Innovision Limited, originally incorporated as SRT Innovision Services Private Limited in 2007, is a diversified service provider operating in India. The company transitioned to a public limited entity in 2010 and adopted its current name in 2011. Innovision specializes in three key business verticals: Manpower Services, Toll Management, and Skill Development Training.
Initially focused on providing manned private security services, Innovision has since expanded its manpower portfolio to include integrated facility management (IFM), manpower sourcing, and payroll services. The company caters to various industries, including healthcare, warehousing, logistics, government departments, retail, and BFSI (Banking, Financial Services, and Insurance). Additionally, Innovision entered the skill development sector in 2014 by partnering with Central and State Government schemes to train Indian youth in industry-relevant skills for better career prospects. Its toll plaza management operations, introduced in 2019, include user fee collection and related services on national highway tolls.
Innovision’s business model aligns with critical sectors and government initiatives, making it resilient and diversified. The manpower services ensure recurring revenue from diverse industries, while skill development addresses India's employment and training needs. Toll management contributes to infrastructure-based revenue streams.
The company plans to raise Rs. 315 crore through an Initial Public Offering (IPO), consisting of a Fresh Issue and an Offer for Sale of up to 1,181,250 equity shares, to fund its growth initiatives. Innovision’s well-rounded service offerings, industry-focused diversification, and alignment with government programs position it as a key player in India's service landscape.
