₹ 14874
₹126- ₹134
111
₹235
75.37
25 Sep 2026
Download29 Sep 2026
30 Sep 2026
Application Details
Adroit Industries IPO is a book build issue of ₹150.71 crores. The issue is a combination of fresh issue of 98.97 lakh shares aggregating to ₹132.62 crores and offer for sale of 13.50 lakh shares aggregating to ₹18.09 crores.
Adroit Industries IPO opens for subscription on Sep 23, 2026 and closes on Sep 25, 2026. The allotment for the Adroit Industries IPO is expected to be finalized on Sep 28, 2026. Adroit Industries IPO will list on NSE and BSE with a tentative listing date fixed as Sep 30, 2026.
Adroit Industries IPO is set issue price band at ₹126 to ₹134 per share. The lot size for an application is 111 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,874 (111 shares) (based on upper price).
Choice Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
About Adroit Industries (India) Limited
Incorporated in January 1995, Adroit Industries (India) Limited is a vertically integrated manufacturer and supplier of propeller shafts and torque-transmission components used in driveline systems. The Company offers a portfolio of over 5,000 SKUs comprising precision-machined torque-transmission components, complete propeller shaft assemblies and forged components. Its vertically integrated manufacturing capabilities cover forging, precision machining, heat treatment, assembly, balancing and testing, enabling end-to-end control over the production process.
The Company supplies its products through distributors, Tier-1 driveline component suppliers and directly to OEMs, based on customer-specific technical requirements. Its products cater primarily to commercial vehicles, as well as SUVs, defence and emergency services, heavy equipment, off-highway machinery and industrial applications.
The Company has a strong export presence, supplying products to customers across North America, Europe, Latin America, the Middle East, Africa and Asia-Pacific. During Fiscal 2026, it supplied products to customers across more than 32 countries.
The Company is supported by its subsidiary, Adroit Driveshafts Private Limited, and together they had 367 permanent employees as of July 31, 2026.
Competitive 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.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.