Aditya Infotech, the company behind the popular 'CP Plus' brand of video security and surveillance products, made a stellar debut on the Indian stock exchanges today. The shares listed at significant premiums, reflecting strong investor interest following an overwhelmingly subscribed initial public offering (IPO).

Strong Listing Performance

The company's shares opened at ₹1,018.00 on the Bombay Stock Exchange (BSE) and ₹1,015.00 on the National Stock Exchange (NSE), representing impressive premiums of 50.81% and 50.37% respectively over the issue price of ₹675.00. This robust listing comes on the heels of a highly successful ₹1,300.00-crore IPO that saw extraordinary demand across investor categories.

IPO Subscription Details

The public offering witnessed remarkable investor enthusiasm:

Offer Structure and Pricing

The IPO comprised:

• A fresh issue of shares worth ₹500.00 crore
• An offer for sale (OFS) of ₹800.00 crore by the company's promoters

Aditya Infotech had set the price band for the issue at ₹640.00-675.00 per share.

Utilization of Funds

Of the ₹500.00 crore raised through the fresh issue:

• ₹375.00 crore has been allocated for debt repayment
• The remaining funds will be used for general corporate purposes

Anchor Investment

Prior to the public offering, Aditya Infotech successfully raised over ₹582.00 crore from anchor investors. Notable participants included:

• Government of Singapore
• HDFC Mutual Fund
• SBI Mutual Fund
• Goldman Sachs
• Abu Dhabi Investment Authority

Company Overview

Aditya Infotech, operating under the 'CP Plus' brand, has established itself as a significant player in India's video security sector, commanding a 25% market share. The company's financial performance has been robust, with recent figures showing:

• Revenue: ₹3,123.00 crore
• Net Profit: ₹351.00 crore
• Year-on-Year Profit Growth: 205%

The strong market debut of Aditya Infotech reflects investor confidence in the company's business model and growth prospects in the burgeoning video security and surveillance market. As the trading day progresses, market participants will be keenly watching the stock's performance and its potential impact on the broader security technology sector.

Aditya Infotech Ltd., a leading provider of video security and surveillance solutions, is set to make its stock market debut on Tuesday, August 5, with shares listing on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The company's initial public offering (IPO) has generated significant interest among investors, reflected in the strong grey market premium.

Expected Listing Price

The grey market is indicating a robust premium for Aditya Infotech shares. With a grey market premium of Rs 300.00, the expected listing price stands at Rs 975.00 per share. This represents a substantial 44.44% premium over the upper limit of the IPO price band, which was set at Rs 675.00 per share.

IPO Details

Aditya Infotech's mainboard IPO, worth Rs 1,300.00 crore, comprised two components:

1. A fresh issue of 74 lakh shares, raising Rs 500.00 crore
2. An offer-for-sale (OFS) of 1.19 crore shares, amounting to Rs 800.00 crore

The IPO was open for subscription from July 29 to July 31, with a price band of Rs 640.00-675.00 per share. The share allotment process was completed on August 1.

Company Profile

Aditya Infotech is known for providing video security and surveillance solutions under the CP Plus brand. The company caters to a diverse clientele, including businesses, private entities, and government agencies.

Utilization of IPO Proceeds

The company plans to utilize the funds raised through the fresh issue for two primary purposes:

1. Debt repayment
2. General corporate purposes

IPO Management

ICICI Securities served as the book-running lead manager for Aditya Infotech's IPO, overseeing the public offering process.

Investor Interest

The strong grey market premium suggests high investor interest in Aditya Infotech shares. This enthusiasm could be attributed to the company's established position in the growing video security and surveillance market, as well as the increasing demand for such solutions across various sectors.

As the market awaits the official listing, all eyes will be on Aditya Infotech's stock performance when it debuts on the BSE and NSE on August 5. The significant premium indicated by the grey market could set the stage for a strong start in the public markets for this video security solutions provider.