Aditya Infotech Ltd, a prominent security and surveillance technology firm and operator of CP Plus, has officially opened its Qualified Institutional Placement (QIP) worth ₹1,500 crore. The company's board announced the QIP's commencement on Wednesday, setting the floor price for the issue at ₹3,648.43 per equity share.
This floor price was determined in accordance with the pricing formula prescribed under Regulation 176(1) of the SEBI ICDR Regulations. It represents a marginal discount of 0.21 percent compared to the previous day's closing price of ₹3,656.40 per share on Tuesday.
Key Details of the QIP Launch
The board of Aditya Infotech adopted the preliminary placement document and application form on September 22, 2026, marking the 'relevant date' for the QIP as per Regulation 171(b)(i) of the SEBI ICDR Regulations. Shareholders had previously approved the fundraising through a special resolution passed on September 19, 2026.
The company retains the discretion to offer a discount of up to 5 percent on the calculated floor price for the issue, as allowed by Regulation 176(1) of the SEBI ICDR Regulations. The final issue price will be determined in collaboration with the appointed Lead Managers.
Lead Managers and Trading Window
IIFL Capital Services Limited (formerly IIFL Securities Limited) and ICICI Securities Limited have been designated as the Book Running Lead Managers for this significant fundraising exercise.
In connection with the QIP, the trading window for dealing in Aditya Infotech's securities has been closed for all designated persons and their immediate relatives. This restriction will remain in effect until 48 hours after the determination of the final issue price per equity share, ensuring fair market practices during the placement process.