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ET Markets - Stocks 72d ago
Adisoft Technologies shares list at 19% premium over IPO price on NSE SME platform
Adisoft Technologies shares opened strong on D-Street, listing at a 19% premium. The company's Rs 74 crore IPO was subscribed over 77 times. Adisoft provides digital automation solutions for manufacturers. IPO funds will support a new facility and debt repayment. Financials show profit growth but volatile revenue. The company aims to scale operations in the growing automation sector.
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