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Adroit Industries India IPO Listing Price, Gain & Allotment
Listed
Mainboard IPO
BSE, NSE
Listed 30 Sep 2026
· updated 1 month ago
Price band
₹126 – 134
GMP
+₹58
Est. listing price₹192
Est. listing gain43.28%
Issue size₹150.71 Cr
Adroit Industries India IPO Details
Open DateWed, 23 Sep 2026
Close DateFri, 25 Sep 2026
Listing DateWed, 30 Sep 2026
Listing AtBSE, NSE
Price Band₹126 – 134 per share
Lot SizeAwaited
Min. InvestmentAwaited
Issue Size₹150.71 Cr
Adroit Industries India IPO Dates & Timeline
Tentative dates follow SEBI's T+3 listing timelineIPO Opens
Wed, 23 Sep
IPO Closes
Fri, 25 Sep
Basis of Allotment
Mon, 28 Sep
Tentative
Refunds Initiated
Tue, 29 Sep
Tentative
Shares Credited to Demat
Tue, 29 Sep
Tentative
Listing Date
Wed, 30 Sep
Adroit Industries India IPO GMP Today
All IPO GMP
GMP today
+₹58
Est. listing price
₹192
Est. gain %
43.28%
Est. profit / lot
—
GMP is an unofficial grey-market indicator and can change quickly. It does not guarantee listing gains.
Try the GMP calculator · What is GMP? · GMP of all IPOs
Final visitor sentiment
Visitor opinion poll, not investment advice.
Adroit Industries India IPO GMP Trend
28 Sep – 30 Sep · ₹0| Date | GMP | Est. listing |
|---|---|---|
| Wed, 30 Sep | +₹58 | ₹192 |
| Tue, 29 Sep | +₹57 | ₹191 |
| Mon, 28 Sep | +₹58 | ₹192 |
Adroit Industries India IPO Subscription Status
As of 25 Sep, 7:00 PM
Retail (RII)
99.81x
NII / HNI
332.35x
bHNI (>₹10L)
345.97x
sHNI (₹2–10L)
305.09x
QIB
195.04x
Total
176.85x
Times subscribed per category, from NSE (bids on NSE and BSE combined). Final figures after bidding closed.
Adroit Industries India IPO Listing Price & Gain
Issue price₹134
Listing price (NSE)₹235
Listing gain+75.37%
Listing-day close₹248.39 (+85.4%)
The last GMP before listing (₹57) pointed to about ₹191; the shares opened 32.8 points above that estimate. How accurate is GMP?
Adroit Industries India IPO Allotment Status
The registrar for this IPO is KFin Technologies. You can also check on the exchange websites using your PAN or application number.
New to this? Read how to check IPO allotment status or see all IPOs awaiting allotment.
Adroit Industries India IPO analysis: what the numbers say
Adroit Industries India is a vertically integrated producer and supplier of torque-transmission parts and propeller shafts for driveline systems. The issue size is ₹150.71 Cr.
Revenue rose from ₹125.1 Cr in FY24 to ₹143.04 Cr in FY26, a compound annual growth of 6.9%. Profit after tax grew from ₹14.53 Cr to ₹26.16 Cr. That is a net profit margin of 18.3% in FY26. Borrowings were 0.41 times net worth at the end of FY26.
The issue closed subscribed 176.85x overall (QIB 195.04x, NII 332.35x and retail 99.81x). Adroit Industries India listed at ₹235 on 30 Sep 2026, +75.4% against the issue price of ₹134. The last GMP before listing had pointed to about ₹191, so it opened 32.8 points above the grey market estimate. It closed the first day at ₹248.39 (+85.4%).
Worked out by IPO Darbaar from the offer document, exchange data and the latest GMP. For information only, not a recommendation.
Objects of the Adroit Industries India IPO
- Funding capital expenditure by the Company towards procurement of (i) machinery and equipment for enhancement of operations at the Dewas Facility and (ii) vehicles for local transportation of goods between the Manufacturing Facilities. ~ Rs. 19.91 Cr.
- 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 the Pithampur Facility and (ii) a vehicle for local transportation of goods between the Manufacturing Facilities. ~ Rs. 43.96 Cr.
