DJI47,001.16+0.95%
GDAXI23,564.01+0.50%
GSPC6,707.29+1.13%
HSI25,834.02+1.45%
IXIC22,415.69+1.40%
N22553,751.15-0.13%
AAPL253.04+1.17%
AMZN211.09+1.65%
CL93.44-5.34%
EURUSD1.1523+0.88%
GBPUSD1.3332+0.82%
GC5,006.40-1.09%
GOOG303.92+0.81%
JPM286.03+0.91%
META626.18+2.12%
MSFT399.31+0.95%
NVDA184.51+2.36%
TSLA397.74+1.67%
DJI47,001.16+0.95%
GDAXI23,564.01+0.50%
GSPC6,707.29+1.13%
HSI25,834.02+1.45%
IXIC22,415.69+1.40%
N22553,751.15-0.13%
AAPL253.04+1.17%
AMZN211.09+1.65%
CL93.44-5.34%
EURUSD1.1523+0.88%
GBPUSD1.3332+0.82%
GC5,006.40-1.09%
GOOG303.92+0.81%
JPM286.03+0.91%
META626.18+2.12%
MSFT399.31+0.95%
NVDA184.51+2.36%
TSLA397.74+1.67%
DJI47,001.16+0.95%
GDAXI23,564.01+0.50%
GSPC6,707.29+1.13%
HSI25,834.02+1.45%
IXIC22,415.69+1.40%
N22553,751.15-0.13%
AAPL253.04+1.17%
AMZN211.09+1.65%
CL93.44-5.34%
EURUSD1.1523+0.88%
GBPUSD1.3332+0.82%
GC5,006.40-1.09%
GOOG303.92+0.81%
JPM286.03+0.91%
META626.18+2.12%
MSFT399.31+0.95%
NVDA184.51+2.36%
TSLA397.74+1.67%
LIVE
IND Livemint EN

Innovision IPO Day 4: Issue booked 30% so far, price band cut to ₹494-519 apiece. GMP trades flat. Apply or not?

The Innovision IPO is now set to close on March 17, with a revised price band of ₹494-519 per share. Subscription stands at 30%, with a strong response from QIBs. The company aims to raise ₹322.84 crore through the public offering.

Mar 13, 2026 &03091313202631; 03:09 UTC www.livemint.com Trending 3/5
Read original on www.livemint.com ↗
Neutral impact
Sentiment score: -15/100
Low impact Short-term (days)
WHAT THIS MEANS
Innovision IPO shows moderate subscription at 30% by Day 4 with a revised lower price band of ₹494-519, indicating lukewarm investor demand despite strong QIB participation. The flat GMP suggests market uncertainty about the issue's pricing and valuation.
AI CONFIDENCE
65% High
SENTIMENT GAUGE
NEWS POWER SCORE
AFFECTED ASSETS
INNOVISION
INNOVISIONStock
High volatility expected
IPO subscription at 30% with revised lower price band indicates weak retail demand; flat GMP suggests no clear directional bias
IT→.MI
IT→.MIIndex
High volatility expected
Indian IT sector IPO activity reflects broader market sentiment; moderate subscription may indicate cautious investor positioning
PRICE HISTORY
Loading chart...
SUGGESTED ACTION
Cautious approach recommended; the 30% subscription and flat GMP suggest limited upside potential. Wait for final subscription numbers and listing day performance before considering entry, as weak retail demand may lead to post-listing pressure.
KEY SIGNALS
IPO subscription at only 30% by Day 4 indicates weak retail investor interestPrice band reduction from original levels signals issuer/underwriter concern about demandStrong QIB participation but flat GMP shows institutional support without retail enthusiasmClosing on March 17 provides final 3 days for subscription momentum
SECTORS INVOLVED
Information TechnologyCapital Markets
Analysis generated on Mar 16, 2026 at 15:43 UTC
Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Livemint. Always conduct your own research and consult a qualified financial advisor before making investment decisions.