Aditya Infotech share price: CP Plus stock lists at over 50% premium; here's how much investors made

Aditya Infotech share price: Shares of video surveillance solutions provider Aditya Infotech, which operates the 'CP Plus' brand, made a solid debut on the stock exchanges on Tuesday, August 5.

The stock started trading at ₹1,015 apiece on the National Stock Exchange (NSE), reflecting a premium of 50.37% over the issue price of ₹675.

On the BSE, it debuted at ₹1,018, up 50.81%.

Aditya Infotech share price: Here's how much investors made per lot

The ₹1,300 crore IPO fetched bids for 1,13,00,97,650 shares, which is 100.69 times above the 1,12,23,759 shares on offer.

The bidding was led by qualified institutional buyers, or QIBs, who subscribed their portion 133.21 times, while the quota for non-institutional investors, or NIIs, got 72 times the subscription. The retail investors part attracted 50.87 times the subscription.

With a price band of ₹640 to ₹675 per share, the initial share sale was a fresh issue worth ₹500 crore and an offer for sale (OFS) of ₹800 crore.

Under the OFS, Ananmay Khemka, Aditya Khemka, Rishi Khemka, Shradha Khemka, Hari Shankar Khemka (HUF) and Aditya Khemka (HUF) will offload their stake.

The fresh issuance proceeds will be used for two objectives: debt clearance and general corporate purposes.

Before the IPO, the company had mobilised ₹582 crore from anchor investors, including the Government of Singapore, HDFC Mutual Fund, SBI Mutual Fund, Monetary Authority of Singapore, Goldman Sachs, Ashoka Whiteoak India Opportunities Fund, Nomura, and the Abu Dhabi Investment Authority.

Aditya Infotech offers an array of advanced video security and surveillance products and solutions for consumer and enterprise segments under the 'CP PLUS' brand. Its products are used in sectors like banking, insurance, healthcare, industrial, real estate, education, defence, manufacturing, hospitality, retail and law enforcement.