India’s leading surveillance solutions provider, Aditya Infotech, has received an enthusiastic response, fueled by a stellar anchor investor line-up, a surging grey market premium, and impressive financial performance. Aditya Infotech IPO fully booked in all categories except QIB (expected to surge on the last day).
Anchor Round Sets the Tone
On 28 July, the company mopped up INR 582.3 crore from 54 marquee institutional investors in its anchor placement at the upper end of the INR 640–675 price band.
Big-ticket names such as the Government of Singapore, Abu Dhabi Investment Authority, Goldman Sachs, and Nomura joined domestic giants like SBI MF, HDFC MF, Kotak MF, and Axis MF. Nearly 44% of anchor allotment went to domestic mutual funds, underscoring strong homegrown confidence.
Grey Market Signals Listing Premium
The IPO commands a grey market premium (GMP) of INR 252 as of opening day, suggesting a potential listing price of around INR 927 per share — a hefty 37% upside over the issue price.
Aditya Infotech IPO Fully Booked on Day 1
By 1:40 PM on 29 July, the issue had fully subscribed:
- Retail Investors: 3.66x subscribed
- Non-Institutional Investors (NII): 1.42x
- Employees: 0.78x
- QIBs: 0.01 (expected to surge on the last day)
Market watchers attribute the robust retail and HNI participation to early anchor momentum, attractive GMP, and strong fundamentals.
Solid Business & Financial Strength
Founded in 1994, Aditya Infotech dominates India’s video security and surveillance market, with 85% of its products manufactured domestically. For FY25, revenue climbed to INR 3,111.87 crore, while net profit jumped 205% to INR 351.37 crore, lifting margins to 11.29% from 4.14% a year earlier. Debt-to-equity has improved sharply to 0.41 from 0.96.
| FY | Revenue | Net Profit | Margin (%) |
|---|---|---|---|
| 2023 | 2,284.55 | 108.31 | 4.74 |
| 2024 | 2,782.43 | 115.17 | 4.14 |
| 2025 | 3,111.87 | 351.37 | 11.29 |
Aditya Infotech IPO Details
- Price Band: INR 640–675 per share
- Fresh Issue: INR 500 crore
- OFS: INR 800 crore by promoters Hari Shanker Khemka & family
- Lot Size: 22 shares
- Retail Quota: 10%
- Listing: 5 August on NSE & BSE