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Innovision, a manpower and toll plaza management firm, files RHP for March 10 IPO launch
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Innovision IPO Launches March 10: Manpower & Toll Services Giant Seeks Rs 255 Cr
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Moneycontrol
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04-03-2026, 16:12
Innovision IPO Launches March 10: Manpower & Toll Services Giant Seeks Rs 255 Cr
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Manpower and toll plaza management provider Innovision to launch IPO on March 10, closing March 12.
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Fresh issue of Rs 255 crore and OFS by promoters Lt Col Randeep Hundal and Uday Pal Singh.
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Funds to repay borrowings (Rs 51 Cr) and meet working capital needs (Rs 119 Cr).
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Company reported Rs 29 crore profit on Rs 893.1 crore revenue in FY25, up 182.5% and 75% respectively.
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Operates in 23 states and 5 UTs, diversified from security to skill development and toll management.
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