Introduction to the IPO

The Adisoft Technologies Limited IPO has entered the primary market with a book built issue of ₹74.10 crore, offering investors an opportunity to participate in the growing industrial automation sector. The company provides specialised automation solutions primarily to manufacturing industries, especially in the automotive segment.

The IPO opened for subscription on April 23, 2026, and will close on April 27, 2026, with listing expected on the BSE.

IPO structure and issue details

The IPO is entirely a fresh issue, which means:

• Total Issue Size: ₹74.10 crore
• Fresh Issue: 0.43 crore shares
• Offer for Sale: Nil

This indicates that the company plans to use the proceeds for business expansion and operational growth.

Important dates for investors

• IPO Opening Date: April 23, 2026
• IPO Closing Date: April 27, 2026
• Allotment Date: Expected around April 28, 2026
• Listing Date: Expected around April 30, 2026
• Exchange: BSE

These timelines are important for investors tracking IPO participation and listing outcomes.

Price band and valuation

The price band is set between ₹163 to ₹172 per share.

At the upper band:

• Market Capitalisation: Approximately ₹280.67 crore

This valuation reflects the company’s position in the industrial automation and manufacturing solutions segment.

Lot size and investment requirements

The IPO has defined investment thresholds:

• Lot size: 800 shares
• Minimum retail investment: ₹2,75,200 (2 lots or 1,600 shares)
• HNI minimum investment: ₹4,12,800 (3 lots or 2,400 shares)

This relatively high investment requirement makes it more suitable for investors with higher capital and risk appetite.

IPO management details

• Book Running Lead Manager: Hem Securities Limited
• Registrar: KFin Technologies Limited
• Market Maker: Hem Finlease Pvt Ltd

These institutions ensure smooth handling of the IPO process and post listing support.

Business overview of Adisoft Technologies Limited

Adisoft Technologies Limited is engaged in providing industrial automation solutions to manufacturing companies.

Key offerings include

• Assembly lines
• Conveyor systems
• Inspection systems
• Customised automation solutions

Revenue model

The company generates revenue through two primary segments:

• Automation solutions: 61.31%
• Trading of automation products: 38.69%

This diversified revenue mix allows the company to maintain both project based and product based income streams.

Importance of industrial automation

Industrial automation plays a crucial role in modern manufacturing by:

• Improving productivity
• Reducing manual labour
• Enhancing operational efficiency
• Ensuring quality control

As industries move towards smart manufacturing and Industry 4.0, demand for automation solutions is expected to grow.

Industry outlook

The automation sector in India is expanding due to:

• Growth in manufacturing sector
• Increasing adoption of technology
• Government initiatives like Make in India
• Rising demand for efficiency and cost optimisation

Companies like Adisoft Technologies can benefit from these long term trends.

Grey Market Premium analysis

The Grey Market Premium GMP is currently around ₹0, indicating:

• Neutral investor sentiment
• No strong expectation of listing gains
• Limited activity in unofficial markets

GMP disclaimer

• GMP is not regulated or official
• It depends on informal demand supply dynamics
• Investors should not rely solely on GMP

Strengths of the company

• Presence in growing industrial automation sector
• Strong focus on customised solutions
• Diversified revenue streams
• Increasing demand from manufacturing industries

Risks and challenges

Investors should consider:

• Dependence on automotive sector demand
• Project execution risks
• High competition in automation industry
• Capital intensive operations

These factors can influence company performance.

Investment considerations

Before applying, investors should evaluate:

• Company fundamentals
• Industry growth potential
• Valuation at ₹163 to ₹172 price band
• Personal risk tolerance

Given the SME nature and high investment size, careful analysis is essential.

Join our Telegram Channel for Latest News and Regular Updates.

Start your Mutual Fund Journey  by Opening Free Account in Asset Plus.