- Price Band fixed at ₹ 640 to ₹ 675 per equity share of face value of ₹ 1 each (“Equity Share”);
- Bid /Offer will open on Tuesday, July 29, 2025 and close on Thursday, July 31, 2025. The Anchor Investor Bidding Date shall be Monday, July 28 , 2025
- Bids can be made for a minimum of 22 Equity Shares and in multiples of 22 Equity Shares thereafter
- A discount of ₹ 60 per equity share is being offered to eligible employees bidding in the employee reservation portion
National, July 24, 2025 ( TGN ): Aditya Infotech Limited (the “Company”) shall open its Bid / Offer in relation to its initial public offer of Equity Shares on Tuesday, July 29, 2025.
The total offer size of Equity Shares aggregating up to ₹ 13000 million [₹ 1300 crore] comprises of fresh issue aggregating up to ₹ 5000 million [₹ 500 crore] and Offer for Sale aggregating up to ₹ 8,000 million [₹ 800 crore] by Selling Shareholders. (“The Total Offer Size”).with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Offer Price.
The Anchor Investor Bidding Date shall be Monday, July 28, 2025. The Bid/Offer will open on Tuesday, July 29, 2025 for subscription and will close on Thursday, July 31 , 2025.
The Price Band of the Offer has been fixed at₹640 to ₹ 675 per Equity Share. Bids can be made for a minimum of 22 Equity Shares and in multiples of 22 Equity Shares thereafter.
A discount of ₹ 60 per equity share is being offered to eligible employees bidding in the employee reservation portion
The Company proposes to utilise net proceeds from fresh issue of Equity Shares towards Prepayment and/or repayment of all or a portion of certain outstanding borrowings availed by Company; and balance amount towards general corporate purposes (“Object of Issue”).
The offer for sale comprises of Equity shares aggregating up to ₹ 5,240.04 million by Aditya Khemka, aggregating up to ₹123.16 million by Ananmay Khemka and aggregating up to ₹2,000.00 million by Rishi Khemka (the “Promoter Selling Shareholder”), aggregating up to ₹ 426.40 million by Hari Shankar Khemka (HUF), aggregating up to ₹ 198.90 million by Shradha Khemka and aggregating up to ₹ 11.50 million by Aditya Khemka (HUF). (the “Promoter Group Selling Shareholder”). (Combined, “The Selling Shareholders”)
ICICI Securities Limited and IIFL Capital Services Limited (formerly known as IIFL Securities Limited) are the Book Running Lead Managers or BRLMs to the Issue.
This Equity Shares are being offered through the red herring prospectus of the Company dated July 23, 2025 (the “RHP”) filed with Registrar of Companies, Delhi and Haryana at New Delhi “RoC”) and are proposed to be listed on the BSE Limited (“BSE”) and the National Stock Exchange of India Limited (“NSE”).
This Offer is being made through the Book Building Process, in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957 (“SCRR”) read with Regulation 31 of the SEBI ICDR Regulations and in compliance with Regulation 6(2) of the SEBI ICDR Regulations wherein not less than 75% of the Net Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIBs”, and such portion, the “QIB Portion”), provided that our Company, in consultation with the BRLMs, may allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis (“Anchor Investor Portion”). One-third of the Anchor Investor Portion shall be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the price at which allocation will be made to Anchor Investors, in accordance with the SEBI ICDR Regulations. In the event of under-subscription or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the QIB Portion (other than the Anchor Investor Portion) (the “Net QIB Portion”).
Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only, subject to valid Bids being received at or above the Offer Price, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to QIBs (other than Anchor Investors), including Mutual Funds, subject to valid Bids being received at or above the Offer Price. Further, not more than 15% of the Net Offer shall be available for allocation to Non-Institutional Bidders (out of which one-third of the portion available to Non-Institutional Bidders shall be reserved for Bidders with an application size of more than ₹0.20 million and up to ₹1.00 million and two-thirds shall be reserved for Bidders with an application size of more than ₹1.00 million, provided that the unsubscribed portion in either of the aforementioned sub-categories may be allocated to Bidders in the other sub-category) and not more than 10% of the Net Offer shall be available for allocation to Retail Individual Bidders in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Offer Price.
Further, Equity Shares will be allocated on a proportionate basis to Eligible Employees applying under the Employee Reservation Portion, subject to valid Bids received from them at or above the Offer Price. All Bidders, other than Anchor Investors, are required to participate in the Offer by mandatorily utilising the Application Supported by Blocked Amount (“ASBA”) process by providing details of their respective ASBA Account (as defined hereinafter) and UPI ID in case of UPI Bidders (as defined hereinafter), as applicable, pursuant to which their corresponding Bid Amounts will be blocked by the Self-Certified Syndicate Banks (“SCSBs”) or by the Sponsor Banks under the UPI Mechanism, as the case may be, to the extent of respective Bid Amounts. Anchor Investors are not permitted to participate in the Offer through the ASBA process. For further details, see “Offer Procedure” on page 477 of the RHP.
