Innovision Ltd Company Summary

Innovision Limited was incorporated as SRT Innovision Services Private Limited as a Private Limited Company pursuant to a Certificate of Incorporation dated January 11, 2007, issued by Registrar of Companies, Delhi and Haryana. The status converted into a Public Limited Company and the Company name was changed to, SRT Innovision Services Limited dated December 22, 2010, issued by the RoC. Thereafter, the name was changed to Innovision Limited and fresh Certificate of Incorporation dated March 2, 2011, was issued by the RoC consequent to change of name.The Company is in the business of providing Manpower Services, Toll Management and Skill Development Training to clients across India.

The Company started their business with a single service domain of providing manned private security services to clients in year 2007 and has gradually diversified the business to provide a suite of manpower services. Later on, it started offering skill development services from year 2014 and toll management services from 2019. The business of manpower services focus on providing manned private security services, integrated facility management (IFM) services, manpower sourcing and payroll services.

Their toll plaza management operations comprise of user fee collection and other related services on toll plazas. In addition, the Company provide skill development training as a training partner for various Central and State Government schemes. It provide skill training to Indian youth to enable them to acquire industry relevant skill that will help them in securing a better livelihood.

Their manpower services spans diversified industries and sectors such as healthcare, warehousing and logistics, government departments, retail and BFSI. The skill development focus on government initiatives for skill development. Toll management comprises undertaking user fee collection at toll plazas on national highways.

The Company is planning to raise funds from public through Initial Public Offering aggregating to Rs 315 Crore through Fresh Issue and by issuing upto 1,181,250 Equity Shares through Offer for Sale.