Innovision Ltd IPO
- Status: Upcoming
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IPO Details
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IPO Timeline
Initial public offer of up to [*] equity shares of face value of Rs. 10 each (Equity Shares) of Innovision Limited (Company or Issuer) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (Offer Price) aggregating up to Rs. [*] crores (Offer) comprising a fresh issue of up to [*] equity shares of face value of Rs. 10 each aggregating up to Rs. 315.00 crores by the company (the Fresh Issue) and an offer for sale of up to 1,181,250 equity shares of face value of Rs. 10 each aggregating up to Rs. [*] crores by the promoter selling shareholders (Offer for Sale) comprising up to 590,625 equity shares of face value of Rs. 10 each aggregating up to Rs. [*] crores by LT Col Randeep Hundal and up to 590,625 equity shares of face value of Rs. 10 each aggregating up to Rs. [*] crores by Uday Pal Singh (collectively, the Promoter Selling Shareholders and such equity shares, the Offered Shares). The offer shall constitute [*] % of the post-offer paid-up share capital of the company. The face value of the equity shares is Rs. 10 each. The price band and the minimum bid lot size will be decided by the company.
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