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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Adroit Industries (India) Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹134
Per ShareLot Size
111 Shares
Minimum Investment
₹14,874
Issue Size
₹150.71 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
96.1%
Promoter Holding (Post-Issue)
71.86%
Issue Type
Book Building
ISIN
INE505M01015
With over four decades of operational experience, we are a vertically integrated manufacturer and supplier of propeller shafts (also known as a drive shaft or cardan shaft) and related torque-transmission components, with in-house capabilities across forging, precision machining, heat treatment, assembly, balancing and testing. As on February 28, 2026, we offer over 5,000 SKUs of torque-transmission components and assemblies forming part of driveline systems.
Our Company was originally formed as a partnership firm under the Indian Partnership Act, 1932 under the name `Adroit Industries India' pursuant to a deed of partnership dated March 09, 1966, and was re-constituted, pursuant to a deed of partnership dated June 02, 1994. `Adroit Industries India' was thereafter converted from a partnership firm to a public limited company, under Part IX of the erstwhile Companies Act, 1956, as `Adroit Industries (India) Limited, and a Certificate of Incorporation dated January 19, 1995 was issued by the Deputy Registrar of Companies, Maharashtra, Mumbai.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 11,247,000 equity share of face value of Rs. 10 each ("Equity Shares") of Adroit Industries (India) Limited ("The Company" or the "Issuer") for cash at a price of Rs. 134 per equity share (including a securities premium of Rs. 124 per equity share) ("Offer Price") aggregating to Rs. 150.71 Crores (the "Offer") comprising a fresh issue of 9,897,000 equity shares aggregating to Rs. 132.62 Crores by the company (the "Fresh Issue") and an offer for sale of to 1,350,000 equity shares aggregating to Rs. 18.09 Crores by Mukesh Sangla HUF ("promoter group selling shareholder") ("offer for sale", and together with the fresh issue, the "Offer"). Price Band: Rs. 134 per equity share of face value of Rs. 10 each. The floor price is 13.4 times the face value of the equity shares. Bids can be made for a minimum of 111 equity shares face value of Rs. 10 each and in multiples of 111 equity shares of face value of Rs. 10 each thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.