Aditya Infotech IPO Day 3: Are you eyeing the Aditya Infotech IPO Day 3 to make an informed investment decision? With the public subscription window closing on July 31, 2025, the buzz around this ₹1,300-crore IPO is palpable. Investors are eager to check GMP, subscription status, and key highlights to gauge its potential.

Aditya Infotech IPO Day 3 witnessed strong investor participation, reflecting the growing demand in the market. On Aditya Infotech IPO Day 3, subscription numbers continued to rise across retail and institutional categories. Experts believe that Aditya Infotech IPO Day 3 performance highlights solid investor confidence in the company’s growth potential. The consistent response on Aditya Infotech IPO Day 3 also indicates optimism about long-term returns.

With oversubscription trends, Aditya Infotech IPO Day 3 is emerging as one of the most talked-about IPOs in recent times. This article dives deep into the latest updates, offering a clear, research-backed overview to help you navigate this opportunity with confidence. Let’s explore why Aditya Infotech’s IPO is grabbing attention and what you need to know on its final bidding day.

What Is the Aditya Infotech IPO?

Aditya Infotech, the company behind the renowned CP PLUS brand, is India’s leading provider of video security and surveillance solutions, commanding a 20.8% market share in FY25. Its ₹1,300-crore IPO, comprising a fresh issue of ₹500 crore and an offer-for-sale (OFS) of ₹800 crore, opened for subscription on July 29, 2025, and closes today, July 31, 2025. The price band is set at ₹640–₹675 per share, with a minimum lot size of 22 shares. The shares are slated to list on BSE and NSE on August 5, 2025.

Key IPO Details

Aditya Infotech IPO Day 3: Subscription Status

As of 1:59 PM IST on July 31, 2025, the Aditya Infotech IPO Day 3 subscription status reflects robust investor enthusiasm, with the issue subscribed 36.93 times. The IPO received bids for 39,30,26,106 shares against the 1,06,41,266 shares offered. Here’s a breakdown by investor category:

• Retail Investors: Subscribed 42.80 times, showcasing strong demand.
• Non-Institutional Investors (NII): Subscribed 57.41 times, indicating high interest from high-net-worth individuals.
• Qualified Institutional Buyers (QIB): Subscribed 25.26 times, reflecting steady institutional participation.
• Employee Portion: Subscribed 5.9 times, showing moderate interest.

This surge in subscriptions, compared to 2.05 times on Day 1 and 6.87 times on Day 2, underscores growing investor confidence in Aditya Infotech’s market position and growth prospects.

Grey Market Premium (GMP) on Aditya Infotech IPO Day 3

The Grey Market Premium (GMP) for Aditya Infotech IPO Day 3 stands at ₹285, implying an estimated listing price of ₹960 per share—a 42.22% premium over the upper price band of ₹675. This robust GMP, up from ₹255 on Day 1 and ₹281 on Day 2, signals strong market sentiment and expectations of bumper listing gains. However, GMP is speculative and not an official indicator, so investors should exercise caution.

GMP Trend Over Three Days

• Day 1 (July 29): ₹255 (37.78% premium, estimated listing price: ₹930)
• Day 2 (July 30): ₹281 (41.63% premium, estimated listing price: ₹956)
• Day 3 (July 31): ₹285 (42.22% premium, estimated listing price: ₹960)

Key Highlights of Aditya Infotech IPO

1. Business Overview

Aditya Infotech operates under two primary segments:

• Manufacturing and Distribution: Produces CP PLUS-branded video surveillance products.
• Trading: Distributes partner-brand products, including solutions from Dahua.

The company has strengthened its technological edge through strategic partnerships, including a collaboration with L&T Semiconductor for AI-powered CCTV products and a joint venture with Dixon Technologies, whose stake it acquired in September 2024.

