INNOVISION LIMITED IPO

Innovision Limited operates in the business of providing manpower services, toll plaza management, and skill development training to clients across India. As of September 30, 2024, it has operations in 22 states and 3 union territories. The company commenced its business in 2007 with a single service domain, offering manned private security services, and has gradually diversified to provide a comprehensive suite of manpower services. Skill development services were introduced in Fiscal 2014, followed by toll plaza management services in Fiscal 2019. The company’s manpower services focus on manned private security, integrated facility management (IFM) services, manpower sourcing, and payroll services. Its toll plaza management operations include user fee collection and other related services at toll plazas awarded through a tender-based competitive bidding process by the relevant authorities. The company is also empaneled with NHAI for toll collection services at various toll plazas. In addition, the company also provides skill development training as a training partner for multiple Central and State Government schemes, offering Indian youth the opportunity to acquire industry-relevant skills that enhance their prospects for better livelihood. Through its wholly-owned subsidiary, Innovision International Private Limited (“Innovision International”), the company offers services related to recruitment, placement consultancy, and visa facilitation.