Latest news with #AIL
Business Standard
17 hours ago
- Business
- Business Standard
Aditya Infotech IPO subscribed 100.69 times
The offer received bids for 113 crore shares as against 1.12 crore shares on offer. The initial public offer of Aditya Infotech received bids for 1,13,00,92,216 shares as against 1,12,23,759 shares on offer, according to stock exchange data at 17:30 IST on Thursday (31 July 2025). The issue was subscribed 100.69 times. The issue opened for bidding on 29 July 2025 and it will close on 31 July 2025. The price band of the IPO is fixed between Rs 640 and 675 per share. An investor can bid for a minimum of 22 equity shares and in multiples thereof. The IPO includes a new issue of Rs 400 crore and a sale offer of Rs 800 crore. From the new issue proceeds, Rs 375 crore will be used to repay, prepay, or fully redeem some of the company's borrowings. The rest of the amount will go toward general corporate purposes. Aditya Infotech (AIL) is a leading provider of video surveillance products and solutions in India under the CP Plus brand. The company offers a wide range of security systems, including IoT cameras, HD analog systems, AI-powered surveillance, and smart home solutions. AIL serves sectors like banking, real estate, defense, and retail through a distribution network of over 1,000 distributors and 2,100 system integrators across 550+ cities. Its operations are supported by 41 branch offices, 13 RMA centers, 10 warehouses, and a manufacturing facility in Kadapa, Andhra Pradesh, with an annual capacity of 17.2 million units. In September 2024, AIL acquired Dixon Technologies stake in their manufacturing joint venture to strengthen in-house production capabilities. Ahead of the IPO, Aditya Infotech on Monday, 28 July 2025, raised Rs 108.03 crore from anchor investors. The board allotted 86.26 lakh shares at Rs 675 each to 54 anchor investors. The firm reported a consolidated net profit of Rs 351.37 crore and sales of Rs 3,111.87 crore for the twelve months ended on 31 March 2025.
Business Standard
2 days ago
- Business
- Business Standard
Aditya Infotech IPO subscribed 6.87 times
The offer received bids for 7.71 crore shares as against 1.12 crore shares on offer. The initial public offer of Aditya Infotech received bids for 7,71,16,314 shares as against 1,12,23,759 shares on offer, according to stock exchange data at 17:00 IST on Wednesday (30 July 2025). The issue was subscribed 6.87 times. The issue opened for bidding on 29 July 2025 and it will close on 31 July 2025. The price band of the IPO is fixed between Rs 640 and 675 per share. An investor can bid for a minimum of 22 equity shares and in multiples thereof. The IPO includes a new issue of Rs 400 crore and a sale offer of Rs 800 crore. From the new issue proceeds, Rs 375 crore will be used to repay, prepay, or fully redeem some of the company's borrowings. The rest of the amount will go toward general corporate purposes. Aditya Infotech (AIL) is a leading provider of video surveillance products and solutions in India under the CP Plus brand. The company offers a wide range of security systems, including IoT cameras, HD analog systems, AI-powered surveillance, and smart home solutions. AIL serves sectors like banking, real estate, defense, and retail through a distribution network of over 1,000 distributors and 2,100 system integrators across 550+ cities. Its operations are supported by 41 branch offices, 13 RMA centers, 10 warehouses, and a manufacturing facility in Kadapa, Andhra Pradesh, with an annual capacity of 17.2 million units. In September 2024, AIL acquired Dixon Technologies stake in their manufacturing joint venture to strengthen in-house production capabilities. Ahead of the IPO, Aditya Infotech on Monday, 28 July 2025, raised Rs 108.03 crore from anchor investors. The board allotted 86.26 lakh shares at Rs 675 each to 54 anchor investors. The firm reported a consolidated net profit of Rs 351.37 crore and sales of Rs 3,111.87 crore for the twelve months ended on 31 March 2025.
Mint
2 days ago
- Business
- Mint
Aditya Infotech IPO day 2 Live: GMP jumps! Subscription status, review, other details; apply or not?
