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Adroit Industries IPO: GMP, subscription and allotment status
MainboardBigshare ServicesOpens23 Sept
₹37grey-market premium
- GMP
- ₹37
- +27.6%as of 19 Sept, 17:10 IST
- Est. listing
- ₹171
- +27.6% on issue price
- Price band
- ₹134
- Lot
- 111 shares
- Min. ₹14,874
Allotment
Expected 28 Sept.
Dates
23 → 25 Sept · allot 28 · list 30Refunds and shares in your demat account on 29 Sept.
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
- ₹16.77 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
- ₹36.96 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
- ₹20.27 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
₹71.45 Cr−47.7% on 2025
2023
2024
2025
Sep 2025
₹10.64 Cr−41.3% on 2025
2023
2024
2025
Sep 2025
₹205.69 Cr+10.0% on 2025
2023
2024
2025
Sep 2025
- Sep 2025
- Revenue ₹71.45
- Profit ₹10.64
- Assets ₹205.69
- 2025
- Revenue ₹136.61
- Profit ₹18.14
- Assets ₹187.01
- 2024
- Revenue ₹125.10
- Profit ₹14.53
- Assets ₹199.39
- 2023
- Revenue ₹104.49
- Profit ₹6.42
- Assets ₹185.15
In ₹ crore, for the years the offer document reports.
- ROE
- %
- ROCE
- 15.76%
- EBITDA Margin
- 23.17%
- PAT Margin
- 13.55%
- Debt to equity ratio
- 0.63
- Earning Per Share (EPS)
- ₹5.19 (Basic)
- Return on Net Worth (RoNW)
- 18.94%
- Net Asset Value (NAV)
- ₹29.65
Listed peers
- Hindustan Hardy Ltd
- P/E 16.70
- EPS 43.98
- Return on net worth 24.96%
- Talbros Engineering Ltd
- P/E 15.37
- EPS 39.78
- Return on net worth 13.91%
- GNA Axles Ltd
- P/E 15.11
- EPS 24.95
- Return on net worth 12.59%
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
- 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
- What is the GMP of Adroit Industries IPO today?
- The grey-market premium is ₹37, which points to a listing around ₹171 (+27.6% on the issue price), as of 17:10 IST on 19 September 2026. GMP is unofficial and doesn't guarantee a listing price.
- When does Adroit Industries IPO open and close?
- Bidding runs from 23 September 2026 to 25 September 2026.
- What is the Adroit Industries IPO allotment date?
- Allotment is expected on 28 September 2026.
- When will Adroit Industries IPO list?
- Listing is expected on 30 September 2026.
- What is the lot size and minimum investment for Adroit Industries 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 IPO allotment status?
- Bigshare Services is the registrar. Once allotment is out, check it by PAN on the Bigshare Services website or right here.