Aditya Infotech IPO Opens Today: Should You Apply? Check Price, GMP, Lot Size, Review, Other Details
Aditya Infotech IPO GMP Today: Its grey market premium currently stands at 37.78%, indicating strong listing gains for investors.
Aditya Infotech IPO GMP: The initial public offering of Aditya Infotech, which offers video security and surveillance products under 'CP Plus' brand, opened for public subscription today, Tuesday, July 29. It will remain open for bidding for three days till July 31. The price band of the mainboard IPO, which plans to raise Rs 1,300 crore, has been fixed in the range of Rs 640 to Rs 675 apiece. Till 10:40 am on the first day of bidding on Tuesday, the issue received a 0.23 times subscription, garnering bids for 24,47,610 shares as against the 1,06,41,266 shares on offer.
The retail and NII participation stood at 0.93x and 0.23x, respectively.
The IPO's grey market premium currently stands at 37.78%, indicating strong listing gains for investors.
The IPO will remain open for public subscription between July 19, 2025, and July 31, 2025. The share allotment will likely be finalised on August 1, and the company is expected to be listed on both BSE and NSE on August 5.
The price band of the IPO has been fixed in the range of Rs 640 to Rs 675 per share.
For investors, the minimum lot size for the IPO is 22. It means investors will have to apply for a minimum of 22 shares or in multiple thereof. So, retail investors require a minimum capital of Rs 14,080 to apply for the IPO.
According to market observers, unlisted shares of Aditya Infotech Ltd are currently trading at Rs 930 against the upper IPO price of Rs 675. It means a grey market premium or GMP of Rs 255, which is 37.78% over its issue price, indicating strong listing gains.
The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price.
Aditya Infotech IPO: Should You Apply?
Most brokerages have recommended a 'Subscribe' rating for long-term investors, on the back of Aditya Infotech's market position and industry tailwinds. However, a few have raised challenges on valuation and supplier dependency.
Anand Rathi Shares & Stock Brokers offered a 'Subscribe for long-term' view, calling Aditya Infotech 'India's leading provider of video security and surveillance products" with a market share of 20.8% in FY25. The brokerage noted its broad product portfolio and minimal competition. It sees strong growth potential through compliance with emerging cybersecurity regulations and next-gen tech upgrades.
Ventura Securities maintained a 'Subscribe' stance, stating that Aditya Infotech is poised to benefit from tailwinds such as Smart Cities and Digital India. 'The residential segment alone is expected to grow at a CAGR of 15.1 per cent in revenue from FY24 to FY29," it said, praising the company's distribution network and wide-ranging product suite.
SMIFS echoed similar optimism, recommending investors 'Subscribe' to the issue. 'Aditya Infotech's dominant market position, scalable business model, and long-term growth potential," along with strategic partnerships and a focus on innovation, position it strongly in India's evolving surveillance sector.
Swastika Investmart also suggested a 'Subscribe' rating, pointing to the company's expanding Ebitda margin (8.27% in FY25), nationwide reach, and sector growth. 'Based on recent financials and dependence on key suppliers like Dahua, the issue appears reasonably priced but carries concentration risks," it warned, suggesting investors apply for both long-term and listing gains.
Aditya Birla Money has given a straightforward 'Subscribe' recommendation. It emphasized the IPO's goal of reducing debt and cited the impact of the new STQC norms. 'At the upper price-band, the issue is valued at 43x P/E… AIL with its manufacturing muscle & strong brand image is best placed to benefit from the tailwinds created," the note said.
Lakshmishree Investment & Securities also leaned positive with a 'Subscribe for long-term' rating. It acknowledged risks such as reliance on China and revenue concentration but noted that 'with scalable growth and strong fundamentals, we rate this IPO a Subscribe for long-term wealth creation." The brokerage also highlighted the company's 'AI-powered, 'Make in India'-aligned product line" and its strategic manufacturing hub in Kadapa.
Canara Bank Securities has given a 'Subscribe with caution' rating. It highlighted the company's leadership position, scalable business model, and presence across enterprise and consumer segments through the CP PLUS brand. 'The IPO is valued at a P/E of 20.44 times based on FY25 post exceptional earnings. We recommend a SUBSCRIBE rating for well-informed investors with a medium to long-term horizon," it said.
SBI Securities, however, has issued an 'Avoid' call. While acknowledging the benefits from new quality norms and backward integration plans, the brokerage flagged high valuations and weak cash flows. 'It trades at FY25 P/E of 77 times, which we believe is exorbitant, in the backdrop of mid-teen return ratios and weak operating cash flows," it noted, also citing comparability issues due to the AIL-Dixon JV consolidation.
Aditya Infotech IPO: More Info
The company's IPO is a combination of a fresh issue of equity shares worth Rs 500 crore and an Offer For Sale (OFS) of shares valued at Rs 800 crore by promoters.
Proceeds from the fresh issue to the tune of Rs 375 crore have been earmarked for payment of debt, and besides, a portion will be used for general corporate purposes.
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.
As of March 2024, the company's total borrowings stood at around Rs 405 crore, according to its draft papers.
Aditya Infotech offers a comprehensive range of advanced video security and surveillance products, technologies and solutions for enterprise and consumer segments under 'CP Plus' brand.
