Aditya Infotech IPO 2025 – Full Analysis, Dates, GMP, Lot Size & Investment Insight

By Dipesh Patni Education Academy

Your trusted partner in stock market education

About Aditya Infotech IPO

Aditya Infotech, the company behind the renowned CP PLUS surveillance brand, has launched its much-awaited ?1,300 crore IPO, combining both fresh equity and an Offer for Sale (OFS). With a strong market position in India’s security and surveillance sector, this IPO is garnering significant interest from retail and institutional investors alike.

IPO Structure & Details

Particulars Details

IPO Type Bookbuilding

Total Issue Size ?1,300 crore

Fresh Issue ?500 crore (0.74 Cr shares)

Offer for Sale ?800 crore (1.19 Cr shares)

Price Band ?640 – ?675 per share

Face Value ?1 per share

Lot Size 22 shares

Minimum Investment (Retail) ?14,850

Listing BSE, NSE

Registrar Link Intime India Pvt. Ltd.

BRLM ICICI Securities Ltd.

Important Dates

Event Date

IPO Open July 29, 2025

IPO Close July 31, 2025

Allotment Finalization August 1, 2025

Refund Initiation August 4, 2025

Shares Credited to Demat August 4, 2025

Listing Date (Tentative) August 5, 2025

Category-Wise Reservation

Investor Category Shares Reserved % of Total

QIB (incl. Anchor) 1,43,77,778 74.62%

NII (HNI) 28,75,556 14.92%

Retail Investors (RII) 19,17,037 9.95%

Employees 97,561 (?60 discount) 0.51%

Anchor Investor Participation

Raised ?582.30 crore from anchor investors on July 28, 2025

Shares offered to anchor: 86,26,666

Lock-in periods:

50% until August 31, 2025

Remaining 50% until October 30, 2025

Business Profile of Aditya Infotech

Aditya Infotech is a leading Indian surveillance tech company, manufacturing products like CCTV cameras, DVRs, IoT devices, and AI-enabled monitoring systems. It owns the CP PLUS brand and has:

30,000+ channel partners

1,800+ system integrators

Strong domestic manufacturing capacity in Andhra Pradesh

R&D center based in Noida

Financial Highlights (FY22–FY24)

Revenue CAGR: 24%

FY24 Revenue: ?3,212 crore

FY24 PAT: ?210 crore

ROE: ~34% | ROCE: ~33%

Debt/Equity: ~0.41x

EBITDA Margins: ~10.7%

Promoter Details

Promoters: Hari Shanker Khemka, Aditya Khemka, Ananmay Khemka, and the Hari Khemka Business Family Trust

Pre-Issue Shareholding: 92.58%

Post-Issue Shareholding: 76.7%

Should You Apply?

Pros:

Strong brand (CP PLUS) and wide reach in India

Solid financials and high return ratios

Growth-oriented market (IoT surveillance, smart cities)

Cons:

High valuation (P/E ~36x–77x)

Supplier dependency

Competitive global market

Expert Take – Dipesh Patni’s Insight

At Dipesh Patni Education Academy, we believe this IPO represents a robust long-term opportunity in the fast-evolving surveillance tech space. Retail investors should, however, assess valuations carefully and consider partial allocation strategies for safer exposure.

Quick Tips for Retail Investors:

GMP (Grey Market Premium): ?200+ (as per latest data)

Min Investment: ?14,850

Watch out for high oversubscription in retail & HNI category

Disclaimer:

This blog is for educational purposes only. We do not provide investment advice or recommendations. Please consult a SEBI-registered advisor before making any financial decisions. Stock market investments are subject to market risks.