Aditya Infotech Listing: Aditya Infotech’s shares made a robust debut on the NSE, opening at Rs 1,015 which is more than 50 percent higher than their IPO price of Rs 675. On the BSE, the stock made an equally strong debut, listing at Rs 1,018, nearly 51 percent above the issue price.
Ahead of the listing, Aditya Infotech’s unlisted shares were trading at approximately Rs 980 in the grey market, suggesting a premium of over 45 percent to the IPO price. The IPO, which raised Rs 1,300 crore, witnessed strong investor demand, with the issue subscribed more than 100 times during the three-day bidding period from July 29 to 31. The issue price band was set between Rs 640 and Rs 675.
The IPO consisted of a fresh issue of Rs 500 crore and an offer-for-sale worth Rs 800 crore from the company’s promoters, the Khemka family. A day before the public offering, the company secured Rs 582.3 crore through anchor investors on July 28. The anchor book saw participation from 54 institutional investors, including prominent names such as the Government of Singapore, Monetary Authority of Singapore, Goldman Sachs, Nomura Trust, Abu Dhabi Investment Authority, Allianz Global Investors, Eastspring Investments, and Manulife Global Fund.
The fresh issue proceeds are planned to be used primarily to reduce the company’s outstanding debt by Rs 375 crore, while the remaining funds will support general corporate purposes. As of May 2025, Aditya Infotech’s total outstanding borrowings amounted to Rs 422.8 crore.
ICICI Securities and IIFL Capital acted as the book running lead managers for the IPO.
What is an IPO
An initial public offering, or IPO, is basically when a company offers its shares to the public for the very first time. This means both big investors and regular people can buy a piece of the company. Usually, investment banks help with the process—they handle the paperwork and get the shares listed on stock exchanges. This whole step, often called “going public,” turns a private company into one that anyone can invest in. Companies do IPOs to raise money for growth, let early investors like founders or private equity firms sell some of their shares, and make it easier to trade shares or raise funds down the line.
