Last day! Aditya Infotech IPO ends today; Subscription hits 52x, GMP up 43%

Aditya Infotech IPO Day 3 update: The three-day subscription window to bid for the initial public offering (IPO) of video surveillance solutions provider Aditya Infotech is set to conclude today, July 31, 2025. The ₹1,300 crore issue, which opened for subscription on Tuesday, July 29, has received a solid response from investors so far. 

 

According to data from the National Stock Exchange (NSE), the Aditya Infotech IPO received bids for 548.93 million equity shares against 11.22 million shares on offer as of 2:40 PM on Thursday. This reflects an oversubscription of only 52.16 times. 

 

Among the individual categories, non-institutional investors (NIIs) placed the highest number of bids, oversubscribing their reserved category by 61.22 times. This was followed by Qualified Institutional Buyers (QIBs), who bid 51.39 times. The retail investors' portion was booked 43.22 per cent.

 

Aditya Infotech IPO GMP

On the final day of subscription, Aditya Infotech’s unlisted shares were commanding a marginal premium in the grey market. Sources tracking unofficial market activity revealed the shares were trading at ₹965 per share, reflecting a GMP of only ₹290, or 42.96 per cent, over the upper end of the price band of ₹640 to ₹675.

Aditya Infotech IPO details

The public offering of Aditya Infotech comprises a combination of a fresh issue of 7.4 million equity shares worth ₹500 crore and an offer for sale (OFS) of 11.9 million shares worth ₹800 crore. Aditya Khemka, Ananmay Khemka, Rishi Khemka, Hari Shankar Khemka (HUF) and Shradha Khemka are the promoter selling shareholders.  

 

The IPO is priced in the range of ₹640-675 per share, with a lot size of 22 shares. Investors can bid for a minimum of 22 shares and in multiples thereof. A retail investor would need a minimum of ₹14,850 to bid for one lot at the upper end price. The maximum limit for retail investors is 13 lots (286 shares), amounting to an investment of ₹1,93,050.

 

As the IPO closes for subscription today, the basis of allotment is expected to be finalised on Tuesday, July 29. Shares are expected to be credited to investors’ demat accounts on Friday, August 1. Aditya Infotech shares are tentatively set to list on the BSE and NSE on Tuesday, August 5. 

 

MUFG Intime India is the registrar of the issue. IIFL Capital and ICICI Securities are the book-running lead managers. 

 

According to the red herring prospectus, the company proposes to utilise the net fresh issue proceeds for repayment of debt and general corporate purposes.