Adisoft Technologies IPO

About Adisoft Technologies IPO

The offer consists of a fresh issue. The fresh issue will include up to 43,08,000 Equity Shares aggregating up to ₹[-] crores. The total number of shares and aggregate amount are yet to be finalised.

Adisoft Technologies price band is set at XX to XX per share. The lot size for an application is XX. The minimum amount of investment required by ……… is ₹XX (XX shares) (based on upper price). The minimum lot size investment for HNI is …….

The Adisoft Technologies IPO opens on XX and closes on YY. The allotment of shares will take place on TBA. The credit of shares to the demat account will take place on TBA. The initiation of refunds will take place on TBA. The listing of shares will take place on TBA.

Adisoft Technologies is an industrial Digital Automation Solutions provider, engaged in the business of designing, developing, procurement, assembling, testing, installation, commissioning & providing engineering services related to Automated assembly lines, Material handling machines, Robotic work cells (e.g., pick-and-place, sealing applications) and Special Purpose Machinery designed to address customer-specific operational requirements.

Objectives of Adisoft Technologies IPO

• Repayment and/or pre-payment, in full or part, of borrowing availed by the company.
• Funding the capital expenditure requirements towards setting up of a new factory unit.
• To meet working capital requirements of the company.
• General corporate purpose.

Industry Outlook

The Indian manufacturing sector is undergoing a profound transformation with the integration of Artificial Intelligence (AI) and Machine Learning (ML) solutions, paving the way for the era of smart factories. According to the NASSCOM report on India Industry 4.0 Adoption, it’s projected that digital technologies will account for 40% of total manufacturing expenditure by 2025 as compared to 20% of expenditure in 2021. The integration of advanced technologies promises not only increased process efficiency but also a reduction in unplanned downtimes, resulting in substantial gains for the manufacturing industry, in addition to its potential to bring disruptive changes, well reflected in India’s Industrial automation market growth pegged at a CAGR of 14.26% to reach $2943 crores by FY2029. India’s Industrial robotics market is growing significantly and is predicted to reach $26.410 crores by 2028 at a CAGR of 2.92%. Industrial robots are revolutionising manufacturing processes.

Adisoft Technologies Company Information

Adisoft Technologies’ services include application of digital technologies and control systems to automate industrial processes, by integrating the shop floor equipment and processes with the IT Layer, thereby, reducing or eliminating human intervention. They provide customized automation solutions primarily to Automobile manufacturers, Automotive OEMs and component/subcomponent manufacturers that require establishment, expansion, upgradation, modification, repair or reconfiguration of existing production lines, or operational set-up. A significant portion of their assignments involve productivity enhancement initiatives, where automation is leveraged to reduce manual dependency, improve process consistency, facilitate data handling and optimize takt times.

They also provide lifecycle support services including system upgrades, retrofitting, Annual Maintenance Contracts (AMC), on-site installation & commissioning & troubleshooting by deputation of engineering team, skilled operators and technician.

Strengths of Adisoft Technologies

• Well-established design & development capabilities.
• Integrated In-House assembling and testing infrastructure.
• Enduring relationships with customers across geographies.
• Experienced promoters and skilled employees.

Risks of Adisoft Technologies

• Dependence on the sale of their services to certain key customers.
• Significant dependence on the performance of the automotive sector for sale of their automation solutions.
• Dependent on a limited number of suppliers, within limited geographical locations for procurement of raw materials.
• Use third party softwares for their designs and developments.
• Operations are majorly concentrated in certain geographical regions.

Notes: (i) Source-All the financial information for listed industry peer "Patil Automation Limited", mentioned above is sourced from the prospectus filed with stock exchange dated June 19, 2025. Adisoft Technologies

(ii) Market Price for the listed peer mentioned above is sourced from stock exchange data dated Sept 22, 2025 to compute the corresponding financial ratios.

(iii) Further, P/E Ratio is based on the current market price of the respective scrips available on NSE.

(iv) The EPS, NAV, RoNW and Total Income of Adisoft Technologies are taken as per Restated Consolidated Financial Statement for the Financial Year 2024-25.

(v) NAV per share is computed as the closing net worth divided by the closing outstanding number of paid-up equity shares.

(vi) P/E Ratio of the peer companies are based on the audited financial results of the company for the year ended March 31, 2025.

(vii) RoNW has been computed as net profit after tax divided by closing net worth.

(viii) Net worth has been computed in the manner as specifies in Regulation 2(1)(hh) of SEBI (ICDR) Regulations, 2018.

(ix) The face value of Equity Shares of Adisoft Technologies is ₹10/- per Equity Share and the Issue price is [-] times the face value of equity share.

Anchor Investor Bidding Date: TBA

Registrar: KFin Technologies Limited Book Running Lead Managers: HEM Securities Limited

Adisoft Technologies Business Model

The company earns its revenue through designing, developing, procurement, assembling, testing, installation, commissioning & providing engineering services related to Automated assembly lines, Material handling machines, Robotic work cells (e.g., pick-and-place, sealing applications) and Special Purpose Machinery designed to address customer-specific operational requirements.

Adisoft Technologies Growth Trajectory

The company’s Total Income grew to ₹133.019 crores in FY25 from ₹104.138 crores in FY24, and ₹76.154 crores in FY23, respectively.

The company’s Profit After Tax grew to ₹16.111 crores in FY25 from ₹11.756 crores in FY24, and ₹6.079 crores in FY23 respectively.

And their EBITDA grew to ₹21.665 crores in FY25 from ₹16.065 crores in FY24, and ₹8.317 crores in FY23, respectively.

Adisoft Technologies Market Position

In February 2021, the Company, together with AIOI Systems Co. Ltd., Japan, and AIOI Systems India Private Limited, entered into a tripartite joint venture agreement. Under this arrangement, AIOI Systems Co. Ltd. holds the majority stake of 76%, while Adisoft Technologies holds 24% of the equity share capital in AIOI Systems India Private Limited. The joint venture focuses on the development, design, manufacturing, marketing, and supply of automation products and devices within the Indian market.

The company has diversified revenue from multiple geographical locations across various states in India. Currently, they market their products to more than 10 states within India and gradually intend to expand their business operations to other geographical locations as well. Their presence in multiple geographies not only helps them in expanding their customer base but also helps them by keeping themselves in tune with the latest technological advancements.

As of 31 March 2025, the company’s Total Income, Profit After Tax, and EBITDA were ₹133.019 crores, ₹16.111 crores, and ₹21.665 crores, respectively.

How to apply for Adisoft Technologies IPO?

• Step 1: Log in to your Kotak Neo Demat account - Log in to your Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details - Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID - After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification - Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request - Your funds will be blocked once you approve the mandate request on your UPI.