IPO Details

Adroit Industries (India) Limited IPO

Adroit Industries (India) Limited logo
Mainboard IPO
₹13,986

Minimum Investment

Exchange Listed · NSE / BSESEBI Regulated Issue

About Company

Company Name: Adroit Industries (India) Limited

Industry / Sector: Auto Components & Equipments / Industrial Products

Founded Year: January 1995

Promoters: Saurabh Sangla, Mukesh Sangla, Monika Sangla, Shubhangi Trust, Shreya Trust, Swan Irrigation LLP

Adroit Industries (India) Limited is a vertically integrated manufacturer and supplier of propeller shafts and torque-transmission components used in driveline systems. The Company offers a portfolio of over 5,000 SKUs comprising precision-machined torque-transmission components, complete propeller shaft assemblies and forged components. Its vertically integrated manufacturing capabilities cover forging, precision machining, heat treatment, assembly, balancing and testing, enabling end-to-end control over the production process. The Company supplies its products through distributors, Tier-1 driveline component suppliers and directly to OEMs, based on customer-specific technical requirements. Its products cater primarily to commercial vehicles, as well as SUVs, defence and emergency services, heavy equipment, off-highway machinery and industrial applications. The Company has a strong export presence, supplying products to customers across North America, Europe, Latin America, the Middle East, Africa and Asia-Pacific. During Fiscal 2026, it supplied products to customers across more than 32 countries. The Company is supported by its subsidiary, Adroit Driveshafts Private Limited, and together they had 367 permanent employees as of July 31, 2026.

IPO Basic Details

Company NameAdroit Industries (India) Limited
IPO TypeMainboard IPO
Price Band₹126 – ₹134
Lot Size111 Shares
Total Issue Size1,12,47,000 Equity Shares (₹150.71 Cr)

IPO Strengths & Risks

Strengths

  • Portfolio of over 5,000 SKUs
  • Healthy financial performance
  • Diversified international customer base
  • Strong engineering and validation capabilities
  • Vertically integrated manufacturing operations
  • Experienced promoters and management team
  • Established customer relationships and repeat business

Risks

  • Dependence on the automotive and commercial vehicle industry
  • Exposure to raw material price volatility (steel)
  • Concentration of manufacturing facilities
  • Foreign exchange fluctuation risks due to export operations
  • Intense competition from domestic and international players

IPO Important Dates

IPO Open Date23 Sep 2026
IPO Close Date25 Sep 2026
Basis of Allotment28 Sep 2026
Refund Initiation29 Sep 2026
Demat Credit Date29 Sep 2026
Listing Date30 Sep 2026
Anchor Investor Date-
UPI Mandate Deadline-

IPO Objectives

  • Capital expenditure for machinery and equipment – -
  • Funding working capital requirements – -
  • Debt repayment – -
  • General corporate purposes – Balance Amount

Investor Reservation

QIB QuotaNot more than 50.00% of the Offer
Retail QuotaNot less than 35.00% of the Offer
HNI Quota-
Employee Quota-
Shareholder Quota-
Anchor Investor Allocation-

Market Lot Details

ApplicationLot SizeSharesAmount
Retail Minimum1 Lot111₹14,874
Retail Maximum13 Lots1443₹1,93,362
S-HNI Minimum14 Lots1554₹2,08,236
S-HNI Maximum67 Lots7437₹9,96,558
B-HNI Minimum68 Lots7548₹10,11,432

Key Performance Indicators (KPI)

ROE22.54%
ROCE19.01%
RoNW-
PAT Margin18.69%
EBITDA Margin27.66%
EPS₹7.49 (Pre-IPO), ₹5.84 (Post-IPO)
NAV per share-
Debt to Equity0.41
P/E Ratio-
Industry P/E-

Company Financial Data

PeriodAssetsTotal IncomePATEBITDANet WorthBorrowings
FY2026₹212.74 Cr₹143.04 Cr₹26.16 Cr₹38.71 Cr₹128.63 Cr₹52.40 Cr
FY2025₹187.01 Cr₹136.61 Cr₹18.14 Cr₹31.02 Cr₹103.53 Cr₹8.32 Cr
FY2024₹199.39 Cr₹125.10 Cr₹14.53 Cr₹29.69 Cr₹87.82 Cr₹16.29 Cr

Grey Market Premium

GMP PriceNot Available
Kostak RateNot Available
Subject to SaudaNot Available
Last UpdatedNot Available
Estimated Listing PriceTBA

IPO Subscription Data

Total SubscriptionPending
QIB (Ex Anchor)Pending
HNI SubscriptionPending
Retail SubscriptionPending
Anchor-

IPO Intermediaries

Registrar: Bigshare Services Pvt. Ltd.

Registrar Website: https://www.bigshareonline.com

IPO Lead Manager(s)

Choice Capital Advisors Pvt. Ltd.

Company Information

Address: Gala No. 02, Building No. A-2, Gr. Floor, Print World Industrial Complex, Survey No. 15/1, Mankoli Road, Vehele, Shastrinagar, Bhiwandi, Thane, Maharashtra - 421302

Website: https://www.adroitindustries.com

Email: cs@adroitindustries.com

Phone: +91 91711 14099

IPO Documents

Frequently Asked Questions (FAQ)

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