Aditya Infotech's IPO Marks 2.04x Subscription Success
Aditya Infotech Ltd's initial public offering, under the 'CP Plus' brand, achieved full subscription hours after opening. The share sale garnered 2.04 times the subscription demand. Retail investors were particularly active, with a 6.51 times subscription, showcasing strong interest in the security and surveillance sector.

- Country:
- India
Aditya Infotech Ltd's initial public offer (IPO) achieved full subscription within hours of its launch, wrapping up the day with 2.04 times the demand against available shares. The security solutions provider, known for its 'CP Plus' brand, drew significant interest with 2,29,51,676 bids against 1,12,23,759 available shares, as per NSE data.
Retail Individual Investors (RIIs) exhibited substantial enthusiasm, clocking 6.51 times subscriptions. The non-institutional investor quota achieved a subscription rate of 3.15 times. However, subscriptions from Qualified Institutional Buyers (QIBs) were more subdued, amounting to just 1 percent.
Earlier, the firm secured over Rs 582 crore from anchor investors, contributing to the overall Rs 1,300-crore IPO. This offering encompasses a fresh issue of up to Rs 500 crore and an offer for sale (OFS) of Rs 800 crore by promoters. ICICI Securities and IIFL Capital Services are managing this financial move.
(With inputs from agencies.)