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Time of India
5 days ago
- Business
- Time of India
Aditya Infotech shares rally 8% on trading debut. What should investors do?
Shares of surveillance tech firm Aditya Infotech surged as much as 8% on their stock market debut on Tuesday, delivering strong gains to IPO investors and surpassing pre-listing expectations. The performance prompted market participants to weigh near-term valuation risks against the company's long-term structural potential, as analysts flagged stretched valuations and recommended selective accumulation following the listing pop. The stock opened at Rs 1,018 on the BSE, a 50.8% premium to its issue price of Rs 675, and at Rs 1,015 on NSE, reflecting a 50.4% debut gain. It rose further during the session, hitting an intraday high of Rs 1,095 on BSE and Rs 1,094 on NSE, translating to gains of around 7.6%–7.8% over the opening price. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Listing surpasses grey market expectations The listing performance surpassed the last grey market premium (GMP) of Rs 305, which implied an expected listing gain of around 45.2%. Aditya Infotech is now the most successful Indian IPO of 2025 by listing gain, edging past GNG Electronics, which debuted last month at a 49.8% premium. The Rs 1,300 crore IPO included a Rs 500 crore fresh issue and a Rs 800 crore offer for sale. The issue received a strong response from investors, with total subscription reaching 106.23 times, led by QIBs (140.5x), followed by non-institutional investors (75.93x) and retail investors (53.81x). Ahead of the issue, Aditya Infotech raised Rs 582.3 crore from anchor investors. Live Events 'After the euphoria': What should investors do? 'The CP PLUS parent and a leading player in India's electronic security space delivered a spectacular stock market debut, listing at over Rs 1,015—up 51% from its IPO price of Rs 675. But after the initial euphoria, investors are now asking a more fundamental question: Is there value at current levels?' said Sourav Choudhary, Managing Director at Raghunath Capital. 'At the listing price, Aditya Infotech trades at a P/E multiple of ~52x FY25 projected earnings—a notable premium to peers in the hardware and surveillance equipment space. While its brand strength, wide distribution network, and government-aligned product portfolio justify a valuation premium, the current price leaves limited room for near-term upside unless growth exceeds expectations,' he added. Analysts expect the company's earnings to grow at a CAGR of 22–25% over the next three years, driven by smart city projects, public sector demand, and increasing adoption of home-security solutions. However, Choudhary cautioned that import dependence on China and the risk of margin compression remain key concerns. 'Any forex volatility or policy changes around electronics sourcing could impact profitability,' he noted. Despite these risks, Choudhary sees long-term potential in the stock. 'Many view Aditya Infotech as a structural play on India's security-tech upcycle, with room to scale through product innovation, direct-to-retail expansion, and AI-integrated surveillance solutions.' Verdict: 'While short-term investors may look to book partial profits post-listing, long-term investors could consider accumulating on dips—particularly if the stock cools toward the Rs 940–980 range, aligning valuations more closely with sustainable earnings growth,' Choudhary advised. Company Fundamentals and Growth Outlook Aditya Infotech is India's largest provider of video surveillance equipment, operating under its flagship brand CP PLUS. It has a presence in over 550 cities, supported by a vast network of 1,000+ distributors and 2,100 system integrators. Its product lineup includes IoT-enabled home cameras, AI-driven surveillance systems, and industrial-grade security infrastructure. For FY25, the company reported a net profit of Rs 351 crore on revenue of Rs 3,123 crore, reflecting a 205% year-on-year surge in profit. IPO proceeds are earmarked for Rs 375 crore in debt repayment, with the rest allocated to general corporate purposes. Also read | Aditya Infotech shares soar 51% on debut, biggest IPO listing gain of 2025
Economic Times
6 days ago
- Business
- Economic Times
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)
Time of India
6 days ago
- Business
- Time of India
Aditya Infotech shares soar 51% on debut, biggest IPO listing gain of 2025
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel 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 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 the BSE, the shares of Aditya Infotech got listed for Rs 1,018 and Rs 1,015 on 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 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 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 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 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 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.
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Business Standard
30-07-2025
- Business
- Business Standard
GNG Electronics shares list at 50% premium; should book profit or hold?
