Minimum Investment
₹14,874
Price Range
₹126 to ₹134
Lot Size
111 shares
Issue Size
₹151 Cr
About the Company
Adroit Industries (India) Ltd., incorporated in 1966, is a manufacturer of propeller shafts and torque-transmission components used in vehicles and industrial machinery.
Bookbuilding IPO
IPO Objectives
- 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 Investme
- 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
- General Corporate Purposes
Important Dates
| Bid/Offer Opens On | 23-09-2026 |
| Bid/Offer Closes On | 25-09-2026 |
| Finalisation of Basis of Allotment | 28-09-2026 |
| Initiation of Refunds | 29-09-2026 |
| Credit of Shares to Demat | 29-09-2026 |
| IPO Listing Date | 30-09-2026 |
IPO Subscription Status
| Category | Offered Shares | Applied Shares | Times |
|---|---|---|---|
| QIB | 2,249,400 | 438,719,397 | 195.04x |
| NII | 1,687,050 | 560,683,422 | 332.35x |
| NII ( >10 lakh) | 1,124,700 | 389,115,939 | 345.97x |
| NII ( <10 lakh) | 562,350 | 171,567,483 | 305.09x |
| Retail | 3,936,450 | 392,892,381 | 99.81x |
| Total | 7,872,900 | 1,392,295,200 | 176.85x |
Frequently asked questions
What is the Adroit Industries (India) IPO lot size?
The lot size is 111 shares with a minimum investment of ₹14,874.
When does the Adroit Industries (India) IPO open and close?
Bidding is scheduled from 23-09-2026 to 25-09-2026 (subject to exchange updates).
How can I apply for the Adroit Industries (India) IPO?
You can apply via the IPO Focuss - Ambica Finstock LLP mobile app during the bidding window using UPI or ASBA as available for this issue.
What is the Adroit Industries (India) IPO listing date?
Shares are expected to list on 30-09-2026 (tentative; confirm from RHP / exchange notices).
Grey Market Premium (GMP)
₹55.00
per share
Registrar
Bigshare Services Pvt.Ltd.
Lead Managers
- Choice Capital Advisors Pvt.Ltd.
Company Promoters
- Saurabh Sangla
- Mukesh Sangla
- Monika Sangla
- Shubhangi Trust
- Shreya Trust and Swan Irrigation.
