ADITYA INFOTECH LIMITED FILES DRHP WITH SEBI FOR UP TO Rs.1300 CRORE IPO
Bhubaneswar : Aditya Infotech limited is thelargest Indian-owned company offering video security and surveillance products, solutions and services with a market share of 20.2% of the video surveillance industry in India in terms of revenues in Fiscal 2024. (Source: F&S Report). The company offers a comprehensive range of advanced video security and surveillance products, technologies and solutions for enterprise and consumer segments under our ‘CP PLUS’ brand which has strong recall value. In addition, company offers solutions and services such as fully integrated security systems and Security-as-a-Service directly and through its distribution network who address the requirements of end-customers engaged in a broad range of sectors such as banking, insurance, real estate, healthcare, industrial, defence, education, hospitality, manufacturing, retail and law enforcement.
Aditya Infotech limited has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”). The Company plans to raise funds through offer of equity shares (face value ₹5 each) through initial public offerings aggregating up to ₹13000 million (₹1300 Crore).
The offer comprises of fresh issue of equity shares aggregating up to ₹5000 million (₹500 crore) (The “Fresh Issue”) and offer for sale by Selling Shareholders aggregating up to ₹8000 million (₹800 Crore) (The “Offer for Sale”).
The Equity Shares that will be offered through the Red Herring Prospectus are proposed to be listed on the BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”). (The “Listing Details”)
ICICI Securities Limited and IIFL Securities Limited are the Book Running Lead Managers to the issue. (The “BRLMs”)