New Delhi, March 16 -- The public offering for Innovision Ltd, which specializes in manpower and toll plaza management services, has been extended to March 17, and the price band has been decreased due to a tepid response from investors.

Initially, the IPO was scheduled to close on March 12. The revised price band is now set at Rs.494 to Rs.519 per share, down from the earlier range of Rs.521 to Rs.548 per share. This updated price band will come into effect on March 13, as indicated.

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 invest...