Adroit Industries (India) Ltd IPO was priced at ₹126–₹134 per share with an issue size of ₹151 crore. The IPO opened on Sep 23, 2026 and closed on Sep 25, 2026, with a lot size of 111 shares and a minimum investment of ₹14,874.
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| Price Band | ₹126.00 - ₹134.00 per share |
| Lot Size | 111 shares |
| Min Investment | ₹14,874 |
| Total Issue Size | ₹151.00 crore |
| Shares Offered | 1,12,47,000 |
| Issue Structure | Fresh Issue + Offer for Sale |
| Issue Type | Bookbuilding IPO |
| Lead Manager(s) | Choice Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. |
| Listing At | BSE, NSE |
Issue price ₹134 · lot size 111 shares · estimated listing price ₹181 (GMP +₹47)
| Category | Lots | Shares | Investment | Value at listing | Profit |
|---|---|---|---|---|---|
| Retail (Min) | 1 | 111 | ₹14,874 | ₹20,091 | +₹5,217 |
| Retail (Max) | 13 | 1,443 | ₹1,93,362 | ₹2,61,183 | +₹67,821 |
| S-HNI (Min) | 14 | 1,554 | ₹2,08,236 | ₹2,81,274 | +₹73,038 |
| S-HNI (UPI limit) | 33 | 3,663 | ₹4,90,842 | ₹6,63,003 | +₹1,72,161 |
| S-HNI (Max) | 67 | 7,437 | ₹9,96,558 | ₹13,46,097 | +₹3,49,539 |
| B-HNI (Min) | 68 | 7,548 | ₹10,11,432 | ₹13,66,188 | +₹3,54,756 |
| Metric | Latest Reported |
|---|---|
| Total Income | ₹143.04 Cr |
| Profit After Tax | ₹26.16 Cr |
| Net Worth | ₹128.63 Cr |
Promoters: Saurabh Sangla, Mukesh Sangla, Monika Sangla
| Promoter Holding (Pre-Issue) | 96.1% |
| Promoter Holding (Post-Issue) | 71.86% |
Adroit Industries (India) Limited is a vertically integrated manufacturer and supplier of propeller shafts and torque-transmission components used in driveline systems.
| Founded | 1995 |
| Headquarters | Bhiwandi, Maharashtra |
| Industry | Industrial Products |
| Website | https://www.adroitindustries.com/ |
| Registrar | Bigshare Services Pvt.Ltd. |
| Phone | 8657578989/8069219065/8069219060 |
| [email protected] |
11 answers about Adroit Industries (India) Ltd IPO — dates, pricing, allotment and listing.
Adroit Industries (India) Ltd IPO is a bookbuilding ipo of ₹151 crore. The issue was priced at ₹126–₹134 per share, with a lot size of 111 shares. Bidding ran from Wed, 23 Sep 2026 to Fri, 25 Sep 2026, with shares listed on BSE and NSE.
The price band was ₹126–₹134 per share.
One lot was 111 shares. Bids had to be placed in multiples of 111.
A retail investor needed at least ₹14,874 – one lot of 111 shares at ₹134, the upper end of the price band.
Adroit Industries (India) Ltd IPO opened on Wed, 23 Sep 2026 and closed on Fri, 25 Sep 2026.
Allotment was finalised on Mon, 28 Sep 2026.
Adroit Industries (India) Ltd shares were listed on Wed, 30 Sep 2026 on BSE and NSE.
The company intended to use the net proceeds towards 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 and general corporate purposes.
Choice Capital Advisors Pvt.Ltd. is the book running lead manager. Bigshare Services Pvt.Ltd is the registrar to the issue.
Category-wise demand from retail, NII and QIB bidders is on the Adroit Industries (India) Ltd IPO subscription page, and on the BSE and NSE websites.
From Mon, 28 Sep 2026, check the Adroit Industries (India) Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.