I

Innovision Ltd.

ListedListed on 23 Mar 2026-10.2%

Price Range

₹494–519

Issue Size

₹ 318 Cr

Lot Size

27 Shares

Min. Investment

₹ 13,338

Financial Summary

(in crores)
ParticularsFY 2024-25FY 2023-24
Operating Revenue8,931.315,103.26
Other Income28.1518.01
Total Income8,959.465,121.27
Total Expenses8,441.924,924.67
Profit Before Tax390.48109.63
Total Profit291.65102.71

Subscription Details

3.32xTotal
Subscription
Retail
0.58x
NII - Small
0.00x
NII - Big
0.00x
QIB
13.75x
Employees
0.00x

IPO Timeline

IPO Offer Start

10 Mar 2026

IPO Offer Ends

17 Mar 2026

Listing Date

23 Mar 2026

Use of Proceeds

#PurposeAmount (₹ Cr)
1Repayment or pre-payment, in part or full, of all or certain borrowings availed by our Company510
2Funding working capital requirements of our Company 1,190
3General corporate purposes397.99

Promoters

LT Col Randeep HundalUday Pal Singh

Promoter Shareholding

Pre-IPO

100.00%

Promoter stake

Post-IPO

74.17%

Promoter stake

Offered to Public

61,32,433

shares

Post Share Capital

1,76,62,000

shares

About the Company

We are in the business of providing manpower services, toll plaza management and skill development training to our clients across India. As on June 30, 2024, we have our operations in 22 states and 5 union territories of India. We started our business with a single service domain of providing manned private security services to our clients in the year 2007 and have gradually diversified our business to provide a suite of manpower services. We commenced offering skill development services from Fiscal 2014 and toll plaza management services from Fiscal 2019.

Use of Proceeds

1. Repayment or pre-payment, in part or full, of all or certain borrowings availed by our Company 2. Funding working capital requirements of our Company; and 3. General corporate purposes.