Aditya Infotech IPO

101.26x

subscribed

Aditya Infotech IPO

Electronics - Components
listed
₹14,080Min. investment
  1. Pre-apply
    26 Jul
  2. Bid start
    29 Jul
  3. Bid end
    31 Jul
  4. Allotment
    1 Aug
  5. Release of funds
    4 Aug
  6. Demat transfer
    4 Aug
  7. Listing
    5 Aug

About Aditya Infotech Limited

SectorElectronics - Components
Price range₹640 – ₹675
IPO type
Regular
Lot size22 shares
Issue size₹1,300Cr
Red Herring Prospectus
Read
Market Cap
₹7,911.89CrHigher than sector avg
RevenueApr 20NaN - Mar 20FY
₹3,111.87CrHigher than sector avg
Growth rate3Y CAGR
16.71%Higher than sector avg

Aditya Infotech Limited IPO Overview

Aditya Infotech Limited IPO Date

Aditya Infotech Limited IPO will open for subscription on Jul 29, 2025, and the closing date for the IPO is Jul 31, 2025. After this, investors are expected to be updated about the allotment status on Aug 1, 2025.

Investors who have been allotted shares can expect them to be credited to their demat account on Aug 4, 2025. The shares will be listed on the NSE and the BSE on Tue, Aug 5, 2025.

Aditya Infotech Limited IPO Price Band

The IPO includes fresh issue of shares and an offer for sale. The IPO price band has been set between ₹640 to ₹675 per share. Interested investors can choose a price within this band to apply for the IPO.

The IPO is a book-building issue, comprising a fresh issue of ₹500.00 crores and an offer for sale worth up to ₹800.00 crores.

Aditya Infotech Limited IPO listing price will be determined on Aug 5, 2025. The listing price is the price at which a company’s shares debut on the stock exchanges.

Aditya Infotech Limited IPO Lot Size

Aditya Infotech Ltd IPO details have been declared. The minimum lot size for an application is 22 shares, and the investor would have to apply for a minimum of 1 lot. Meanwhile, the IPO issue size is approximately ₹1,300.00 crores.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹3,111.87Cr
This sector
₹310.5Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
16.71%
This sector
-0.01%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹351.37Cr
This sector
₹20.93Cr
Compare with companies
Market cap
Higher market cap means strong confidence but may suggest overvaluation
This IPO
₹7,911.89Cr
This sector
₹2,822.12Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
20.44
This sector
66.86
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.41
This sector
0.40
Compare with companies

Objectives

Repayment or pre-payment of borrowings
The company will repay ₹375 crores of its borrowings.
General corporate purposes
The company will allocate up to 25% of gross proceeds for general corporate purposes.

Strength and Weakness

Market Leadership in India’s Video Surveillance Industry

Aditya Infotech is the largest player in the Indian security and video surveillance market, with a market share of 20.8% in FY2025. To enhance customer experience, it operates 69 CP PLUS Galaxy stores and offers extensive after-sales services. Aditya Infotech has earned prestigious awards, including 'India's Leading Security and Surveillance Solutions Provider 2023' by NCN and the 'Emerging Global Organisation of the Year Award' at the National Skills Awards.

Extensive Pan-India Sales, Distribution, and Service Network

Aditya Infotech has the widest pan-India reach in the video surveillance market, with products available in over 550 cities. As of March 31, 2025, it operates 41 branch offices, 13 RMA centres, and a distribution network of over 1,000 distributors and 2,100 system integrators. Its balanced sales channels, including distributors (79.58% of revenue), system-integrated projects, retail, and e-commerce, serve a diverse customer base. In FY25, Aditya Infotech served 3,232 customers, with long-standing relationships of over six years with its top 10 customers.

Comprehensive Security and Surveillance Products across Industries

Aditya Infotech's 'CP PLUS' and 'Dahua' brands offer a wide range of CCTV and security products, including IoT cloud cameras, HD analogue cameras, DVRs, and AI-based analytics. In FY25, the company provided 2,986 SKUs. It also offers customised software solutions like HMS, AMS, and CRM to enhance efficiency and customer support. Revenue from products supplied by Dahua accounted for 24.65% of the company’s total revenue in FY2025.

Robust Manufacturing and R&D Capabilities

Aditya Infotech established India’s largest CCTV manufacturing facility in Kadapa, Andhra Pradesh, leveraging the 'Make in India' initiative through a joint venture with Dixon Technologies. The facility, the world’s third largest, has an annual capacity of 17.2 million units. Supported by an in-house R&D team of 86 at the Noida centre, Aditya Infotech drives continuous innovation in its operations.

Strategic Partnerships and Technology Collaboration

Aditya Infotech collaborates with key technology partners, including L&T Semiconductor Technologies for AI-driven CCTV products, VVDN Technologies for IoT and 5G solutions, and Dahua India for exclusive product distribution. Historically, Aditya Infotech’s partnership with Dixon Technologies, a leading electronics manufacturing services company in India, through a joint venture, has been instrumental in expanding its manufacturing operations.

