Aditya Infotech IPO opens for subscription. Should you apply?
Aditya Infotech IPO GMP
Explore courses from Top Institutes in
Please select course:
Select a Course Category
Leadership
Finance
Data Science
Product Management
others
Data Analytics
healthcare
CXO
MBA
MCA
Management
Operations Management
Others
Healthcare
Technology
Project Management
Artificial Intelligence
Data Science
Public Policy
PGDM
Design Thinking
Digital Marketing
Cybersecurity
Degree
Skills you'll gain:
Duration:
12 Months
IIM Kozhikode
Senior Management Programme
Starts on
undefined
Get Details
Skills you'll gain:
Duration:
10 Months
IIM Indore
Executive Programme in Business Management
Starts on
undefined
Get Details
Skills you'll gain:
Duration:
10 Months
IIM Kozhikode
CERT-IIMK-Women Leadership Programme INDIA
Starts on
undefined
Get Details
Skills you'll gain:
Duration:
12 Months
IIM Kozhikode
Advanced Strategic Management Programme
Starts on
undefined
Get Details
Skills you'll gain:
Duration:
22 Weeks
Indian School of Business
SEPO - ISB Venture Capital & Private Equity India
Starts on
undefined
Get Details
Skills you'll gain:
Duration:
12 Weeks
IIM Kozhikode
CERT-IIMK EPIS Async India
Starts on
undefined
Get Details
Skills you'll gain:
Strategic Thinking & Planning
Competitive Advantage & Market Positioning
Strategic Leadership & Decision-Making
Change Management & Organizational Transformation
Duration:
1 Year
IIM Kozhikode
IIMK Advanced Strategic Management Programme
Starts on
Mar 30, 2024
Get Details
Skills you'll gain:
Duration:
18 Weeks
109820388
Strategic Marketing for Leaders: Leveraging AI for Growth
Starts on
undefined
Get Details
Skills you'll gain:
Opportunities & Outlining Plans to use AI & ML
Applying Data-Driven Business Innovation Best Practices
Changing Culture to Integrate AI-Enabled Technologies
Ethics, Privacy and Regulations in AI & ML
Duration:
20 Weeks
Indian School of Business
ISB Leadership in AI
Starts on
May 14, 2024
Get Details
Skills you'll gain:
Critical Thinking & Decision-Making Skills
Power of Emerging Technologies
Innovation and Drive Organizational Change
Fostering a Culture of Innovation
Duration:
9 Months
MIT xPRO
MIT Technology Leadership and Innovation
Starts on
May 14, 2024
Get Details
Skills you'll gain:
Financial Accounting & Analysis
Financial Instruments & Markets
Corporate Finance & Valuation
Investment Management & Banking
Duration:
12 Months
IIM Kozhikode
IIMK Professional Certificate in Financial Analysis and Financial Management
Starts on
Mar 30, 2024
Get Details
Skills you'll gain:
Duration:
12 Months
IIM Kozhikode
SEPO - IIMK CEO Programme India
Starts on
undefined
Get Details
Skills you'll gain:
Duration:
11 Months
IIM Lucknow
CERT-IIML SLP India
Starts on
undefined
Get Details
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Are you Smarter than Average? Test Now!
IQ-Worldwide.org
Try Now
Undo
The grey market premium (GMP) for the IPO was hovering around Rs 40–45 at the time of opening, indicating mild listing gains. However, the final response will hinge on institutional investor demand and broader market conditions.
Business Overview and Financials
Aditya Infotech is a leading value-added distributor (VAD) in India for electronic security equipment. The company partners with global brands like Dahua, Seagate, TP-Link,
Panasonic
, and others, distributing across 650+ cities with over 15,000 channel partners.
Its portfolio includes video surveillance products, access control systems, and networking solutions—catering to government, corporates, and SMEs.
Live Events
Between FY22 and FY24, the company's revenue grew at a CAGR of 24%, from Rs 2,090 crore to Rs 3,212 crore. PAT grew from Rs 102 crore in FY22 to Rs 210 crore in FY24.
EBITDA margins improved slightly from 9.6% to 10.7% over the same period. However, analysts note that the business remains working capital intensive and exposed to global supply chain risks.
Valuation and Recommendation
At the upper price band of Rs 675, Aditya Infotech is valued at a P/E of 36.2x on FY24 earnings, which is at a premium to industry peers like
Redington
and Ingram Micro. The IPO aims to raise funds primarily for working capital needs (Rs 600 crore), with the rest for general corporate purposes.
Brokerage firm Bajaj Broking has rated the IPO as 'Subscribe with Caution'. While acknowledging the company's strong brand partnerships, consistent growth, and deep distribution network, the note flags its high valuation and moderate return ratios (RoE 22%, RoCE 20%) as concerns.
