Aditya Infotech Ltd, known for its CP Plus surveillance brand, has launched a ₹1,300 crore IPO with a price band of ₹640–₹675 per share. The issue is open from July 29 to July 31, 2025, and is already fully subscribed on Day 1. It includes a fresh issue of ₹500 crore and an offer-for-sale of ₹800 crore. The company has strong financials, a growing market share in security systems, and a widespread distribution network. The grey market premium stands around ₹45, indicating potential listing gains. Shares are expected to list on August 5, 2025.
IPO Overview
- Issue Size: ₹1,300 crore (₹500 crore fresh issue + ₹800 crore offer-for-sale).
- Price Band: ₹640 – ₹675 per share.
- Lot Size: 22 shares per lot
- Minimum Investment: ₹14,080–₹14,850 depending on brokerage platform.
IPO Timeline
| Event | Date |
|---|---|
| Bidding Period | July 29 – July 31, 2025 |
| Allotment | ~ August 1, 2025 |
| Refunds / Demat | ~ August 4, 2025 |
| Listing Date | August 5, 2025 on BSE & NSE |
Grey Market & Subscription Status
- Grey Market Premium (GMP): Currently around ₹45, signaling moderate optimism among investors.
- Subscription Status:
- IPO fully 150% subscribed on Day 1, with retail investors oversubscribing 5×.
- Analysts estimate potential listing gain near 38–40% if GMP translates into actual market listing price.
Company Snapshot
- Business:
Aditya Infotech specializes in CCTV and video surveillance equipment sold under its CP Plus brand. They offer DVRs, access control, AI cameras, IoT-enabled security systems, and managed services across sectors including government, corporate, retail, and infrastructure. - Scale & Reach:
- ~20.2% market share in India’s surveillance space (FY24)
- Manufacturing capacity of ~15.6 million units/year at Kadapa facility, Andhra Pradesh
- R&D center in Noida, distribution across 500+ cities with 800+ distributors, 2,200 system integrators.
- Financial Highlights:
- Strengths & Risks: Strong domestic presence, manufacturing scale, comprehensive portfolio; risk includes supplier dependence, capacity utilization, and product quality controls.
Should You Apply?
- Pros:
- Strong demand seen in GMP and early subscription
- Well-established player in a fast-growing security tech segment
- Solid financial trajectory, manufacturing and R&D capabilities
- Considerations:
- ₹640–₹675/share valuation translates to P/B of ~7 based on ICICI estimates.
- Manufacturing and supply-chain risks may impact execution.
- Market performance may cap listing gains if sentiment shifts.
Application Tips
- Apply via UPI through your broker or bank platform once IPO opens on July 29
- Retail investors can apply up to ₹2 lakh
- Use cut-off or custom bid price strategies strategically
Summary
- IPO Name: Aditya Infotech Ltd (CP Plus)
- Opening: July 29 – July 31, 2025
- Price: ₹640–₹675, Lot Size: 22 shares
- Issue Size: ₹1,300 crore fresh
- Tentative Listing: August 5 on BSE & NSE
- Early GMP: ₹45, fully subscribed Day 1, listing gains ~38–40%
