Innovision Ltd - IPO

Innovision Ltd IPO Details

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. 255.00 crores by the company (the Fresh Issue) and an offer for sale of up to 1,771,874 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 885,937 equity shares of face value of Rs. 10 each aggregating up to Rs. [*] crores by LT Col Randeep Hundal and up to 885,937 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.

Objective of issue

Repayment or pre-payment in part or full of all or certain borrowings availed by the company. Funding working capital requirements of the company. General corporate purposes.

Innovision Ltd Contact Details

Innovision Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs@innovision.co.in

Website - www.innovision.co.in