Pune based Adisoft Technologies pulled 21x subscription for its ₹74.10 crore IPO on its closing day. The issue saw heavy interest from institutional and retail investors. The firm is raising fresh capital without promoter dilution.
Adisoft builds automated assembly lines, robotic work cells, and material handling systems primarily for auto manufacturers. Its systems integrate PLC, SCADA, and MES frameworks to cut manual intervention on factory floors.
Funds will build a new factory, reduce liability, and boost working capital.
