Innovision IPO likely to list at a discounted price – Here’s what GMP signals

Innovision’s ₹319.25 crore IPO faces weak demand, not fully subscribed after six days. The price range was adjusted to ₹494- ₹519 per share. The grey market premium indicates a listing price of ₹459, down 11.56%. Bids received exceeded shares offered, particularly from QIBs.