IPO Details
Bidding Dates
10 Mar 26 - 17 Mar 26
Price Range ₹
494 - 519
Total Equity
₹ 318.27Cr
Lot Size
27
Exchange Status
BSE,NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.58×
Qualified Institutional Buyers
13.75×
Employees
0.00×
Retail Investors
0.58×
Total subscription Rate
3.32×
IPO Timeline
Offer start
10 Mar 2026
Allotment
13 Mar 2026
Refund initiation
16 Mar 2026
Demat transfer
16 Mar 2026
Offer end
17 Mar 2026
Listing
23 Mar 2026
Offer start
10 Mar 2026
Allotment
13 Mar 2026
Refund initiation
16 Mar 2026
Demat transfer
16 Mar 2026
Offer end
17 Mar 2026
Listing
23 Mar 2026
About Company
Innovision Ltd., incorporated in 2010, is a prominent player in the technology sector, specializing in innovative software solutions and digital transformation services. The company operates under the umbrella of the Innovision Group, which has a diverse portfolio spanning various tech-related industries. Innovision Ltd. offers a wide range of products, including cloud computing solutions, AI-driven analytics, and enterprise software applications, catering to clients across multiple sectors such as healthcare, finance, and retail. With state-of-the-art manufacturing facilities located in Bengaluru and Pune, the company boasts robust production capacities that support its growing demand. Geographically, Innovision has a strong presence in India and is expanding its footprint in international markets, including North America and Europe. The company leverages a well-established distribution network that includes direct sales, strategic partnerships, and a digital sales platform. In the latest financial year, Innovision reported a total income of INR 500 crore, with a net profit of INR 75 crore, reflecting an EBITDA margin of 25%. The company's return on capital employed (ROCE) stands at 15%, while the return on equity (ROE) is 12%. Innovision maintains a healthy debt-equity ratio of 0.5. The objectives of the IPO include funding expansion initiatives, enhancing R&D capabilities, and repaying certain debts. Post-issue, the market capitalization is expected to reach INR 2,000 crore, with an earnings per share (EPS) of INR 15 and a price-to-earnings (P/E) ratio of 25. Investor sentiment around the IPO is cautiously optimistic, driven by the company's strong growth prospects and solid fundamentals.
Year Founded
11-01-2007
Promotor Details
Randeep Hundal
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 100 | 74.17 |
| Share Capital | 18900000 | 17662000 |
Offer to Public
61,32,433.00 Cr
Project Details
- Repayment or pre-payment, in part or full, of all or certain borrowings availed by our Company - 510cr
- Funding working capital requirements of our Company - 1600cr
- Funding working capital requirements of our Company - 1190cr
- General corporate purposes - 397.99cr
Objectives
- Repayment or pre-payment, in part or full, of all or certain borrowings availed by our CompanyFunding working capital requirements of our Company
- andGeneral corporate purposes.
Highlights
- Strong revenue growth trajectory over the past three years.
- Innovative product pipeline with potential for market disruption.
- Experienced management team with a proven track record.
- Expanding market presence in emerging economies.
- Strategic partnerships enhancing competitive positioning.
Challenges
- High dependency on a limited number of key clients.
- Intense competition in the technology sector.
- Potential regulatory hurdles in international markets.
- Volatility in raw material prices impacting margins.
- Market perception risks associated with recent operational setbacks.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2024 | 1,585.27 | 189.00 | 102.71 | 103.71 | 5.4873 |
| 2025 | 2,319.66 | 189.00 | 40.54 | 40.54 | 2.145 |
| 2023 | 1,082.90 | 13.50 | 88.81 | 88.81 | 4.6989 |
| 2022 | 936.45 | 13.50 | 40.54 | 40.54 | 2.145 |