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Innovision IPO 2024: An Insightful Overview for Investors

PLEASE NOTE THAT THIS BLOG IS ABOUT AN UPCOMING IPO, SO THE DETAILS MAY CHANGE IN FUTURE, WE'LL BE UPDATING IT FREQUENTLY TO GIVE YOU THE MOST RECENT INFORMATION, BUT PLEASE DOUBLE CHECK THE INFORMATION PROVIDED TO AVOID MISTAKES WHILE MAKING DECISIONS!
⁓ TEAM FINOLOGIC

Innovision Ltd., a Hyderabad-based company specializing in manpower services, toll plaza management, and skill development training, is all set to launch its highly anticipated Initial Public Offering (IPO). The IPO, which aims to raise ₹315 crore, is poised to boost Innovision’s operational capabilities, expand its service offerings, and strengthen its financial health. Let’s dive into the details.

IPO Details

Detail Description
IPO Size ₹315 crore
Fresh Issue ₹315 crore
Offer for Sale 11.81 lakh shares
Face Value ₹10 per share
Lead Manager Emkay Global Financial Services

Reservation Details

Category Percentage of Shares Reserved
Qualified Institutional Buyers (QIBs) 75%
Non-Institutional Investors (NIIs) 15%
Retail Individual Investors (RIIs) 10%

Key Dates

Event Date
Filing of Draft Papers August 20, 2024
IPO Launch Date To be announced
Allotment Date To be announced
Listing Date To be announced

Financial Performance

Metric Value
Operating Revenue ₹510.3 crore
Net Profit ₹10.13 crore
EBITDA ₹17.86 crore
Profit Growth (YoY) 14.06%
Revenue Growth (YoY) Nearly 100%

Grey Market Premium (GMP)

Date GMP (INR)
October 2024 To be determined

IPO Prospectus

  • I.P.O. RHP: Coming Soon…
  • I.P.O. DRHP: Coming Soon…
  • Stay Connected With SEBI

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