Status
Listed
Price band
₹126–₹134
Shares in one lotA lot is the smallest bundle of shares you can apply for. Lot size, in the glossary
111 shares
Minimum money
₹14,874 for 1 lot
Issue size
₹150.71 crore
Dates
23 Sept 2026 – 25 Sept 2026
Official links
- Prospectus
- Allotment statusAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
How to apply
Use UPI and ASBA. The guide covers the close, allotment, and the T+3 listing.
Open the guideRelated guides
Adroit Industries (India) Ltd. IPO is listed. It opens on 23 Sept 2026 and closes on 25 Sept 2026. The price band is ₹126 to ₹134. One lot is 111 shares, and the minimum amount is ₹14,874. The issue size is ₹150.71 crore, with a fresh issue of ₹132.62 crore and an offer for sale of ₹18.09 crore. In FY26, total income was ₹143.04 crore and profit after tax was ₹26.16 crore. Total income was up 4.7% from ₹136.61 crore in FY25. Profit after tax was up 44.2% from ₹18.14 crore in FY25.
The total subscription for Adroit Industries (India) Ltd. is 175.63 times.
Adroit Industries (India) Ltd. listed at ₹235.
Adroit Industries makes propeller shafts and other torque-transmission parts for vehicles. Its customers are automotive and equipment makers.
Dates
Opens
23 Sept 2026
Closes
25 Sept 2026
AllotmentAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
28 Sept 2026
Refunds
29 Sept 2026
Demat credit
29 Sept 2026
Listing
30 Sept 2026
Objects of the issue
- 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
- 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
- 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…
- General Corporate Purposes
- Issue Expenses
Promoters
Saurabh Sangla, Mukesh Sangla, Monika Sangla, Shubhangi Trust, Shreya Trust and Swan Irrigation LLP
Subscription
Subscribed 175.63x overall. Final, as of 25 Sept 5 pm IST.
Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
195.04x
Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
331.87x
Retail
97.58x
Total
175.63x
Issue structure
Fresh issue and offer for sale
How the issue is split. Amounts are in ₹ crore.
| Part | Amount |
|---|---|
| Fresh issue | ₹132.62 crore |
| Offer for sale | ₹18.09 crore |
Reservation
Share kept for each group. The percents are the published figures.
| Part | Amount |
|---|---|
| Retail | 35% |
| Large bids | 15% |
| Big funds | 50% |
Issue
- Face value
- ₹10
- Fresh issue
- ₹132.62 crore
- Offer for saleOFS means offer for sale. Existing owners are selling shares. The company does not get that money.
- ₹18.09 crore
- Exchanges
- BSE, NSE
- Registrar
- Bigshare Services Pvt. Ltd.
Reservation
- Retail
- 35%
- Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
- 15%
- Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
- 50%
Financials
₹ crore, for the last three reported years.
Total income and profit
Each chart has its own scale. Amounts are in ₹ crore.
| Year | Total income | Profit |
|---|---|---|
| FY24 | ₹125.1 crore | ₹14.53 crore |
| FY25 | ₹136.61 crore | ₹18.14 crore |
| FY26 | ₹143.04 crore | ₹26.16 crore |
Net worth
₹ crore, for each year that reports net worth.
| Year | Net worth |
|---|---|
| FY24 | ₹87.82 crore |
| FY25 | ₹103.53 crore |
| FY26 | ₹128.63 crore |
| Year | Total income | PAT | Net worth | Assets | Borrowings |
|---|---|---|---|---|---|
| FY24 | 125.1 | 14.53 | 87.82 | — | — |
| FY25 | 136.61 | 18.14 | 103.53 | — | — |
| FY26 | 143.04 | 26.16 | 128.63 | — | — |
Listing
- Listing price
- ₹235
- Close on listing day
- ₹248.39
- Listing gainListing gain is how far the first traded price sits above or below the issue price. Capital gains, in the glossary
- 75.37% versus ₹134
Frequently asked questions
When does this issue open?
It opens on 23 Sept 2026 and closes on 25 Sept 2026.
What is the lot size and the minimum amount?
One lot is 111 shares. The minimum amount is ₹14,874 for 1 lot.
When are allotment and listing?
Allotment is on 28 Sept 2026. Listing is on 30 Sept 2026.
What is the price band?
The price band is ₹126 to ₹134.
What is the issue size?
The issue size is ₹150.71 crore.
How many times was it subscribed?
The total subscription is 175.63 times, checked 25 Sept 2026, 5:00 pm IST.
What was the listing gain?
The listing gain against the top of the price band is 75.37%.
This page is a calendar of dates and prices. It is not a recommendation to apply.