Viral Video Showing Indian Man Remotely Operating Front Desk Of U.S. Hotel Sparks Debate
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Economic Times
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Aditya Infotech shares soar 51% on debut, biggest IPO listing gain of 2025
Shares of Aditya Infotech debuted on the Indian exchanges today with an impressive listing gain of 50.8% on the BSE and 50.4% on the NSE, compared to the issue price of Rs 675. ADVERTISEMENT With this performance, Aditya Infotech has become the most successful IPO of 2025 in terms of listing gains. In comparison, GNG Electronics shares were listed last month at a 49.8% premium over their issue price. On the BSE, the shares of Aditya Infotech got listed for Rs 1,018 and Rs 1,015 on the NSE. The stock rode a strong investor interest and was trading at a robust grey market premium (GMP) of Rs 300, a 45% markup over the issue price of Rs 675. The Rs 1,300 crore initial public offering (IPO), which comprised a fresh issue of Rs 500 crore and an offer for sale worth Rs 800 crore, received an overwhelming response, with total subscription reaching 106.23 times. The offering was led by qualified institutional buyers (QIBs), who subscribed 140.5 times, followed by non-institutional investors at 75.93 times, and retail investors at 53.81 times. ADVERTISEMENT Ahead of the public offering, the anchor portion secured Rs 582.3 crore from marquee institutional Infotech is India's largest provider of video surveillance solutions under its flagship brand CP Plus. The company has an extensive footprint across more than 550 cities and towns, backed by a channel network of over 1,000 distributors and 2,100 system integrators. Its portfolio includes smart home IoT cameras, AI-powered surveillance systems, and industrial-grade security equipment. ADVERTISEMENT For FY25, the company posted a net profit of Rs 351 crore on revenue of Rs 3,123 crore, reflecting a sharp 205% year-on-year growth in from the IPO will primarily be used to repay debt amounting to Rs 375 crore, with the balance earmarked for general corporate purposes. ADVERTISEMENT While the company witnessed a strong listing on both exchanges today, aided by buoyant sentiment and strong fundamentals, investors are advised to maintain caution that rich valuations and sector-specific exposure may temper gains in the medium term. Also read: NSDL IPO Allotment Date Live Updates: Issue allotment likely today; GMP at 15%; check other key details (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)
Mint
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HPCL, BPCL to IOC: Oil & gas stocks fall over 3% after Donald Trump's tariffs threat to India on Russian oil imports
Hindustan Petroleum Corporation Ltd (HPCL), Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation (IOC), and other oil and gas stocks declined more than 3% on Tuesday after US President Donald Trump threatened India with high tariffs on buying Russian oil. Trump said he would be 'substantially raising' the tariff on Indian exports to the US over New Delhi's purchases of Russian oil. He also accused India of profiting by reselling discounted Russian oil in global markets.
Mint
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JioBlackRock to offer 5 new NFO Index Funds for Indian investors from August 2025
Jio BlackRock Asset Management Private Limited (JioBlackRock Asset Management), a 50:50 JV between Jio Financial Services Limited (JFSL) and BlackRock*, has announced the launch of its first suite of five Index Funds through a New Fund Offering (NFO). The NFO will commence on Tuesday, August 5, 2025, and close on Tuesday, August 12, 2025. This marks a pivotal moment in the organisation's mission to deliver diversification, cost efficiency, reliability, transparency, and digitally empowered investment solutions to Indian investors.
