Innovision IPO Day 5 Subscription Status: Subscribed 1.25x So Far
By HDFC SKY | Published at: Mar 16, 2026 05:17 PM IST
Innovision IPO sees 1.25x subscription by Day 5, driven by strong QIB demand while retail participation remains muted as of March 16, 2026.
Mumbai, March 16: The ₹319.25 crore Innovision IPO was subscribed 1.25 times on Monday. The issue opened for subscription on March 10, 2026 and will close on March 17, 2026. The public issue is priced in a band of ₹494 to ₹519 per share and comprises a fresh issue of shares aggregating to ₹255 crore along with an offer for sale worth ₹64.25 crore.
As of Day 5 of bidding, the issue has seen strong participation from qualified institutional buyers while retail demand remains comparatively subdued.
Innovision IPO Day 5 Subscription Status
The Innovision IPO was subscribed 1.25 times as of 4:54 PM on March 16, 2026 (Day 5).
Category-wise IPO Subscription Status
| Category | Subscription (x) | Shares Offered | Shares Bid For |
| QIB (Ex Anchor) | 13.09x | 61,513 | 8,04,978 |
| NII (HNI) | 2.73x | 20,91,440 | 57,08,259 |
| bNII (> ₹10L) | 3.80x | 13,94,498 | 52,97,211 |
| sNII (< ₹10L) | 0.59x | 6,96,942 | 4,11,048 |
| Retail | 0.29x | 39,98,341 | 11,72,610 |
| Total | 1.25x | 61,51,294 | 76,85,847 |
Previous Day’s Subscription Summary
On March 13, 2026 (Day 4), the Innovision IPO had been subscribed 0.31 times overall.
| Category | Subscription (x) |
| QIB | 0.99x |
| NII | 0.36x |
| Retail | 0.27x |
| Total | 0.31x |
IPO Timeline
| Event | Date |
| Issue Open Date | March 10, 2026 |
| Issue 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
| Detail | Information |
| Issue Size | ₹319.25 crore |
| Fresh Issue | 0.49 crore shares (₹255 crore) |
| Offer For Sale | 0.12 crore shares (₹64.25 crore) |
| Price Band | ₹494 to ₹519 per share |
| Lot Size | 27 shares |
| Listing Exchange | BSE, NSE |
Innovision Limited, incorporated in 2007, provides manpower services, toll plaza management and skill development training across India. The company operates through three primary segments: manned private security services, integrated facility management services and manpower sourcing with payroll solutions. It serves clients across sectors including retail, healthcare, logistics, warehousing and BFSI.
Source: https://www.nseindia.com/market-data/issue-information?symbol=INNOVISION&series=EQ&type=Active
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