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CP Plus Operator Aditya Infotech Launches Rs 1,500 Crore QIP for Debt Repayment, Growth
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Moneycontrol•22-09-2026, 21:41
CP Plus Operator Aditya Infotech Launches Rs 1,500 Crore QIP for Debt Repayment, Growth
- •Aditya Infotech, operator of the CP Plus brand, has initiated a Qualified Institutional Placement (QIP) to raise up to Rs 1,500 crore.
- •The company's board approved a floor price of Rs 3,648.43 per share for the QIP, with a potential discount of up to 5%.
- •The indicative issue price is Rs 3,467 per share, with proceeds earmarked for debt repayment, capital expenditure, inorganic growth, and general corporate purposes.
- •Investment banks ICICI Securities and IIFL Capital are advising on the transaction.
- •Aditya Infotech, which debuted in August 2025, has seen its share price surge over 122% in the last six months, reaching a market capitalization of over Rs 43,000 crore.
Key Questions Answered
Aditya Infotech has launched a qualified institutional placement (QIP) to raise up to Rs 1,500 crore.
The company's board approved a floor price of Rs 3,648.43 per share, with an indicative issue price of Rs 3,467 per share.
The proceeds will be used for debt repayment by the company and its subsidiaries, financing capital expenditure requirements, funding inorganic growth, and general corporate purposes.
