- Bid /Offer close on Thursday, July 31, 2025
- The Anchor Investor Bidding Date shall be Monday, July 28, 2025
- Bids can be made for a minimum of 22 Equity Shares and in multiples thereof
- A discount of ₹ 60 per equity share is being offered to eligible employees bidding in the employee reservation portion
NE BUSINESS BUREAU
AHMEDABAD, JULY 26
Aditya Infotech Limited on Friday announced that its IPO price band has been fixed in the range of ₹640 to ₹675 per equity share of the face value of Re 1. The IPO date of subscription is scheduled for Tuesday, July 29, and will close on Thursday, July 31. The allocation to anchor investors is scheduled to take place on Monday, July 28. The lot size is 22 equity shares and in multiples of 22 equity shares thereafter.
The total offer size of Equity Shares aggregating up to ₹1,300 crore comprises fresh issue aggregating up to ₹500 crore and Offer for Sale aggregating up to ₹800 crore] by Selling Shareholders. The promoter shareholders who are selling in the OFS are Aditya Khemka (₹524 crore), Ananmay Khemka (₹12.3 crore), Rishi Khemka (₹200 crore), Hari Shankar Khemka (₹42.64 crore), Shradha Khemka (₹19.9 crore) and Aditya Khemka (₹1.15 crore).
Aditya Infotech, the largest domestic manufacturer of CCTV cameras, both analog and digital, with a 1.5 million annual capacity at its Kadappa, Andhra Pradesh plant, is having two R&D Centres – Noida in UP and Ahmedabad in Gujarat.
Aditya Infotech IPO has reserved not less than 75% of the shares in the public issue for qualified institutional buyers (QIB), not more than 15% for non-institutional Institutional Investors (NII), and not more than 10% of the offer is reserved for the retail investors. The employee portion has been reserved equity shares up to ₹6 crore.
A discount of ₹ 60 per equity share is being offered to eligible employees bidding in the employee reservation portion.
Out of the proceeds from the fresh issue, ₹375 crore is designated for debt clearance, while the rest is reserved for general corporate needs. As of March 2024, the company’s total debt was reported to be ₹405.45 crore.
The company, which sells its product under the label of CP Plus, is the market leader among domestic players by a wide margin in a ₹15,000 crore market of around 40 million units. The company is increasing its installed capacity to 2.5 million in two phases ending Q1FY27—the first half will see a million going onstream by the end of the next quarter and the second half will see a million getting commissioned by the first quarter of the next fiscal.
Significantly, Dixon Technologies, which had a 50% stake in Aditya earlier but was bought out recently will not participate in the OFS and will retain its 6.5% stake in the company post issue
This Equity Shares are proposed to be listed on the BSE Limited and the National Stock Exchange of India Limited.
ICICI Securities Limited and IIFL Capital Services Limited (formerly known as IIFL Securities Limited) are the Book Running Lead Managers or BRLMs to the Issue and MUFG Intime India Private Limited (Link Intime) is the registrar.
