Aditya Infotech IPO of Rs.1,300 Cr Opens on July 29; Price Band Rs.640–Rs.675
Aditya Infotech is coming out with a Rs.1,300 crore IPO via the book-building route, comprising a fresh issue of 0.74 crore shares worth Rs.500 crore and an offer for sale (OFS) of 1.19 crore shares aggregating Rs.800 crore by existing shareholders.
The issue opens for subscription on July 29, 2025, and closes on July 31, 2025. The basis of allotment is expected on August 1, with tentative listing on August 5, 2025, on both BSE and NSE.
The price band has been fixed at Rs.640 to Rs.675 per share.
➤ Retail lot: 22 shares | Minimum investment: Rs.14,080
➤ sNII: 14 lots (308 shares) | Rs.2,07,900
➤ bNII: 68 lots (1,496 shares) | Rs.10,09,800
ICICI Securities Ltd is the Book Running Lead Manager, while MUFG Intime (Link Intime) acts as the registrar to the issue.
Table of Contents
- GMP
- Reviews
- Subscription
- Allotment
Listing Review
The scrip is listed at Rs. 1015, premium of 50.37% over the issue price.
Final Subscription Tally
QIB | B HNI X | S HNI x | NII x | RII x | Total X |
140.50 | 78.86 | 70.07 | 75.93 | 53.81 | 106.23 |
Applications: 40,16,488 | |||||
Subscription Review: Strong subscription trend seen on the last day also |
Who are the promoters of Aditya Infotech IPO?
THE PROMOTERS OF THE COMPANY ARE HARI SHANKER KHEMKA, ADITYA KHEMKA, ANANMAY KHEMKA AND HARI KHEMKA BUSINESS FAMILY TRUST
What are the Objects of Aditya Infotech IPO?
The Offer comprises of a Fresh Issue of Equity Shares and an Offer for Sale.
The Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
1. Prepayment and/or repayment of all or a portion of certain outstanding borrowings availed by our Company; and
2. General corporate purposes.
What is the business of Aditya Infotech?
Aditya Infotech is the largest Indian-owned company offering video security and surveillance products, solutions and services with a market share of 20.2% of the video surveillance industry in India in terms of revenues in Fiscal 2024.
It offers a comprehensive range of advanced video security and surveillance products, technologies and solutions for enterprise and consumer segments under its ‘CP PLUS’ brand which has strong recall value. In addition, it offers solutions and services such as fully integrated security systems and Security-as-a-Service directly and through its distribution network who address the requirements of end-customers engaged in a broad range of sectors such as banking, insurance, real estate, healthcare, industrial, defence, education, hospitality, manufacturing, retail and law enforcement. It has assigned the ‘CP PLUS’ brand in 2014 with the aim of providing wider access to cost-effective security and surveillance products, solutions and services. ‘CP PLUS’ ranks as among the top video security and surveillance brands in Asia and one of India’s leading security brand for several years.
The ‘CP PLUS’ brand has strong recall value as it is one of the earliest pan-India consumer focused brands in the video security and surveillance space with active marketing and engagement. Its product portfolio, including products that it sources from third parties, deploy wide variety of security technologies such as artificial intelligence (“AI”) and machine learning (“ML”) to deliver Edge-based AI analytics, all developed in-house by our dedicated research and development (“R&D”) team, integrated Internet of Things (“IoT”) ecosystem for connected and smart homes as well as a number of cloud services, including health monitoring systems (“HMS”) and attendance management systems (“AMS”). Our product line comprises high 202 definition (“HD”)-analog cameras, digital video recorders (“DVRs”), internet protocol (“IP”) network cameras, network video recorders (“NVRs”), biometric products, access control products, mobile surveillance solutions, body-worn cameras, thermal cameras, temperature screening solutions, interactive displays, routers, cables, power supplies (“SMPS”), racks and other accessories and products.
It also partners with other companies and government agencies to develop indigenized innovations including Indian-made Systems on Chips (“SoCs”) and thermal cameras.
The company offers field management services that include annual preventive maintenance services and quick response services, electric vehicle station management services, IoT automation services, door automation and access control systems. The company sold its surveillance products through its network of over 800 distributors in tier I, tier II and tier III cities, and over 2,200 system integrators in Fiscal 2024.
