March, 05 2026 Thursday 15:01 Hrs
Last update 11-9-2025
  • SENSEX :   79,915.98

  • Commodity broking firm in India799.79( 1.01%) 05-Mar-2026

IPO Synopsis

Innovision Ltd
Initial public offer of up to 5891285 equity shares of face value of Rs. 10 each ("Equity Shares") of Innovision Limited ("Company" or "Issuer") for cash at a price of Rs. 548 per equity share (Including a Share Premium of Rs. 538 Per Equity Share) ("Offer Price") aggregating up to Rs. 322.84 crores ("Offer") comprising a fresh issue of up to 4653285 equity shares of face value of Rs.10 each aggregating up to Rs. 255.00 crores by the company (the "Fresh Issue") and an offer for sale of up to 12,38,000 equity shares of face value of Rs. 10 each aggregating up to Rs.67.84 crores by the promoter selling shareholders ("Offer for Sale") comprising up to 619,000 equity shares of face value of Rs. 10 each aggregating up to Rs. 33.92 crores by LT Col Randeep Hundal and up to 619,000 equity shares of face value of Rs. 10 each aggregating up to Rs. 33.92 crores by Uday Pal Singh (Collectively, the "Promoter Selling Shareholders" and such equity shares, the "Offered Shares"). The offer shall constitute [*] % of the post-offer paid-up share capital of the company. Price Band: Rs. 521 to Rs. 548 per equity share of face value of Rs. 10/- each. The floor price is 52.10 times the face value of the equity shares and the cap price is 54.80 times the face value of the equity shares. Bids can be made for a minimum of 27 equity shares and in multiples of 27 equity shares thereafter. .
Issue
Opens On Closes On
10-Mar-26 12-Mar-26
Money Payable On
Application Allotment
521.00 0.00
Minimum Application for shares in Nos : 27 Further Multiples of : 27
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Emkay Global Financial Services Ltd
Project Financed through Current Offer (.Cr) 319.50  
Post Issue Equity Share Capital (.Cr) 24.79
Issue Price () 521.00
Projects
Repayment or pre-payment in part or full of all or certain borrowings availed by the company
Funding working capital requirements of the company
General corporate purposes
Promoted By
LT Col Randeep Hundal
Uday Pal Singh
Listing At
BSE
NSE
Registrar to the Issue
KFin Techologies Ltd
Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.