Aditya Infotech IPO: Aditya Infotech Limited’s initial public offering (IPO) has opened today and will continue until 31 July 2025. The video security and surveillance products solutions company has declared Aditya Infotech IPO price band at ₹640 to ₹675 per equity share. The public issue aims to raise ₹1,300 crore, out of which ₹500 crore is aimed through the issuance of fresh problems, while the remaining ₹800 crore is reserved for offer-for-sale (OFS). The initial public offer is proposed for listing on the NSE and the BSE.
On the Aditya Infotech IPO subscription opening date, company shares are available in the grey market at a robust premium. According to market observers, Aditya Infotech shares are available at a premium of ₹217 in today’s grey market. This means that Aditya Infotech’s IPO GMP today signals a listing gain of around 32% for potential investors.
Aditya Infotech IPO subscription status
Bidding for the public issue will begin at 10:00 AM today, and it will remain open until 5:00 PM on 31 July 2025.
Top 10 Aditya Infotech IPO details
1] Aditya Infotech IPO GMP today: According to market observers, the company’s shares are available at a premium of ₹217.
2] Aditya Infotech IPO date: The public issue will open on 29 July 2025 and remain open until 31 July 2025.
3] Aditya Infotech IPO price: The company has declared a price band of ₹640 to ₹675 per equity share.
4] Aditya Infotech IPO size: The company aims to raise ₹1,300 crore from this public offer, of which ₹500 crore will be raised through the issuance of fresh issues.
5] Aditya Infotech IPO lot size: A bidder can apply in lots, and one lot of the initial offer comprises 22 company shares.
6] Aditya Infotech IPO allotment date: The most likely date for finalization of share allocation is 1 August 2025.
7] Aditya Infotech IPO registrar: MUFG Intime India Private Limited (Link Intime) has been appointed the official registrar of the public issue.
8] Aditya Infotech IPO lead managers: ICICI Securities and IIFL Capital Services have appointed the public issue lead managers.
9] Aditya Infotech IPO listing date: The public issue is proposed for listing on the BSE and the NSE, and the most likely date for share listing is 4 August 2025.
Aditya Infotech IPO: Apply or not?
10] Aditya Infotech IPO review: Assigning a ‘subscribe’ tag to the public issue, Shivani Nyati, Head of Wealth at Swastika Investmart, said, “The company’s core business involves providing electronic security and surveillance products, with a strong presence across India. The EBITDA margin expanded to 8.27% in FY25, reflecting operational efficiency and growing demand. Based on recent financials and dependence on key suppliers like Dahua, the issue appears reasonably priced but carries concentration risks. Given the company’s pan-India network, diversified product portfolio, and growth potential in the surveillance market, investors may consider applying for long-term and listing gains.”
Whether one should apply for the mainboard IPO or not, Jickson Sajee, Research Analyst, INVasset PMS, said, “On the financial front, the company reported a revenue increase from ₹2,782 crore in FY24 to ₹3,112 crore in FY25—moderate topline growth. However, the PAT rose sharply from ₹1,151 crore to ₹3,513 crore, driven by improved margins, leading to a notable spike in profitability. Return ratios for FY25—ROE at 34.5% and ROCE at 33.3%—indicate strong capital efficiency, and the debt-to-equity ratio of 0.41x appears conservative. Still, the business operates in a competitive hardware segment with evolving technology cycles. While grey market activity shows a premium of ₹200+, implying healthy initial interest, long-term valuation will depend on execution and broader demand trends in security infrastructure.”
However, Gaurav Goel, Founder & Director at Fynocrat Technologies, suggested avoiding the public issue, saying, “While Aditya Infotech is a clear industry leader in India’s rapidly growing video surveillance sector, the IPO is richly priced, with an effective P/E of ~77x (excluding one-time gains). Despite long-term potential, such valuations leave little margin of safety. Given the lack of direct peers, sector optimism, and a strong promoter background, it may do well post-listing. But from a pure valuation and margin-of-safety standpoint, we recommend avoiding the IPO at this stage.”
The market capitalization of Aditya Infotech IPO is ₹7911.89 crore. As of 31 March 2025, the company’s ROE was around 34.50%, ROCE was nearly 33.25%, and the debt/equity ratio was 0.41. The company’s margins were 11.25% and EBITDA margins were around 8.25%, while its price to book value was around 7.
Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
