The Adroit Industries (India) IPO was scheduled to open on 23 September 2026 and close on 25 September 2026. According to the supplied information, the issue comprised a fresh issue of ₹133 crore and an offer for sale (OFS) of ₹18 crore, giving a calculated total issue size of ₹151 crore. The price band was ₹126–₹134 per share.
This page covers the Adroit Industries India IPO price band, issue details, market lot, financial performance, business operations, allotment schedule, prospectus, registrar and lead manager. It also explains important factors investors should review when evaluating the company.
About Adroit Industries (India) Limited
Adroit Industries (India) Limited manufactures and supplies propeller shafts, also known as drive shafts or cardan shafts, and related torque-transmission components. These products form part of driveline systems used in automotive and non-automotive applications.
According to the supplied company description, Adroit follows a vertically integrated manufacturing model. Its in-house capabilities include forging, precision machining, heat treatment, assembly, balancing and testing.
The company offers more than 5,000 stock-keeping units (SKUs) of torque-transmission components and assemblies. Its product portfolio supports customers across several end-use industries.
Adroit also serves international markets across North America, Europe, Latin America, the Middle East, Africa and Asia-Pacific. This geographic reach exposes the company to demand from multiple markets, although export performance can depend on customer demand, currency movements and global economic conditions.
Adroit Industries India IPO Promoters
According to the supplied information, the promoters of Adroit Industries (India) Limited are:
- Saurabh Sangla
- Mukesh Sangla
- Monika Sangla
- Shubhangi Trust
- Shreya Trust
- Swan Irrigation LLP
Adroit Industries India IPO Dates, Price Band and Details
The following table summarizes the IPO information supplied for Adroit Industries (India) Limited.
| IPO Detail | Information |
|---|---|
| IPO Opening Date | 23 September 2026 |
| IPO Closing Date | 25 September 2026 |
| Price Band | ₹126–₹134 per share |
| Upper Price Band | ₹134 per share |
| Fresh Issue | ₹133 crore |
| Offer for Sale (OFS) | ₹18 crore |
| Calculated Total Issue Size | ₹151 crore |
| Face Value | ₹10 per share |
| Issue Type | Book-built issue |
| Proposed Listing | NSE and BSE |
| Pre-IPO Market Capitalization | Approximately ₹600.43 crore at the upper price band, as supplied |
Important: The supplied fresh issue and OFS figures total ₹151 crore, while the original table lists ₹500 crore. This page uses the calculated amount and flags the discrepancy for verification against the final Red Herring Prospectus (RHP).
A fresh issue raises funds for the company, whereas an OFS allows existing shareholders to sell shares. Refer to the offer document for the exact issue structure and proposed use of proceeds.
Adroit Industries India IPO Market Lot and Investment Amount
The supplied minimum market lot is 111 shares. At the upper price band of ₹134 per share, an application for one lot amounts to ₹14,874, excluding applicable charges.
| Investor Category | Lots | Shares | Amount at ₹134 |
|---|---|---|---|
| Retail Minimum | 1 | 111 | ₹14,874 |
| Retail Maximum | 13 | 1,443 | ₹1,93,362 |
| S-HNI Minimum | 14 | 1,554 | ₹2,08,236 |
| S-HNI Maximum | 67 | 7,437 | ₹9,96,558 |
| B-HNI Minimum | 68 | 7,548 | ₹10,11,432 |
The amounts above use the supplied lot size and upper price band. Investors should confirm the applicable investor-category thresholds and application rules in the official offer document.
Adroit Industries India Financial Performance
The table below presents the restated consolidated financial figures supplied for the company. All amounts are in ₹ crore.
| Financial Year Ended | Total Assets | Total Revenue | Profit After Tax (PAT) |
|---|---|---|---|
| 31 March 2026 | 212.74 | 143.04 | 26.16 |
| 31 March 2025 | 187.01 | 136.61 | 18.14 |
| 31 March 2024 | 199.39 | 125.10 | 14.53 |
The supplied figures show revenue increasing from ₹125.10 crore in FY2024 to ₹143.04 crore in FY2026. Profit after tax also increased from ₹14.53 crore to ₹26.16 crore over the same period.
However, investors should look beyond revenue and profit growth. Review the company’s margins, debt, working capital requirements, cash flows, customer concentration and export exposure before assessing its financial position.
Financial verification: These figures are reproduced from the supplied content. Confirm them against the audited financial statements in the official RHP before publication.
Adroit Industries India IPO GMP and Grey Market Premium
The Adroit Industries India IPO GMP refers to the grey market premium, an unofficial indication of the premium at which IPO shares or applications may trade outside the formal stock exchange process before listing.
No verified GMP figure was included in the supplied information. Since the scheduled IPO dates have passed, any GMP figures should be presented as historical information with their relevant dates.
Grey market premiums are unofficial, may change quickly and do not guarantee the listing price or investment returns. Investors should not rely on GMP alone when evaluating an IPO.
Adroit Industries India IPO Prospectus: DRHP and RHP
The Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP) contain important information about the company’s business, financial statements, risk factors, promoters, issue structure and proposed use of proceeds.
