs).

Innovision IPO: Allotment and listing date

Emkay Global Financial Services is the issue's book-running lead manager, while KFin Technologies is the registrar.

Innovision provides manpower services, toll plaza management and skill development training to its clients across India. As of January 15, 2026, it has operations in 23 states and 5 union territories.