Aditya Infotech Limited, the company behind India’s most trusted surveillance brand CP PLUS, is set to launch its ₹1,300 crore initial public offering (IPO) on July 29, 2025. The issue comprises a fresh issue of 74.07 lakh shares worth ₹500 crore and an offer for sale (OFS) of 118.51 lakh shares aggregating ₹800 crore. The IPO will close on July 31, 2025, with the allotment expected on August 1, and tentative listing on BSE & NSE on August 5, 2025.

The price band for the IPO has been set between ₹640 to ₹675 per equity share. At the upper end of the price band, the market capitalisation of Aditya Infotech will be around ₹7,911.89 crore. The lot size for retail investors is 22 shares, translating to a minimum investment of ₹14,850. For HNIs, the minimum investment is 14 lots (308 shares), amounting to ₹2,07,900.

The company has appointed ICICI Securities Limited and IIFL Capital Services Limited as the book-running lead managers (BRLMs), while MUFG Intime India Private Limited (formerly Link Intime India Pvt Ltd) is the registrar to the IPO.

Grey Market Premium (GMP) & Listing Expectations

As of July 25, 2025, the Grey Market Premium (GMP) for Aditya Infotech IPO is reported to be ₹125, indicating a potential listing price of ₹800, which is an 18.51% premium over the issue price. However, GMP is based on unofficial market activity and does not ensure listing performance.

Company Overview

Founded over 17 years ago, Aditya Infotech Limited revolutionised the Indian surveillance market by launching CP PLUS, which has grown into India’s leading CCTV & security products brand. With a comprehensive portfolio of over 2,000 products, Aditya Infotech serves government, commercial, residential, and industrial clients. Their distribution and support networks extend across India’s urban and rural sectors.

Led by Aditya Khemka (Managing Director) and Hari Shanker Khemka (Chairman and Whole-Time Director), the company boasts a seasoned management team and strong corporate governance practices.

Use of IPO Proceeds

The net proceeds from the fresh issue will be utilised for:

1. ₹375 crore for prepayment/repayment of existing borrowings.

2. The remaining funds will be used for general corporate purposes.

This strategy is aimed at strengthening the balance sheet and enhancing operational liquidity.

Financial Performance

Aditya Infotech has demonstrated impressive growth over the last three years:

Key Performance Indicators (FY24):

• Pre-Issue EPS: ₹33.02

• Post-Issue EPS: ₹29.98

• Pre-Issue P/E: 20.44x

• Post-Issue P/E: 22.52x

• Industry P/E: Not disclosed

• ROE: 34.53%

• ROCE: 33.27%

• RoNW: 34.53%

These metrics indicate robust profitability and efficient capital use.

How to Check Aditya Infotech IPO Allotment Status

Investors can check their allotment status on or after August 1, 2025, using the following steps:

1. Visit the registrar’s website (MUFG Intime India Pvt Ltd).

2. Select Aditya Infotech IPO from the drop-down list.

3. Enter Application Number, PAN, or DP Client ID.

4. Click Submit to view allotment status.

Should You Apply for Aditya Infotech IPO?

With:

• Consistent revenue and profit growth

• High return ratios (ROE, ROCE over 33%)

• Reasonable valuations compared to peers

• GMP indicating 18.5% premium

...the Aditya Infotech IPO appears attractive for listing gains, especially for short-term investors. The valuation seems justified, given the company’s dominant position in the security solutions market and healthy financials.

However, long-term investors may wish to evaluate post-listing performance and sector competition before committing further capital.

Disclaimer: This review is for informational purposes only. It should not be construed as investment advice. Investors must consult their financial advisors before investing. Past performance is not indicative of future results. Investment in securities is subject to market risks.

The Upcoming IPOs in this week and coming weeks are M&B Engineering, Cash Ur Drive Marketing, Renol Polychem, Jyoti Global Plast, Takyon Networks, Mehul Colours, Aditya Infotech, Sri Lotus Developers & Realty, Lakshmi India Finance, Jyoti Global Plast, B.D. Industries (Pune), Kaytex Fabrics, Umiya Mobile, Repono, NSDL.

The Current active IPO are Shree Refrigerations, Sellowrap Industries, Shanti Gold International, Patel Chem Specialities, Brigade Hotel Ventures, Indiqube Spaces, GNG Electronics, TSC India.

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