Adroit Industries IPO Details
| IPO Open Date | September 23, 2026 |
| IPO Close Date | September 25, 2026 |
| Face Value | ā¹10 Per Equity Share |
| IPO Price Band | ā¹126 to ā¹134 Per Share |
| Issue Size | Approx ā¹150.71 Crores |
| Fresh Issue | Approx ā¹132.62 Crores |
| Offer for Sale: | Approx 13,50,000 Equity Shares |
| Issue Type | Book building Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Adroit Industries IPO Market Lot
The Adroit Industries IPO minimum market lot is 111 shares with ā¹14,874 application amount. The retail investors can apply up-to 13 lots with 1443 shares of ā¹1,93,362 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 111 | ā¹14,874 |
| Retail Maximum | 13 | 1443 | ā¹1,93,362 |
| S-HNI Minimum | 14 | 1554 | ā¹2,08,236 |
| S-HNI Maximum | 67 | 7437 | ā¹9,96,558 |
| B-HNI Minimum | 68 | 7548 | ā¹10,11,432 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 33,74,100 Shares | 30% |
| QIB (Ex. Anchor) | 22,49,400 Shares | 20% |
| NII Shares Offered | 16,87,050 Shares | 15% |
| Retail Shares Offered | 39,36,450 Shares | 35% |
Adroit Industries IPO Anchor Investors
| Anchor Bidding Date | September 22, 2026 |
| Anchor Investors List | |
| Shares Offered | 33,74,100 Shares |
| Anchor Size | 45.21 Cr. |
| lock-in period end date 50% shares (30 Days) | Oct 28, 2026 |
| lock-in period end date 50% shares (90 Days) | Dec 27, 2026 |
Adroit Industries IPO Dates
The Adroit Industries IPO date is September 23 and the close date is September 25. The Adroit Industries IPO allotment will be finalized on September 28 and the IPO listing on September 30.
| IPO Open Date: | September 23, 2026 |
| IPO Close Date: | September 25, 2026 |
| Basis of Allotment: | September 28, 2026 |
| Refunds: | September 29, 2026 |
| Credit to Demat Account: | September 29, 2026 |
| IPO Listing Date: | September 30, 2026 |
Promoters and Holding Pattern
The promoters of the company are Saurabh Sangla, Mukesh Sangla, Monika Sangla, Shubhangi Trust, Shreya Trust and Swan Irrigation.
| Particular | Pre IPO Shares | Pre IPO % Shares | Post IPO Shares | Post IPO % Shares |
| Promoter and Promoter Group | 33,549,334 | 96.10% | 32,199,334 | 71.86% |
| Others* | 1,362,006 | 3.90% | 12,609,006 | 28.14% |
| Total | 3,49,11,340 | 100% | 4,48,08,340 | 100% |
Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
| 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 | ā¹19.91 |
| 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 | ā¹43.96 |
| 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 | ā¹24.12 |
| General Corporate Purposes | ā¹ |
About Adroit Industries
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 Industries’ 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.
Company Financials
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ā¹125.10 | ā¹107.14 | ā¹14.53 | ā¹199.39 |
| 2025 | ā¹136.61 | ā¹113.79 | ā¹18.14 | ā¹187.01 |
| 2026 | ā¹143.04 | ā¹110.14 | ā¹26.16 | ā¹212.74 |
Company Valuation – FY2026
Check Adroit Industries IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 22.51% |
| ROCE: | 19.01% |
| EBITDA Margin: | 27.66% |
| PAT Margin: | 18.69% |
| Debt to equity ratio: | 0.41 |
| Earning Per Share (EPS): | ā¹7.48 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 22.51% |
| Net Asset Value (NAV): | ā¹36.84 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Hindustan Hardy Ltd | 55.92 | 12.98 | 25.00% | 250.24 | 108.79 Cr. |
| Talbros Engineering Ltd | 57.34 | 10.70 | 17.32% | 359.20 | 535.74 Cr. |
| GNA Axles Ltd | 27.24 | 20.85 | 12.28% | 233.89 | 1,478.42 Cr. |
IPO Lead Managers aka Merchant Bankers
- Choice Capital Advisors Pvt.Ltd.
Company Address
Adroit Industries (India) Ltd.
Gala No. 02, Building No. A-2, Gr. Floor
Print World Industrial Complex, Survey No. 15/1,
Mankoli Road, Vehele, Shastrinagar, Bhiwandi
Thane, Maharashtra, 421302
Phone: +91 91711 14099
Email: cs@adroitindustries.com
Website: https://www.adroitindustries.com/
IPO Registrar
Bigshare Services Pvt.Ltd.
8657578989/8069219065/8069219060
Phone: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
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