Aditya Infotech IPO Day 2 Live: GMP Jumps, Subscription Status, Review, and Other Detail

Aditya Infotech IPO Day 2 Live: The Aditya Infotech IPO day 2 live updates have investors buzzing with excitement as the grey market premium (GMP) surges and subscription numbers climb. For those eyeing opportunities in the Indian stock market, Aditya Infotech’s initial public offering (IPO) under its renowned CP Plus brand is making waves. Whether you’re a retail investor or a seasoned market player, understanding the GMP jumps, subscription status, review, and other details is crucial to making informed decisions. This article dives deep into the latest updates, expert reviews, and key insights to guide you through this high-potential IPO. Let’s explore why Aditya Infotech is capturing attention and whether it’s worth your investment.

What Is the Aditya Infotech IPO?

Aditya Infotech Limited, known for its CP Plus brand, is a leading Indian provider of video security and surveillance solutions. Launched on July 29, 2025, the Aditya Infotech IPO day 2 live developments highlight its strong market traction. The IPO aims to raise ₹1,300 crore, comprising a fresh issue of ₹500 crore and an offer-for-sale (OFS) of ₹800 crore by promoters, the Khemka family. With a price band of ₹640–₹675 per share and a lot size of 22 shares, this public issue is set to list on the BSE and NSE on August 5, 2025.

Key IPO Details

Aditya Infotech IPO Day 2: Subscription Status

By 1:00 PM on July 30, 2025, the Aditya Infotech IPO day 2 live subscription reached an impressive 4.48 times, with bids for 5.02 crore equity shares against the 1.12 crore shares offered. This strong response reflects high investor enthusiasm, particularly among retail and non-institutional investors (NII).

Subscription Breakdown (Day 2, as of 1:00 PM)

• Retail Investors: Subscribed 14.02 times, showcasing robust demand.
• Non-Institutional Investors (NII): Subscribed 7.10 times, indicating strong interest from high-net-worth individuals.
• Qualified Institutional Buyers (QIB): Subscribed 0.05 times, with slower participation from institutional investors.
• Employee Portion: Subscribed 1.48 times, reflecting moderate interest.

By the end of day 1, the IPO was subscribed 2.05 times, with retail and NII segments leading at 6.52 times and 3.16 times, respectively. The upward trend on day 2 signals growing momentum, potentially driven by positive market sentiment and the GMP jumps.

Grey Market Premium (GMP) Surge

The GMP jumps have been a focal point for investors tracking the Aditya Infotech IPO day 2 live updates. As of July 30, 2025, the grey market premium stood at ₹281 per share, up from ₹255 on day 1 and ₹217 before the IPO opened. This translates to an estimated listing price of ₹956 per share, implying a potential listing gain of 41.63% over the upper price band of ₹675.

Why the GMP Surge?

• Strong Subscription Demand: The oversubscription, particularly in the retail segment, has boosted grey market sentiment.
• Positive Market Outlook: Improving conditions in the Indian secondary market are fueling optimism.
• Brand Strength: The CP Plus brand’s dominance in India’s video surveillance market adds to investor confidence.

However, the grey market premium is speculative and not an official indicator. Investors should consult certified financial advisors before acting on GMP trends.

Expert Reviews: Should You Subscribe?

Brokerages and analysts have largely assigned a “subscribe” rating to the Aditya Infotech IPO, citing its strong fundamentals and growth potential in India’s expanding security and surveillance sector. Here’s a summary of expert opinions:

Anshul Jain, Lakshmishree Investment

• Rating: Subscribe
• Reason: Aditya Infotech’s dominant market share, AI-powered products, and “Make in India” alignment make it a compelling long-term investment. However, risks include reliance on Chinese components and concentrated revenue streams.
• Quote: “Aditya Infotech is more than a distributor—it’s a backbone of the security ecosystem with scalable growth potential.”

Ventura Securities

• Rating: Subscribe
• Reason: The company is well-positioned to capitalize on the Indian video surveillance market, projected to grow from ₹4,320 crore in FY2020 to ₹11,310 crore by FY2029.
• Quote: “Aditya Infotech’s strategic positioning and robust fundamentals make it a strong contender.”

