Comparison between Adisoft Technologies IPO and Fractal Industries IPO.
Adisoft Technologies IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Fractal Industries IPO is a SME Bookbuilding proposed to list at BSE SME.
| Adisoft Technologies IPO | Fractal Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Finaax Capital Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Adisoft Technologies IPO is up to ₹70.38 Cr whereas the issue size of the Fractal Industries IPO is up to ₹46.54 Cr. The final issue price of Adisoft Technologies IPO is ₹172.00 per share and of Fractal Industries IPO is ₹216.00 per share.
| Adisoft Technologies IPO | Fractal Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹163.00 per share | ₹205.00 per share |
| Issue Price (Upper) | ₹172.00 per share | ₹216.00 per share |
| Issue Price (Final) | ₹172.00 per share | ₹216.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 800 shares | 600 shares |
| Fresh Issue Size | 40,92,000 shares | 21,54,600 shares |
| Fresh Issue Size (Amount) | up to ₹70.38 Cr | up to ₹46.54 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 40,92,000 shares | 21,54,600 shares |
| Issue Size Total (Amount) | up to ₹70.38 Cr | up to ₹46.54 Cr |
Adisoft Technologies IPO opens on Apr 23, 2026, while Fractal Industries IPO opens on Feb 16, 2026. The closing date of Adisoft Technologies IPO and Fractal Industries IPO is Apr 27, 2026, and Feb 18, 2026, respectively.
| Adisoft Technologies IPO | Fractal Industries IPO | |
|---|---|---|
| Anchor Bid Date | Apr 22, 2026 | Feb 13, 2026 |
| Issue Open | Apr 23, 2026 | Feb 16, 2026 |
| Issue Close | Apr 27, 2026 | Feb 18, 2026 |
| Basis Of Allotment (Tentative) | Apr 28, 2026 | Feb 20, 2026 |
| Initiation of Refunds (Tentative) | Apr 29, 2026 | Feb 23, 2026 |
| Credit of Share (Tentative) | Apr 29, 2026 | Feb 23, 2026 |
| Listing date (Tentative) | Apr 30, 2026 | Feb 24, 2026 |
| Anchor Lockin End date 1 | May 28, 2026 | Mar 22, 2026 |
| Anchor Lockin End date 2 | Jul 27, 2026 | May 21, 2026 |
Adisoft Technologies IPO P/E ratio is 12.82, as compared to Fractal Industries IPO P/E ratio of 15.99.
| Adisoft Technologies IPO | Fractal Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.98 | 97.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.6 | 69.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.82 | 15.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹280.67 Cr. | ₹169.54 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 39.11 | 63.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.12 | 25.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.58 | 1.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.41 | ₹13.51 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 32.71 | 48.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Adisoft Technologies IPO Retail Individual Investors (RII) are offered 14,33,600 shares while in Fractal Industries IPO retail investors are offered 14,33,600 shares. Qualified Institutional Buyers (QIB) are offered 8,18,400 shares in Adisoft Technologies IPO and 4,30,800 shares in Fractal Industries IPO.
| Adisoft Technologies IPO | Fractal Industries IPO | |
|---|---|---|
| Anchor Investor Reservation | 12,25,600 shares | 6,45,000 shares |
| Market Maker Reservation | 2,16,000 shares | 1,14,000 shares |
| QIB | 8,18,400 shares | 4,30,800 shares |
| NII | 6,14,400 shares | 3,24,000 shares |
| RII | 14,33,600 shares | 7,54,800 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 40,92,000 shares | 21,54,600 shares |
Adisoft Technologies IPO subscribed 54.25x in total, whereas Fractal Industries IPO subscribed 3.81x.
| Adisoft Technologies IPO | Fractal Industries IPO | |
|---|---|---|
| QIB (times) | 98.23x | 5.95x |
| NII (times) | 120.16x | 7.91x |
| Big NII (times) | 149.66x | 9.45x |
| Small NII (times) | 61.16x | 4.85x |
| RII (times) | 47.27x | 4.09x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 54.25x | 3.81x |
