The much-anticipated Innovision Ltd IPO has now released key details on its price band, bidding window and listing schedule, giving investors clarity ahead of its debut on India’s stock exchanges. The IPO is being closely watched as one of the early mainboard issues in the Indian primary market calendar for March 2026.
According to official disclosures, the price band for the Innovision IPO has been fixed at ₹521 to ₹548 per equity share, with a face value of ₹10 each. This valuation places the company’s market capitalisation at approximately ₹1,240 crore based on the upper price range. Investors must bid for a minimum of 27 shares per lot, and bids must be placed in multiples of this lot size.
The IPO opens for subscription on March 10, 2026, and will remain open until March 12, 2026. Prior to the public offer, the company will hold an anchor book round on March 9 to secure commitments from institutional investors. Following the close of the subscription period, the basis of allotment is scheduled to be finalised on March 13, with refunds to unsuccessful applicants and credit of allotted shares to demat accounts expected on March 16. Innovision shares are then slated to start trading on both the BSE and NSE platforms on March 17, 2026.
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The issue comprises a fresh issue of ₹255 crore to fund working capital, debt repayment and general corporate purposes, along with an offer-for-sale (OFS) of 12.38 lakh shares by promoters Lt. Col. Randeep Hundal and Uday Pal Singh, aggregating roughly ₹65 crore at the top of the price band.
Innovision operates in the manpower services, toll plaza management and skill development segments, with an expanding footprint across multiple Indian states and Union Territories. The IPO is managed by Emkay Global Financial Services with KFin Technologies as the registrar, and attracted attention amid a broader resurgence of equity offerings in the Indian market following geopolitical and macroeconomic uncertainties.
Investors considering participation should note key timelines and lot sizes, and consult their brokers for application procedures through ASBA or UPI-linked IPO bidding systems, as the listing date approaches on March 17, 2026 — marking Innovision’s transition to a publicly traded company.
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