New Delhi, 10 March (H.S.): Inovision Technologies, a toll management and manpower services provider, launched its ₹322.84 crore initial public offering (IPO) Tuesday, open for subscription until March 12, with allotment slated for March 13, demat crediting on March 16, and BSE-NSE listing on March 17.Priced at ₹521-548 per share in 27-share lots, retail investors can bid minimally for one lot (₹14,796 investment), maximally for 13 lots (351 shares, ₹1,92,348).
The issue comprises 58,91,284 equity shares of ₹10 face value: 46,53,284 fresh shares (₹255 crore) and 12,38,000 offer-for-sale shares (₹68 crore). Reservations allocate 1% to QIBs, 35% to retail, and 34% to NIIs; MK Global Financial Services leads, KFin Technologies registers.
Financials in the DRHP reveal robust growth: net profit surged from ₹8.88 crore (FY23) to ₹10.27 crore (FY24), ₹29.02 crore (FY25), and ₹20 crore (H1 FY26 ending Sept 30, 2025). Revenue escalated from ₹257.62 crore (FY23) to ₹512.13 crore (FY24), ₹895.95 crore (FY25), and ₹483.10 crore (H1 FY26).
EBITDA climbed from ₹16.36 crore (FY23) to ₹19.66 crore (FY24), ₹51.75 crore (FY25), and ₹30.42 crore (H1 FY26). Reserves fluctuated to ₹83.43 crore (H1 FY26), though debt ballooned from ₹33.34 crore (FY23) to ₹112.39 crore (H1 FY26).
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Hindusthan Samachar / Jun Sarkar
