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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.
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
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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
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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
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⚡ 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
SECTORS INVOLVED
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.
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