Anand Rathi

• Rating: Subscribe
• Reason: Priced at a P/E of 22.5x based on FY25 financials, the IPO is reasonably valued given the company’s market leadership and consistent revenue growth.
• Quote: “The company holds a dominant position with minimal competition and consistent profitability.”

Risks to Consider

• Dependence on Suppliers: Reliance on foreign suppliers, particularly from China, for critical components poses supply chain risks.
• Single Manufacturing Unit: Operations are concentrated in Andhra Pradesh, making them vulnerable to regulatory or geographical disruptions.
• Regulatory Compliance: Non-compliance with quality standards could impact the brand’s reputation.

Financial and Market Insights

Aditya Infotech’s financial performance strengthens its case as a solid investment. In FY25, the company reported:

• Revenue: ₹3,112 crore (up from ₹2,782 crore in FY24).
• EBITDA Margin: 8.27%, reflecting operational efficiency.
• ROE: 34.50%.
• ROCE: 33.25%.
• Debt/Equity Ratio: 0.41, indicating a manageable debt profile.

The company’s market capitalization is approximately ₹7,911.89 crore, with a price-to-book value of around 7. Its partnership with Dixon Technologies and L&T Semiconductor for indigenous AI-powered CCTV solutions underscores its commitment to innovation and the “Make in India” initiative.

Case Study: CP Plus Brand Success

Aditya Infotech’s CP Plus brand has secured over a million locations across industries like government, retail, and education. Its joint venture with Dixon Technologies, fully acquired in September 2024, has bolstered its manufacturing capabilities. This strategic move, coupled with a ₹582 crore anchor investment from global players like Goldman Sachs and the Government of Singapore, highlights institutional confidence in the company’s growth trajectory.

Why Investors Are Excited

The Aditya Infotech IPO day 2 live updates reflect a combination of strong fundamentals, market leadership, and favorable grey market trends. The company’s focus on AI-driven surveillance solutions aligns with global trends toward smart security systems. Additionally, the IPO’s proceeds will reduce debt, enhancing financial stability and supporting future expansion.

Key Reasons to Consider

• Market Growth: The Indian video surveillance market is poised for significant growth, driven by rising security needs.
• Brand Recognition: CP Plus is a trusted name in India and Asia, ensuring strong market recall.
• Financial Health: Consistent revenue growth and healthy margins make it a stable investment.

FAQ Section

Aditya Infotech IPO FAQs

1. What is the Aditya Infotech IPO, and what is its purpose?

The Aditya Infotech IPO is a mainboard Initial Public Offering by Aditya Infotech Limited, a leading Indian company specializing in video security and surveillance products under the CP Plus brand. The IPO, valued at ₹1,300 crores, comprises a fresh issue of 0.74 crore equity shares worth ₹500 crores and an offer for sale (OFS) of 1.19 crore shares aggregating to ₹800 crores. The primary purpose of the fresh issue is to fund the company’s growth initiatives, including debt repayment of approximately ₹375 crores and general corporate purposes.

The OFS allows existing shareholders, including promoters, to offload their stakes. Aditya Infotech aims to strengthen its market position in India’s growing security and surveillance industry, leveraging its extensive distribution network and advanced manufacturing capabilities to meet increasing demand across sectors like banking, healthcare, and law enforcement.

2. When did the Aditya Infotech IPO open and close, and what are the key dates?

The Aditya Infotech IPO opened for subscription on July 29, 2025, and closed on July 31, 2025. The allotment was finalized on August 1, 2025, with shares credited to demat accounts by August 4, 2025. Refunds for unsuccessful bidders were also initiated on August 4, 2025. The shares were listed on the BSE and NSE on August 5, 2025. The IPO saw an overwhelming response, with a subscription rate of 106.23 times, reflecting strong investor confidence.

The listing date was particularly significant as the stock debuted at a premium of over 50%, opening at ₹1,018 on BSE and ₹1,015 on NSE, compared to the issue price of ₹675. These dates are critical for investors to track application status, allotment, and potential listing gains.

3. What is the price band and lot size for the Aditya Infotech IPO?

The price band for the Aditya Infotech IPO was set at ₹640 to ₹675 per equity share, with a face value of ₹1. The minimum lot size for retail investors was 22 shares, requiring a minimum investment of ₹14,080 at the lower price band and ₹14,850 at the upper band. For small non-institutional investors (sNII), the minimum application was 14 lots (308 shares), amounting to ₹207,900, while big non-institutional investors (bNII) needed to apply for 68 lots (1,496 shares), totaling ₹1,009,800.

