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Innovision IPO Subscription

Subscription Closed

Subscription Status  ·  Mar 10 – Mar 17, 2026  ·  ₹521–548

Healthy Subscription

Innovision IPO subscribed 3.46 times — as of Mar 17, 2026

The Innovision IPO subscription has recorded healthy investor demand with an overall subscription of 3.46× as of Mar 17, 2026, indicating that investors applied for 3.46 times the number of shares on offer. All investor categories — institutional, HNI, and retail — have participated actively, making this one of the closely watched IPO openings.

  • QIB (Qualified Institutional Buyers) subscribed 14.30× — heavyweight participation from mutual funds, foreign institutional investors (FIIs), and domestic banks. Strong QIB demand is widely regarded as one of the most reliable indicators of a successful listing.
  • HNI / NII category — Big NII (bids above ₹10 lakh) subscribed 10.29× and Small NII (below ₹10 lakh) subscribed 5.22×. High-net-worth investors are aggressively leveraging borrowed funds, signalling strong listing-gain expectations.
  • Retail investors subscribed 0.60× — below 1×; all retail applicants are likely to receive full allotment if they applied.
Total
3.46×
Oversubscribed
QIB
14.30×
Qualified Institutional
NII
8.60×
Non-Institutional
Retail
0.60×
Retail Individual

Live Subscription Data

As of March 17, 2026

Overall
3.46×
Category Shares Offered Shares Bid For Times Subscribed
QIB
Qualified Institutional Buyers
61,513 879,849
14.30×
NII
Non-Institutional Investors
2,091,440 17,982,270
8.60×
bNII
Bids above ₹10L
1,394,498 14,344,452
10.29×
sNII
Bids below ₹10L
696,942 3,637,818
5.22×
Retail
Retail Individual Investors
3,998,341 2,408,400
0.60×
Total
6,151,294 21,270,519
3.46×
Oversubscribed — 3.46× overall Allotment probability may be lower due to high demand

Day-wise Subscription Trend

How subscription built up across investor categories over time

Day-wise Subscription History

Snapshot of each day's bidding activity

Tue, Mar 17, 2026
3.46×
Category Offered Bid For Times
QIB 61,513 879,849 14.30×
NII 2,091,440 17,982,270 8.60×
bNII 1,394,498 14,344,452 10.29×
sNII 696,942 3,637,818 5.22×
Retail 3,998,341 2,408,400 0.60×
Total 6,151,294 21,270,519 3.46×
Mon, Mar 16, 2026
1.25×
Category Offered Bid For Times
QIB 61,513 804,978 13.09×
NII 2,091,440 5,712,552 2.73×
bNII 1,394,498 5,301,099 3.80×
sNII 696,942 411,453 0.59×
Retail 3,998,341 1,174,797 0.29×
Total 6,151,294 7,692,327 1.25×
Thu, Mar 12, 2026
0.31×
Category Offered Bid For Times
QIB 61,513 60,804 0.99×
NII 2,091,440 761,967 0.36×
bNII 1,394,498 547,749 0.39×
sNII 696,942 214,218 0.31×
Retail 3,998,341 1,085,643 0.27×
Total 6,151,294 1,908,414 0.31×
Wed, Mar 11, 2026
0.11×
Category Offered Bid For Times
QIB 58,913 58,914 1.00×
NII 2,003,037 352,026 0.18×
bNII 1,390,019 326,916 0.24×
sNII 667,483 21,357 0.03×
Retail 3,829,335 242,892 0.06×
Total 5,891,285 653,832 0.11×
Tue, Mar 10, 2026
0.02×
Category Offered Bid For Times
QIB 61,323 58,914 0.96×
NII 2,085,028 1,134
bNII 1,390,019
sNII 695,009 1,134
Retail 3,829,335 44,901 0.01×
Total 5,975,686 104,949 0.02×

Frequently Asked Questions

What is the current subscription status of Innovision IPO?

As of March 17, 2026, the Innovision IPO has been subscribed 3.46 times overall. The IPO is fully subscribed.

When was the Innovision IPO subscription window open?

The Innovision IPO subscription window was open from March 10, 2026 to March 17, 2026. Investors could apply through their demat account or ASBA facility.

What is the price band and minimum investment for Innovision IPO?

The Innovision IPO has a price band of ₹521 to ₹548 per share, with a lot size of 27 shares. Minimum retail investment: ₹14,067 (lower band) or ₹14,796 (upper band).

