Aditya Infotech IPO Day 1 Highlights: Aditya Infotech's Rs 1,300-crore public offer opens today

Aditya Infotech has strengthened its manufacturing and technological edge by collaborating with top technology firms to create tailored video surveillance solutions. The company previously operated a joint venture with Dixon Technologies, whose stake it fully acquired on September 18, 2024. Under a separate agreement in July 2024, Dixon also subscribed to 7.3 million equity shares. Further supporting the ‘Make in India’ initiative, Aditya Infotech has partnered with L&T Semiconductor to develop indigenous IP-based SoCs and AI-powered CCTV products.

The Rs 1,300-crore initial public offering of CCTV and security products maker Aditya Infotech has been fully subscribed on its first day of public bidding (July 29). Retail investors are leading the subscription race, booking their reserved portion nearly 3.5 times their quota size. The maiden public issue of the company received bids for more than 1.14 crore shares, as against the offer size of 1.12 crore shares, according to data on NSE at 1.32 pm. Non-Institutional Investors (NII) have fully booked their reserved portion. Qualified Institutional Buyers (QIBs) have subscribed 1 percent of their reserved portion. (Read More)

Aditya Infotech operates 10 strategically located warehouses across India. In the North, facilities are based in Delhi, Gurugram (Haryana), and Noida (Uttar Pradesh). In the West, warehouses are located in Bhiwandi (Maharashtra), Ahmedabad (Gujarat), and Indore (Madhya Pradesh). Eastern operations are supported by warehouses in Kolkata (West Bengal) and Guwahati (Assam), while in the South, facilities are situated in Chennai (Tamil Nadu) and Bengaluru (Karnataka). The company’s manufacturing plant is located in Kadapa, Andhra Pradesh.

The basis of allotment for the Aditya Infotech IPO is expected to be finalised on Friday, August 1. Refunds for unallotted shares are likely to be initiated on Monday, August 4, with the allotted shares being credited to investors’ demat accounts on the same day. The company’s shares are expected to be listed on the BSE and NSE on Tuesday, August 5.

Heavy dependence on imported raw materials and exposure to Chinese component supply are key concerns (Read More)

On Monday, Aditya Infotech raised over ₹582 crore from anchor investors, just a day ahead of opening its IPO for public subscription.

The anchor book saw strong demand from both domestic and global institutional investors. Notable participants included the Government of Singapore, the Monetary Authority of Singapore, HDFC Mutual Fund, SBI Mutual Fund, Goldman Sachs, Nomura, Ashoka Whiteoak India Opportunities Fund, and the Abu Dhabi Investment Authority, according to a circular on the BSE website.

As per the circular, the company allotted 86.26 lakh equity shares to 54 anchor investors at ₹675 per share, amounting to a total of ₹582.3 crore.

Aditya Infotech IPO has allocated the public issue as follows: at least 75% of the shares are reserved for Qualified Institutional Buyers (QIB), up to 15% for Non-Institutional Investors (NII), and not more than 10% for retail investors. Additionally, equity shares worth up to ₹6 crore have been set aside for eligible employees.

The brokerage notes that at the upper price band, the company is valued at a FY25 P/E ratio of 22.5x, implying a post-issue market capitalisation of Rs 7,911.89 crore. With a dominant position in its industry, limited competition, and steady growth in both revenue and profits over the assessed periods, the company shows strong fundamentals. Taking these factors into account, the IPO is considered fully priced, and a “SUBSCRIBE – LONG TERM” rating has been recommended.

Omnichannel eyewear brand Lenskart has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO), according to two sources familiar with the matter. The company plans to raise Rs 2,150 crore (around $250 million) through a fresh issue of shares as part of the offering, Moneycontrol earlier reported. (Read More)

Beyond its hardware offerings, the company also delivers integrated security systems and security-as-a-service solutions, both directly and through its nationwide distribution network.

Under the ‘CP Plus’ brand, Aditya Infotech provides a wide range of video surveillance products, advanced security technologies, and end-to-end solutions, catering to both consumer and enterprise segments.

According to the draft red herring prospectus, Aditya Infotech had total borrowings of around Rs 405 crore as of March 2024.

Out of the Rs 500 crore fresh issue, approximately Rs 375 crore is planned for debt repayment, while the rest will go toward general corporate purposes.

The IPO includes a fresh issue of equity shares worth Rs 500 crore and an offer for sale (OFS) of Rs 800 crore by the promoters. Proceeds from the fresh issue will be used to repay debt and fund general corporate needs, according to the company's filing.

One day ahead of its IPO opening, Aditya Infotech successfully raised over Rs 582 crore from anchor investors on Monday, signaling strong institutional interest in the offering.

Aditya Infotech, known for its 'CP Plus' brand of surveillance and security products, launched its initial public offering (IPO) today, Tuesday, July 29. The bidding window will remain open until Thursday, July 31. The IPO price band is set between Rs 640 and Rs 675 per share.

The initial public offer of Shanti Gold International Ltd received 4.93 times subscription on the second day of bidding on Monday.

The initial share sale got bids for 6,24,11,100 shares against 1,26,67,200 shares on offer, according to NSE data. Non-institutional investors category got subscribed 7.52 times while the quota for Retail Individual Investors (RIIs) fetched 6.60 times subscription. The Qualified Institutional Buyers (QIBs) part got subscribed 5 per cent.

Shanti Gold International on Thursday said it has mopped up a little over Rs 108 crore from anchor investors. The Rs 360-crore initial public offering (IPO) of Shanti Gold will conclude on Tuesday. The price band for the offer has been fixed at Rs 189-199 per share.

The initial share sale of Brigade Hotel Ventures Ltd fetched 4.48 times subscription on the closing day of bidding on Monday.

The initial public offering (IPO) received bids for 22,95,01,142 shares against 5,11,93,987 shares on offer, according to data available with the NSE. Retail Individual Investors (RIIs) category attracted 6.40 times subscription while the quota for Qualified Institutional Buyers (QIBs) got subscribed 5.42 times. The portion for non-institutional investors received 1.92 times subscription.

Brigade Hotel Ventures Ltd had on Wednesday raised Rs 325 crore from anchor investors. The price band has been fixed at Rs 85-90 per share.

Aditya Infotech, which offers video security and surveillance products under 'CP Plus' brand, on Monday raised over Rs 582 crore from anchor investors a day before its initial share-sale opening for public subscription.

This anchor portion witnessed participation from domestic and foreign institutional investors, including Government of Singapore, Monetary Authority of Singapore, HDFC Mutual Fund, SBI Mutual Fund, Goldman Sachs, Nomura, Ashoka Whiteoak India Opportunities Fund, and the Abu Dhabi Investment Authority, according to a circular uploaded on the BSE website.

As per the circular, Aditya Infotech has allotted 86.26 lakh equity shares to 54 funds at Rs 675 apiece. This aggregates the transaction size to Rs 582.3 crore.

The Rs 1,300-crore initial public offering (IPO) will open for subscription on July 29 and conclude on July 31. The price band has been set at Rs 640-675 per share.