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Innovision IPO Day 3 LIVE: Issue subscribed 12% so far. GMP hints 13% listing gain. Apply or avoid the last day?

Analysis of this story by livemint_markets · 12 Mar 2026, 9:46 AM IST (about 2 months ago)

NEUTRAL(85%)
hold
+13.6Capital Markets

AI Analysis

The broader Indian market has shown volatility recently, with significant daily swings in Sensex and Nifty. This mixed market sentiment can influence investor appetite for new IPOs, especially those with moderate subscription rates.

Trading Insight

Monitor overall market liquidity and investor sentiment towards primary markets; a cautious approach is warranted for IPOs with weak subscription figures.
Quick check: NIFTY neutral, SENSEX neutral.

Key Evidence

  • Innovision IPO is open for subscription from March 10-12, with shares priced between ₹521 and ₹548.
  • The issue has been subscribed only 12% by Day 3.
  • Grey Market Premium (GMP) suggests a 13% listing gain.
  • Shares are scheduled to be listed on BSE and NSE from March 17.
  • Risk flag: Low subscription rate on the final day of the IPO indicates weak institutional and retail demand.

Affected Stocks

Innovision
Mixed

Low subscription rate on final day despite positive GMP, indicating potential lukewarm investor interest.

Sources and updates

Original source: livemint_markets
Published: 12 Mar 2026, 9:46 AM IST
Last updated on Anadi News: 12 Mar 2026, 9:51 AM IST

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Innovision IPO Day 3 LIVE: Issue subscribed 12% so far. GMP hints 13% listing gain. Apply or avoid the last day? | Anadi Algo News