MyIPOStatus
Adroit Industries India IPO: GMP, subscription and allotment status
—No subscription figures
- Listed at
- ₹250
- +86.6% on issue price
- Est. listing
- —
- No estimate
- Price band
- ₹126–134
- Lot
- 111 shares
- Min. ₹14,874
Allotment
Allotment is published. Check every saved PAN in one go.
Dates
23 → 25 Sept · allot 28 · list 30Refunds and shares in your demat account on 29 Sept.
Subscription by category
Subscription figures here come from NSE's bid data, and this issue bids on BSE SME, so there are none on this page.
See this IPO on IPOWatchGMP day by day
The last GMP before listing was ₹58 on 29 Sept, pointing to a listing around ₹192. It listed at ₹250, ₹58 above that estimate.
- 30 Sept 2026
- GMP ₹58
- Est. listing ₹192 +43.3%
- 29 Sept 2026
- GMP ₹58
- Est. listing ₹192 +43.3%
- 28 Sept 2026
- GMP ₹58
- Est. listing ₹192 +43.3%
- 27 Sept 2026
- GMP ₹47
- Est. listing ₹181 +35.1%
- 26 Sept 2026
- GMP ₹47
- Est. listing ₹181 +35.1%
- 25 Sept 2026
- GMP ₹34
- Est. listing ₹168 +25.4%
- 24 Sept 2026
- GMP ₹34
- Est. listing ₹168 +25.4%
Recorded once a day from IPOWatch's GMP table. GMP is unofficial and doesn't guarantee a listing price.
Issue details
- Segment
- Mainboard
- Face value
- ₹10
- Issue type
- Book building Issue
- Fresh issue
- ₹132.62 Crores
- Offer for sale
- 13,50,000 Equity Shares
- Listing at
- BSE, NSE
- Registrar
- Bigshare Services
- NSE symbol
- —
GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from
What you can apply for
- Retail Minimum
- 1 lot, 111 shares
- 111
- ₹14,874
- Retail Maximum
- 13 lots, 1,443 shares
- 1,443
- ₹1,93,362
- S-HNI Minimum
- 14 lots, 1,554 shares
- 1,554
- ₹2,08,236
- S-HNI Maximum
- 67 lots, 7,437 shares
- 7,437
- ₹9,96,558
- B-HNI Minimum
- 68 lots, 7,548 shares
- 7,548
- ₹10,11,432
A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.
Where the money goes
- 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
- ₹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 Pithampur Facility; and (ii) transportation vehicle for local transportation of goods between the Manufacturing Facilities
- ₹43.96 Cr
- 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 availed by the Subsidiary
- ₹24.12 Cr
- General Corporate Purposes
- —
What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.
Company numbers
₹143.04 Cr+4.7% on 2025
₹26.16 Cr+44.2% on 2025
₹212.74 Cr+13.8% on 2025
- 2026
- Revenue ₹143.04
- Profit ₹26.16
- Assets ₹212.74
- 2025
- Revenue ₹136.61
- Profit ₹18.14
- Assets ₹187.01
- 2024
- Revenue ₹125.10
- Profit ₹14.53
- Assets ₹199.39
In ₹ crore, for the years the offer document reports.
- ROE
- 22.51%
- ROCE
- 19.01%
- EBITDA Margin
- 27.66%
- PAT Margin
- 18.69%
- Debt to equity ratio
- 0.41
- Earning Per Share (EPS)
- ₹7.48 (Basic)
- Return on Net Worth (RoNW)
- 22.51%
- Net Asset Value (NAV)
- ₹36.84
Listed peers
- Hindustan Hardy Ltd
- P/E 12.98
- EPS 55.92
- Return on net worth 25.00%
- Talbros Engineering Ltd
- P/E 10.70
- EPS 57.34
- Return on net worth 17.32%
- GNA Axles Ltd
- P/E 20.85
- EPS 27.24
- Return on net worth 12.28%
Price to earnings, earnings per share and return on net worth, as the offer document reports them.
Who the issue is reserved for
- QIB
- 50%
- NII
- 15%
- Retail
- 35%
Share of the issue set aside for each kind of investor.
Promoters and bankers
- Promoters
- Saurabh Sangla, Mukesh Sangla, Monika Sangla, Shubhangi Trust, Shreya Trust and Swan Irrigation
- Promoter holding
- 96.10% before the IPO, 71.86% after
- Lead managers
- Choice Capital Advisors Pvt.Ltd.
Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.
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Frequently asked questions
- When does Adroit Industries India IPO open and close?
- Bidding ran from 23 September 2026 to 25 September 2026.
- What is the Adroit Industries India IPO allotment date?
- Allotment is out. You can check it by PAN now.
- When will Adroit Industries India IPO list?
- It listed on 30 September 2026.
- How did Adroit Industries India IPO list against its GMP?
- The last grey-market premium before listing was ₹58 on 29 September 2026, pointing to a listing around ₹192. It listed at ₹250, ₹58 above that estimate.
- What is the lot size and minimum investment for Adroit Industries India IPO?
- One lot is 111 shares, so the minimum investment at the upper price of ₹134 is ₹14,874.
- How do I check Adroit Industries India IPO allotment status?
- Bigshare Services has published the allotment. Use Check allotment on this page to check every PAN in your family in one go.