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28 Apr 2026
Adisoft Technologies GMP: Unlisted shares of Adisoft Technologies Ltd trade at Rs 187 apiece in the grey market, which is an 8.72% premium over the upper IPO price of Rs 172.
Adisoft Technologies IPO Day 3: The initial public offering (IPO) of Adisoft Technologies Ltd, an industrial digital automation solutions provider, is going to be closed today, April 17. The three-day IPO opened for public subscription on April 23. Till 11:30 am on the final day of bidding on Monday, the IPO received a 12.52x subscription, receiving bids for 3,58,88,000 shares as against 28,66,400 shares on offer.
Its retail category has got a 10.38x subscription. The non-institutional investors (NII) category has received a 24.62x subscription. The qualified institutional buyers (QIBs) category got 7.19x subscription.
The price band of the Rs 74.1-crore IPO has been fixed in the range of Rs 163 to Rs 172 apiece.
Adisoft Technologies IPO GMP Today
According to market observers, unlisted shares of Adisoft Technologies Ltd were trading at Rs 187 apiece in the grey market, which is an 8.72 per cent premium over the upper IPO price of Rs 172. It indicates a positive listing.
The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
The company is scheduled to list on the NSE SME platform with a tentative debut date of April 30.
Adisoft Technologies IPO Lot Size
The IPO has a lot size of 800 shares. At the upper end of the price band, a retail investor will need to invest a minimum of Rs 2,75,200 (1,600 shares). For non-institutional investors (NII), the minimum application size is 3 lots, or 2,400 shares, translating into an investment of Rs 4,12,800.
Adisoft Technologies Ltd raised Rs 21.08 crore from anchor investors on April 22, 2026.
Adisoft Technologies IPO: More Details
Adisoft Technologies Ltd is an industrial digital automation solutions provider that designs, develops, procures, assembles, tests, installs and commissions customised automation systems for manufacturing operations. Its offerings include automated assembly lines, material handling machines, robotic work cells such as pick-and-place and sealing systems, and special purpose machinery built for specific customer requirements.
The company also provides engineering services focused on integrating shop-floor equipment with IT systems through digital technologies and control systems, helping reduce manual intervention and improve process efficiency.
On the financial front, the company reported total income of Rs 133.02 crore in FY25, compared with Rs 104.14 crore in FY24 and Rs 76.15 crore in FY23. Profit after tax stood at Rs 16.11 crore in FY25, up from Rs 11.76 crore in FY24 and Rs 6.08 crore in FY23. For the six months ended October 31, 2025, total income came in at Rs 55.71 crore, while PAT was Rs 3.74 crore.
Its net worth increased to Rs 53.03 crore as of October 31, 2025, from Rs 49.25 crore in March 2025. Total borrowings stood at Rs 19.68 crore as of October 31, 2025.
The company plans to utilise IPO proceeds mainly for repayment or prepayment of borrowings worth Rs 10 crore, capital expenditure of Rs 37.77 crore for setting up a new factory unit, Rs 10 crore towards working capital needs, and the remaining amount for general corporate purposes.
As of October 31, 2025, key performance indicators showed ROE at 7.39 per cent, ROCE at 9.05 per cent, debt-to-equity ratio at 0.37, PAT margin at 6.89 per cent and EBITDA margin at 10.76 per cent. Post issue, promoter holding is expected to decline from 99.98 per cent to 73.6 per cent. The company’s estimated post-issue market capitalisation is Rs 280.67 crore.
Ajay Chandrashekhar Prabhu and Preeti Ajay Prabhu are the promoters of the company.
The IPO allotment will likely be finalised on April 28, 2026.
