Adroit Industries (India) Limited
ListedIndustrial Products · Mainboard IPO · INE505M01015
Price band
₹126 – ₹134
Lot size
111 shares
Min. investment
₹14,874
Issue size
₹151 Cr
Face value
₹10
Registrar
Bigshare Services Pvt.Ltd.
Issue timeline
Bidding opens
23 Sept 2026
Bidding closes
25 Sept 2026
Allotment
28 Sept 2026
Listing
30 Sept 2026
Final subscription
176.85x
overall
31,47,237
applications
₹18,657 Cr
bid value
| Category | Sub. (x) | Offered | Bid for | ₹ Cr* |
|---|---|---|---|---|
| Qualified Institutional (QIB) | 195.04x | 22,49,400 | 43,87,19,397 | 5,879 |
| Non-Institutional >₹10L (bNII) | 345.97x | 11,24,700 | 38,91,15,939 | 5,214 |
| Non-Institutional ₹2–10L (sNII) | 305.09x | 5,62,350 | 17,15,67,483 | 2,299 |
| Retail (RII) | 99.81x | 39,36,450 | 39,28,91,604 | 5,265 |
| Total | 176.85x | 78,72,900 | 1,39,22,94,423 | 18,657 |
Combined NSE + BSE subscription, sourced from the exchanges and updated periodically. * bid value approx (shares bid × cut-off price). Final subscription confirmed after the issue closes.
About the company
Adroit Industries (India) Limited is a vertically integrated manufacturer and supplier of propeller shafts and torque-transmission components used in driveline systems.
Issue details
Issue size
₹151 Cr
Fresh issue
₹133 Cr
Offer for sale
₹18 Cr
Industry
Industrial Products
Promoter holding (pre)
96.1%
Promoter holding (post)
71.86%
Financials (₹ Cr)
| Metric | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total income | 125.10 | 136.61 | 143.04 |
| EBITDA | 29.69 | 31.02 | 38.71 |
| Profit after tax | 14.53 | 18.14 | 26.16 |
| Net worth | 87.82 | 103.53 | 128.63 |
| Total assets | 199.39 | 187.01 | 212.74 |
| Total borrowing | 16.29 | 8.32 | 52.40 |
Objects of the issue
- Funding capital expenditure by the Company towards procurement of machinery and equipment for enhancement of operations at Dewas Facility.
- Investment in the Subsidiary, Adroit Driveshafts Private Limited, for funding capital expenditure towards procurement of machinery and equipment at Pithampur Facility.
- Investment in the Subsidiary, Adroit Driveshafts Private Limited, for re-payment or pre-payment of certain borrowings availed by the Subsidiary.
- General Corporate Purposes
Strengths
- Portfolio of over 5,000 SKUs.
- Healthy financial performance.
- Diversified international customer base.
- Strong engineering and validation capabilities.
- Vertically integrated manufacturing operations.
- Experienced promoters and management team.
- Established customer relationships and repeat business.
Risks
- Dependence on a limited number of customers.
- Fluctuations in raw material prices.
- Competition from other manufacturers.
- Economic downturns affecting customer demand.
Documents
Calculate your bid
At cut-off price ₹134
Lots
1
- Shares
- 111
- Amount
- ₹14,874
UPI mandate — funds are blocked, not debited.
- SEBI-registered broker — NSE member 90113
- Funds stay blocked in your own bank — debited only on allotment
- Apply for your whole family from one login