Adroit Industries (India) Limited IPO

listed · NSE · Bookbuilding IPO

Adroit Industries (India) Limited IPO was a book-built issue on NSE with a price band of ₹126–₹134 per share, open for bidding from 23 Sep 2026 to 25 Sep 2026.

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Company overview

Website
https://www.adroitindustries.com/

IPO overview

The issue was a book-built issue, combining new shares issued by the company (a fresh issue) with shares sold by existing shareholders (an offer for sale).

Bids were accepted within a price band of ₹126–₹134 per share (face value ₹10); the final issue price is set within this band after bidding closes.

The shares listed on NSE on 30 Sep 2026.

Choice Capital Advisors Pvt.Ltd. was the book-running lead manager and Bigshare Services Pvt.Ltd. is the registrar, which processes applications, allotment and refunds.

Stated objects of the issue: 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 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 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 General Corporate Purposes.

Issue type
Bookbuilding IPO
Issue structure
Fresh capital cum OFS
Price
₹126–₹134 per share
Face value
₹10 per share
Exchange
NSE
Lead manager
Choice Capital Advisors Pvt.Ltd.
Registrar
Bigshare Services Pvt.Ltd.

IPO timeline

  1. Bidding opens 23 Sep 2026
  2. Bidding closes 25 Sep 2026
  3. Basis of allotment 28 Sep 2026
  4. Refunds / unblocking 29 Sep 2026
  5. Shares credited to demat 29 Sep 2026
  6. Listing 30 Sep 2026

Bidding ran from 23 Sep 2026 to 25 Sep 2026.

After bidding, the basis of allotment was due on 28 Sep 2026, refunds / unblocking of funds were due on 29 Sep 2026 and shares were due to be credited to demat accounts on 29 Sep 2026.

The shares listed on 30 Sep 2026.

Allotment

The basis of allotment was due on 28 Sep 2026. Applicants can check their status using their PAN, application number or demat account details.

The registrar, Bigshare Services Pvt.Ltd., processes allotment; check status on its website or the exchange's application-status page.

Offer documents

Where the offer document differs from any figure on this page, the document prevails.

Sources and data methodology

NSE & BSE public-issue data; Chittorgarh and InvestorGain (fill gaps only); Chittorgarh allotment calendar. Methodology · Report an error

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