New Delhi, July 28 -- Aditya Infotech, India's largest distributor of video surveillance products, is set to raise Rs.1,300 crore through its upcoming initial public offering (IPO). The IPO comprises a fresh issue of Rs.500 crore and an offer-for-sale of Rs.800 crore by the promoters.

Following the listing, the promoters' stake will decline to 77% from 93%. Dixon Technologies, an existing investor, will continue to hold a 7% stake, while public shareholders will own the remaining 24%.

Aditya Infotech is well known for its in-house CP Plus brand, a well-established Indian brand in the security and surveillance industry. It also serves as the exclusive distributor for Dahua Technology, a global leader in video surveillance systems.

The I...