Innovision IPO GMP: Innovision Limited, which provides manpower and toll plaza management services, had to take a big decision in the middle of its IPO. Due to not getting the expected response from investors, the company has reduced the price band of the IPO and also extended the last date of subscription. This IPO was opened on March 10 and earlier it was to close on March 12, but now the company has extended its deadline to March 17. Besides, the price band has also been reduced to Rs 494 to Rs 519 per share, which was earlier fixed between Rs 521 to Rs 548.
Innovision IPO GMP: Price band cut; Subscription window also extended, why did the company have to take this decision? – market
