Adisoft Technologies

Book Building issueSMENSE₹74.1 Cr issue
+19.19%
Listing gain over issue price
Price band
₹163 – ₹172
Issue size
₹74.1 Cr
1 lot at cut-off
₹1,37,600
Lot size
800shares
Open
23 Apr 2026
Close
27 Apr 2026
Allotment
28 Apr 2026
Listing
30 Apr 2026

Listing performance

Issue price
₹172
Listed at
₹205
Listing-day close
₹215.25
Latest price
₹186.85
Listing gain
+19.19%
Return since listing
+8.63%

Scheduled dates

Tentative timetable — a past date is not confirmation the step completed

  1. Open
    23 Apr 2026
  2. Close
    27 Apr 2026
  3. Allotment
    28 Apr 2026
  4. Refund
    29 Apr 2026
  5. Demat credit
    29 Apr 2026
  6. Listing
    30 Apr 2026

Grey market premium

Unofficial and indicative — not a forecast

₹21

3 observations recorded — too few to plot a trend.

Day-wise premium · 3 observations
DateGMP%SaudaEst. listingGain / lot
30 Apr 2026₹21+12.21%₹12,800₹193₹16,800
29 Apr 2026₹21+12.21%₹12,800₹193₹16,800
28 Apr 2026₹19.5+11.34%₹11,900₹191.5₹15,600

Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.

Issue details

IPO date
23 Apr 2026 – 27 Apr 2026
Listing date
30 Apr 2026
Face value
₹10 per share
Price band
₹163 – ₹172
Issue price
₹172 per share
Lot size
800 shares
Issue type
Book Building issue
Listing at
NSE
Total issue size
₹74.1 Cr
Market cap at offer price
₹281 Cr
Promoter holding
99.98% → 73.60% pre-issue → post-issue
ISIN
INE20PL01012
Registrar
Kfin Technologies Ltd.
Lead managers
Hem Securities Ltd.
Registered office
Prathamesh Complex & Trading Plot No., PAPBG-102, 103, 104 & 105, 1st and 2nd Floor, MIDC Chinchwad Industrial Area, Bhosari I.E, Maharashtra

Reservation and application size

How the issue is split between investor categories, and what each may bid

Investor categoryShares% of net% of total
Anchor investor · within QIB12,25,600
Market maker 2,16,000

Application size

Minimum 800 shares per lot, in multiples, at ₹172

ApplicationLotsSharesAmount
Retail (min)1800₹1,37,600
S-HNI (min)21,600₹2,75,200
S-HNI (max)75,600₹9,63,200
B-HNI (min)86,400₹11,00,800

Category limits

CategoryBid sizeCut-off
Retail (RII)Up to ₹2 lakhYes
Small HNI (sNII)₹2 lakh – ₹10 lakhNo
Big HNI (bNII)Above ₹10 lakhNo
EmployeeUp to ₹5 lakhYes

Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.

Anchor investors

Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.

Shares allocated
12,25,600
Anchor portion
₹21.08 Cr
at ₹172 per share

Valuation and performance

Valuation at offer price

₹172 per share

MetricPre-issuePost-issue
EPS (₹)13.413.93
P/E (×)12.8343.77
Price to book (×)4.19
Market cap₹281 Cr

Key performance indicators

Latest reported period

Return on net worth
32.71%
ROCE
29.12%
Debt / equity
0.58
PAT margin
12.23%
EBITDA margin
16.45%
NAV per share
₹41.01
Price to book
4.19

Single period as reported. Year-on-year movement is in the financials table below, where every period is published.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey Market Premium is unofficial, indicative data from unregulated grey-market dealers — it is not published by NSE, BSE, SEBI or the issuer, and is not a forecast of the listing price. Nothing here is investment advice or a recommendation; read the offer document and consult a SEBI-registered adviser before applying.