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Aditya Infotech IPO gets 100 times subscription, huge demand from investors
IPO News: Aditya Infotech Limited, which makes video security products under the CP Plus brand, got 100.69 times its IPO on the last day. This IPO of Rs 1300 crore received bids for 1130092216 shares against 11223759 shares. The QIB portion got 133.21 times subscription to non-institutional investors 72 times and retail investors 50.87 times.
The initial public offering (IPO) of Aditya Infotech Limited, which produces video security and surveillance products under the 'CP Plus' brand, received 100.69 times subscription on the closing day of bidding on Thursday. As per figures available with NSE, its initial share sale of Rs 1,300 crore got bids for 1,13,00,92,216 shares as against 1,12,23,759 shares.
The portion of qualified institutional buyers (QIBs) got 133.21 times the subscription. The portion of non-institutional investors got 72 times, and the portion of retail individual investors (RIIs) got 50.87 times the subscription.
Aditya Infotech Limited's initial public offering got completely subscribed within hours of opening of bids on Tuesday. Aditya Infotech had raised more than Rs 582 crore from anchor investors on Monday.
