Adisoft Technologies Limited, a company engaged in providing:

Industrial automation solutions

primarily to manufacturing businesses in the automotive sector, has launched its:

Book Built IPO

worth approximately:

₹74.10 crore

The public issue consists entirely of a:

Fresh issue

of around:

0.43 crore equity shares

The IPO opened for subscription on:

April 23, 2026

and closed on:

April 27, 2026

The allotment is expected to be finalized on:

April 28, 2026

while the tentative listing date on the:

BSE SME platform

is scheduled for:

April 30, 2026

The IPO has drawn attention due to the growing demand for industrial automation and smart manufacturing solutions in India.

About Adisoft Technologies Limited

Adisoft Technologies Limited operates in the industrial automation segment and mainly serves manufacturing companies, especially in the:

• Automotive sector
• Industrial production segment
• Factory automation industry

The company designs, develops, and installs customized automation systems aimed at improving manufacturing efficiency and reducing manual intervention.

Its automation systems include:

• Assembly lines
• Conveyor systems
• Inspection systems
• Industrial automation infrastructure

These solutions are widely used in manufacturing plants to streamline operations and improve productivity.

How the Company Earns Revenue

Adisoft Technologies generates revenue from two primary business segments:

Automation Solutions – 61.31%

This segment includes customized industrial automation systems designed specifically for client manufacturing facilities.

Trading of Automation Products – 38.69%

The company also earns revenue through trading automation-related products and components.

The diversified revenue model helps the company maintain operational flexibility while participating in India’s growing automation industry.

Importance of Industrial Automation Sector

Industrial automation is becoming increasingly important as manufacturers seek to:

• Reduce operational costs
• Improve production efficiency
• Minimize human error
• Enhance product quality
• Increase production speed

The automotive sector, in particular, has emerged as one of the largest adopters of factory automation technologies.

India’s manufacturing sector is also witnessing increased digital transformation under initiatives aimed at boosting industrial competitiveness.

Adisoft Technologies IPO Details

IPO Size

The IPO size stands at:

₹74.10 crore

The issue comprises entirely a fresh issue, meaning the proceeds will primarily go to the company rather than existing shareholders.

Price Band

The IPO price band has been fixed at:

₹163 to ₹172 per equity share

Market Capitalisation

At the upper price band of ₹172 per share, the estimated market capitalization of the company will be approximately:

₹280.67 crore

Lot Size

The lot size for the IPO is:

800 shares

Minimum Investment Requirements

Retail Investors

Retail investors are required to apply for a minimum of:

2 lots

which equals:

1,600 shares

The minimum investment amount for retail investors is approximately:

₹2,75,200

HNI Investors

High-Net-Worth Individuals (HNIs) need to apply for a minimum of:

3 lots

or:

2,400 shares

requiring a minimum investment of approximately:

₹4,12,800

The relatively high application size may limit participation from small retail investors.

IPO Management and Registrar

The IPO is being managed by:

HEM Securities Limited

which is acting as the:

Book Running Lead Manager

The registrar to the issue is:

KFIN Technologies Limited

The designated market maker for the issue is:

Hem Finlease Pvt. Ltd.

Grey Market Premium (GMP) Analysis

According to available market information, the:

Grey Market Premium (GMP)

for Adisoft Technologies IPO is currently estimated at:

₹0

This indicates that there is currently no significant premium or discount activity being observed in the unofficial grey market.

What GMP Indicates

Grey Market Premium is generally used by market participants to estimate possible listing sentiment before the stock officially begins trading on the exchange.

However, GMP:

• Is unofficial
• Is unregulated
• Depends on demand and supply
• Does not guarantee listing performance

Investors are usually advised not to rely solely on GMP while making investment decisions.

Business Strengths of Adisoft Technologies

Growing Automation Demand

The company operates in a sector expected to benefit from increasing automation adoption across Indian manufacturing industries.

Manufacturers are increasingly investing in:

• Smart factories
• Robotics
• Automated systems
• Production efficiency

Automotive Sector Exposure

The automotive industry remains one of the strongest users of industrial automation technologies.

As automotive production expands, demand for automation solutions could potentially increase further.

Customized Engineering Capabilities

The company’s ability to design and implement customized automation systems may provide a competitive advantage in niche industrial applications.

Risks Associated With the IPO

Dependence on Manufacturing Sector

The company’s business performance is closely linked to industrial and manufacturing activity.

Any slowdown in manufacturing investments could affect demand for automation systems.

Customer Concentration Risks

Automation solution providers sometimes rely heavily on a limited number of industrial clients.

Loss of major clients may impact revenue stability.

High Competition

The industrial automation sector includes several established domestic and international players.

Competitive pricing pressure may affect margins.

SME Listing Risks

Since the IPO is listing on the:

BSE SME platform

investors should be aware of:

• Lower liquidity
• Higher price volatility
• Limited institutional participation

compared to mainboard-listed companies.

Industry Outlook

India’s industrial automation market is expected to grow steadily due to:

• Rising labour costs
• Manufacturing modernization
• Digital transformation
• Government industrial initiatives
• Increased export competitiveness

Automation adoption is expanding across sectors including:

• Automotive
• Electronics
• Pharmaceuticals
• Consumer goods
• Warehousing

Companies positioned in this space may benefit from long-term structural demand growth.

Use of IPO Proceeds

As the issue consists entirely of a fresh issue, the company is expected to utilize the funds for:

• Business expansion
• Working capital requirements
• Operational strengthening
• General corporate purposes

Investors generally monitor how efficiently IPO proceeds are deployed after listing.

Investor Considerations

Investors evaluating the Adisoft Technologies IPO may consider factors such as:

• Industry growth potential
• Financial performance
• Valuation levels
• Competitive positioning
• SME platform risks

The industrial automation sector offers long-term growth opportunities, but smaller companies may also face execution and scalability challenges.

IPO Timeline

Key Takeaways From Adisoft Technologies IPO

₹74.10 Crore Fresh Issue

The IPO consists entirely of a fresh issue of shares.

Industrial Automation Focus

The company provides factory automation systems mainly for automotive manufacturers.

Price Band Fixed at ₹163–₹172

The estimated market capitalization at the upper band is ₹280.67 crore.

GMP Currently Flat

The grey market premium is estimated at ₹0, indicating neutral unofficial sentiment.

Join our Telegram Channel for Latest News and Regular Updates.

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