For more information, click www.adityagroup.com
Aditya Infotech IPO GMP, Particulars & Guidance
Aditya Infotech IPO Details | |
IPO opens on | 29 July 2025 |
IPO closes on | 31 August 2025 |
Issue Type | Book Built Issue IPO |
Issue Size | 192,58,258 Shares / Rs 1300 Crore |
* Fresh Issue | – Shares / Rs 500 Crore |
* Offer for Sale | ? Shares / Rs 800 Crore |
Face Value per share: | Rs. 1 |
Price Band | Rs. 640-675 |
Retail Discount | Rs 0 per share |
Employee discount | Rs. 60 per share |
Retail Lot Size | 22 Shares |
Listing will at | BSE, NSE |
Shares offered in this IPO? |
Shares | Rs. in Crore |
QIB (75 %) | 975.00 | |
NII (15 %) | 195.00 | |
RII (10 %) | 1925826 | 130.00 |
Employees | ||
Total Shares | 19258258 | 1300.00 |
Retail portion will be oversubscribed by | 87358 Forms. | |
How to apply in this IPO? | Amount Rs. |
|
Min Retail Application | 22 | 14850 |
Max Retail Application | 286 | 193075 |
Small HNI (Min) | 308 | 207900 |
Small HNI (Max) | 1474 | 994950 |
Big HNI | 1496 | 1009800 |
What is the timetable of this IPO? | |
IPO opens on | 29 July 2025 |
IPO Closes on | 31 July 2025 |
IPO Allotment on | 1 August 2025 |
Unblocking of Asba | 4 August 2025 |
Credit of Shares | 4 August 2025 |
Listing of Shares | 5 August 2025 |
Registered Office of the company F-28, Okhla Industrial Area, Phase -1, New Delhi – 110 020, Delhi, India |
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Who are the Lead Managers of Ajax Engineering IPO? ICICI Securities Limited IIFL Securities Limited |
|
Registrar to IPO | |
Link Intime India Pvt ltd |
Aditya Infotech Financial Snapshot
Period Ended | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 |
Assets | 3,174.54 | 1,644.18 | 1,708.76 |
Revenue | 3,122.93 | 2,795.96 | 2,295.56 |
Profit After Tax | 351.37 | 115.17 | 108.31 |
EBITDA | 258.39 | 236.48 | 181.05 |
Net Worth | 1,017.66 | 424.2 | 311.59 |
Reserves and Surplus | 994.49 | 421.33 | 308.65 |
Total Borrowing | 412.84 | 405.45 | 409.6 |
Amount in Rs. Crore |
Key Financial Indictors
KPI | Values |
ROE | 34.53% |
ROCE | 33.27% |
Debt/Equity | 0.41 |
RoNW | 34.53% |
PAT Margin | 11.25% |
EBITDA Margin | 8.27% |
Price to Book Value | 7.06 |
How Aditya Infotech IPO compares with the Peers?
Peer Comparison.
There are no listed companies in India that are comparable in all aspects of business and services that the Company provides. Hence, it is not possible to provide an industry comparison in relation to this Company.
# This is only coverage of News related to Grey Market. We do not deal in grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Aditya Infotech IPO Guidance by Paresh Gordhandas, CA & Research Analyst.
Aditya Infotech Limited (AIL), the flagship behind the popular ‘CP Plus’ brand, is one of India’s leading players in the video security and surveillance sector.
The company’s product portfolio is highly diversified, ranging from smart home IoT cameras, HD analog systems, advanced network cameras, body-worn and thermal cameras, long-range IR cameras, to AI-powered solutions such as automatic number plate recognition, people counting, and heat mapping. For residential customers, AIL also offers smart Wi-Fi cameras, 4G-enabled cameras, dash cams, and other surveillance solutions.
In FY2025, AIL offered 2,986 SKUs across India and sold products in over 550 cities and towns. Its pan-India presence is supported by:
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41 branch offices and 13 Return Merchandise Authorization (RMA) centers
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A robust distribution network of 1,000+ distributors and 2,100+ system integrators, covering Tier I, II, and III cities
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10 strategically located warehouses, spread across Delhi, Gurugram, Noida, Bhiwandi, Ahmedabad, Indore, Kolkata, Guwahati, Chennai, and Bengaluru
The company’s manufacturing backbone is its Kadapa Facility in Andhra Pradesh, enabling localized production and efficient supply chain management.
AIL’s strong nationwide presence, extensive product range, and established distribution ecosystem position it as a formidable player in India’s growing surveillance and security solutions market.
Out of the total Rs. 1,300 crore IPO, only 10% (Rs. 130 crore) is reserved for retail investors, while 15% (Rs. 195 crore) is allocated to HNIs. Given this limited allocation, both retail and HNI categories are expected to see strong oversubscription without difficulty.
On the financial front, the company has delivered consistent growth in revenues and profits. In FY2024-25, it reported a total revenue of Rs. 3,123 crore with a net profit of Rs. 351.37 crore. Post-IPO, the company’s EPS stands at Rs. 32.00, and the issue is priced at a P/E multiple of 21.09 on the expanded equity base.
The attractive pricing leaves ample room for listing gains, while also offering solid potential for medium-term investors. Apply
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