What is the QIB subscription for Innovision IPO?

The QIB category has been subscribed 14.30 times. QIBs were offered 61,513 shares. Strong QIB subscription indicates high institutional confidence.

What is the Retail subscription for Innovision IPO?

Retail investors subscribed 0.60 times. Retail was offered 3,998,341 shares. Below 1× indicates moderate retail interest.

What is the NII subscription for Innovision IPO?

Overall NII: 8.60×. bNII (>₹10L): 10.29×, sNII (<₹10L): 5.22×. NII includes HNIs and corporate entities investing above ₹2 lakh.

How can I check my Innovision IPO allotment status?

Basis of allotment is on March 18, 2026. Check via the registrar's website — KFin Technologies Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.

When will Innovision IPO be listed?

Innovision IPO is expected to list on March 20, 2026. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.

What does 3.46× subscription mean for Innovision IPO?

A subscription multiple of 3.46× means investors have bid for 3.46 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares — allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.

What is the allotment probability for Innovision IPO retail investors?

Based on the current retail subscription of 0.60×, the estimated allotment probability for retail investors is High. Applicants likely to get full allotment. If final subscription stays below 1×, all applicants are likely to get full allotment.

How to apply for Innovision IPO?

You can apply for Innovision IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Mar 10 to Mar 17, 2026.

What is the grey market premium (GMP) for Innovision IPO?

The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Innovision IPO GMP data, check the IPO Rise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price — use it only as a sentiment signal alongside official subscription data.

About Innovision IPO Subscription Data

The Innovision IPO subscription tracks how many times each investor category has subscribed relative to their reserved quota. As of Mar 17, 2026, the overall subscription stands at 3.46× — Oversubscribed.

QIB (Qualified Institutional Buyers)

QIBs include domestic mutual funds, FIIs/FPIs, banks, insurance companies, and SEBI-registered venture capital funds. They are allocated up to 50% of the net offer (75% for SME IPOs). For Innovision IPO, QIB subscription is at 14.30×. High QIB subscription signals strong institutional conviction and is considered a positive indicator for post-listing performance.

NII (Non-Institutional Investors / HNI)

NIIs are high-net-worth individuals (HNIs) and corporate bodies applying for more than ₹2 lakh. SEBI further divides this into bNII (bids above ₹10 lakh) and sNII (bids between ₹2–10 lakh), each with a separate allotment bucket. For Innovision IPO: bNII at 10.29×, sNII at 5.22×. Very high NII subscription (>50×) often signals leveraged HNI bidding, suggesting a strong listing expectation.

Retail Individual Investors

Retail investors apply for up to ₹2 lakh. They are reserved 35% of the net offer (in most mainboard IPOs). If oversubscribed, allotment is via computerised lottery — each applicant (regardless of lot count) has an equal probability. Innovision IPO retail subscription: 0.60×.

Investment Details

Price band: ₹521–₹548 per share. Lot size: 27 shares. Minimum retail investment at upper band: ₹14,796. Applications must be in multiples of 27 shares.

How Subscription Data is Reported

Stock exchanges (BSE/NSE) publish subscription data multiple times a day during the subscription window. The figures shown here represent the latest available snapshot. "Shares Offered" is the quota reserved for each category; "Shares Bid For" is the total demand received; "Times Subscribed" is the ratio of demand to supply.

IPO Details

Open Date
Mar 10, 2026
Close Date
Mar 17, 2026
Allotment
Mar 18, 2026
Listing Date
Mar 20, 2026
Price Band
₹521 – ₹548
Lot Size
27 shares
Min. Investment
₹14,796
Exchange
NSE,BSE
Registrar
KFin Technologies Limited
View Full IPO Details

What Happens Next

  1. Subscription Opens Done

    Mar 10, 2026
  2. Subscription Closes Done

    Mar 17, 2026
  3. Basis of Allotment Done

    Mar 18, 2026
  4. Listing on NSE,BSE Done

    Mar 20, 2026

Allotment Probability

High

Applicants likely to get full allotment. Based on retail subscription of 0.60×.

Share Allocation

QIB 1%
NII 34%
Retail 65%
Total Shares 6,151,294

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Subscription Guide

≥ 10× Heavily Oversubscribed
1× – 10× Subscribed / Oversubscribed
0.5× – 1× Partially Subscribed
< 0.5× Under-subscribed

Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.