Aditya Infotech Ltd Share Price

History of Aditya Infotech Ltd

Aditya Infotech Limited was incorporated as Perfect Lucky Goldstar International Limited' at New Delhi, pursuant to a Certificate of Incorporation dated March 27, 1995 issued by the RoC and commenced its business pursuant to a Certificate for Commencement of Business dated April 21, 1995. Subsequently, the Company changed the name from Perfect Lucky Goldstar International Limited' to Aditya Infotech Limited', dated September 11, 1997 vide a Fresh Certificate of Incorporation issued by the RoC. The Company offer a comprehensive range of advanced video security and surveillance products, technologies and solutions for enterprise and consumer segments under CP Plus' brand. In addition, it offer services such as fully integrated security systems and Security-as-a-Service directly and throug ...h their distribution network engaged in sectors such as banking, insurance, real estate, healthcare, industrial, defence, education, hospitality, manufacturing, retail and law enforcement. The product line comprises high definition (HD)-analog cameras, digital video recorders (DVRs), internet protocol (IP) network cameras, network video recorders (NVRs), biometric products, access control products, mobile surveillance solutions, body-worn cameras, thermal cameras, temperature screening solutions, interactive displays, routers, cables, power supplies (SMPS), racks and other accessories and products. The Company also partner with other companies and government agencies to develop indigenized innovations including Indian-made Systems on Chips (SoCs) and thermal cameras. Apart from these, the Company offer field management services that include annual preventive maintenance services and quick response services, electric vehicle station management services, IoT automation services, door automation and access control systems. These services are made available through partners, system integrators and system assemblers to their end-customers. It also assist in conceptualizing and executing customized products and solutions for diverse security requirements of customers. The Company launched the CP PLUS' brand in the Indian market during the year 2007; launched the internet protocol (IP) cameras and recorders in 2010-11; and further launched 'CP Plus IP Cube' camera in 2015. The amalgamation between CP Plus India Private Limited with the Company was made effective from April 1, 2016 in the year 2017. The Company further formed a joint venture with Dixon Technologies (India) Limited to outsource and manufacture certain products, including CCTV security cameras, IP cameras and cables from the erstwhile joint venture AIL Dixon Technologies Private Limited. In 2019, the Company designed, supplied, installed and commissioned CCTV camera system at the vulnerable points across various police station jurisdictions of Delhi. It opened the CP PLUS Galaxy Stores' in 2023; further opened CP PLUS' experience stores in four locations across India and inaugurated the manufacturing facility at Kadapa in 2023. The Company has further acquired the balance 50% of equity shares of AIL Dixon from Dixon Technologies (India) Limited, making it a wholly owned subsidiary of the Company in 2024. It has launched, CP PLUS AI powered by an AI-solution that extends the functionality of traditional CCTV cameras to include intelligent video analytics. The Company is planning an IPO by raising funds through equity aggregating upto Rs 1300 Crore Equity Shares, comprising a Fresh Issue of Rs 500 Crore Equity Shares and Rs 800 Crore Equity Shares through Offer for Sale.