Adroit Industries IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.05 | 1.82 | 195.04 |
| NII | 7.30 | 27.22 | 331.87 |
| bNII | 5.70 | 22.55 | 345.97 |
| sNII | 10.48 | 36.54 | 303.67 |
| RII | 7.29 | 23.45 | 97.58 |
| Total | 5.22 | 18.08 | 175.63 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Adroit Industries IPO minimum market lot is 111 shares with âč14,874 application amount. The Adroit Industries IPO is a Mainboard IPO, and it is to be listed on BSE, NSE.
Business Overview
Since its incorporation in January 1995, Adroit Industries has been a leading manufacturer and supplier of propeller shafts and torque-transmission components. Its product portfolio consists of over 5000 products, which includes precision-machined torque-transmission components, complete propeller shaft assemblies, and forged components. Its product range caters to a diverse range of industries such as commercial vehicles, SUVs, defence and emergency services, heavy equipment, off-highway machinery, and industrial applications.
Adroit Industriesâ manufacturing facility combines advanced forging capabilities, specialized precision machining, heat treatment procedures, final assembly, dynamic balancing, and quality testing, offering end-to-end production capabilities. Furthermore, the firm exports its products to customers across North America, Europe, Latin America, the Middle East, Africa, and Asia-Pacific.
Adroit Industries IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Adroit Industries IPO Review and Rating
- May Apply For Long-term View
Adroit Industries IPO Form
How to apply for the Adroit Industries IPO? You can apply for Adroit Industries IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Adroit Industries IPO in the Invest section. The other option is you can apply for Adroit Industries IPO via IPO forms downloaded online. Check out the Adroit Industries forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
