Aditya Infotech's Bold Move into the Public Market

In a significant step towards broadening its market presence, Aditya Infotech, renowned for its CP Plus CCTV cameras, has announced the launch of its Rs 1,300 crore Initial Public Offering (IPO). This move comes at a time when the Indian equity market is witnessing unprecedented investor engagement.

IPO Details and Pricing

The IPO, set to open for bids from July 29 to July 31, features a price band of Rs 640 to Rs 675 per share, valuing the company at an impressive Rs 7,912 crore at the upper limit. This includes a fresh issue of Rs 500 crore and an offer for sale (OFS) of Rs 800 crore by the founding Khemka family.

Company Background and Market Position

Established in 1994, Aditya Infotech has grown to become the world's third-largest manufacturer of surveillance products, boasting a 21% market share in India's video surveillance industry. With a production capacity exceeding 15 million units in Kadapa, Andhra Pradesh, the company employs around 3,200 people.

Financial Health and Future Prospects

The company plans to utilize the IPO proceeds to reduce its debt of Rs 375 crore. Demonstrating robust financial health, Aditya Infotech reported a 205% increase in profit to Rs 351 crore and a 12% growth in revenue to Rs 3,112 crore in FY25. The Indian video surveillance market, valued at Rs 10,620 crore in FY25, is expected to double by FY30, signaling bright prospects for the company.