About Aditya Infotech Limited

Aditya Infotech Limited offers a comprehensive range of advanced video security and surveillance products, technologies, and solutions for enterprise and consumer segments under their 'CP PLUS' brand. Its product offerings include HD analogue cameras, network video recorders (NVRs), biometric products, access control systems, and more, incorporating cutting-edge technologies such as AI, machine learning (ML), and the IoT for smart homes and security systems.
The company's business is primarily classified into 2 segments: manufacturing and trading activities. Manufacturing includes the manufacture and sale of CP PLUS products and the provision of after-sales services, while trading activities are limited to the distribution of Dahua products.
The company operates from a manufacturing facility in Kadapa, Andhra Pradesh, with an installed capacity of 17.20 Mn units per annum as of March 31, 2025. Spread over an area of 204,157.36 sq ft, the facility includes advanced manufacturing infrastructure such as high-speed SMT lines, assembly lines, and stringent quality control equipment. They currently operate 10 strategically located warehouses spread across the country.
The company has a market share of 20.8% in FY25. It offers over 2,986 SKUs and continuously innovates its product line, including AI-powered solutions and surveillance services through its ‘OnVigil’ brand. Its products are sold across more than 550 cities in India, supported by a robust distribution network of over 1,000 distributors and 2,100 system integrators. The company operates 41 branch offices and 13 RMA centres nationwide, ensuring a broad and efficient reach.
The company has a significant relationship with Dahua Technology for exclusive distributorship in India. A significant portion of their revenue from operations is generated from the sale of products supplied by Dahua. In 2017, the company entered into a joint venture agreement with Dixon Technologies (India) Limited to expand manufacturing operations. On September 18, 2024, they acquired the remaining 50.00% equity shares in AIL Dixon Technologies Private Limited from Dixon Technologies.
As per Frost & Sullivan, the global video surveillance market is projected to grow at a CAGR of 10.36% in revenue terms between FY25 and FY30, reaching USD 58.8 Bn by FY30 from USD 35.9 Bn in FY25. India, in particular, stands out as one of the fastest-growing markets, with the market size expected to nearly double from INR 106.2 Bn in FY25 to INR 227.4 Bn by FY30, at a strong CAGR of 16.46%. Volume-wise, camera units sold are expected to grow from 3.97 crore to 7.46 crore units in the same period. This growth is driven by government initiatives, regulatory mandates, and increasing adoption in private sectors such as retail, BFSI, healthcare, and residential segments.
The company’s early move into AI-based and IoT-enabled smart surveillance systems (OnVigil, AMS, HMS) aligns it with market trends favouring intelligent, cloud-based solutions. The growth in IP cameras, expected to grow at a 20.49% CAGR in revenue, is particularly advantageous for the company, as it is already supplying high-end IP-based products. Also, the regulatory push from MeitY for STQC-certified locally manufactured products (effective April 2025) creates a short-term moat for Aditya Infotech, which has already received STQC certification for some product lines, allowing it to capture market share from importers and tap into government procurement opportunities under the Public Procurement Order.
Now, Aditya Infotech Ltd is launching its initial public offering (IPO), which consists of a fresh issue worth up to ₹500.00 crores and an offer for sale worth up to ₹800.00 crores. The total issue size of the IPO is ₹1,300.00 crore. Its shares will be listed on the NSE and BSE.

IPO Analysis

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Aditya Infotech IPO
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IPO Subscription Status

Date
QIB
NII
Retail
Total
29-Jul-25
0.01 times (X)
1.38 times (X)
3.46 times (X)
1.01 times (X)
30-Jul-25
0.24X
11.36X
20.36X
6.93X
31-Jul-25
133.21X
71.2X
50.5X
101.26X

Latest News on IPO

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Aditya Infotech IPO is a mix of a fresh issuance of shares valued at ₹500 crore and an offer for sale (OFS) aggregating to ₹800 crore by promoters.

4 min read

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Aditya Infotech IPO is a combination of a fresh issue of equity shares worth ₹500 crore and an Offer For Sale (OFS) of shares valued at ₹800 crore by promoters.

2 min read

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Aditya Infotech IPO allotment finalised: The 'CP Plus' brand operator seeks to raise ₹1,300 crore through the fresh issuance of shares aggregating to ₹500 crore and an offer for sale of ₹800 crore.

3 min read

news logo
Aditya Infotech IPO Listing Date: The CP Plus brand operator intends to utilise the net proceeds from the fresh issue for repayment of all or a portion of certain borrowings availed by the firm and general corporate purposes.

3 min read

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Aditya Infotech IPO ?

The issue size of the Aditya Infotech IPO is 1300 Cr.

What is 'pre-apply' for Aditya Infotech IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Aditya Infotech IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.