Aditya Infotech Ltd made a remarkable entry into the stock market on August 5, 2025. The company’s shares were listed at ₹1,015 on the NSE. This was a 50.37% premium over its IPO issue price of ₹675. On the BSE, the shares opened slightly higher at ₹1,018, giving early investors strong listing gains.
The company is known for its CP Plus brand. It is a leading name in India’s video surveillance and security equipment sector. Aditya Infotech’s IPO was highly awaited, and the listing did not disappoint.
IPO Details and Grey Market Buzz
Aditya Infotech’s IPO was open for subscription between July 29 and July 31. The price band was set at ₹655–₹675 per share. The issue was oversubscribed by 106 times overall. Qualified Institutional Buyers (QIBs) subscribed 140×, Non-Institutional Investors (NIIs) 122×, and Retail Investors over 45×. This showed strong interest across investor categories.
Before the listing, the shares were trading at a strong grey market premium (GMP). The GMP remained between ₹280 and ₹300 in the final days before the listing. This hinted at a 40% to 45% listing gain. The actual listing exceeded those expectations.
Financial Performance of Aditya Infotech
For the financial year 2023–24, Aditya Infotech reported a total income of ₹3,111.9 crore. Its net profit stood at ₹351.4 crore, up from ₹115.2 crore the previous year. This sharp rise in profit indicates strong business growth and improved margins.
The company has shown strong financial metrics:
- Return on Equity (ROE): Over 20%
- Return on Capital Employed (ROCE): Around 19.5%
- EBITDA margin: Close to 9%
At the IPO price of ₹675, the stock was valued at a P/E ratio of approximately 22.5×. However, with the listing around ₹1,015–₹1,018, the post-listing P/E moves closer to 54×.
Business Overview and Growth Plans
Aditya Infotech operates under the CP Plus brand. It offers advanced video surveillance solutions. The company has over 2,986 product SKUs and a large distribution network across more than 550 towns and cities.
It also works with OEMs (original equipment manufacturers), including major names like Dahua and Dixon Technologies. Around 25% of its revenue comes from Dahua products. The company is expected to shift toward more in-house and local production, which could improve margins over time.
India’s video surveillance market is expected to grow at over 16% CAGR till 2030. Aditya Infotech is well-placed to benefit from this growth, supported by increasing demand from government, commercial, and residential sectors.