In addition, the company offers solutions and services such as fully integrated security systems and security-as-a-service directly and through its distribution network.
top videos
View all
The company announced that 75 per cent of the offer size has been reserved for qualified institutional buyers, 15 per cent for non-institutional investors and the remaining 10 per for retail investors.
ICICI Securities and IIFL Securities are the book-running lead managers to the issue. Aditya Infotech is expected to list on the bourses on August 5.
About the Author
Mohammad Haris
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h...Read More
Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated!
tags :
initial public offering (IPO) IPO
view comments
Location :
New Delhi, India, India
First Published:
July 29, 2025, 10:47 IST
News business » ipo Aditya Infotech IPO Opens Today: Should You Apply? Check Price, GMP, Lot Size, Review, Other Details
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
12 minutes ago
- India.com
ITR Filing 2025: Do Students And Unemployed Need To File Income Tax Returns in 2025?
New Delhi: Income Tax Return (ITR) filing in India depends mainly on your annual income and age. For individuals under 60 years old, it is generally required to file an ITR if your income exceeds Rs 2.5 lakh under the old tax regime or Rs 3 lakh under the new tax regime. However, unemployed individuals and students are not obligated to file if their income stays below these limits. Even when not mandatory, filing an ITR is advisable for several reasons. It creates a government-backed digital record of your income, which can be useful when applying for loans, credit cards, jobs, or visas. Filing returns also allows you to claim refunds if excess tax has been deducted or paid in advance. Moreover, important financial transactions, such as deposits over Rs 50 lakh in a savings account, require ITR proof to comply with tax scrutiny. Additionally, filing returns is essential if you want to carry forward capital losses, such as short-term capital losses, which can be offset against future gains for up to eight assessment years, reducing your tax burden in subsequent years. For the assessment year 2025-26, the last date to file an ITR without penalty has been extended to September 15, 2025. If you miss this, you can still file a belated return until December 31, 2025, but a nominal penalty applies—Rs 5,000 if your income exceeds Rs 5 lakh, and Rs 1,000 if it is lower. The Income Tax Department offers various ITR forms depending on your income sources, like ITR-1 and ITR-2, and form ITR-3 for those earning from business or professions along with other income such as salary or capital gains. Filing your ITR is also beneficial for building a clean financial record, which is important for obtaining personal loans, credit cards, and traveling internationally. For students, maintaining a good tax record can ease admission processes in top global institutions, help secure education loans, and qualify for scholarships. The filing process is straightforward, requiring basic documents such as PAN, Aadhaar card, and bank statements.
New Indian Express
12 minutes ago
- New Indian Express
CM Stalin inaugurates Vietnam automaker VinFast's e-vehicle manufacturing plant in Thoothukudi
THOOTHUKUDI: Chief Minister MK Stalin on Monday inaugurated the e-vehicle major VinFast's manufacturing plant in Thoothukudi. The CM said the e-car manufacturing plant will address the commitment to global warming and also improve the economy of the southern districts. Chief Minister said that the VinFast manufacturing plant began its production within 18 months after signing a Memorandum of Understanding (MoU) with the state government, and it is an example of ease of doing business in the Dravidian model government. He appreciated the Industries Minister, TRB Rajaa, for his dedicated efforts to make the dream come true. VinFast had signed an MoU for an investment of Rs 16,000 crore in the e-car manufacturing sector, assuring 3500 jobs during the investors' meet held in January 2024. Initially, it had invested Rs 1,300 crore, he said. This will also strengthen the trade and commerce relations with Vietnam, the CM added.
&w=3840&q=100)
Business Standard
12 minutes ago
- Business Standard
Adani Group denies report of battery tie-up with China's BYD, Welion
The Adani Group on Monday clarified that it was not in talks with Chinese electric vehicle (EV) manufacturer BYD and battery maker Beijing Welion New Energy Technology for a potential collaboration in India. The statement came after Bloomberg, citing unnamed sources, reported that the Gautam Adani-led conglomerate was exploring a partnership with BYD to manufacture batteries in India as part of its clean energy expansion. An Adani Group spokesperson said: 'We categorically deny Bloomberg's report on 4 Aug 2025 suggesting a tie-up between the Adani Group and Chinese companies BYD and Beijing Welion New Energy Technology. This report is baseless, inaccurate and misleading." "The Adani Group is not exploring any form of collaboration with BYD for battery manufacturing in India. Similarly, we are not engaged in any discussions with Beijing Welion New Energy Technology for a partnership of any kind," the statement added. The Bloomberg report claimed that Adani was personally involved in the discussions, which it said had taken place as recently as last week. The report further claimed that any agreement would likely be routed through BYD's subsidiaries located in other countries, rather than its headquarters in Shenzhen, due to diplomatic tensions between India and China. The Adani Group is one of India's largest conglomerates with diversified interests across ports, power, renewable energy, airports, mining, data centres, and FMCG. While the Adani Group is not directly involved in the automobile sector now, it has shown interest in the electric mobility ecosystem through EV charging infrastructure and green hydrogen. In April 2024, Adani TotalEnergies E-Mobility Limited, a joint venture of Adani Group and French major TotalEnergies, announced that it was establishing EV charging networks across India, including agreements with Mahindra & Mahindra and MG Motor India to install DC charging points at dealerships and build large super-charging hubs. Shares of Adani Enterprises were trading at ₹2,369.35 apiece at 2.09 pm on the BSE on Monday.
