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Adroit Industries (India) Ltd

Adroit Industries (India) Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹134
₹134
GMP (Grey Market)
+₹35
+26.12%
Est. Listing Price
₹169
Based on GMP
Min. Investment
₹14,874
1 lot × 111 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
23 Sep 2026
Close Date
25 Sep 2026
Allotment
28 Sep 2026
Listing Date
30 Sep 2026
Exchange
NSE & BSE
Price Band
₹134
Listing Price
See chart
Allotment Status
Price Band
₹134
Per share
Face Value
₹10 per share
 
Lot Size
111 Shares
per lot
Issue Size
1,12,47,000 shares (agg. up to ₹151 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,874
1 lot
Pre-IPO Holding
3,49,11,340 shares
Promoters
Post-IPO Holding
4,48,08,340 shares
Promoters
P/E (Pre)
25.77x
 
P/E (Post)
28.21x
 
EPS (Pre)
₹5.20
 
EPS (Post)
₹4.75
 
UPI Deadline
5:00 PM on 25 Sep 2026
Mandate
GMP
+₹35
+26.12% est.
Anchor AllotmentTue, 22 Sep 2026
Basis of AllotmentMon, 28 Sep 2026
Refund InitiationTue, 29 Sep 2026
Demat CreditTue, 29 Sep 2026
Listing DayWed, 30 Sep 2026
UPI Mandate Deadline5:00 PM on 25 Sep 2026
Sale TypeFresh capital cum OFS
Fresh Issue Shares98,97,000 shares (agg. up to ₹133 Cr)
Offer for Sale13,50,000 shares of ₹10 (agg. up to ₹18 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Adroit Industries (India) Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 25 Sep 2026.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
11,247,000
100% ₹150.71
IPO Shares Offered
Adroit Industries (India) Ltd IPO total issue size: ₹150.71 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 11,247,000 ₹150.71
100.00%
* Based on upper price band ₹134 per share
Lot Size & Investment
Lot Size
111
Shares per Lot
Issue Price
₹134.00
Upper Band
Min Investment
₹14,874
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2222₹29,748
Retail (Max — 13 Lots)131,443₹193,362
S-HNI (Min — 14 Lots)141,554₹208,236
B-HNI (Min — 68 Lots)687,548₹1,011,432
* Issue Price ₹134 × Lot Size 111 shares
IPO Schedule
Anchor
22 Sep 2026
✓ Done
IPO Open
23 Sep 2026
✓ Done
IPO Close
25 Sep 2026
✓ Done
Allotment
28 Sep 2026
✓ Done
Refunds
29 Sep 2026
✓ Done
Demat Credit
29 Sep 2026
✓ Done
Listing Day
30 Sep 2026
✓ Done
Adroit Industries (India) Ltd — Live Price LIVE
₹134.00
INR · BSE
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Issue ₹134.00 GMP: +₹35 Live Price
About Adroit Industries (India) Ltd
Adroit Industries (India) Ltd., incorporated in 1966, is a manufacturer of propeller shafts and torque-transmission components used in vehicles and industrial machinery.The company has a fully integrated manufacturing setup, handling everything from forging and machining to assembly and testing, which helps maintain quality and efficiency.The company offers over 5,000 products to distributors, large component manufacturers, and OEMs. These are mainly used in commercial vehicles, defense, heavy equipment, and industrial machinery.Its manufacturing facilities are located in Madhya Pradesh, India, and are equipped to support large-scale production.Its customer base includes well-known companies such as Godrej & Boyce Manufacturing Company Limited, BEML Limited, VE Commercial Vehicles Limited, Sandvik Mining and Rock Technology India Private Limited, Oilgear India Private Limited, and other industrial and infrastructure players.Adroit has a strong international presence, exporting to over 25 countries across North America, Europe, the Asia-Pacific region, and other regions. It also maintains long-term relationships with reputed customers, supporting steady revenue and repeat business.Competitive Strengths:A large and diversified product portfolio with over 5,000 SKUsFully integrated manufacturing operations ensure quality control and cost efficiencyStrong and long-standing relationships with a diversified customer baseHigh entry barriers supported by technical expertise and validation capabilitiesWell-established export network across multiple international marketsExperienced promoters and management team driving business growth
Objects of the Issue
1
Funding capital expenditure by the Company towards procurement of; (i) machinery and equipment for enhancement of operations at Dewas Facility; and (ii) transportation vehicle for local transportation of goods between the Manufacturing Facilities
2
Investment in the Subsidiary, Adroit Driveshafts Private Limited, in the form of debt or equity or a combination thereof, for funding capital expenditure towards procurement of; (i) machinery and equipment for enhancement of operations at Pithampur Facility; and (ii) transportation vehicle for local transportation of goods between the Manufacturing Facilities
3
Investment in the Subsidiary, Adroit Driveshafts Private Limited, in the form of debt or equity or a combination thereof, for re-payment or pre-payment, in full or in part, of certain borrowings availed by the Subsidiary
4
General Corporate Purposes
Adroit Industries (India) Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹125.1
31 Mar 2024
₹136.6
31 Mar 2025
₹71.5
30 Sep 2025
Profit After Tax (PAT)
₹14.5
31 Mar 2024
₹18.1
31 Mar 2025
₹10.6
30 Sep 2025
Particulars30 Sep 202531 Mar 202531 Mar 2024
Revenue from Operations 71.45 136.61 125.10
EBITDA 15.24 31.02 29.69
Profit After Tax (PAT) 10.64 18.14 14.53
Net Worth 114.96 103.53 87.82
Total Assets 205.69 187.01 199.39
Reserves & Surplus 97.50 86.07 70.37
Borrowings 5.11 8.32 16.29
EBITDA Margin (%) 23.17 — —
PAT Margin (%) 13.55 — —
P/BV Ratio
4.52
RoE
18.97
RoCE
17.06
RoNW
18.94
PAT Margin
13.55
EBITDA Margin
23.17
Debt/Equity
0.63
Issue Structure & Shareholding
Total Shares Offered1,12,47,000
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding3,49,11,340 shares
Post-Issue Promoter Holding4,48,08,340 shares
P/BV Ratio4.52
RoE18.97
RoCE17.06
Debt / Equity0.63
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Choice Capital Advisors Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Adroit Industries (India) Ltd IPO subscribed? ▲

Adroit Industries (India) Ltd IPO is subscribed 1.00 times by Sep 25, 2026. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Adroit Industries (India) Ltd IPO retail subscription status? ▼

The Adroit Industries (India) Ltd IPO retail category is subscribed 1.00 times as of 25 Sep 2026. The retail portion is oversubscribed.

How to subscribe Adroit Industries (India) Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 23 Sep 2026 and closes 25 Sep 2026. Min investment: ₹14,874 (1 lot = 111 shares). UPI mandate: 5:00 PM on 25 Sep 2026.

How many times Adroit Industries (India) Ltd IPO subscribed? ▼

The Adroit Industries (India) Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Adroit Industries (India) Ltd IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 28 Sep 2026. Refunds: on 29 Sep 2026.

When Adroit Industries (India) Ltd IPO will be listed? ▼

The Adroit Industries (India) Ltd IPO listing date is 30 Sep 2026, Wednesday. Listed on: NSE & BSE. Issue price: ₹134. Estimated listing: ₹169. GMP: +₹35.

When Adroit Industries (India) Ltd IPO close? ▼

The Adroit Industries (India) Ltd IPO closes on 25 Sep 2026, Friday. UPI mandate: 5:00 PM on 25 Sep 2026. Allotment: 28 Sep 2026. Listing: 30 Sep 2026.