New Delhi, March 13 -- The public offering for Innovision Ltd, which provides manpower and toll plaza management services, has been extended until March 17, and the price band has been lowered due to a lukewarm response from investors.

Originally, the IPO was set to close on March 12. The updated price band is now Rs.494 to Rs.519 per share, reduced from the previous range of Rs.521 to Rs.548 per share. This new price band will take effect beginning March 13, as stated.

Innovision IPO has reserved not more than 1% of the shares in the public issue for qualified institutional buyers (QIB), not less than 34% for non-institutional Institutional Investors (NII), and not less than 65% of the offer is reserved for retail investors.'

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