Aditya Infotech to Launch ₹1,300 Crore IPO with Price Band Set at ₹640–₹675 per Share
itvoice.inAditya Infotech Ltd., a leading provider of CCTV and video surveillance solutions under the ‘CP Plus’ brand, has announced the price band for its upcoming Initial Public Offering (IPO) at ₹640 to ₹675 per share. The company aims to raise ₹1,300 crore through the public issue, which will open for subscription on July 29 and close on July 31. The IPO consists of a fresh issue of equity shares worth ₹500 crore, along with an offer-for-sale (OFS) of shares valued at ₹800 crore by the company’s promoters. Aditya Infotech is expected to list on the stock exchanges on August 5.
Investor Allocation
As per the company’s filing, the IPO will allocate:
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75% of the offer to Qualified Institutional Buyers (QIBs)
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15% to Non-Institutional Investors (NIIs)
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10% to Retail Individual Investors (RIIs)
ICICI Securities and IIFL Securities are serving as the book-running lead managers for the IPO.
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