Adroit Industries (India) Limited
Mainboard IPO
Risk analysis not yet reviewed. ClearIPO publishes risk factors only after a manual review of the offer document.
Last updated 25 Sept 2026
Key details
- Price band
- ₹126 to ₹134
- Face value
- Rs 10
- Lot size
- 111 shares
- Minimum investment
- Rs 14,874
- Issue size
- Rs 151 Cr
- Fresh issue
- Rs 151 Cr
- Retail quota
- 35%
- Exchanges
- BSE, NSE
- Opening date
- 23 Sept 2026
- Closing date
- 25 Sept 2026
- Allotment date
- 26 Sept 2026
- Listing date
- 30 Sept 2026
3 further details have not been reported for this issue yet, so they are left out rather than estimated.
Explain this IPO simply
The same information as the prospectus, written the way you would explain it to a friend.
What the company does
Adroit Industries (India) Limited is an integrated manufacturer and supplier of propeller shafts and related drivetrain components catering to automotive and non-automotive applications. The company’s core business activities encompass the manufacture of precision-engineered propeller shafts, driveline assemblies, and components, operating across both upstream forging and downstream machining operations. It generates revenue primarily through the sale of products, comprising machined products, propeller shafts, and related torque-transmission components supplied to domestic and international markets. Operating across commercial vehicle, passenger vehicle, off-highway, industrial, and specialized sectors, the company serves a customer base comprising independent automotive parts distributors, Tier-1 driveline component suppliers, and original equipment manufacturers. Adroit Industries (India) Limited operates vertically integrated manufacturing operations through its facilities in Madhya Pradesh, carrying out die-making, precision forging, heat treatment, machining, dynamic balancing, assembly, and testing.
No hand-checked analysis for this issue yet
Subscription status
Update pending
The issue is open. Subscription figures have not been published by the source yet.
Important documents
IPO timeline
IPO opens
23 Sept 2026
First day you can apply.
IPO closes
25 Sept 2026
Last day to apply, usually by evening.
Allotment
26 Sept 2026
Who gets shares is decided.
Refund / unblock
27 Sept 2026
Blocked money is released if you did not get shares.
Shares in demat
27 Sept 2026
Allotted shares reach your demat account.
Listing day
30 Sept 2026
Shares start trading on the exchange.
Frequently asked questions
Where this information comes from
- Last updated
- 2026-09-25T03:45:07.191Z
- Last verified
- 2026-09-25T03:45:07.191Z
- Primary source
- nse
- Secondary source
- Exchange filings