Innovision IPO Opens for Subscription
The Innovision IPO opened for public subscription on March 10, 2026, with a price band set between ₹521 and ₹548 per share. As of March 11, the IPO has been subscribed 12%, indicating a moderate level of interest from investors.
Subscription Breakdown
In the subscription breakdown, the Retail Individual Investors (RIIs) category has seen a booking of 6%, while the Qualified Institutional Buyers (QIBs) category has received a substantial 96% subscription. This disparity highlights a strong demand from institutional investors compared to retail participation.
Financial Goals and Lot Size
Innovision Ltd aims to raise ₹322.84 crore through this IPO, which is a significant milestone for the Gurgaon-based integrated facility management company. The lot size for the IPO is set at 27 shares, making it accessible for various investors looking to participate.
Current Grey Market Premium
As of today, the Innovision IPO GMP stands at ₹71 per share, suggesting positive sentiment in the grey market. This premium indicates that investors are anticipating a favorable listing price for the shares once they hit the market.
Estimated Listing Price
Based on the current GMP, the estimated listing price for Innovision shares is projected to be around ₹619 apiece. This figure reflects a potential gain for investors who secure shares at the IPO price.
Key Dates to Remember
The Innovision IPO will close for subscription on March 12, 2026, with the allotment date scheduled for March 13, 2026. Investors should note these dates to ensure they are informed about their potential share allocation.
Looking Ahead
As the IPO progresses, observers are keenly watching the subscription trends and overall market response. The final outcome will depend on the remaining days of the subscription period and the interest level from retail investors. Details remain unconfirmed.