2. Financial Performance

Aditya Infotech has shown steady revenue and profitability growth, with a post-issue market cap of approximately ₹7,911.89 crore at the upper price band. Its FY25 price-to-earnings (P/E) ratio of 22.5x is considered reasonable, given its market leadership and growth potential in India’s video surveillance sector, projected to grow from ₹4,320 crore in FY20 to ₹11,310 crore by FY29.

3. Use of Proceeds

The net proceeds from the fresh issue will be utilized for:

• Debt Repayment: ₹375 crore to reduce outstanding borrowings.
• General Corporate Purposes: Remaining funds to support operational and strategic initiatives.

4. Brokerage Recommendations

Most brokerages, including Anand Rathi, Canara Bank Securities, and Ventura Securities, have assigned a ‘Subscribe’ rating, citing Aditya Infotech’s dominant market position, scalable business model, and alignment with the ‘Make in India’ initiative. However, some highlight risks like dependence on Chinese components and concentrated revenue streams.

Why Investors Are Excited About Aditya Infotech IPO Day 3

• Market Leadership: With a 20.8% market share, Aditya Infotech is a frontrunner in India’s security and surveillance industry.
• Strong Subscription Trend: The 36.93x subscription on Day 3 reflects high investor confidence.
• Robust GMP: A 42.22% premium suggests significant listing gains.
• Strategic Partnerships: Collaborations with L&T Semiconductor and Dixon Technologies bolster its technological and manufacturing capabilities.
• Growth Potential: The Indian video surveillance market’s projected growth offers long-term upside.

Risks to Consider

While the IPO presents a compelling case, investors should be mindful of:

• Supplier Dependency: High reliance on Chinese components.
• Valuation Concerns: Some analysts question the IPO’s pricing relative to peers.
• Market Volatility: Secondary market sentiment could impact listing performance.

How to Check GMP, Subscription Status & Key Highlights

• Subscription Status: Visit the BSE or NSE websites or check with your broker for real-time updates.
• GMP: Monitor platforms like InvestorGain for grey market trends, but verify with trusted sources.
• Allotment Status: Check on the registrar’s website (Link Intime) post-August 1, 2025.
• Key Highlights: Stay updated via financial news portals like Groww, LiveMint, or Moneycontrol.

FAQ Section

Aditya Infotech IPO Day 3 FAQs

1. What is the subscription status of the Aditya Infotech IPO on Day 3?

The Aditya Infotech IPO was subscribed 100.69 times by the end of Day 3 on July 31, 2025, reflecting strong investor demand across all categories. According to NSE data, the retail individual investor (RII) segment was subscribed 50.87 times, receiving applications for a significant number of shares against the allocated quota. The non-institutional investors (NII) category saw a subscription of 72 times, while qualified institutional buyers (QIBs) led with a subscription of 133.21 times.

This overwhelming response highlights the market’s confidence in Aditya Infotech’s business model, particularly its leadership in the video surveillance industry under the CP Plus brand. The high subscription rate suggests robust investor interest, driven by the company’s strong financial performance and growth prospects in India’s expanding security market.

2. What is the Grey Market Premium (GMP) for Aditya Infotech IPO on Day 3?

On Day 3, July 31, 2025, the Grey Market Premium (GMP) for the Aditya Infotech IPO was reported at ₹285, indicating a strong bullish sentiment in the unlisted market. This GMP suggests that the shares were trading at a premium of ₹285 over the upper price band of ₹675, pointing to an estimated listing price of approximately ₹960, which translates to a potential listing gain of around 42.22%. The GMP had peaked at ₹317 on August 2, 2025, but stabilized around ₹285 by the close of the subscription period.

This premium reflects positive investor expectations, fueled by the company’s dominant position in the video surveillance market and its alignment with initiatives like ‘Make in India.’ However, GMP is unofficial and subject to market fluctuations, so investors should consider it alongside fundamental analysis.

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

Investors can check the Aditya Infotech IPO allotment status online through multiple platforms, including the BSE, NSE, and the registrar’s website, MUFG Intime India Private Limited (Link Intime). 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 CAPTCHA, and click ‘Search.’

