Innovision Limited To Launch ₹323-Crore IPO On March 10 With Price Band Of ₹521–548

IPO Opening Details  
Innovision Limited, a manpower and toll plaza management services provider, has announced its initial public offering worth ₹323 crore. The IPO will open for subscription on March 10 and close on March 12, 2026. Shares are expected to list on both the BSE and NSE on March 17.  

Key Highlights 

• IPO size fixed at ₹323 crore  
• Fresh issue component worth ₹255 crore  
• Offer-for-sale of 12.38 lakh shares valued at ₹68 crore  
• Price band set between ₹521–548 per share  
• Subscription window from March 10–12, 2026  
• Anchor investor portion to open on March 9, 2026  
• Lot size of 27 shares, minimum investment ₹14,796  
• Listing date confirmed for March 17, 2026  

Valuation And Strategic Importance  
At the upper end of the price band, Innovision’s valuation is estimated at nearly ₹1,300 crore. The IPO is expected to strengthen the company’s balance sheet, fund expansion projects, and provide liquidity to existing shareholders. Analysts highlight that the combination of fresh issue and OFS reflects both growth ambitions and promoter monetization.  

Market Context  
The IPO comes at a time when investor appetite for mid-sized service and infrastructure firms remains strong. Innovision’s focus on manpower services and toll plaza management positions it uniquely in India’s expanding infrastructure and services sector. The offering is expected to attract interest from institutional and retail investors alike.  

Sources: Reuters, Economic Times, Business Standard, CNBC TV18