Innovision IPO GMP, March 19 -- The Rs.319.25 crore initial public offering (IPO) of Innovision, which will list tomorrow, March 20 on BSE and NSE witnessed weak demand. The issue was not fully subscribed in the 3 days of bidding and was later extended to 6 days for subscription.

It opened for public subscription on March 10 and closed on March 17. Earlier it was supposed to close on March 12. The allotment of Innovision IPO was finalised on Wednesday, March 18. The price range was also decreased to Rs.494 to Rs.519 per share from Rs.521 to Rs.548 per share earlier.

Ahead of listing on March 20, the grey market premium (GMP) for Innovision IPO shows the discounted price. It is currently at Rs.-60 on March 19. The current GMP signals tha...