Aditya Infotech Launches ₹1,300 Crore IPO to Boost Growth and Repay Debt

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Aditya Infotech, the company behind the CP Plus surveillance brand, has launched its initial public offering (IPO) valued at ₹1,300 crore. The issue will open for public subscription on July 29 and close on July 31.

The IPO consists of a fresh equity issue of ₹500 crore and an offer-for-sale (OFS) worth ₹800 crore by existing shareholders. The company has set the price band for the IPO between ₹640 and ₹675 per share. Anchor investors will be able to subscribe on July 28.

Aditya Infotech plans to use ₹375 crore from the fresh issue proceeds for partial repayment of borrowings. The remaining funds will be used for general corporate purposes and to strengthen the company’s operations and infrastructure.

The IPO will be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), with the expected listing date set for August 5. The basis of allotment will be finalized on August 1, while refunds and credit of shares to demat accounts are scheduled for August 2 and August 4, respectively.

Of the total offer, 75 percent is reserved for qualified institutional buyers (QIBs), 15 percent for non-institutional investors (NIIs), and 10 percent for retail investors. The lot size for retail investors is 22 shares, requiring a minimum investment of approximately ₹14,080. ICICI Securities and IIFL Securities are the book-running lead managers for the issue, while MUFG Intime India has been appointed as the registrar.

Aditya Infotech is a major player in India’s video surveillance market, primarily offering products under the CP Plus brand. The company’s offerings include network and analog cameras, digital video recorders (DVRs), and network video recorders (NVRs). It also provides AI-based security solutions and services across consumer and enterprise sectors.

The company reported a 12 percent year-on-year increase in revenue and a 205 percent surge in net profit in the fiscal year ending March 2025. With a current annual manufacturing capacity of 1.5 million units, the company aims to scale this up to 2.5 million units by the first quarter of FY27.