How to Check Innovision IPO Allotment Status

Incorporated in 2007, Innovision Limited provides manpower services, toll plaza management, and skill development training to clients across India. The company has 35 offices, including registered and corporate offices, across India. As of January 15, 2026, Innovision Limited operates in 23 states and 5 union territories of India.

Manpower Services comprises three operational segments: Manned Private Security Services, Integrated Facility Management (IFM) Services, and Manpower Sourcing and Payroll. As of January 15, 2026, the company served more than 180 clients across various sectors and rendered services to over 1,000 client premises.

The company serves customers across sectors including retail, healthcare, warehousing, logistics, and BFSI. Max Healthcare Limited, Stellar Value Chain, and Sequel Logistics are some of the customers. Innovision Limited also provides physical and classroom training to security personnel under the Private Security Agency Regulatory Act, 2025 at a training centre located at Turkiawas, Rewari, Haryana.

Innovision IPO is a book build issue of ₹322.84 crore, comprising a fresh issue of 0.47 crore shares aggregating to ₹255.00 crore and an offer for sale of 0.12 crore shares aggregating to ₹67.84 crore. The IPO opened on March 10, 2026, and closed on March 17, 2026. The allotment is expected on Friday, March 13, 2026. The share price band was set at ₹521 to ₹548 per share.

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Steps to Check Innovision IPO Allotment Status on Registrar Site

• Visit the BSE IPO Allotment Status Page Kfin Technologies Ltd. 
• Select "Innovision" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Innovision IPO Allotment Status on BSE/NSE

• Navigate to the BSE IPO Allotment Status Page, NSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Innovision" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Innovision IPO Subscription Status

Innovision IPO subscribed 3.46 times overall. Here is the category-wise breakdown as of 6:54:40 PM on March 17, 2026:

• QIB Category (Ex Anchor): 14.30 times
• Non-Institutional Investors (NII): 8.60 times
• Retail Investors: 0.60 times

Innovision IPO Share Price and Investment Details

The minimum investment required was ₹14,796 for 1 lot (27 shares). Given the overall subscription of 3.46 times with strong institutional interest at 14.30 times, healthy NII participation at 8.60 times, and modest retail subscription at 0.60 times, the share price listing expectations remain positive.

Utilisation of IPO Proceeds

The proceeds will be utilised for repayment or pre-payment, in part or full, of all or certain borrowings availed by the Company (₹51.00 crore), funding working capital requirements of the Company (₹119.00 crore), and general corporate purposes.

Business Overview

Innovision Limited is in the business of providing manpower services, toll plaza management, and skill development training. Toll Plaza Management has a lion's share in its revenue, followed by Manpower and Skill Development segments. The company marked growth in its top and bottom lines for the reported periods.

The company demonstrated financial performance with total income of ₹895.95 crore for FY2025 and a net worth of ₹102.33 crore as of September 30, 2025. The company benefits from a wide geographical reach and locations across India, a diverse portfolio of manpower services, established systems and processes leading to a scalable business model, an experienced management and operational team, and strong recruitment capability, domain knowledge, and knowledge of labour regulations. However, investors should note the post-issue P/E ratio of 32.26 and Price to Book Value of 12.65.