Innovision Ltd (MAINBOARD)

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Innovision

March 10, 2026 – March 12, 2026

Price ₹0 - ₹0
GMP Rumors * ₹0
Lot size 0
Issue size ₹0.00 cr
Allotment Mar 13, 2026
Listing Mar 17, 2026


Innovision About

IPO Details
Total Issue Size* shares (aggregating up to ₹* Cr)
Fresh Issue* shares (aggregating up to ₹255.00 Cr)
Offer For Sale1,238,000 shares (aggregating up to ₹* Cr)
Face Value₹10/- Per Share
Issue TypeBookbuilding IPO
Listing AtBSE , NSE
Share Holding Pre Issue18,900,000 shares
Share Holding Post Issue* shares
IPO Reservation
Investor CategoryShares Offered
QIB Shares OfferedNot more than 1% of the Net Offer
Retail Shares OfferedNot less than 65% of the Net Offer
NII Shares OfferedNot more than 34% of the Net Offer
Key Performance Indicators (KPI)
KPISep-25Mar-25Mar-24Mar-23
ROE19.55%35.45%19.62%22.06%
ROCE18.19%40.77%26.92%32.05%
EPS (BASIC)10.8215.626.295.01
Company Financial (In ₹Crore) 

Adding Soon.

Peer Comparison (Valuation)
CompanyP/E (x)Face value (₹)
Innovision Limited10.00
Krystal Integrated Services Limited13.4710.00
Updater Services Limited8.6210.00
SIS Limited401.855.00
Quess Corp limited63.3710.00
Highway Infrastructure Ltd15.155.00
SOURCE: RHP,P/E ratio for the listed industry peers has been computed based on the closing market price of equity shares as on January 28, 2026, on BSE Limited, divided by the diluted earnings per share for the Financial Year ended March 31, 2025.

Peer Comparison (Financial Performance)
CompanyNAV/Share (₹)RoNW (%)EPS (Basic) (₹)
Innovision Limited43.3235.4515.62
Krystal Integrated Services Limited312.9214.3044.61
Updater Services Limited144.0712.3317.70
SIS Limited166.790.490.81
Quess Corp limited72.924.233.07
Highway Infrastructure Ltd20.3719.033.40
About Company
Incorporated in 2007, Innovision Limited provides services in manpower deployment, toll plaza management, and skill development training. Its manpower services are organized into three primary segments:
  • Manned Private Security Services
  • Integrated Facility Management (IFM) Services
  • Manpower Sourcing and Payroll Management

In addition, the Company manages toll plaza operations and provides professional training programs for security personnel.

Innovision Limited is a workforce solutions and facility management company specializing in providing integrated services for businesses across India. The Company focuses on delivering comprehensive solutions for blue-collar workforce requirements, catering to clients ranging from small enterprises to large corporations across multiple industries. By supplying skilled manpower and operational support services, the Company aims to enhance workforce efficiency and operational performance for its clients.

The Company holds multiple international certifications, including ISO 9001:2008, ISO 27001:2013, ISO 8000:2014, ISO 14001:2015, ISO 18788:2018, and ISO 45001:2018, reflecting its adherence to quality management, security standards, environmental responsibility, and occupational safety practices.

Training & Client Base

Innovision also operates a training centre in Turkiawas, Rewari, Haryana, where it provides classroom and physical training programs for security personnel in accordance with the Private Security Agency Regulatory Act.

The Company’s client base includes organizations such as Max Healthcare Limited, Stellar Value Chain, and Sequel Logistics, among others, highlighting its presence across diverse sectors.

Strength

Diverse Manpower Service Portfolio: Provides a wide range of manpower services across multiple sectors, enabling customized solutions that support client acquisition, retention, and evolving business needs.

Scalable Systems & Processes: Standardized recruitment, training, and operational processes supported by data-driven performance monitoring help ensure service quality and enable scalable business operations.

Strong Recruitment Expertise: Backed by an in-house team of 100+ professionals and a large candidate database, with strong domain knowledge and labour law expertise, ensuring reliable and efficient staffing solutions.

Weakness

Debarment and Contract Compliance Risk: The Company has received debarment notices from certain clients and has challenged one such order in court. Any continued or future debarment may restrict participation in tenders and adversely impact revenue and reputation.

NHAI Debarment Impact: NHAI issued a debarment order in July 2025, which is currently stayed by the Delhi High Court. If the order continues or assumptions regarding its impact prove incorrect, it may affect business operations and the planned utilisation of IPO funds.

Promoter Expense Governance Risk: Certain personal expenses of the Promoter were charged to the Company’s corporate credit card in FY2025 and later adjusted. Recurrence of such instances may impact corporate governance and financial operations.

Innovision Lead Manager(s)

Innovision Address

Innovision Ltd. Address
1/209, First Floor,
Sadar Bazar,
Delhi Cantt,
Delhi, New Delhi, 110010
Phone: +91 011 208 9790
E-mail: cs@innovision.co.in
Website: https://www.innovision.co.in/

Innovision Registrar

Kfin Technologies Limited
Address: Kfin Technologies Limited KFintech, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Gachibowli, Hyderabad, Telangana India - 500 032.