Aditya Infotech IPO Opens on July 29: All You Need to Know About the ₹1,300 Crore Issue

Mumbai, 24 July 2025: Aditya Infotech Limited, a leading Indian video surveillance solutions provider, is set to launch its ₹1,300 crore Initial Public Offering (IPO) on Tuesday, July 29, 2025. The public issue comprises a fresh equity issue worth ₹500 crore and an offer for sale (OFS) amounting to ₹800 crore, offering investors a mixed bag of new shares and promoter offloading.

₹1,300 Crore IPO to Open on July 29: Key Dates and Structure

The IPO will remain open for subscription from July 29 to July 31, 2025. The allotment of shares is expected on August 1, 2025, followed by refunds and credit of shares on August 4, with listing on BSE and NSE slated for August 5, 2025.

• IPO Open Date: July 29, 2025 (Tuesday)
• IPO Close Date: July 31, 2025 (Thursday)
• Allotment Date: August 1, 2025 (Friday)
• Refund Initiation & Credit to Demat: August 4, 2025 (Monday)
• Listing Date: August 5, 2025 (Tuesday)
• Price Band: ₹640 – ₹675 per equity share
• Lot Size: 22 shares
• Face Value: ₹1 per share
• Type: Bookbuilding Issue
• Employee Discount: ₹60 per share
• Lead Manager: ICICI Securities
• Registrar: MUFG Intime India Private Limited

Retail Investors Can Start with Just ₹14,850: Investment Limits Explained

Retail investors can apply for a minimum of one lot (22 shares), requiring an investment of ₹14,850. The maximum for retail is 13 lots or 286 shares at ₹1,93,050. Meanwhile, small non-institutional investors (sNII) must apply for at least 14 lots (308 shares) at ₹2,07,900, and big non-institutional investors (bNII) can invest in 68 lots (1,496 shares) for ₹10,09,800.

Who Gets What: Category-Wise IPO Reservation

The IPO has a structured reservation system:

• Qualified Institutional Buyers (QIBs): Not less than 75% of the net offer
• Non-Institutional Investors (NIIs): Not more than 15% of the net offer
• Retail Investors: Not more than 10% of the net offer

Employee bids and combined applications under Employee + RII/NII categories are permitted within defined limits.

Aditya Infotech: India’s Largest Homegrown Video Surveillance Brand

Aditya Infotech Limited (AIL), widely recognised through its CP Plus brand, is India’s largest player in the electronic security and surveillance market. The company offers a wide spectrum of products, including smart home IoT cameras, HD analog and advanced network cameras, thermal and body-worn devices, and AI-powered solutions such as number plate recognition and people counting.

AIL serves both commercial and residential segments, distributing across 500+ cities through a vast network of 800+ distributors and 2,200+ system integrators. It operates 40 branches and RMA centres, with 10 warehouses strategically placed across India, and a large manufacturing unit in Kadapa, Andhra Pradesh. As of March 31, 2024, AIL employed 970 people.

IPO Proceeds to Strengthen Balance Sheet and Expand Operations

Aditya Infotech plans to use the net proceeds from the fresh issue primarily for the following:

• ₹375 crore for repayment or prepayment of existing borrowings
• Remaining funds to be used for general corporate purposes

This move is aimed at reducing debt burden and enhancing operational agility.

Financial Performance Reflects Robust Growth Momentum

Aditya Infotech’s financial performance shows a consistent upward trend over the past three years (FY22 to FY24). As per restated consolidated results, revenue rose from ₹1,661.65 crore in FY22 to ₹2,795.96 crore in FY24, indicating strong market demand. Profit After Tax (PAT) also saw steady growth, moving from ₹96.93 crore in FY22 to ₹115.17 crore in FY24. During the same period, net worth jumped from ₹286.97 crore to ₹424.2 crore, while borrowings increased moderately to ₹405.45 crore.

Key Financial Ratios Point to Operational Efficiency and Profitability

As of March 31, 2025, Aditya Infotech’s key performance indicators reflect a solid financial footing and operational efficiency. The company posted an impressive Return on Equity (ROE) of 34.53% and Return on Capital Employed (ROCE) of 33.27%, underscoring its ability to generate returns from shareholders’ funds and total capital. A low Debt-to-Equity Ratio of 0.41 indicates prudent financial leverage. Further, with a Return on Net Worth (RoNW) of 27.15%, PAT Margin of 11.25%, and EBITDA Margin of 8.27%, the company demonstrates healthy profitability. Its Price-to-Book Value of 16.31 signals strong market confidence and premium valuation

Promoters and Shareholding Pattern

The company is promoted by Hari Shanker Khemka, Aditya Khemka, Ananmay Khemka, and the Hari Khemka Business Family Trust. The pre-issue promoter holding stands at 89.01%, and post-issue shareholding will be adjusted based on the equity dilution.

Aditya Infotech’s IPO comes at a time when demand for smart surveillance and security systems is booming across both urban and semi-urban India. With a robust product portfolio, expansive distribution network, and sound financials, the company positions itself as a formidable player in the fast-growing security tech landscape. For investors eyeing strong fundamentals and industry relevance, the Aditya Infotech IPO may be worth a close look.

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