- Investment in the Subsidiary, Adroit Driveshafts Private Limited, in the form of debt or equity or a combination thereof, for repayment or pre-payment, in full or in part, of certain borrowings availed by the Subsidiary. ~ Rs. 24.12 Cr.
- General Corporate Purposes.
Adroit Industries India IPO Strengths & Risks
Strengths
- Portfolio of over 5,000 SKUs.
- Healthy financial performance.
- Diversified international customer base.
- Strong engineering and validation capabilities.
Risks
- Volatility in steel and aluminum prices makes it extremely difficult to manage profits in the industry.
- The industry is still in the early stages of development for designing and manufacturing electric vehicle drivetrains. This creates a need for further investment in the development of materials.
- The industry is reliant on raw material suppliers, which increases vulnerability to disruptions in the supply chain.
Adroit Industries India Financials
Restated, ₹ crore
FY24
FY25
FY26
Revenue Profit after tax
| Period ended | FY2431 Mar 2024 | FY2531 Mar 2025 | FY2631 Mar 2026 |
|---|---|---|---|
| Revenue | 125.1 | 136.61 | 143.04 |
| 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 borrowings | 16.29 | 8.32 | 52.4 |
| PAT margin | 11.61% | 13.28% | 18.29% |
Adroit Industries India Key Performance Indicators (KPIs)
ROE22.54%
ROCE19.01%
RoNW22.51%
Debt / Equity0.41
About Adroit Industries India IPO
Adroit Industries India is a mainboard IPO worth ₹150.71 crore with a price band of ₹126 – 134 per share. The issue opens on 23 September 2026 and closes on 25 September 2026. Shares are expected to list on 30 September 2026 on BSE, NSE.
Adroit Industries (India) IPO is a mainboard issue of Rs. 150.71 Cr (1.12 crore shares) by Adroit Industries (India) Limited, incorporated in 1995, which is a vertically integrated producer and supplier of torque-transmission parts and propeller shafts for driveline systems.
The company's offering of more than 5,000 SKUs includes forged parts, full propeller shaft assemblies, and precision-machined torque-transmission components. End-to-end control over the production process is made possible by its vertically integrated manufacturing capabilities, which include forging, precision machining, heat treatment, assembly, balancing, and testing.
Depending on the technical specifications of each customer, the company provides its products directly to OEMs, through distributors, and through Tier-1 driveline component suppliers. Commercial vehicles, SUVs, defense and emergency services, heavy machinery, off-highway machinery, and industrial applications are the main markets for its goods.
Adroit Industries India IPO: FAQs
What is the subscription status of Adroit Industries India IPO?
The issue closed subscribed 176.85x overall (QIB 195.04x, NII 332.35x and retail 99.81x). Figures are from NSE and cover bids on both exchanges.
What was the listing price of Adroit Industries India IPO?
Adroit Industries India listed at ₹235 on 30 Sep 2026, +75.4% against the issue price of ₹134. The last GMP before listing had pointed to about ₹191, so it opened 32.8 points above the grey market estimate. It closed the first day at ₹248.39 (+85.4%).
What is the price band of Adroit Industries India IPO?
The Adroit Industries India IPO price band is ₹126 – 134 per share and the issue size is ₹150.71 crore.
When does Adroit Industries India IPO open and close?
Adroit Industries India IPO opens for subscription on Wednesday, 23 September 2026 and closes on Friday, 25 September 2026. Bids are accepted until 5 PM on the closing day.
What is the Adroit Industries India IPO allotment date?
The basis of allotment for Adroit Industries India IPO is expected to have been finalised on Monday, 28 September 2026, one working day after the issue closes (SEBI T+3 timeline).
How to check Adroit Industries India IPO allotment status?
Visit the website of the registrar, KFin Technologies, select Adroit Industries India IPO and search by PAN or application number. You can also check on the IPO allotment status page or on the BSE and NSE websites.
When is Adroit Industries India IPO listing date?
Adroit Industries India shares listed on BSE, NSE on Wednesday, 30 September 2026 at ₹235 per share.
Is Adroit Industries India a mainboard or SME IPO?
Adroit Industries India is a mainboard IPO, listing on the main board of BSE, NSE.
Last updated 30 Sep 2026, 5:14 AM IST. GMP is unofficial and indicative; dates after the issue closes are tentative. Not investment advice.