Review the official offer documents before drawing conclusions about the company’s valuation or the IPO. You can also visit the IPOWala IPO prospectus section for related document information.
| Document | Link |
|---|---|
| DRHP | Download DRHP |
| RHP | Download RHP |
| Anchor Investors List | Check the official exchange or company disclosures for the published list. |
Adroit Industries India IPO Allotment Date and Listing Schedule
The following dates were supplied for the issue. Since these dates have passed, verify the actual allotment and listing outcome using official registrar and stock exchange announcements.
| IPO Event | Supplied Date |
|---|---|
| Allotment Date | 28 September 2026 |
| Initiation of Refunds | 29 September 2026 |
| Shares Credited to Demat Accounts | 29 September 2026 |
| Listing Date | 30 September 2026 |
Allotment status: The supplied information identifies Bigshare Services Private Limited as the registrar. However, the original allotment link points to KFintech. Confirm the appointed registrar in the final RHP before directing readers to an allotment-status page.
How to Check Adroit Industries India IPO Allotment Status
- Confirm the appointed registrar from the final RHP or official exchange announcement.
- Visit the registrar’s official website and open its IPO allotment-status section.
- Select Adroit Industries (India) IPO, if available.
- Choose an available search method, such as PAN or application number.
- Enter the requested details and submit the form.
- Review the allotment result displayed on the official website.
If the issue does not appear on the registrar’s website, check official exchange announcements or contact the registrar using its published contact details.
Adroit Industries India IPO Registrar Details
Bigshare Services Private Limited
Office No. S6-2, 6th Floor, Pinnacle Business Park
Next to Ahura Centre, Mahakali Caves Road
Andheri East, Mumbai – 400093, Maharashtra, India
Telephone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Website: Bigshare Online
Contact Person: Babu Rapheal C
SEBI Registration Number: INR000001385
Adroit Industries India Limited Contact Details
Adroit Industries (India) Limited
Gala No. 02, Building No. A-2, Ground Floor
Print World Industrial Complex
Survey No. 15/1, Mankoli Road
Vehele, Shastrinagar, Bhiwandi
Thane – 421302, Maharashtra, India
Contact Person: Garima Shukla, Company Secretary and Compliance Officer
Telephone: +91 91711 14099
Email: cs@adroitindustries.com
Website: Adroit Industries
Adroit Industries India IPO Lead Manager
Choice Capital Advisors Private Limited
Sunil Patodia Tower, Plot No. 156–158
J.B. Nagar, Andheri East
Mumbai – 400099, Maharashtra, India
Telephone: +91 22 6707 9999 / 7919
Email: aiil.ipo@choiceindia.com
Investor Grievance Email: investorgrievances_advisors@choiceindia.com
Website: Choice Capital Advisors
Contact Persons: Nimisha Joshi / Aditya Chanani
SEBI Registration Number: INM000011872
Adroit Industries India IPO: Key Points for Investors
- Business: Manufacturing of propeller shafts and related torque-transmission components.
- Product range: More than 5,000 SKUs, according to the supplied company description.
- Market reach: Customers across several international regions.
- Issue size: The supplied fresh issue and OFS figures add up to ₹151 crore, not ₹500 crore.
- Financial performance: The supplied figures show increases in revenue and profit after tax across FY2024–FY2026.
- Verification: Confirm the issue size, financial statements, registrar and final allotment details using official disclosures.
Frequently Asked Questions (FAQs)
What was the Adroit Industries India IPO price band?
The supplied price band was ₹126–₹134 per share.
What was the Adroit Industries India IPO issue size?
The supplied fresh issue was ₹133 crore and the offer for sale was ₹18 crore. These figures total ₹151 crore, although the original content lists ₹500 crore. Verify the correct issue size against the final RHP.
What was the minimum investment for the Adroit Industries India IPO?
Based on the supplied lot size of 111 shares, one lot at ₹134 per share amounted to ₹14,874, excluding applicable charges.
When did the Adroit Industries India IPO open and close?
The supplied opening date was 23 September 2026, and the closing date was 25 September 2026.
What was the Adroit Industries India IPO allotment date?
The supplied allotment date was 28 September 2026. Verify the final allotment result with the official registrar.
When was the Adroit Industries India IPO listing date?
The supplied listing date was 30 September 2026. Check the relevant stock exchange announcements to confirm the actual listing details.
Where can investors check the allotment status?
The supplied content names Bigshare Services Private Limited as the registrar but also includes a KFintech link. Confirm the correct registrar in the final RHP before checking allotment status.
Is the Adroit Industries India IPO GMP a guaranteed indicator of listing gains?
No. GMP is unofficial and cannot guarantee listing gains or the final market price. Investors should review the offer document, company financials, valuation and risk factors.
Disclaimer
This page provides information for educational purposes only and does not constitute investment advice or a recommendation to buy or sell securities. Verify IPO dates, issue size, financial figures, allotment details and registrar information using official exchange disclosures and the final offer document. Grey market premiums are unofficial and do not guarantee investment returns.