Key Highlights:
- Aditya Infotech listed at Rs 1,015 vs IPO price of Rs 675 — up over 53 percent.
- IPO was subscribed 100.69 times, showing huge investor demand.
- Company raised Rs 1,300 crore; Rs 375 crore to be used for debt repayment.
Mumbai: Aditya Infotech, the company behind the popular CP Plus security and surveillance brand, saw its shares skyrocket on their stock market debut today. The company’s shares listed at Rs 1,015 apiece on the NSE, a solid 50.37 percent premium over the IPO price of Rs 675. On the BSE, shares opened at Rs 1,018 and climbed further to Rs 1,035.05, taking the gain to over 53.34 percent.
This sharp rise comes at a time when the broader market was in the red, with both the Sensex and Nifty trading lower.
IPO Sees Massive Demand
Aditya Infotech’s Rs 1,300 crore Initial Public Offering (IPO) was in huge demand. The issue was subscribed 100.69 times by investors. Ahead of the IPO, the company also raised over Rs 582 crore from anchor investors.
The IPO price band was set at Rs 640–Rs 675 per share. The offering included a fresh issue worth Rs 500 crore and an Offer For Sale (OFS) of Rs 800 crore by promoters.
Where Will the Money Go?
From the fresh issue, Aditya Infotech plans to use around Rs 375 crore to repay its debts. The rest will go towards general corporate purposes, helping the company strengthen its financial position.
With today’s strong listing, Aditya Infotech’s market valuation crossed Rs 12,180 crore on the BSE.
What Does Aditya Infotech Do?
The company is well-known for offering a wide range of video security and surveillance products under the CP Plus brand. Its products serve both consumer and enterprise customers.
Aditya Infotech also offers security-as-a-service, integrated security systems, and tech solutions — either directly or through its large distribution network.
Bright Start for the New Listing
Despite a weak market overall, Aditya Infotech’s strong brand, solid financials, and high demand helped it deliver one of the best debuts in recent times. Investors now wait to see how the company performs in the long run.
(With PTI Inputs)
