IPO Listed — 30 Apr 2026
Listing Price: ₹205
Adisoft Technologies SME IPO GMP History | Listing Price ₹205 & Kostak Rate
Adisoft Technologies SME IPO has been listed on April 30, 2026 at a listing price of ₹205, against the issue price of ₹172 — a gain of ₹33 (+19.19%). The GMP peaked at ₹21 on 29 April 2026 and reached a low of ₹0 on 21 April 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Adisoft Technologies SME IPO raised ₹74 Cr. through its IPO at a price band of ₹163 to ₹172 per share, with a lot size of 800 shares. The IPO was open for subscription from 23 Apr 2026 to 27 Apr 2026.
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 29 Apr 2026 | ₹ 21 | 12% | ₹ 0 | ₹ 0 | |
| 28 Apr 2026 | ₹ 19 | 11% | ₹ 0 | ₹ 0 | |
| 27 Apr 2026 | ₹ 18 | 10% | ₹ 0 | ₹ 0 | |
| 26 Apr 2026 | ₹ 15.5 | 9% | ₹ 0 | ₹ 0 | |
| 25 Apr 2026 | ₹ 11 | 6% | ₹ 0 | ₹ 0 | |
| 24 Apr 2026 | ₹ 10 | 6% | ₹ 0 | ₹ 0 | |
| 23 Apr 2026 | ₹ 10 | 6% | ₹ 0 | ₹ 0 | |
| 22 Apr 2026 | ₹ 7 | 4% | ₹ 0 | ₹ 0 | |
| 21 Apr 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 | |
| 20 Apr 2026 | ₹ 0 | -- | ₹ 0 | ₹ 0 |
Adisoft Technologies SME IPO Dates
| Event | Date |
|---|---|
| Open Date | 23 Apr, 2026 |
| Close Date | 27 Apr, 2026 |
| Allotment Date | 28 Apr, 2026 |
| Refund Date | 29 Apr, 2026 |
| Credit to Demat | 29 Apr, 2026 |
| Listing Date | 30 Apr, 2026 |
Adisoft Technologies SME IPO Actual Listing Price
| Basis | Value |
|---|---|
| Issue Price | ₹172 |
| GMP-Based Estimate (Pre-Listing) | ₹193 (+12.2%) |
| Actual Listing Price | ₹205 (+19.19%) |
| Listing Gain / Loss | +₹33 per share |
| Listing Date | 30 Apr, 2026 |
Is Adisoft Technologies SME IPO GMP Reliable?
Grey market premium for Adisoft Technologies SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- Cross-check before acting: Review the Adisoft Technologies SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Adisoft Technologies SME IPO IPO Kostak Rate Explained
The Kostak rate for Adisoft Technologies SME IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Adisoft Technologies SME IPO
The company offers industrial digital automation solutions such as automated assembly lines, material handling systems, robotic work cells, and special purpose machinery tailored to customer requirements. Its business model is project-based, covering design, procurement, assembly, installation, and commissioning along with lifecycle support services. The company is promoted by Ajay Chandrashekhar Prabhu and Preeti Ajay Prabhu, who bring engineering and automation domain experience and drive long-term customer relationships with automotive OEMs and component manufacturers.
Strengths & Risks
Strengths
- ✓ Revenue has grown steadily from ₹75.54 crore in FY23 to ₹131.72 crore in FY25, and PAT jumped from ₹5.83 crore to ₹15.94 crore in the same period.
- ✓ Promoters bring over 28 years of industry experience, which gives strong execution capability.
- ✓ Company has an in-house assembly unit in Pune covering procurement, assembling, testing, installation and commissioning end-to-end without depending on third parties.
- ✓ Team of 100+ employees skilled in automation, planning, manufacturing, robotics simulation and robot programming supports project delivery.
- ✓ Business is well-placed to benefit from India's Industry 4.0 push and the shift from manual assembly to robotic work cells in manufacturing.
Risks
- ⚠ Very high customer concentration — the top 1 customer contributed ₹63.18 crore or 48.48% of revenue in FY25, so losing this client can hurt badly.
- ⚠ Heavy dependence on the automotive sector, which makes the business cyclical and sensitive to auto industry slowdowns.
- ⚠ Negative cash flows are a key concern even though profitability looks strong on paper.
- ⚠ Debt-to-equity ratio of 0.58 is rising , so post-IPO deleveraging will be important to watch.
- ⚠ Being an NSE SME listing, trading volumes are typically lower than mainboard, which can limit price discovery and exit liquidity for investors.
Frequently Asked Questions about Adisoft Technologies SME IPO
What is the GMP of Adisoft Technologies SME IPO?
The current Grey Market Premium (GMP) of Adisoft Technologies SME IPO is ₹ 21.
What is the Kostak Price of Adisoft Technologies SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Adisoft Technologies SME IPO is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
What is the Subject to Sauda Price of Adisoft Technologies SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
What was the actual listing price of Adisoft Technologies SME IPO?
Adisoft Technologies SME IPO listed on April 30, 2026 at ₹205, against the issue price of ₹172 — a gain of +19.19%.
How did the GMP of Adisoft Technologies SME IPO trend before listing?
The GMP of Adisoft Technologies SME IPO was rising in its final days before listing. The GMP peaked at ₹21 on 29 April 2026. View the day-wise table above for the complete GMP history.
Explore Adisoft Technologies SME IPO Further
For a complete picture before making your investment decision, explore these resources:
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