Innovision IPO
Innovision IPO — date, price band, GMP & allotment 2026
The Innovision Limited IPO is scheduled to open from March 6 to March 10, 2026. The company was founded in 2015 and operates in the technology and digital solutions sector, offering IT services, software development, and business process support. Innovision follows a service-based business model, providing customized solutions to enterprises. The company mainly has its presence across major Indian cities such as Mumbai, Bengaluru, and Delhi, serving corporate and government clients.
Stock price
Innovision is listed — here is the live share price.
Timetable
Key dates from opening to listing. Today is 11 September.
- Open 10 Mar 2026
- Close 17 Mar 2026
- Allotment 18 Mar 2026
- Refund/credit 19 Mar 2026
- Listing 23 Mar 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 10 to 17 Mar, 2026 |
|---|---|
| Price Band | ₹521 – ₹548 |
| Face Value | ₹10 |
| Lot Size | 27 Shares |
| Issue Size | ₹255 Cr |
| Sale Type | book build |
| Listing On | BSE, NSE |
| Registrar | KFin Technologies Limited |
| Min Investment | ₹ 14,796 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 27 shares at the ₹548 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 27 | ₹14,796 |
| Retail (max) | 13 | 351 | ₹1,92,348 |
| S-HNI (min) | 14 | 378 | ₹2,07,144 |
| S-HNI (max) | 67 | 1,809 | ₹9,91,332 |
| B-HNI (min) | 68 | 1,836 | ₹10,06,128 |
Three years of numbers
All figures in ₹ crore, as reported in the Innovision offer document.
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 483.10 | 895.95 | 512.13 |
| EBITDA | 30.42 | 51.75 | 19.66 |
| Net Profit | 20.00 | 29.02 | 10.27 |
| Debt | 112.39 | 79.05 | 48.15 |
| Assets | 271.66 | 220.30 | 157.05 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Innovision RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Innovision IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹15.36 |
| P/E Ratio (x) | 35.69 |
| Market Cap at Offer Price (₹ Cr) | ₹713.54 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹548 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹170.00 Cr of the issue is earmarked to named objects.
About the company
The company offers a range of products and services which may include engineering solutions, system integration and customised project execution depending on client requirements. Its business model is primarily based on delivering end-to-end solutions, from design and development to implementation and maintenance. Innovision caters to both institutional and industrial clients, ensuring consistent revenue through repeat orders and long-term contracts. By focusing on operational efficiency, quality standards and scalable solutions, the company aims to achieve sustainable growth and expand its market presence.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
+91 011 208 9790
The bankers & the filings
Who is running the book, and the documents this page is built from.
Innovision IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Emkay Global Financial Services
3 issues handled2 of their issues have listed so far, and 2 opened above the issue price (average +44%). That is too small a sample to read as a hit rate.
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Innovision?
The current Grey Market Premium is ₹-95, or -17% over the issue price.
What is the Innovision IPO price band?
₹521 to ₹548, on a face value of ₹10.
When is the allotment?
The basis of allotment is 18 March 2026, with listing on 23 March 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.