Aditya Infotech Launches Rs 1,500 Crore QIP at Floor Price of Rs 3,648.43; Shares Hit 5% Upper Circuit

Shares of Aditya Infotech Limited, the operator behind the surveillance and electronic security brand CP PLUS, came under heavy investor spotlight after the company officially launched a Qualified Institutional Placement (QIP) to raise up to ₹1,500 crore.

Reacting strongly to the institutional share sale, the counter hit its 5% upper circuit limit in morning trade. On the BSE, the stock climbed to ₹3,826.20, lifting the company's market capitalisation to approximately ₹45,264 crore. On the National Stock Exchange (NSE), shares were locked at the upper band of ₹3,831.90 against the previous session close of ₹3,649.50.

QIP Floor Price and Issue Mechanics

According to an exchange filing by the company, the QIP Committee approved the issue opening on September 22, 2026, and adopted the preliminary placement document.

Key details of the placement include:

• Floor Price: The floor price has been set at ₹3,648.43 per equity share (face value ₹1), determined in accordance with Regulation 176(1) of the Securities and Exchange Board of India (SEBI) Issue of Capital and Disclosure Requirements (ICDR) Regulations.
• Pricing Spread: The floor price stood at a marginal 0.21% discount to Tuesday's closing price of ₹3,656.40 on the NSE.
• Discretionary Discount: Backed by shareholder approval granted via a special resolution on September 19, 2026, the company may at its discretion offer a discount of up to 5% on the calculated floor price.
• Lead Managers: IIFL Capital Services Limited and ICICI Securities Limited are acting as the Book Running Lead Managers for the institutional offering.
• Trading Window: In accordance with insider trading regulations, the trading window for designated persons and their immediate relatives remains shut until 48 hours following the final determination of the issue price.

Utilization of Proceeds

Aditya Infotech intends to deploy the fresh capital to de-leverage its balance sheet and fund future operational expansion.

Primary Objectives of the Fundraise:

• Repayment or prepayment of certain outstanding borrowings availed by the company and its material subsidiary, AIL Dixon.
• Financing capital expenditure (capex) requirements for ongoing and future manufacturing operations.
• Funding inorganic growth through strategic acquisitions and partnerships.
• General corporate purposes.

Outperforming Multibagger Trajectory

Aditya Infotech's market momentum comes on the back of sharp financial growth and strong market tailwinds in India's physical and digital security hardware sectors.

For the first quarter of FY27, the company delivered a robust operating performance, posting a 332.48% year-on-year surge in consolidated net profit to ₹142.2 crore. Consolidated net sales rose 89.51% to ₹1,402.42 crore compared to the corresponding period of the previous fiscal.

Having listed on the exchanges in August 2025 at an issue price of ₹675, the stock has emerged as a significant multibagger on Dalal Street. The counter is up more than 150% year-to-date in calendar 2026, touching a 52-week high of ₹4,094.50 in mid-August. Analysts attribute the sustained institutional interest to the rapidly widening adoption of CCTV, biometrics, and artificial intelligence-powered surveillance solutions across enterprise, commercial, and government infrastructure projects throughout India.

Tags: Aditya Infotech CP PLUS SEBI BSE NSE ICICI Securities