Upcoming IPO, Dec. 15 -- Innovision Limited, a company providing manpower and toll plaza management services, has refiled its Draft Red Herring Prospectus (DRHP) for an Initial Public Offering (IPO) after the Securities and Exchange Board of India (SEBI) returned its previous submission made on August 19. The earlier documents were sent back on September 30, prompting the company to revise its offer.

The company has revised its IPO structure, lowering the fresh issue size to Rs.255 crore from the earlier Rs.315 crore, while the Offer for Sale (OFS) has expanded to 17.71 lakh shares, up from 11.81 lakh shares. Innovision had initially submitted its IPO papers on August 19, but SEBI returned them on September 30, prompting the company to r...