Innovision Ltd IPO Proceeds Utilization Report by Crisil

Innovision Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, prepared by Crisil Ratings Limited. The report, issued on August 12, 2026, confirms that the utilization of IPO proceeds is in line with the objects disclosed in the Offer Document. The company raised ₹3,192.52 million through its Initial Public Offer (IPO), with net proceeds of ₹2,097.99 million after accounting for issue expenses. The proceeds are being utilized for working capital. The Audit Committee reviewed the draft report on August 12, 2026.