Bookbuilding IPO | ₹2,000 Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Innovatiview India Ltd. on August 14, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Innovatiview India Ltd. IPO is a Book Build Issue of ₹2,000.00 crores consisting entirely of an offer for sale.
The equity shares are proposed to be listed on NSE and BSE. Dam Capital Advisors Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Innovatiview IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | |
| Lot Size | |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹2,000 Cr) |
| Offer for Sale | [.] shares of ₹5 (agg. up to ₹2,000 Cr) |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Feb 17, 2025 |
| SEBI/Exchange approval received | Thu, Aug 14, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15.00% of the Net Issue |
Incorporated in October 2017, Innovatiview India Limited provides automated security and surveillance solutions for examinations, elections, and large events across India. As of September 30, 2024, the company holds 73.7% of the market share, making it the largest in examining integrated security solutions in fiscal 2024.
The company's services include providing security and surveillance solutions for elections and large-scale events. In addition, the company provides information technology ("IT") equipment rental services. The portfolio of services includes end-to-end system integration solutions across diverse business verticals, with a significant focus on building security, surveillance and information systems.
In the six months that ended September 30, 2024, the company served over 72 clients through its diversified security and surveillance solutions and has secured over 1,409 examinations across India.
Innovatiview India Limited is the first company in India to introduce an artificial intelligence-based, high-speed, and accurate touchless biometric verification solution for impersonation control in examinations. The company's clients include central and state Government agencies and private players such as the National Testing Agency, Union Public Service Commission, Haryana Public Service Commission, Maharashtra Public Service Commission and Bihar Staff Selection Commission.
As of September 30, 2024, The company provides security and surveillance services by utilizing its equipment alongside manpower and resources acquired from a vast network of over 5,100 vendor firms.
In May 2024, the company offered security for a shift examination, covering about 2.4 million candidates in 4,736 centres across 28 states and nine Union Territories in India, all in one day.
As of September 2024, the company had 554 employees on its payroll.
Competitive Strength
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 925.28 | 655.02 | 367.29 | 212.85 |
| Total Income | 493.08 | 646.95 | 382.65 | 238.76 |
| Profit After Tax | 131.01 | 196.72 | 114.56 | 56.18 |
| NET Worth | 500.64 | 369.79 | 172.00 | 62.01 |
| Total Borrowing | 217.07 | 95.03 | 96.95 | 66.78 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 52.82% |
| ROCE | 58.94% |
| Debt/Equity | 0.24 |
| RoNW | 53.20% |
| PAT Margin | 30.41% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Innovatiview IPO is a main-board IPO of 0 equity shares of the face value of ₹5 aggregating up to ₹2,000 Crores. The issue is priced at To be declared. The minimum order quantity is .
The Innovatiview IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Innovatiview IPO using UPI as a payment gateway. Zerodha customers can apply in Innovatiview IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Innovatiview IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Innovatiview IPO dates are not announced. Please check back again after some time.
Innovatiview IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Innovatiview IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Innovatiview IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Innovatiview IPO allotment status.
The Innovatiview IPO listing date is not yet announced. The tentative date of listing is .
