New Delhi, March 13 -- The initial public offering (IPO) of Innovision Limited, a manpower and toll plaza management services provider, which was extended by another three days due to weak response from investors, has continued to witness weak demand during the fourth day of bidding.

By the end of Day 04, the issue had received bids for 19.08 lakh shares against a total offer size of 61.51 lakh shares, translating into an overall subscription of just 0.31 times, as per exchange data.

Among investor categories, the Qualified Institutional Buyers (QIB) portion was the only segment fully subscribed, while the non-institutional investors (NII) quota was subscribed 0.36 times. The retail investor segment saw the weakest response, with subscr...