Aditya Infotech (AIL), established in 1994, is a prominent Indian company specializing in electronic security and surveillance solutions. Operating under the CP PLUS brand, AIL offers a comprehensive range of products, including CCTV cameras, digital video recorders, and access control systems, catering to various sectors such as banking, healthcare, education, and law enforcement. With a vast distribution network encompassing over 30,000 channel partners and 1,800+ system integrators across India, AIL has secured more than a million locations nationwide. The company also emphasizes indigenous manufacturing, aligning with the ‘Make in India’ initiative, and has an annual production capacity of over 15 million units at its Kadapa facility.
IPO schedule
Issue open date
2025-07-29
Issue close date
2025-07-31
UPI mandate deadline
2025-07-31 (5 PM)
Allotment finalization
2025-08-01
Refund initiation
2025-08-04
Share credit
2025-08-04
Listing date
2025-08-05
Mandate end date
2025-08-18
Lock-in end date for anchor investors (50%)
2025-08-31
Lock-in end date for anchor investors (remaining)
2025-10-30
Financials
Financial Year Ended
March 2023
March 2024
March 2025
Total Assets
1708.76
1644.18
3174.54
Revenue
2295.56
2795.96
3122.93
Profit After Tax
108.31
115.17
351.37
Issue size
Funds Raised in the IPO
Amount
Overall
₹1300 crores
Fresh Issue
₹500 crores
Offer for sale
₹800 crores
Utilisation of proceeds
Purpose
INR crores (%)
Repayment of loans
375 (75%)
General corporate purposes
Strengths
Leading market position with a 20.2% share in India’s video surveillance industry as of FY24.
Extensive distribution network with over 30,000 channel partners and 1,800+ system integrators nationwide.
Strong brand recognition through CP PLUS, offering a diverse range of security products.
Commitment to indigenous manufacturing with a facility in Kadapa, Andhra Pradesh, supporting the ‘Make in India’ initiative.
Continuous investment in R&D, leading to innovative solutions integrating AI and IoT technologies
Risks
Financial risk due to losses reported by subsidiary AIL Dixon Technologies Private Limited in FY25, impacting the overall financial profile.
High dependence on a single supplier, Dahua Technology, accounting for over 80% of supplies, leading to supplier concentration risk.
Exposure to intense competition in the electronic security industry potentially affects market share and margins.
Vulnerability to technological changes requires continuous innovation and adaptation.
Working capital-intensive operations may strain liquidity and financial flexibility.