Innovision IPO Opens for Subscription
Innovision Ltd, a Gurgaon-based integrated facility management company, has opened its initial public offering (IPO) for public subscription on March 10, 2026. The IPO is set to close on March 12, 2026, with the company aiming to raise ₹322.84 crore from this offering. The price band for the IPO is established between ₹521 to ₹548 per share, with a lot size of 27 shares.
Current Subscription Status
As of March 11, 2026, the Innovision IPO has been subscribed at a rate of 12%. Within this, the Retail Individual Investors (RIIs) category has seen a subscription of 6%, while Qualified Institutional Buyers (QIBs) have shown a strong interest, with a subscription rate of 96%. This indicates a robust demand from institutional investors, which could positively influence the stock’s performance upon listing.
GMP and Expected Listing Price
Today, the Grey Market Premium (GMP) for the Innovision IPO stands at ₹71 per share. Based on this premium, the estimated listing price of the stock is projected to be around ₹619 apiece. This anticipated price reflects a positive outlook from market observers, suggesting confidence in the company’s future performance.
Upcoming Dates
The allotment date for the Innovision IPO is scheduled for March 13, 2026, with the listing date set for March 17, 2026. Investors are keenly awaiting these dates to see how the stock performs in the market.
The interest in Innovision’s IPO comes amid a broader trend of increasing activity in the Indian IPO market, with several companies looking to capitalize on favorable market conditions. The strong subscription rates from QIBs, in particular, highlight the confidence that institutional investors have in the company and its business model.
What Lies Ahead
As the IPO progresses, market participants will be closely monitoring the final subscription rates and the performance of the stock on its listing day. The current interest from institutional investors may set a positive tone for the stock’s debut, although details remain unconfirmed regarding the final allotment and market reactions.
