Aditya Infotech Ltd, the company behind the CP Plus video surveillance brand, is set to launch its Rs 1,300 crore initial public offering (IPO) on July 29. The offering includes a fresh issue of Rs 500 crore and an offer-for-sale (OFS) of Rs 800 crore by existing stakeholders.
Key IPO Details
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- Price band: Rs 640 to Rs 675 per share
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- Subscription period: July 29 to July 31
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- Lot size: 22 shares
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- Listing date: August 5 on NSE and BSE
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- Anchor book opens: July 28
Fund Allocation
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- Rs 375 crore earmarked for debt repayment
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- Remaining funds to be used for general corporate purposes
Business Snapshot
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- Aditya Infotech is India’s largest homegrown video security solutions provider
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- Offers smart IoT cameras, HD analog systems, and AI-powered surveillance tools under CP Plus
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- Serves enterprise and consumer segments across 500+ cities
Financials and Market Position
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- FY24 revenue: Rs 2,795.96 crore; net profit: Rs 115.17 crore
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- Total borrowings as of March 2024: Rs 405.45 crore
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- Strong distribution network and partnerships with Dahua and Dixon Technologies
Investor Quota
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- 75% reserved for Qualified Institutional Buyers (QIBs)
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- 15% for Non-Institutional Investors (NIIs)
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- 10% for retail investors
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- Rs 6 crore worth of shares reserved for employees
This IPO marks a strategic inflection point for Aditya Infotech as it seeks to strengthen its financial health and expand its leadership in India’s growing security tech market.
Sources: Economic Times, Business Today, LiveMint, NDTV Profit, MoneyMintIdea.