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Market: Euronext Growth Paris
Subsector: Electronic Equipment
Isin code: FR0013284627
Symbol: ALARF


IPO Date: 16/10/2017
Issue type: Initial Public offering
IPO Price: EUR 10.11
Price range: EUR 10.11 - EUR 12.35

Company Profile

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Date Title
16 Oct 2017 Euronext Growth welcomes tech company Adeunis expand

€7.4 million raised with a market capitalisation of over €22 million

Paris – 16 October 2017 – Adeunis, a French tech SME specialised in wireless connected objects, celebrated its listing on the Euronext Growth Paris market today during a ceremony at the Paris stock exchange attended by management, contributors and advisers.

Founded in 2000 in the French Alps (Crolles), Adeunis manufactures and markets connected sensors and ready-to-use wireless solutions dedicated to the Internet of Things (IoT) and machine-to-machine communication that ensure the secure transmission of data. The company financed its own growth until 2011, when it was joined by investors including A Plus Finance, Capital Export and Tempocap. Its expertise has driven expansion in Europe and the United States, generating sales of over €9 million in 2016.

Adeunis (ticker code ALARF) was listed through the admission to trading on 16 October 2017 of 2,182,960 shares, including 736,757 new shares issued as part of a Global Offering[1].

The offering price was set at €10.11 per share. Market capitalisation was around €22million on the day of listing, and the IPO raised a total of €7.4 million.

At the listing ceremony, Adeunis CEO Pascal Saguin stated: “We would like to extend warm thanks to our institutional and individual investors for their trust and confidence. We also want to thank our longstanding shareholders who have stood by us once again and who share our strategy for bold growth. Funds raised by listing will be used to accelerate our deployment across Europe and the United States, and step up growth on markets focusing on industrial IoT and professional audio solutions.”

For more information on Euronext and tech company financing through capital markets, visit


[1] The Global Offering was made up of a Public Offering that included an Open Price Offer (OPO) in France and a Global Placement in France and other countries, primarily with institutional investors.

About Adeunis
Founded in 2000, Adeunis designs, manufactures and commercialises sensors and wireless solutions that enhance operational performance in today’s connected world.  Specialised in securely capturing and transmitting data, its five million solutions meet the specific needs of sectors as varied as building management, process optimisation, sports and services. Adeunis’ targeted technology solutions and industrial-scale capacity have won over clients such as  Areva, EDF, Enedis, Legrand, the French Professional Football League, OCEA Smart Building, SNCF, Suez and Veolia Environnement.
With offices in France and the United States, and an international distribution network, Adeunis reported sales of over €9 million in 2016. For more information, visit

16 Oct 2017 IPO Adeunis expand

Listing of Adeunis on Euronext Growth

Listing of Adeunis on Euronext Growth

Pascal Saguin , CEO of Adeunis,opens the trading day in Paris.

Adeunis specializes in the design, manufacturing and marketing of connected objects and Internet of Things (IoT) and machine-to-machine (M2M)-based radio frequency transmission solutions for use in sectors including smart building, remote energy data management, industrial optimization, connected agriculture, transport, infrastructure, sport, services, etc. Also, the group designs and develops customized radio solutions tailored to the specific needs of customers. The group's activity is organized around 3 families of products:

  • long-range radiofrequency transmission modules;
  • ready-to-use wireless transmission systems: radio modems, radio frame transmitters and receivers, wireless communication gateways, telemetry systems, data retrieval systems, radio temperature transmitters, remote controls, etc.;
  • wireless communication systems: audio conferencing systems and portable radio terminals for secure and confidential communications in noisy or harsh environments, sold under Vokkero brand.