GNG Electronics IPO listing, GNG Electronics share price today: Shares of laptops and desktops refurbisher GNG Electronics made a solid D-Street debut on Wednesday, July 30, following the completion of its initial public offering (IPO). GNG Electronics shares listed at ₹355 on the National Stock Exchange (NSE), marking a premium of ₹118 or approximately 49.79 per cent over the issue price of ₹237. On the BSE, the shares debuted slightly lower at ₹350, reflecting a premium of ₹113 or around 47.68 per cent. GNG Electronics IPO listing outperformed the grey market estimates. Ahead of their D-Street debut, the unlisted shares of GNG Electronics were trading at ₹327 per share, reflecting a grey market premium (GMP) of ₹90 or 37.97 percent over the issue price, according to sources tracking unofficial market activity. Should prook profit or hold? The market analysts suggest the investors book a partial profit in the company's shares. Post-listing, the valuations, Prashanth Tapse, senior VP (Research), Mehta Equities said, appear stretched, limiting immediate upside potential from current levels. In light of this, Tapse believes conservative investors should consider booking profits and capitalizing on the initial momentum. 'Investors with a higher risk appetite or a long-term horizon may choose to hold, given the company's scalable business model, strong positioning within the SME tech segment, and alignment with favorable sectoral trends. These fundamentals, in our view, support sustained long-term growth despite potential short-term volatility,' Tapse added. Shivani Nyati, head of wealth, Swastika Investmart, echoed similar views and also recommended that investors secure partial profits while retaining the remainder of their holdings. 'The company has a significant presence across India, the USA, Europe, Africa, and the UAE. It is a leading Indian provider of reconditioned IT equipment and related services globally. The company has shown steady growth in both its top and bottom lines over the reported periods,' Nyati noted. The public offering received an overwhelming response from the investors with it getting oversubscribed by 147.93 times riding on the back of the qualified institutional buyers (QIBs), who subscribed 266.21 times the portion reserved for them. The basis of allotment was finalized on July 28, 2025. The company has set the issue price at ₹237 per share. GNG Electronics, on its red herring prospectus (RHP), has said that it will not receive any proceeds from the OFS, as those will go to the selling promoters. The company, however, proposes to utilise the proceeds from the fresh issue for the prepayment and/or repayment, in full or in part, of certain outstanding borrowings availed by the company and its material subsidiary, Electronics Bazaar FZC. GNG Electronics will further use the proceeds for general corporate purposes. About GNG Electronics Incorporated in 2006, GNG Electronics is India's largest refurbisher of laptops and desktops and among the largest refurbishers of ICT devices overall, both globally and in India, with significant presence across India, USA, Europe, Africa, and UAE, in terms of value, as of March 31, 2025. The company operates under the brand 'Electronics Bazaar,' with presence across the full refurbishment value chain, i.e., from sourcing to refurbishment to sales, to after–sales services and providing warranty. As of March 31, 2025, the company has a comprehensive portfolio of 5,840 SKUs.
Mint
30-07-2025
- Business
- Mint
GNG Electronics share price falls after strong listing. Should you buy, sell or hold the stock?
GNG Electronics share price traded lower after making a stellar debut in the Indian stock market today. GNG Electronics IPO listing date was today, 30 July 2025, and the equity shares of the company were listed with a strong premium on the BSE and NSE. GNG Electronics shares were listed at ₹ 355 apiece on the NSE, a premium of 49.79% to its issue price of ₹ 237 per share. On the BSE, GNG Electronics shares opened at ₹ 350 apiece, a premium of 47.68%. However, after the listing, GNG Electronics shares witnessed profit booking and fell 7% from its listing price. GNG Electronics IPO listing was better than the Street estimates, as analysts and GNG Electronics IPO GMP today, or grey market premium today, indicated a 30-40% listing premium. After a stellar listing, here's what investors should do with GNG Electronics shares. GNG Electronics offers refurbishing services for laptops, desktops and ICT Devices, both globally and in India. The company has a significant presence across India, USA, Europe, Africa and UAE. The company is the leading Indian provider of reconditioned IT equipment and offers associated services all over the world. It is the partner of choice for large IT hardware firms. Prashanth Tapse, Sr VP - Research & Research Analyst, Mehta Equities Ltd noted that GNG Electronics shares made a solid market debut, largely in line with the expectations, reflecting robust investor enthusiasm. 'The post-listing valuations appear stretched, limiting immediate upside potential from current levels. In light of this, we believe conservative investors should consider booking profits and capitalizing on the initial momentum. While investors with a higher risk appetite or a long-term horizon may choose to HOLD, given the company's scalable business model, strong positioning within the SME tech segment, and alignment with favourable sectoral trends. These fundamentals, in our view, support sustained long-term growth despite potential short-term volatility,' said Tapse. Shivani Nyati, Head of Wealth at Swastika Investmart Ltd. said that GNG Electronics marked steady growth in its top and bottom lines for the reported periods. 'Investors are recommended to secure partial profits and retain the remainder with a stop-loss set at ₹ 280,' Nyati said. At 1:00 PM, GNG Electronics share price was trading at ₹ 337.50 apiece on the BSE, lower by 3.57% from its listing price, and 42.41% higher than its issue price. Disclaimer: 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.
