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Aditya Infotech IPO allotment today: Check status, GMP and other details

ETMarkets.com
Aditya Infotech's Rs 1,300-crore IPO allotment is expected to be finalized today, following a massive oversubscription of 106.23 times.

Synopsis

Aditya Infotech's IPO allotment status will be finalized today. The IPO witnessed huge investor demand. It was subscribed over 106 times. Retail investors, QIBs, and NIIs showed strong interest. The grey market premium suggests a listing price significantly above the issue price. Applicants can check their allotment status on the registrar's website or the BSE website.

The allotment status of Aditya Infotech’s Rs 1,300-crore IPO is expected to be finalized today. The heavily subscribed public issue, which opened on July 29 and closed on July 31, saw massive investor interest across categories, with an overall subscription of 106.23 times. Shares are set to be listed on BSE and NSE on August 5.

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Retail investors subscribed 53.81 times their allotted quota, while qualified institutional buyers (QIBs) bid 140.5 times. Non-institutional investors (NIIs) came in strong at 75.93 times.

The stock continues to trade at a grey market premium (GMP) of Rs 295, indicating an expected listing price of around Rs 970, nearly 44% above the issue price of Rs 675.


How to check allotment status:


Applicants can check their allotment status on the registrar’s website — MUFG Intime India (formerly Link Intime)

Steps to check on the registrar’s portal:

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Visit https://www.linkintime.co.in

Click on ‘IPO Allotment Status’

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Select ‘Aditya Infotech’ from the dropdown

Enter your PAN, Application Number, or DP/Client ID

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Submit to view your allotment status

You can also check the allotment on the BSE website:

Go to https://www.bseindia.com/investors/appli_check.aspx
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Select ‘Equity’ and choose ‘Aditya Infotech Ltd’ from the dropdown

Enter your application number and PAN

Click ‘Search’

IPO details


The IPO was a mix of fresh issue worth Rs 500 crore and offer for sale worth Rs 800 crore. Proceeds will be used to repay debt and for general corporate purposes.

Aditya Infotech, which owns and markets the CP Plus brand, is India’s leading player in the electronic surveillance space. With strong financials, high return ratios, and brand recall, the issue drew intense interest from both institutional and retail investors.

With the allotment underway and GMP holding firm, all eyes now shift to the listing day on Tuesday.
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(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)

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