Aditya Infotech Shares Hit 5% Upper Circuit as Company Launches QIP to Raise Up to ₹1,500 Crore
Last Updated: 23rd September 2026 - 12:06 pm
Aditya Infotech shares hit the 5% upper circuit at ₹3,826 on September 23 after the CP Plus brand owner opened a qualified institutional placement that could raise as much as ₹1,500 crore.
The fundraising was opened after the company’s board met on September 22 and fixed ₹3,648.43 per share as the floor price for the issue. The company has the option to offer a discount of up to 5% to that price, while the final issue price will be settled in consultation with the lead managers.
Moneycontrol reported, citing a source, an indicative issue price of ₹3,467 per share.
The money raised is intended for a mix of debt repayment by Aditya Infotech and its subsidiaries, capital expenditure, inorganic growth opportunities and general corporate purposes. ICICI Securities and IIFL Capital are advising on the transaction.
The QIP comes a little over a year after Aditya Infotech entered the public market in August 2025.
Its shares have risen more than 122% over the past six months. At the close on September 22, a day before the QIP announcement moved into focus, the company’s market capitalisation was above ₹43,000 crore.
The company has not yet disclosed the final QIP price or the number of shares that will ultimately be issued.
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