Aditya Infotech GMP robust at 30% ahead of IPO. Should you subscribe?
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The upcoming IPO of Aditya Infotech, known for its CP Plus brand in video surveillance and smart camera systems, is making waves in the grey market. Its shares are trading with a grey market premium (GMP) between Rs 205 and Rs 210 per share, translating to a premium of over 30% above the upper price band of the issue. This strong premium suggests robust interest from investors even before the public offering opens. The GMP is often seen as an unofficial indicator of investor sentiment and potential listing performance. A 30% premium in the grey market ahead of the IPO indicates that the offering has gained strong traction—possibly due to the company’s growing presence in smart security solutions, its diversified portfolio, and its expansive domestic distribution network. Aditya Infotech IPO price band and structure The price band for the Aditya Infotech IPO has been set at Rs 640–Rs 675 per share. The IPO seeks to raise a total of Rs 1,30...