This structure allowed a broad range of investors to participate, though the high subscription rate of 100.69 times, particularly 50.87 times in the retail category, indicated intense demand and potential for proportional allotment through a lottery system.

4. How can investors check the Aditya Infotech IPO allotment status?.

Investors can check the Aditya Infotech IPO allotment status through multiple platforms, including the BSE, NSE, and the registrar’s portal, MUFG Intime India Private Limited. To check on the BSE website, visit https://www.bseindia.com/investors/appli_check.aspx, select “Aditya Infotech” from the dropdown, enter your PAN or application number, verify the “I’m not a robot” captcha, and click “Search.”

Similarly, on the NSE website (https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids), select “CPPLUS,” input your PAN or application number, and submit. For the registrar’s portal (https://in.mpms.mufg.com/Initial_Offer/public-issues.html), choose “Aditya Infotech Limited,” select PAN, application number, or DP ID, and submit to view the status. Allotment details were available on August 1, 2025, and shares were credited to demat accounts by August 4, 2025.

5. What was the grey market premium (GMP) and expected listing gains for the Aditya Infotech IPO?

The grey market premium (GMP) for the Aditya Infotech IPO was notably strong, reflecting high investor optimism. On August 1, 2025, the GMP was reported at ₹300 to ₹320, indicating a premium of 44.44% to 47% over the upper price band of ₹675. This suggested an estimated listing price of around ₹975 to ₹995 per share. The GMP peaked at ₹317 on August 2, 2025, and was at ₹285 on July 31, 2025, before the subscription closed.

The actual listing on August 5, 2025, exceeded expectations, with shares opening at ₹1,018 on BSE and ₹1,015 on NSE, delivering a listing gain of approximately 50.8%. The strong GMP and subscription rate of 106.23 times underscored the market’s confidence in Aditya Infotech’s growth potential in the surveillance industry.

6. Who are the promoters of Aditya Infotech Limited, and what is the company’s business?

Aditya Infotech Limited, operating under the CP Plus brand, is promoted by Hari Shanker Khemka, Aditya Khemka, Ananmay Khemka, and the Hari Khemka Business Family Trust. The company is a leading player in India’s video surveillance industry, holding a 20.2% market share in FY24. It manufactures and markets a wide range of security products, including smart IoT cameras, HD analog and network cameras, thermal cameras, and AI-driven solutions like automatic number plate recognition and people counting.

With a production facility in Kadapa, Andhra Pradesh, capable of producing 15.59 million units annually, and an R&D center in Noida, the company serves sectors like banking, healthcare, defense, and retail. Its extensive distribution network spans over 550 cities, supported by 1,000 distributors and 2,100 system integrators, aligning with the ‘Make in India’ initiative.

7. How did the Aditya Infotech IPO perform in terms of subscription and listing?

The Aditya Infotech IPO was a resounding success, achieving an overall subscription rate of 106.23 times, with 113,009,765 bids against the 11,223,759 shares offered. The retail investor category was subscribed 50.87 times, non-institutional investors (NII) 72 times, and qualified institutional buyers (QIBs) 133.21 times, with the employee quota subscribed 8.50 times. The strong demand was driven by the company’s leadership in the surveillance market and robust financials, including a 205% profit growth to ₹351 crores in FY25.

On listing day, August 5, 2025, the shares debuted at ₹1,018 on BSE and ₹1,015 on NSE, reflecting a 50.8% premium over the issue price of ₹675. This blockbuster performance highlighted investor confidence, though analysts noted that long-term gains might depend on market conditions and sector competition.

Conclusion

The Aditya Infotech IPO day 2 live updates showcase a robust subscription rate, a soaring GMP of ₹281, and strong expert endorsements, making it a promising opportunity for investors. With its leadership in the video surveillance market and strategic focus on innovation, Aditya Infotech is well-positioned for long-term growth. However, potential risks like supply chain dependencies warrant caution. Before applying, consult with certified financial advisors to align the investment with your goals.