Adisoft Technologies IPO Day 3: Issue subscribed 28.69x so far. Check GMP, issue details, more

April 27, 2026 · 1:28 pm IST Source: LiveMint
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Key Takeaways

  • Considering the upper end of Adisoft Technologies price band and the current premium in the grey market, the estimated listing price of Adisoft Technologies share price was indicated at ₹183 apiece, which is 6.40% higher than the IPO price of ₹172.
  • Adisoft has witnessed considerable growth in recent years, with revenue rising to ₹133 crore in FY25 from ₹76 crore in FY23.
  • In FY25, the profit after tax was noted at ₹16.1 crore.
  • However, the most recent financial results reflect a downturn, with PAT recorded at ₹3.74 crore for the period ending October 2025.

Full Report

₹163 and ₹172. " width="600" height="338" fetchpriority="high" loading="eager"/>Adisoft Technologies IPO started on April 23 and ends on April 27, with shares priced between ₹163 and ₹172. AI Quick ReadThe Adisoft Technologies initial public offering (IPO) began on Thursday, April 23, and will end on Monday, April 27. The price range for the Adisoft Technologies IPO is established at ₹163 to ₹172 for each equity share, which holds a face value of ₹10.

Investors have the option to bid for a minimum of 800 equity shares, with the possibility of acquiring additional shares in increments of 800.

Adisoft Technologies Ltd serves as a provider of digital automation solutions across various industries, offering a wide array of services throughout the automation landscape. The company focuses on the design, development, procurement, assembly, testing, installation, and commissioning of advanced automation systems tailored to the specific requirements of clients. Its primary offerings encompass automated assembly lines, material handling solutions, robotic work cells such as pick-and-place and sealing systems, along with diverse specialized machinery.

Adisoft focuses on combining digital technologies with control systems to automate industrial processes, effectively connecting shop-floor machinery with IT frameworks. This combination reduces or entirely eliminates the necessity for manual involvement, boosts efficiency, and enhances operational precision for its customers.

Adisoft has witnessed considerable growth in recent years, with revenue rising to ₹133 crore in FY25 from ₹76 crore in FY23. In FY25, the profit after tax was noted at ₹16.1 crore. However, the most recent financial results reflect a downturn, with PAT recorded at ₹3.74 crore for the period ending October 2025.

The IPO has garnered anchor investor commitments totaling around ₹21 crore, providing some institutional backing ahead of the issue's opening.

Around 50% of the net offer is designated for qualified institutional buyers, while retail investors are allocated 35%. The involvement of anchor investors provides a level of stability, yet SME IPOs continue to be primarily driven by retail participation in terms of subscriptions.

Adisoft Technologies IPO GMP is +11. Considering the upper end of Adisoft Technologies price band and the current premium in the grey market, the estimated listing price of Adisoft Technologies share price was indicated at ₹183 apiece, which is 6.40% higher than the IPO price of ₹172.

According to the recent analysis of the last 8 sessions of grey market activities, the IPO GMP is currently on an upward trend, indicating a robust listing. The minimum GMP recorded is ₹0.00, while the maximum stands at ₹16.50, as reported by experts.

'Grey market premium' indicates investors' readiness to pay more than the issue price.

Adisoft Technologies IPO subscription status is 28.69x on day 3 so far, as per chittorgarh.com. The retail portion was subscribed 19.74x, and NII portion is booked 50.94x. The QIB segment is booked 27.67x.

The company has received bids for 8,22,46,400 shares against 28,66,400 shares on offer on the third bidding day, at 13:19 IST, according to data on chittorgarh.com.

Adisoft Technologies IPO comprises a completely new issuance of 43.08 lakh shares.

The capital generated from the IPO will primarily be directed toward capital expenditures, including the establishment of a new manufacturing facility, debt repayment, and fulfilling working capital requirements.

This demonstrates a growth-focused capital allocation strategy, aligned with the expected demand for automation solutions as the Indian manufacturing sector grows and global supply chains adapt.

Hem Securities is the lead manager for the book-running process, while Kfin Technologies serves as the registrar for the offering. Hem Finlease Pvt. Ltd acts as the Market Maker for the company.

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.

Dhanya Nagasundaram works as a Content Producer at LiveMint, specializing in news related to financial markets, stocks, and business. With over eight years of experience in journalism and content creation, she has honed her skills in data-driven reporting and market analysis. Her focus is on monitoring stock trends, initial public offerings (IPOs), corporate news, policy shifts, and larger economic trends that affect investors and market players.

At LiveMint, Dhanya consistently writes and produces articles that make complex financial topics accessible to readers. She keeps a close eye on equity markets, commodities, and macroeconomic indicators, assisting audiences in comprehending how global and domestic events influence investment perspectives. Her stories frequently underscore emerging trends within sectors, the IPO market, company earnings results, and market strategies pertinent to both retail and institutional investors.

Before her tenure at LiveMint, Dhanya accumulated a wealth of professional experience at various companies, including MintGenie, Informist, Cogenics, Chary Publications, KPMG, and the Royal Bank of Scotland. These positions allowed her to establish a solid foundation in financial research, reporting, and content creation.

Throughout her career, she has explored numerous subjects such as trading strategies, commodities, IPOs, wealth generation, corporate profits, and macroeconomic indicators. Her background in both financial journalism and corporate settings has given her the ability to tackle stories with analytical rigor while ensuring clarity for her audience. Through her contributions, Dhanya strives to deliver insightful, trustworthy, and investor-centric financial content.

Originally reported by LiveMint.
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IPO Cracker Take

Grey market premium trends remain a leading indicator for listing-day performance. Pair this with subscription data and financials on each IPO page before applying.

Frequently Asked Questions

Grey market premium (GMP) is the unofficial price at which IPO shares trade before listing. It's a market-driven indicator of listing-day demand. Track live GMP for all active IPOs on our IPO GMP page.

GMP is directional but not precise. Our GMP Accuracy Tracker on the Performance page compares last-day GMP against actual listing prices across historical listings.

A negative GMP signals weak grey-market demand, which historically correlates with flat or below-issue listings. Always cross-check with subscription data before applying.
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