Aditya Infotech IPO day 2 Live: Aditya Infotech Limited's initial public offering (IPO) opened yesterday and will continue until 31 July 2025. The video security and surveillance products solutions company has declared Aditya Infotech IPO price band at ₹ 640 to ₹ 675 per equity share. The public issue aims to raise ₹ 1,300 crore, out of which ₹ 500 crore is aimed through the issuance of fresh problems, while the remaining ₹ 800 crore is reserved for offer-for-sale (OFS). The initial public offer is proposed for listing on the NSE and the BSE. The public issue got gully subscribed on day 1 of bidding, which signals the kind of buzz it has in the Indian primary market. Aditya Infotech IPO received a strong response from investors on day 1, which is reflected in the Aditya Infotech IPO subscription status. The company's shares of video security and surveillance products solutions are available in the grey market at a robust premium. According to market observers, Aditya Infotech shares are available at a premium of ₹ 255 in today's grey market, which is ₹ 38 higher than Aditya Infotech's IPO GMP of ₹ 217 on Tuesday. Today, Aditya Infotech's IPO GMP signals a listing gain of around 38% for potential investors. According to market observers, improvement in the secondary market bias and strong investor response to Aditya Infotech IPO could be the possible reason for the rise in the positive sentiment in Aditya Infotech IPO GMP. They said that the market is expecting further improvement in Dalal Street sentiment, and hence, there can be some more improvement in the grey market sentiment regarding Aditya Infotech IPO. By 5:00 PM on day 1 of bidding, the public issue had been booked 2.05 times, the retail portion of the public offer had been subscribed 6.52 times, the NII segment had been filled 3.16 times, while the QIB portion had been subscribed 0.01 times. On whether one should apply to the ppublic issue or not, Anshul Jain, Head of Research at Lakshmishree Investment, said, "Aditya Infotech Ltd. (AIL) stands out with its dominant market share, deep channel network, and AI-powered, 'Make in India-aligned product line making it a strong contender in India's growing security and surveillance sector. Its robust revenue growth and strategic manufacturing base in Kadapa reinforce long-term potential. However, high dependence on China for components and concentrated revenue streams tied to surveillance gear pose risks. Still, its tech-driven mindset and future-ready solutions make it more than just a distributor—it's a backbone of the security ecosystem. With scalable growth and strong fundamentals, we rate this IPO as a Subscriber for long-term wealth creation." Ventura Securities has also assigned a 'subscribe' tag to the public issue, saying, "Aditya Infotech Limited (AIL), under the CP Plus brand, is strategically positioned to capitalise on the expanding Indian video surveillance market, which is projected to grow from INR 4,320 Cr in FY 2020 to INR 11,310 Cr by FY2029. This growth is driven by government initiatives such as Smart Cities, Digital India, and PM Gati Shakti, alongside increased private sector adoption for advanced use cases like number plate recognition and people counting. The residential segment alone is expected to grow at a CAGR of 15.1% in revenue from FY 2024 to FY 2029. With a diversified product portfolio and a strong pan-India distribution network, AIL is well-placed to leverage these industry tailwinds." Aditya Birla Money, Canara Bank Securities, and Reliance Securities have also assigned the public issue a 'subscribe' tag. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
3 days ago
- Business
- Business Standard
Aditya Infotech IPO subscribed 2.04 times
The offer received bids for 2.29 crore shares as against 1.12 crore shares on offer. The initial public offer of Aditya Infotech received bids for 2,29,51,676 shares as against 1,12,23,759 shares on offer, according to stock exchange data at 17:00 IST on Tuesday (29 July 2025). The issue was subscribed 2.04 times. The issue opened for bidding on 29 July 2025 and it will close on 31 July 2025. The price band of the IPO is fixed between Rs 640 and 675 per share. An investor can bid for a minimum of 22 equity shares and in multiples thereof. The IPO includes a new issue of Rs 400 crore and a sale offer of Rs 800 crore. From the new issue proceeds, Rs 375 crore will be used to repay, prepay, or fully redeem some of the company's borrowings. The rest of the amount will go toward general corporate purposes. Aditya Infotech (AIL) is a leading provider of video surveillance products and solutions in India under the CP Plus brand. The company offers a wide range of security systems, including IoT cameras, HD analog systems, AI-powered surveillance, and smart home solutions. AIL serves sectors like banking, real estate, defense, and retail through a distribution network of over 1,000 distributors and 2,100 system integrators across 550+ cities. Its operations are supported by 41 branch offices, 13 RMA centers, 10 warehouses, and a manufacturing facility in Kadapa, Andhra Pradesh, with an annual capacity of 17.2 million units. In September 2024, AIL acquired Dixon Technologies stake in their manufacturing joint venture to strengthen in-house production capabilities. Ahead of the IPO, Aditya Infotech on Monday, 28 July 2025, raised Rs 108.03 crore from anchor investors. The board allotted 86.26 lakh shares at Rs 675 each to 54 anchor investors. The firm reported a consolidated net profit of Rs 351.37 crore and sales of Rs 3,111.87 crore for the twelve months ended on 31 March 2025.
Business Standard
17-07-2025
- Business
- Business Standard
Axtel Industries slumps after weak Q1 performance
Axtel Industries tumbled 4.60% to Rs 468.50 after the company reported 53.8% fall in net profit to Rs 1.90 crore in Q1 FY26 from Rs 4.11 crore in Q1 FY25. Net sales declined by 39.1% year-over-year (YoY) to Rs 27.22 crore during the quarter. Total operating expenditure fell by 34.4% to Rs 25.71 crore in Q1 FY25 as compared with Q1 FY25. Profit before tax in Q1 FY26 stood at Rs 2.17 crore, down by 59.4% from Rs 5.34 crore in Q1 FY25. Axtel Industries (AIL) is engaged in manufacturing processing equipment, machineries, and systems for food processing industry. AIL offers complete process plants as well as individual equipment in the food processing value chain from raw material reception to final stages of processing in confectionery, malted drinks, aqua feed, ready to eat foods, bakery & biscuits, dairy products, beverages, instant mixes, snack foods, spices, condiments & seasoning segment.
