Innovision IPO Day 5 Subscription Status: Issue Booked 0.90x As of March 16, 2026 at 12:34 PM
By HDFC SKY | Published at: Mar 16, 2026 01:41 PM IST
Innovision IPO records 0.90x subscription by Day 5 with strong QIB demand while retail participation remains subdued.
Mumbai, March 16: The ₹319.25 crore Innovision IPO was subscribed 0.90 times overall till Monday noon. The issue opened for subscription on March 10, 2026, and will close on March 17, 2026. The bookbuilding public issue comprises a fresh issue of shares worth ₹255 crore and an offer for sale aggregating ₹64.25 crore.
The price band for the issue has been fixed at ₹494 to ₹519 per share, while the minimum lot size for investors is 27 shares. The IPO is scheduled to list on the BSE and NSE, with the tentative listing date set for March 20, 2026.
Innovision IPO Day 5 Subscription Status
As of March 16, 2026 at 12:34 PM, the Innovision IPO was subscribed 0.90 times overall. Demand was driven primarily by qualified institutional buyers, while participation from retail investors remained comparatively muted.
Category-wise IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares Bid For | Amount (₹ Cr) |
| QIB (Ex Anchor) | 12.77 | 61,513 | 7,85,538 | 40.769 |
| NII | 1.74 | 20,91,440 | 36,43,461 | 189.096 |
| bNII (> ₹10L) | 2.42 | 13,94,498 | 33,78,483 | 175.343 |
| sNII (< ₹10L) | 0.38 | 6,96,942 | 2,64,978 | 13.752 |
| Retail | 0.27 | 39,98,341 | 10,89,261 | 56.533 |
| Total | 0.90 | 61,51,294 | 55,18,260 | 286.398 |
Day-wise Subscription Details
| Date | QIB (Ex Anchor) | NII | bNII (> ₹10L) | sNII (< ₹10L) | Retail | Total |
| Mar 10 (Day 1) | 1.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.02 |
| Mar 11 (Day 2) | 1.00 | 0.20 | 0.28 | 0.03 | 0.07 | 0.12 |
| Mar 12 (Day 3) | 1.03 | 0.38 | 0.41 | 0.32 | 0.29 | 0.33 |
| Mar 13 (Day 4) | 0.99 | 0.36 | 0.39 | 0.31 | 0.27 | 0.31 |
| Mar 16 (Day 5) | 12.77 | 1.74 | 2.42 | 0.38 | 0.27 | 0.90 |
Previous Day’s Subscription Summary
By the end of Day 4 on March 13, 2026, the Innovision IPO had been subscribed 0.31 times, with retail demand at 0.27x and NII participation at 0.36x. Institutional participation increased significantly on Day 5, lifting the overall subscription.
IPO Timeline
| Event | Date |
| IPO Open Date | March 10 2026 |
| IPO Close Date | March 17 2026 |
| Basis of Allotment | March 18 2026 |
| Initiation of Refunds | March 19 2026 |
| Credit of Shares | March 19 2026 |
| Listing Date | March 20 2026 |
Brief Overview Of The IPO
| Details | Information |
| Issue Size | ₹319.25 crore |
| Fresh Issue | ₹255 crore |
| Offer For Sale | ₹64.25 crore |
| Price Band | ₹494 – ₹519 per share |
| Lot Size | 27 shares |
| Listing Exchange | BSE, NSE |
| Lead Manager | Emkay Global Financial Services Ltd |
| Registrar | Kfin Technologies Ltd |
Innovision Limited, incorporated in 2007, provides manpower services, toll plaza management and skill development training across India. The company operates through segments including private security services, integrated facility management and manpower sourcing and payroll services.
Source: https://www.nseindia.com/market-data/issue-information?symbol=INNOVISION&series=EQ&type=Active
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