Adroit Industries (India) Limited
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₹35(26.12%)
Premium (ELP)
The Initial Public Offering of Adroit Industries (India) Limited's is presently open for subscription , presenting a timely investment occasion. With a total issue size of 1,12,47,000 Shares, comprising 98,97,000 Shares in fresh capital and ₹18.09 Cr in OFS shares, the IPO has generated considerable request interest.
Investors can presently place their flings within the price range of ₹126 to ₹134, with the minimum operation taking 111 shares. The livesubscription period reflects strong investor confidence in the company's growth prospects and request positioning.
The bidding window remains open until Sep 25, 2026, after which the allotment process will be initiated on Sep 28, 2026. Successful aspirants can anticipate trading inception on Sep 30, 2026 at the NSE, BSEexchange.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Adroit Industries (India) Ltd., established in 1966, manufactures propeller shafts and torque transmission components used in vehicles and industrial machinery. The company operates a fully integrated setup that manages everything from forging and machining to final assembly and testing, ensuring consistent quality and efficiency. It offers more than 5,000 products to distributors, OEMs, and large component manufacturers, mainly serving sectors like commercial vehicles, defense, heavy equipment, and industrial machinery. Its manufacturing units are located in Madhya Pradesh and are designed for large-scale production. The company serves well-known clients such as Godrej & Boyce, BEML, VE Commercial Vehicles, Sandvik Mining, and Oilgear India, and also exports its products to over 25 countries across regions like North America, Europe, and Asia-Pacific, maintaining strong long-term customer relationships that support steady business growth.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
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- Diversified Product Portfolio: Adroit offers more than 5,000 SKUs for various automotive and industrial applications. Its wide product range allows it to serve distributors, OEMs and major component manufacturers.
- Fully Integrated Manufacturing: The company handles forging, machining, assembly and testing through its integrated manufacturing setup. This gives better control over product quality, production efficiency and costs.
- Strong Customer Relationships: Adroit has built long-term relationships with reputed customers across the automotive, defence, heavy equipment and industrial sectors. These relationships support repeat orders and business continuity.
- High Export Dependence: Export sales contributed 94.15%, 96.27%, 94.56% and 95.13% of revenue from product sales during the six months ended September 30, 2025 and Fiscal 2025, 2024 and 2023, respectively. Any adverse changes in international markets could negatively impact the company’s business and financial performance.
- Customer Concentration: The top 10 customers contributed 66.71%, 65.91%, 68.61% and 72.76% of revenue from product sales during the respective periods. Any reduction, change or termination of orders from these customers could affect revenue, cash flows and future business prospects.
- Manufacturing Concentration: The company’s manufacturing operations are concentrated in facilities located in Madhya Pradesh. Any disruption, slowdown or shutdown at these facilities could negatively affect operations, financial condition and cash flows.
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