Aditya Infotech Limited, the parent company of the well-known CP PLUS brand, has concluded the final day of its IPO on July 31, 2025, with strong investor participation. According to official data from the BSE, the Aditya Infotech IPO was subscribed 5.79 times.

This subscription includes demand from retail investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). The IPO opened on July 29, 2025, and closed on July 31, 2025. The company has set the price band between ₹640 to ₹675 per share.

IPO Structure and Details

The IPO is a Book Built Issue worth ₹1,300.00 Crores, consisting of:

• A Fresh Issue of ₹500.00 Crores (approx. 74.07 lakh shares)

• An Offer for Sale (OFS) of ₹800.00 Crores (approx. 118.51 lakh shares)

The minimum lot size is 22 shares, requiring a minimum investment of ₹14,850 for retail investors. For HNIs, the minimum application is 14 lots (308 shares), which amounts to ₹2,07,900.

At the upper end of the price band (₹675), the market capitalization of Aditya Infotech will be approximately ₹7,911.89 Crores.

IPO Timeline

• IPO Open Date: July 29, 2025

• IPO Close Date: July 31, 2025

• Allotment Date: August 1, 2025

• Listing Date: August 5, 2025

• Registrar: MUFG Intime India Pvt. Ltd.

• Lead Managers: ICICI Securities, IIFL Capital Services

Grey Market Premium (GMP)

The Grey Market Premium for Aditya Infotech is reported at ₹125, indicating an 18.51% premium over the upper price band. While GMP is not an official metric and is based on unregulated demand, it still reflects positive sentiment.

Anchor Investor Participation

On July 25, 2025, Aditya Infotech raised ₹582.29 Crores from Anchor Investors by issuing 86,26,666 equity shares at ₹675 per share, the upper end of the price band. These shares were allotted under the QIB quota, indicating institutional confidence in the offering.

Company Background

Founded over 17 years ago, Aditya Infotech Limited is the company behind CP PLUS, India's leading surveillance brand. The company boasts the widest range of CCTV and security products in the industry.

Their offerings cater to:

• Government institutions

• Commercial enterprises

• Residential buildings

• Industrial operations

Their products are deployed across all vertical segments in India.

Management and Governance

The company is helmed by:

• Aditya Khemka (Managing Director)

• Hari Shanker Khemka (Chairman & Whole-Time Director)

Aditya Infotech is supported by a seasoned Board of Directors and a strong management team with deep industry expertise. They are committed to sustainable growth and maintaining a customer-centric approach.

Financial Performance

The company has shown consistent growth over the past three fiscal years:

These numbers reflect a healthy CAGR and improved profit margins year-on-year.

Valuation Metrics

• Pre-Issue EPS (FY24): ₹33.02

• Post-Issue EPS (FY24): ₹29.98

• Pre-Issue P/E: 20.44x

• Post-Issue P/E: 22.52x

• ROCE (FY24): 33.27%

• ROE (FY24): 34.53%

• RoNW (FY24): 34.53%

The valuation appears reasonable, especially when factoring in the brand strength and market dominance.

Use of IPO Proceeds

The company plans to use the net proceeds for:

1. Prepayment or repayment of existing borrowings (₹375 Crores)

2. General corporate purposes

IPO Review and Verdict

Based on the following factors:

• Strong brand equity (CP PLUS)

• Pan-India product presence

• Healthy financial growth

• High ROCE and ROE

• Reasonable valuations

• Solid institutional interest (Anchor investors)

• Strong GMP indicating listing gains

The Aditya Infotech IPO appears to be a promising investment opportunity, particularly for those seeking listing gains and exposure to India's surveillance and security segment.

Disclaimer

The content in this article is for educational and informational purposes only. It does not constitute financial advice or a recommendation to invest. Please consult your financial advisor before making any investment decisions. Investment in securities is subject to market risks. Read all offer documents carefully before investing.

The Upcoming IPOs in this week and coming weeks are BLT Logistics, Bhadora Industries, Highway Infrastructure, Flysbs Aviation, Parth Electricals & Engineering, Jyoti Global Plast, Essex Marine, Aaradhya Disposal Industries.

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