Adroit Industries (India) Ltd
NSE & BSE₹126–134
₹ 105 Cr
111 Shares
₹ 13,986
₹10
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 1,399.43 | 1,338.94 | |
| 30.96 | 27.16 | |
| 1,430.39 | 1,366.1 | |
| 1,012.33 | 1,028.75 | |
| 329.03 | 228.24 | |
| 261.58 | 181.44 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
23 Sept 2026
IPO Offer Ends
25 Sept 2026
30 Sept 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding capital expenditure by our Company towards procurement of; (i) | 199.07 |
| 2 | Investment in our Subsidiary, Adroit Driveshafts Private Limited, in the form of | 439.56 |
| 3 | Investment in our Subsidiary, Adroit Driveshafts Private Limited, in the form of | 241.19 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
100.00%
Promoter stake
Post-IPO
71.86%
Promoter stake
Offered to Public
1,12,47,000
shares
Post Share Capital
3,21,99,334
shares
IPO Registrar
Bigshare Services Pvt Ltd
About the Company
With over four decades of operational experience, we are a vertically integrated manufacturer and supplier of propeller shafts (also known as a drive shaft or cardan shaft) and related torque-transmission components, with in-house capabilities across forging, precision machining, heat treatment, assembly, balancing and testing. As on February 28, 2026, we offer over 5,000 SKUs of torque-transmission components and assemblies forming part of driveline systems. Our product portfolio primarily comprises precision-machined torque-transmission components and complete propeller shaft assemblies. As part of our integrated manufacturing operations, we also manufacture forged components which are primarily used as intermediate inputs for further machining and assembly within our manufacturing operations. These forgings form part of our vertically integrated production process and support the manufacture of precision-machined torque-transmission components and finished propeller shaft assemblies.
Use of Proceeds
1.Funding capital expenditure by our 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 (“Proposed Capital Expenditure in the Company”); 2.Investment in our 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 (“Investment in Subsidiary for capital expenditure”); 3.Investment in our 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 our Subsidiary (“Investment in Subsidiary for loan repayment”). 4.General Corporate Purposes.
Adroit Industries (India) Ltd Latest News
News
Adroit Industries (India) makes stellar IPO debut with 87% premium on the BSE
The scrip is currently trading at Rs. 248.35, up by 114.35 points or 85.34% from its issue price
Adroit Industries (India) coming with IPO to raise up to Rs 151 crore
The issue will open for subscription on September 23, 2026 and will close on September 25, 2026
IPO FAQs
The Adroit Industries (India) Ltd IPO has a total of ₹105 crore, calculated at the upper end of the .
The Adroit Industries (India) Ltd IPO is priced at ₹126–134 per share. bids must fall within this , against a of ₹10 per share.
The for the Adroit Industries (India) Ltd IPO is 111 shares, which is also the minimum order quantity — you have to apply for at least 111 shares, and in multiples of 111 beyond that.
The minimum investment in the Adroit Industries (India) Ltd IPO is about ₹13,986 — one lot of 111 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Adroit Industries (India) Ltd opens on 23 Sept 2026 and closes on 25 Sept 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Adroit Industries (India) Ltd shares were listed on 30 Sept 2026 on BSE and NSE.
Bigshare Services Pvt Ltd is the for the Adroit Industries (India) Ltd IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.
Adroit Industries (India) Ltd IPO shares are listed on BSE and NSE.
Each Adroit Industries (India) Ltd share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 100.00% of Adroit Industries (India) Ltd before the IPO, which falls to 71.86% after the issue.
1,12,47,000 shares of Adroit Industries (India) Ltd are being offered to the public in this issue.
The Adroit Industries (India) Ltd IPO has been subscribed 176.85x overall — 195.04x, 332.35x and 99.81x.
figures update through the issue period until it closes.
- 1.Funding capital expenditure by our 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 (“Proposed Capital Expenditure in the Company”)
- 2.Investment in our 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 (“Investment in Subsidiary for capital expenditure”)
- 3.Investment in our 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 our Subsidiary (“Investment in Subsidiary for loan repayment”)
- 4.General Corporate Purposes
Choice Capital Advisors Pvt Ltd is the book running lead manager for the Adroit Industries (India) Ltd IPO.
Pre-apply means placing your Adroit Industries (India) Ltd application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Adroit Industries (India) Ltd IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Adroit Industries (India) Ltd bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.