The initial public offering of Adisoft Technologies Ltd has drawn notable attention in the SME segment, supported by strong investor participation across categories. As the subscription window has now closed, focus has shifted to the allotment process and upcoming listing.
IPO Timeline and Structure
Adisoft Technologies launched its IPO as a book-built issue with a total size of ₹74.10 crore. The offering consisted entirely of a fresh issue of approximately 0.43 crore equity shares, indicating that the company is raising capital primarily for its growth and operational requirements.
The IPO opened for subscription on April 23, 2026, and closed on April 27, 2026. The allotment of shares is expected to be finalised on April 28, 2026. Following this, the company is scheduled for a tentative listing on April 30, 2026, on the NSE SME platform.
The price band for the issue was fixed between ₹163 and ₹172 per share. Investors were required to apply in lots of 800 shares, translating to a minimum investment of ₹2,75,200 for retail participants at the upper price band.
Subscription Performance Across Categories
The IPO witnessed a strong response from investors, reflecting robust demand for SME offerings in the current market environment. By the close of bidding on April 27, 2026, the issue was subscribed 77.45 times overall.
Among different investor segments, the Non-Institutional Investor (NII) category recorded the highest demand, subscribing 120.16 times. This indicates significant interest from high-net-worth individuals.
The Qualified Institutional Buyers (QIBs) segment, excluding anchor investors, saw a subscription of 98.23 times, demonstrating solid institutional participation. Meanwhile, the retail individual investor category was subscribed 47.27 times, highlighting healthy engagement from individual investors.
This broad-based demand across categories underscores the market’s response to the company’s business model and growth potential.
Share Allocation Breakdown
The total issue comprised 43,08,000 shares, distributed across multiple investor categories. The allocation included shares reserved for QIBs, anchor investors, NIIs, retail investors, and market makers.
Retail investors were allocated 14,33,600 shares, while NIIs were offered 6,14,400 shares. The QIB category had a total allocation of 20,44,000 shares, including anchor investors. Additionally, 2,16,000 shares were reserved for market makers to ensure liquidity post-listing.
This structured allocation reflects the standard framework followed in SME IPOs, balancing participation across investor segments.
Process to Check Allotment Status
Investors can track their allotment status through official online platforms. The status is typically available on the stock exchange portal as well as the registrar’s website.
On the exchange platform, users need to select the IPO category, choose the company name, and enter details such as PAN or application number. Similarly, the registrar’s website provides access to allotment status by entering client ID, application number, or PAN details.
The allotment process determines the number of shares assigned to applicants based on demand and category-wise reservation.
Business Profile of Adisoft Technologies
Adisoft Technologies operates in the industrial automation space, focusing on delivering digital automation solutions for manufacturing processes. The company is engaged in designing, developing, and implementing automation systems tailored to specific industrial requirements.
Its offerings include automated assembly lines, robotic work cells, material handling systems, and special-purpose machinery. These solutions are designed to improve operational efficiency by reducing manual intervention and enhancing precision.
The company primarily caters to automobile manufacturers, automotive OEMs, and component suppliers. Its services support businesses in setting up new production lines, upgrading existing systems, and reconfiguring operational processes.
All systems are assembled at its manufacturing facility located in MIDC Bhosari, Pune. The unit is equipped with the necessary infrastructure for assembly, testing, and quality assurance, ensuring reliability in delivered solutions.
Summary
The IPO of Adisoft Technologies has concluded with strong investor participation, achieving an overall subscription of 77.45 times. The allotment is expected to be finalised on April 28, 2026, followed by a planned listing on April 30, 2026, on the NSE SME platform.
With a fresh issue structure and significant demand across investor categories, the IPO reflects active interest in SME listings. The company’s focus on industrial automation and digital integration positions it within a growing segment of manufacturing technology solutions.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.
