Adroit Industries (India) Limited
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Adroit Industries (India) Limited's is preparing to launch its Initial Public Offering (IPO) with a substantial issue size of 1,12,47,000 Shares. The offering comprises a fresh issue component of 98,97,000 Shares.
The price band for the IPO has been set at TBD, providing investors with a range to place their bids. The minimum investment lot consists of TBD, making it accessible to both retail and institutional investors.
The subscription window for this public offering opens on TBD and will conclude on TBD. Following the subscription period, the share allotment is scheduled for TBD, with the official listing expected to commence on TBD on the NSE, BSE exchange.
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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- Extensive Product Portfolio : Offers 5,000+ SKUs catering to automotive and industrial applications.
- Integrated Manufacturing Setup : In-house forging, machining, and assembly ensure quality and cost efficiency.
- Strong Global & Client Presence : Exports to 25+ countries with long-term relationships with reputed customers.
- Dependence on Industrial & Auto Sectors : Performance linked to cyclical industries like automotive and infrastructure.
- High Capital Intensive Operations : Requires continuous investment in machinery and manufacturing capabilities.
- Raw Material Price Volatility : Fluctuations in steel and input costs can impact profitability.
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Adroit Industries (India) Limited