(
Disclaimer
: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
26 minutes ago
- Economic Times
Banks must settle a/cs, lockers and articles in safe custody of deceased customer within 15 days of claim: RBI
Synopsis These proposals are aimed at standardising the claims processes across the banking sector, maintaining uniformity and compensating the customer in case of inconvenience. The final guidelines are expected to be enforced by January 1, 2026. TIL Creatives Representational image of a bank The Reserve Bank of India (RBI) has said banks must settle deposit accounts, safe deposit lockers and articles in safe custody of a deceased customer within 15 days of claim, proposing hefty penalties for non-compliance. In a draft circular, the central bank suggested banks pay the customer's kin the bank rate plus 4% per year interest for the period of delay on settling deposits, and Rs 5000 per day for delay in settlement of lockers. The bank rate currently is at 5.75%. These proposals are aimed at standardising the claims processes across the banking sector, maintaining uniformity and compensating the customer in case of inconvenience. The final guidelines are expected to be enforced by January 1, 2026. The draft circular said that if a nominee exists, the nominee would have to furnish a deceased customer's death certificate, claim form and a government ID card to access deposits. If no nominee exists, the customer will have to further provide a bond of indemnity signed by claimants, no objection from other legal heirs and a legal heir certificate or declaration by an independent person, the draft circular said. 'If any deposit related claim is not settled within the timeframe stipulated, then the bank shall communicate to the claimants the reasons for such delay… The reference date for reckoning the amount due and the prevailing bank rate shall be the date of receipt of all requisite documents from the claimant,' said the RBI draft circular published on August 6. In case of a disputed will, documents of probate of will, letter of administration and succession certificate or court decree would be required. Banks can accept the will without any probate if the will is not disputed. For settlement of the locker, nominees should provide a death certificate and official identity proof. For a case without a nominee, one would require a claim form signed by legal heirs, death certificate, address proof ,no objection from non-claimant legal heirs and legal heir certificate. The RBI also said that this compensation is meant to provide relief to claimants and is not a regulatory penalty payable to the central bank. The draft circular mandates banks to make claim procedures transparent, user-friendly, and available both in-branch and online, with clear communication at every step. "For us at RBI, the interest and welfare of the citizens of India is foremost," Governor Sanjay Malhotra said Wednesday while delivering his monetary policy statement. "We will be standardising the procedure for settlement of claims in respect of bank accounts, and articles kept in safe custody or safe deposit lockers of deceased bank customers. This is expected to make settlement more convenient and simpler.'
Economic Times
26 minutes ago
- Economic Times
Road ministry aims to award Rs 10 lakh crore of projects every year: Nitin Gadkari
The government aims to award road projects worth Rs 10 lakh crore every year going forward with a target of Rs 7 lakh crore of projects awarded by the end of 2025-26, road transport and highways minister Nitin Gadkari said. 'The sector witnessed some slowdown in the last one year due to the cancellation of the Bharatmala project,' Gadkari said while speaking at the annual session of the Indian Construction Equipment Manufacturers' Association (ICEMA) on Thursday. 'But in the current year we have already awarded projects worth Rs 2 lakh crore and the plan is to award another Rs 5 lakh crore worth of road projects by the end of this year, taking the total to Rs 7 lakh crore,' he said. Going forward, the target is to award projects worth Rs 10 lakh crore every year, he said, adding that the process is transparent, time bound and corruption free and there is no shortage of funds. Gadkari reiterated his desire to achieve the daily construction rate of 100 km per day as against the highest of 37 km per day in 2020-21. Addressing the construction equipment industry, Gadkari said his ministry is deliberating over incentives to the industry if they opt for alternate fuels and flex engines as it will be a win-win for all stakeholders. 'We are considering an interest- free loan to construction equipment makers who develop equipments running on alternate fuels,' he said.' Besides, a relief on one time tax on constitution equipment registration running on alternate fuels is also under consideration,' he said, prodding the industry to switch to alternate and sustainable fuel options. 'This will substitute for huge fuel imports amounting to Rs 22 lakh crore per annum, will be cost effective, pollution free and indigenously developed,' he said, adding it will be a win-win situation for industry, government and the country.
Time of India
28 minutes ago
- Time of India
Mukesh Ambani pushes deep-tech overhaul as Reliance nears golden jubilee
Reliance Industries Limited (RIL) is undergoing a significant transformation, steering itself into a deep-tech-driven future as it nears its 50th anniversary. In a letter to shareholders, as shared in the company's annual report, Chairman and Managing Director Mukesh Ambani said the company is embracing rapid global changes by reshaping its core businesses with cutting-edge technology. At the centre of this transition are four identified growth engines — Retail, Digital Services, Media and Entertainment, and New Energy. 'Each of these platforms is technology-first, innovation-led, and positioned to disrupt industries while delivering massive value to Indian consumers and the global market,' Ambani said. 'In every business — from energy to entertainment, from retail to digital services — we are integrating next-generation technologies,' he added. 'Over 1,000 of our in-house scientists are leading cutting-edge research in areas like AI, renewable energy, advanced materials, and digital platforms.' Ambani described the shift not as a challenge but as an opportunity for Reliance to evolve with the times. 'The world is changing at breakneck speed — reshaped by digital disruption, global shifts, and technological breakthroughs. At Reliance, we see this not as a challenge but as an opportunity.' He said the company is now future-proofing its manufacturing infrastructure to support India's ambition to become a global manufacturing powerhouse. 'Our manufacturing infrastructure is being future-proofed to support India's aspiration to become a global manufacturing powerhouse. This evolution mirrors the journey of our great nation.' He also tied Reliance's transformation to India's broader development agenda during what he referred to as the Amrit Kaal. 'India is shaping the future. This is India's moment. And Reliance is proud to walk shoulder-to-shoulder with the nation — as a committed partner, a responsible value-creator, and a technology-driven enabler of inclusive growth.' Despite global economic uncertainty, Reliance reported strong financials for FY25. Consolidated revenue rose to ₹10.71 lakh crore, up 7.1% year-on-year. EBITDA stood at ₹1.83 lakh crore, and net profit was ₹81,309 crore, both growing 2.9%. RIL shares were trading at Rs 1380.20 apiece on the BSE, down 0.92 per cent on Thursday. Ambani pointed to the company's diversified model and disciplined execution. 'Even amidst external volatility, Reliance delivered a year of solid and balanced growth,' he said.
