📈 Aditya Infotech IPO: Allotment Done, Listing Around the Corner

Aditya Infotech Ltd—better known as CP Plus in the video surveillance space—launched its ₹1,300 crore IPO at the end of July 2025. The issue comprised ₹500 crore in fresh shares and ₹800 crore via offer-for-sale from existing shareholders. Investor enthusiasm was sky-high.

✅ Oversubscription and Market Response

• The IPO window was open from 29 to 31 July 2025, and witnessed an impressive 100.69× total subscription.
• Qualified Institutional Buyers (QIBs) subscribed ~133×, Non-Institutional Investors ~72×, and retail segment ~51×.

🗓️ Allotment, Refunds & Listing Schedule

• Allotment finalized on 1 August 2025.
• Shares credited to demat accounts and refunds initiated on 4 August.
• Listing expected on 5 August 2025, on both BSE and NSE.

🔍 How to Check Your IPO Allotment Status

Investors can access their allotment details via three platforms:

• MUFG Intime India (Registrar): Select the company, and enter PAN, application number or DP/client
• BSE Portal: ‘Equity’ share type → select “Aditya Infotech Ltd” → enter PAN/Application number → complete captcha → search.
• NSE Portal: Choose “Equity & SME IPO bids” → select Aditya Infotech → enter PAN/Application number → submit.

🏷️ Grey Market Premium & Listing Preview

• Leading brokerages and grey market reports indicated pre-listing premiums between ₹205 to ₹320 per share above the ₹675 upper price band. That points to expected listing gains of 38% to 47%.
• Most realistic estimates converge around ₹960 to ₹980 as the expected listing price.

🎯 Why This IPO Mattered

• CP Plus boasts a ~21% share of India’s video surveillance market and has built a robust manufacturing and distribution network across 550+ towns.
• Strong financials: FY25 revenue was ₹3,111.8 crore, with PAT up 205% year-over-year to ₹351 crore. Return on Equity (ROE) stood at over 34%.
• Key risks include heavy reliance on imported components (notably from China) and concentrated business around surveillance hardware and Dahua-driven distribution.

TL;DR

Final Thoughts

Aditya Infotech’s IPO clearly underscored strong investor sentiment for security-tech plays in India. With oversubscription sharply tilted toward institutional investors and healthy retail participation, the grey market signals point toward a rewarding debut if market conditions remain stable. Of course, investors should stay aware of valuation risks and supply-chain dependencies ahead of listing.