Latest news with #AIL
Business Standard
27 minutes 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
12 hours 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
a day 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.
Irish Examiner
14-07-2025
- Sport
- Irish Examiner
Paul O'Connell: 'These guys are capable of taking on stronger opposition'
Portugal 7 Ireland 106 Saturday started with Scotland slipping to defeat against Fiji in Suva. It ended with England claiming a series win at the expense of Argentina in San Juan. Wales broke an 18-game winless run in Japan in between, a second-string French team sucked up some hard lessons in defeat to New Zealand, while Italy were outclassed by 14 against the Springboks. Some of those exercises were more worthwhile than others. Every one of them was of infinitely more value to the Six Nations sides involved than this cringe of an occasion at the Estadio Nacional on the outskirts of the Portuguese capital where Paul O'Connell's romped to a record win for an Irish men's Test team. Sixteen tries were scored against a host playing its first game for four months, and its last for another four. A side made up mostly of part-timers, the majority of them had prepared by playing in a local league the last 10 weeks that wouldn't match the AIL on its best day. Portugal coach Simon Mannix said that they had been basically trying to 'bluff' it. 'Yeah, the opposition could have been stronger, for sure,' said O'Connell when asked if it would have served Ireland better to be put to the pin of their collar in Tokyo or Buenos Aires. 'These guys are definitely capable of taking on stronger opposition, but it is what it is.' The stand-in Ireland head coach had by that stage already lamented the lack of a third summer run for an inexperienced squad that has been operating without so many players, coaches and backroom staff as a result of the secondments to the British and Irish Lions expedition in Australia. The original plan had been for a third Test in Bucharest against Romania but then the Eastern Europeans are still digesting a record loss to another Tier 2 nation this week having gone down 70-8 to Uruguay in Montevideo. That Ireland won't be crossing their paths is no small mercy for all concerned. It's no wonder then that O'Connell found himself waxing lyrical about the benefit of the tour in a wider sense, focusing in on the worth to young players of being in camp for a month and exposed to the jargon and the culture and the workrate and leadership of men like captain Craig Casey and Ryan Baird. The Munster legend, while reluctant to pick out individuals who have impressed, explained how Finlay Bealham, now with the Lions after a late call-up, has benefited by singling out areas of his game and prep that others do well and tapping them up for pointers when in the national camp environs. 'That's been a big thing for us. We see it on the Emerging [Ireland] tours, they just need an opportunity, whether it is with Ireland or with their provinces. There are some very, very good players and they just have to gain the experience. 'They have to play a game, review it, train. Play a game again, be reviewed and accumulate. That's what a lot of our frontliners are doing with their provinces and Ireland: they are playing games and reviewing it and putting that into place. Others just need that chance.' Boil it all down and Ireland scored 140 points and 20 tries over the last two weekends while conceding two. There were nine Test debuts handed out with Shayne Bolton, Hugh Gavin and Alex Kendellen, the three newbies in Lisbon, all getting on the scoresheet two days ago. To be fair to Ireland, they never stopped playing their game their way in the face of a paper-thin Portuguese defence. Time and again teams have lost their shape and their focus in such circumstances. Not here, not even with the beach within touching distance, almost literally and figuratively, at the end of such a long campaign. Whatever about the opposition, it's been good to see the likes of Bolton, Tommy O'Brien, Ben Murphy and Alex Kendellen wearing green jerseys at this grade while people like Casey, Jimmy O'Brien and Ryan Baird got to step up to roles of seniority. It's not yet confirmed if there will be another Emerging Ireland tour next season. O'Connell touched on the strains the concept can cause provinces and coaches while extolling the virtues of the time benefits to be accrued by those in need of such training wheels on the road to better things. Simon Easterby, his colleague on Andy Farrell's staff, has taken the head role on previous such ventures and challenged players involved to put their hands up for squads to follow come the November and Six Nations windows. O'Connell would do the same while painting this as a picture with a greater measure of depth. 'It's not just about that first game up [against New Zealand in Chicago in November], it's about the next two years.' Portugal: N Sousa Guedes; S Bento; V Pinto, T Appleton, M C Pinto; H Aubry, H Camacho; D Costa, L Begic, D H Ferreira; A R Andrade, P Ferreira; D Wallis, N Martins, D Pinheiro. Replacements: G Aviragnet for Appleton (21); F Almeida for Aviragnet (33); G Costa for Andrade (50); M Souto for Begic and A Cunha for Costa (both 57); PS Lopes for Begic (57); AR Andrade for Ferreira (60); V Baptista for Pinheiro 62). Ireland: J O'Brien; T O'Brien, H Gavin, S McCloskey, S Bolton; J Crowley, C Casey; J Boyle, G McCarthy, T Clarkson; T Ahern, D Murray; R Baird, A Kendellen, C Prendergast. Replacements: M Deegan for Baird, M Milne for McCarthy, T Stewart for Boyle, T O'Toole for Clarkson and C Frawley for McCloskey (all 52); C Nash for T O'Brien (54); C Izuchukwu for Murray (60); B Murphy for Casey (61). Referee: A Leal (RFU).
