Innovision IPO

The Innovision IPO is a book-built issue of Rs 322.84 crore, comprising a fresh issue of 0.47 crore shares worth Rs 255 crore and an offer for sale of 0.12 crore shares worth Rs 67.84 crore, opening for subscription from Mar 10 to Mar 12, 2026, with allotment expected on Mar 13, 2026 and a tentative listing on BSE and NSE on Mar 17, 2026. The IPO’s price band is Rs 521 to Rs 548 per share, with a lot size of 27 shares, requiring a minimum retail investment of Rs 14,796, while sNII investors must apply for 14 lots (378 shares) amounting to Rs 2,07,144, and bNII investors for 68 lots (1,836 shares) amounting to Rs 10,06,128. Emkay Global Financial Services Ltd. is the lead manager, and Kfin Technologies Ltd. is the registrar for the issue.

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Innovision IPO Details

Check out the issue details for Innovision IPO as disclosed in SEBI.

Price Band

₹ 521 - 548

Issue Size

323.00 Cr.

Issue Type

Book Built

Open

2026-03-10

Close

2026-03-12

Listing Date

2026-03-17

Company Financials

You can get the following financial statements of Innovision as of now.

Innovision IPO Details

The details about the Innovision IPO are as follows:

  • The issue size of the IPO is Rs 322.84 Cr.
  • The price band for Innovision IPO is Rs 521 to Rs 548.
  • The shares of Innovision IPO will list on BSE and NSE.
  • The latest tentative GMP of Innovision IPO is Rs 71.
  • The shares of Innovision IPO are subscribed 0.16 Times.

 

Innovision IPO Valuation

The approximate valuation of Innovision IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 548
Existing Shares (Qty) 1.89 Cr
Fresh Issue Rs 255.00 Cr
Market Cap Rs 1290.72 Cr
EPS (FY25) Rs 15.62
PE Ratio 35.08x
Industry PE 100.49x

 

Innovision IPO Issue Size

Innovision IPO issue size is Rs 322.84 Cr.

Issue Amount
Fresh Issue Rs 255.00 Cr
Offer For Sale Rs 67.84 Cr

 

Innovision IPO Market Lot

An individual can apply for a minimum of 1 lot of 27 shares and a maximum of 13 lots (351 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 27 Rs 14,796
Retail Maximum 13 351 Rs 1,92,348

 

Innovision IPO Share Offer

The shares of Innovision IPO are subscribed 0.16 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 1%
Non-Institutional Not less than 34%
Retail Individual Not less than 65%

 

Innovision IPO GMP (Grey Market Premium)

As on GMP (Tentative)
12 March 2026 Rs 71

Innovision IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Innovision IPO Dates

Find below the dates for Innovision IPO

Schedule Date
Basis of Allotment 13 Mar 2026
Refunds 16 Mar 2026
Credit to Demat Account 16 Mar 2026
IPO Listing Date 17 Mar 2026

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 209.77 255.54 510.33 893
Total Expenditure 202.49 241.17 492.27 842.6
Operating Profit 7.28 14.37 18.06 50.4
Other Income 1.45 2.19 1.8 2.82
Interest 3.51 5.15 6.95 10.18
Depreciation 0.77 0.9 1.74 2.44
Exceptional Items 0 0 0 0
Profit Before Tax 4.46 10.51 11.17 40.6
Provision for Tax 0.4 2.3 -0.15 9.89
Net Profit 4.05 8.78 11.32 30.7
Adjusted EPS (Rs.) 0.21 0.43 0.6 1.62

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 1.35 1.35 18.9 18.9
Total Reserves 29.45 38.12 33.52 64.73
Borrowings 6.63 8.78 10.59 5.91
Other N/C liabilities 2.35 4.04 4.5 16.64
Current liabilities 53.88 56.19 91.18 127.39
Total Liabilities 93.65 108.48 158.69 233.58
Assets
Net Block 2.52 3.16 7.78 6.67
Capital WIP 0 0 0 0
Intangible WIP 0 0 0 0
Investments 0.01 0.02 0.02 0.03
Loans & Advances 13.55 11.6 23.56 35.34
Other N/C Assets 2.79 2.88 5.26 5.19
Current Assets 74.77 90.81 122.08 186.35
Total Assets 93.65 108.48 158.69 233.58
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 4.46 10.51 11.17 40.6
Adjustment 3.21 3.61 5.25 8
Changes in Assets & Liabilities -1.95 -10.77 -10.2 -70.6
Tax Paid -0.8 0.1 0 0
Operating Cash Flow 4.91 3.45 6.22 -22
Investing Cash Flow -2.84 0.86 -34.11 1.78
Financing Cash Flow -3.78 -3.83 8.99 22.99
Net Cash Flow -1.71 0.48 -18.9 2.77
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