Similarly, on the NSE website (https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids), select the IPO, input your details, and submit. For the registrar’s portal, go to https://in.mpms.mufg.com/Initial_Offer/public-issues.html, choose ‘Aditya Infotech Limited,’ select PAN, application number, or DP/client ID, and submit to view the status. The allotment was finalized on August 1, 2025, and shares were credited to demat accounts by August 4, with refunds initiated for unsuccessful bidders on the same day.

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

The Aditya Infotech IPO had a price band of ₹640 to ₹675 per equity share, with a face value of ₹1 per share. The minimum lot size for application was 22 shares, requiring a minimum investment of ₹14,080 for retail investors at the upper price 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 participation across various investor categories, with the retail quota set at 10%, QIB at 75%, and NII at 15%. The IPO’s pricing and lot size were designed to attract a broad range of investors, supported by the company’s strong market position and financial growth.

5. What are the key objectives of the Aditya Infotech IPO?

The Aditya Infotech IPO aimed to raise ₹1,300 crore, comprising a fresh issue of ₹500 crore and an offer for sale (OFS) of ₹800 crore. The net proceeds from the fresh issue were primarily intended for the prepayment or repayment of certain outstanding borrowings availed by the company, which would strengthen its financial position by reducing debt. Additionally, a portion of the proceeds was allocated for general corporate purposes, such as expanding operations, enhancing manufacturing capabilities, and supporting research and development.

The OFS allowed existing shareholders, including promoters like Hari Shanker Khemka, Aditya Khemka, Ananmay Khemka, and the Hari Khemka Business Family Trust, to offload 1.19 crore shares. These objectives align with the company’s strategy to capitalize on the growing demand for video surveillance solutions in India.

6. What is the financial performance of Aditya Infotech supporting the IPO?

Aditya Infotech reported robust financial growth, which bolstered investor confidence in the IPO. For the fiscal year ending March 31, 2025, the company recorded revenue of ₹3,122.93 crore, a 12% increase from ₹2,795.96 crore in 2024. Profit after tax (PAT) surged by 205% to ₹351.37 crore in 2025 from ₹115.17 crore in 2024, showcasing significant profitability improvements. The company’s market leadership, with a 20.2% share in India’s video surveillance market in FY24, and its extensive distribution network across 550+ cities further strengthen its financial outlook.

Operating under the CP Plus brand, Aditya Infotech’s focus on advanced surveillance technologies, including AI-driven solutions, positions it to benefit from the projected market growth to ₹227.4 billion by FY2030 at a CAGR of 16.46%. These strong financials make the IPO attractive for long-term investors.

7. What are the key highlights of Aditya Infotech’s business model?

Aditya Infotech Limited (AIL), operating under the CP Plus brand, is India’s largest Indian-owned provider of video security and surveillance products, holding a 20.8% market share in FY25. The company offers a wide range of 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 manufacturing facility in Kadapa, Andhra Pradesh, capable of producing 15.59 million units annually, and an R&D center in Noida, AIL aligns with the ‘Make in India’ initiative.

Its distribution network spans 550+ cities, supported by 800 distributors and 2,200 system integrators, serving sectors like banking, healthcare, defense, and law enforcement. Strategic partnerships with Dahua India and Dixon Technologies enhance its technological and manufacturing capabilities, positioning AIL for sustained growth in the expanding surveillance market.

Conclusion

The Aditya Infotech IPO Day 3 has emerged as a hot pick, with a 36.93x subscription, a ₹285 GMP, and strong brokerage backing. Its leadership in the video surveillance market, coupled with strategic partnerships and a promising growth outlook, makes it an attractive option for long-term investors. However, weigh the risks, such as supplier dependency, before applying. Stay informed by checking the latest GMP, subscription status, and key highlights on trusted platforms.

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