Innovision IPO GMP, Open Date, Price Band, Issue Size

Innovision IPO GMP live will be available once the IPO is open for subscription. Innovision Limited files DRHP to SEBI for its upcoming IPO. This IPO's open date is expected to be in the last week of January 2025. This upcoming IPO is a book-built issue worth up to Rs 255 crore fresh issue equity shares and an offer for sale of up to 17.71 lakh equity shares.

Innovision IPO GMP Live

Innovision IPO GMP Live quotation is not yet available. You can check the latest GMP price online and reliable GMP once the subscription starts. If the subscription is oversubscribed, then Innovision IPO GMP will also rise.

Also Read | Anya Polytech IPO GMP Live, Open Date, Price, Allotment Status

Innovision IPO Open Date, Close Date

Innovision IPO's open date and close date are expected to be in the last week of January 2025. However, as of now, the open and close date has not yet been finalised.

Innovision IPO Price Band

Innovision IPO price band will be available soon. The minimum amount of investment for the retail category is to be around Rs 14,800, and for small NII, the minimum investment will be around Rs 2,07,200.

Innovision IPO Issue Size

Innovision's IPO issue size is worth up to Rs 255 crore of fresh issue equity shares and offers for sale of up to 17.71 lakh equity shares. The total number of equity shares and the exact amount that will be issued in the Innovision IPO has not yet been disclosed.

Innovision IPO Allotment Status

Innovision IPO allotment status will be available once the IPO is available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

Innovision IPO Listing Date

Innovision IPO's listing date will be available soon. The listing will be on BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.

Innovision IPO: Listing Date, Lot Size, Price Band

Innovision Limited: About the Company

Innovision Limited, established in 2007 headquater situated in New Delhi is one of a player in India's security and manpower industry. The company specialises in providing comprehensive security services, including manned guarding, integrated facility management, and manpower sourcing.

Innovision Limited have 18 years of experience and is recognised among the top 10 security manpower companies in India, serving a diverse clientele ranging from small enterprises to large corporations.

The company is committed to excellence, holding multiple ISO certifications and adhering to the Private Security Agencies (Regulation) Act, 2005 (PSARA).

Innovision Limited operates more than 55 offices all over India. Their focus on skilled manpower and advanced security solutions positions them as a trusted partner in safeguarding assets and personnel.

Innovision IPO Objectives

Innovision IPO's objective is to utilise the net proceeds for the repayment or prepayment of borrowings amounting to Rs 43 crores, funding the company's working capital requirements of Rs 127 crores, and rest into general corporate purposes.

Innovision IPO: Key Dates, Allotment, Listing Date

Innovision Financials

Innovision Limited posted revenue of Rs 510.33 crore and net profit of Rs 10.27 crore for the period ending on 31 Mar 2024. The company’s revenue increased by 99.68% and PAT rose by 15.65% between the FY ending on 31 March 2024 and 31 March 2023. 

Innovision IPO Subscription Details, IPO Reservation

Innovision IPO subscription details will be available soon. Innovision IPO reservation is as follows: not less than 75% of the offer is reserved for Qualified Institutional Buyers (QIBs), not more than 15% for Non-Institutional Investors (NIIs), and not more than 10% for retail investors is reserved.

Innovision IPO Lot Size Details

Innovision IPO lot size will be revealed soon. The minimum amount of investment for the retail category is to be around Rs 14,800, and for small NII, the minimum investment will be around Rs 2,07,200.

Innovision IPO Promoter Holdings

Innovision IPO promoters are LT Col Randeep Hundal And Uday Pal Singh. The promoters' shareholdings before the IPO were 99.99%; however, after the IPO, shareholdings will decline.

Innovision IPO Registrar

Innovision IPO registrar is Kfin Technologies Limited. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status.

Innovision IPO Lead Managers

Innovision's IPO lead manager is Emkay Global Financial Services Limited.

How to apply to Innovision IPO

Interested investors can apply to the Innovision IPO directly from the Bigul trading app by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Innovision IPO FAQ

1. What are the details of the Innovision IPO? 
Innovision IPO is a book-built issue worth up to Rs 255 crore fresh issue equity shares and an offer for sale of up to 17.71 lakh equity shares.

2. When will the Innovision IPO open and close? 
Innovision IPO's open date is expected to be the last week of January 2025. However, as of now, the open and close date has not yet been finalised.

3. What is Innovision IPO GMP?
Innovision IPO GMP quotation is not yet available. You can check the latest GMP price online and reliable GMP once the subscription starts. If the subscription is oversubscribed, then Innovision IPO GMP will also rise.

4. What are the details of the Innovision IPO reservation?
Innovision IPO subscription details will be available soon. Innovision IPO reservation is as follows: not less than 75% of the offer is reserved for Qualified Institutional Buyers (QIBs), not more than 15% for Non-Institutional Investors (NIIs), and not more than 10% for retail investors is reserved.

5. Write the details of the IPO Allotment Status.
Innovision IPO allotment status will be available once the IPO is available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and the lead managers for Innovision IPO?
Innovision IPO registrar is Kfin Technologies Limited. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status. The lead manager of Innovision IPO is Emkay Global Financial Services Limited.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?