Aditya Infotech IPO was open for subscription from July 29 to July 31.
The retail quota of the IPO was booked 50.87 times, while the Non-Institutional Investors’ (NIIs) category was subscribed 72 times. The Qualified Institutional Buyers (QIBs) booked their quota 133.21 times.The entire offering comprised a fresh issue of 74.07 lakh shares, amounting to ₹500 crore, and an offer-for-sale (OFS) component of 1.18 crore shares, aggregating up to ₹800 crore.
The IPO price band was fixed between ₹640 and ₹675 per share.
The investors, who bid for the IPO shares, can check the allotment status online via the BSE, NSE and the official website of the issue registrar, MUFG Intime India (earlier Link Intime).
Steps to check Aditya Infotech IPO share allotment on BSE:
· Visit the IPO allotment page on the BSE website: https://www.bseindia.com/static/investors/application_statuschecksystem.aspx
· Select ‘Equity’ as the issue type
· Choose Aditya Infotech Ltd. from the dropdown menu for issue names
· Enter your application number or PAN to proceed
· Click on Search to view your share allotment detailsSteps to check Aditya Infotech IPO allotment on MUFG Intime India:
· Visit the link: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
· From the dropdown menu, select ‘Aditya Infotech Limited’ from the list of companies
· Select any one of the PAN, Application Number, DP/Client ID or Account Number/IFSC to view your allotment status
· Enter the required details
· Click on ‘Submit’ to check the allotment status
Investors can also check the Aditya Infotech IPO share allotment status on the NSE website using their PAN and application number.
The company is scheduled to initiate the transfer of shares to the Demat accounts of successful bidders on Monday, August 4. Refunds will also be initiated for non-allottees on the same day.
Shares of Aditya Infotech Ltd are scheduled to be listed on the NSE and BSE on Tuesday, August 5.
About Aditya Infotech and use of proceeds
The company plans to utilise the proceeds of the IPO to the tune of ₹365 crore towards repaying debt. A portion of the funds will be used for general corporate purposes.
Aditya Infotech, under its widely recognised ‘CP PLUS’ brand, offers a comprehensive range of advanced video security and surveillance products and solutions for both enterprise and consumer segments.
Its offerings include AI- and IoT-enabled technologies, integrated security systems, and Security-as-a-Service, catering to sectors such as banking, healthcare, defence, retail and law enforcement. The business is divided into the manufacturing and trading of CP PLUS products and the distribution of Dahua products.