Adisoft Technologies SME IPO
Adisoft Technologies IPO — date, price band, GMP & allotment 2026
Adisoft Technologies SME IPO is scheduled for subscription, with the offer opening and closing within a short window. The company, founded as an IT services and solutions provider, focuses on software development, system integration and digital transformation for enterprise clients. Its business model relies on project execution and recurring support contracts. Adisoft has primary presence in India, while serving domestic corporates and select overseas customers through partnerships and delivery capabilities.
Stock price
Adisoft Technologies is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 11 September.
- Open 23 Apr 2026
- Close 27 Apr 2026
- Allotment 28 Apr 2026
- Refund/credit 29 Apr 2026
- Listing 30 Apr 2026
Issue summary
The terms of the offer, as filed.
| IPO Dates | 23 to 27 Apr, 2026 |
|---|---|
| Price Band | ₹163 – ₹172 |
| Face Value | ₹10 |
| Lot Size | 800 Shares |
| Issue Size | ₹74 Cr |
| Sale Type | Fresh capital only |
| Listing On | NSE SME |
| Registrar | KFin Technologies Limited |
| Min Investment | ₹ 2,75,200 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 800 shares at the ₹172 cut-off. The SME retail application is a fixed 2 lots; HNI starts at 3.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 1,600 | ₹2,75,200 |
| Retail (max) | 2 | 1,600 | ₹2,75,200 |
| HNI (min) | 3 | 2,400 | ₹4,12,800 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 5
- 01Revenue 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.
- 02Promoters bring over 28 years of industry experience, which gives strong execution capability.
- 03Company has an in-house assembly unit in Pune covering procurement, assembling, testing, installation and commissioning end-to-end without depending on third parties.
- 04Team of 100+ employees skilled in automation, planning, manufacturing, robotics simulation and robot programming supports project delivery.
- 05Business 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 · 5
- 01Very 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.
- 02Heavy dependence on the automotive sector, which makes the business cyclical and sensitive to auto industry slowdowns.
- 03Negative cash flows are a key concern even though profitability looks strong on paper.
- 04Debt-to-equity ratio of 0.58 is rising , so post-IPO deleveraging will be important to watch.
- 05Being an NSE SME listing, trading volumes are typically lower than mainboard, which can limit price discovery and exit liquidity for investors.
Three years of numbers
All figures in ₹ crore, as reported in the Adisoft Technologies offer document.
| Metric | 31 Oct 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 98.12 | 111.01 | 83.26 | 49.66 |
| Total Income | 55.71 | 133.02 | 104.14 | 76.15 |
| Profit After Tax | 3.74 | 16.11 | 11.76 | 6.08 |
| EBITDA | 5.91 | 21.66 | 16.06 | 8.32 |
| NET Worth | 53.03 | 49.25 | 33.14 | 21.38 |
| Reserves and Surplus | 41.02 | 49.24 | 33.13 | 21.37 |
| Total Borrowing | 19.68 | 28.42 | 18.13 | 10.08 |
See how this IPO compares — view listing performance of all SME IPOs.
Valuation & key ratios
Ratios are for the latest full financial year reported in the Adisoft Technologies RHP. EPS and P/E are post-issue — the table below carries the pre-issue comparison.
Adisoft Technologies IPO Valuation
How the issue prices the company before and after the fresh shares are created.
| Valuation Metric | Post-Issue |
|---|---|
| EPS (₹) | ₹3.93 |
| P/E Ratio (x) | 43.80 |
| Market Cap at Offer Price (₹ Cr) | ₹163.68 |
Pre-issue figures use the shareholding reported in the RHP; post-issue figures use the shareholding once the fresh issue has created new shares. The two differ because of that dilution and because post-issue earnings per share are often annualised, so the change can run in either direction. Market capitalisation is calculated at the ₹172 offer price. Compare the post-issue P/E against listed peers before deciding — a premium there is growth you are paying for in advance.
Where the money goes
₹61.11 Cr of the issue is earmarked to named objects.
Adisoft Technologies IPO Anchor Investors
8 anchor investors across 8 fund houses committed ₹21.07 Cr a day before the issue opened.
| Anchor Investor | Fund House | Shares | Amount (₹ Cr) | % of Anchor Book |
|---|---|---|---|---|
| Bharat Venture Opportunities Fund | Bharat Venture | 328,800 | 5.66 | 26.83% |
| Motilal Oswal Finvest Ltd. | Motilal Oswal | 328,800 | 5.66 | 26.83% |
| Sanshi Fund-I | Sanshi | 164,800 | 2.83 | 13.45% |
| Meru Investment Fund Pcc-Cell 1 | Meru Investment | 164,000 | 2.82 | 13.38% |
| Hem Growth Opportunities Fund | Hem Growth Opportunities Fund | 64,000 | 1.10 | 5.22% |
| Rajasthan Global Securities Pvt.ltd. | Rajasthan Global Securities | 58,400 | 1.00 | 4.77% |
| Tattvam AIF Trust-Aanjay Ageless AIF Fund | Tattvam | 58,400 | 1.00 | 4.77% |
| Vikasa India Eif I Fund-Incube Global Opportunities | Vikasa | 58,400 | 1.00 | 4.77% |
| Total anchor allocation | 21.07 | |||
Anchor investors bid a day before the issue opens and are locked in after allotment, so a book weighted towards domestic mutual funds is generally read as a stronger signal than one filled by short-horizon funds. Browse every anchor investor scheme or fund house we track.
About the company
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.
Interested in this IPO? Check the live subscription status or browse all upcoming SME IPOs.
+91 8208781102
Meet the promoters
View all →The bankers & the filings
Who is running the book, and the documents this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Hem Securities Ltd.
13 issues handledBest listing: Credent Connect N Care (+90.0%). Weakest: E to E Transportation Infrastructure (0.0%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Adisoft Technologies?
The current Grey Market Premium is ₹21, or 12% over the issue price.
What is the Adisoft Technologies IPO price band?
₹163 to ₹172, on a face value of ₹10.
When is the allotment?
The basis of allotment is 28 April 2026, with listing on 30 April 2026.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every SME and Mainboard issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
