The allotment status for the ₹150.71 crore Adroit Industries (India) IPO is anticipated to be announced today, September 28, 2026. Investors can check their IPO allotment status on the official websites of the NSE, BSE, and the IPO registrar, Bigshare Services Private Limited.

Following the completion of the allotment process, the shares are tentatively to be listed on the NSE and BSE on September 30, 2026.

Procedure to Check Adroit Industries (India) IPO Allotment Status Online on NSE

Visit the NSE’s IPO allotment verification status page here.
Select “Equity & SME IPO Bid Details”.
In Select, select “ADROITIND”.
Enter your PAN No. and Application No.
Click “Submit”.

Procedure to Check Adroit Industries (India) IPO Allotment Status Online on BSE

Click here to visit the application status page.
Under Issue Type, select “Equity”.
In Issue Name, select “Adroit Industries (India) Limited”.
Enter your “Application No. or PAN No.”
Enter the given Captcha correctly.
Click “Submit”.

Procedure to Check Adroit Industries (India) IPO Allotment Status on Bigshare Services (Registrar to the Issue)

Visit the Bigshare Services’ IPO allotment status page here.
Click on any one of the three servers available on the page.
In Select Company, select “Adroit Industries (India) LIMITED”.
Enter any of the following details.

Application No./CAF No
Beneficiary ID
PAN Number

Enter the captcha and click “Search”.

Adroit Industries (India) IPO - Issue Details

Issue Type: Book Built Issue (Fresh Issue + OFS)
Total Issue Size: Up to ₹150.71 crore
Fresh Issue: Up to ₹132.62 crore
Offer for Sale (OFS): Up to ₹18.09 crore
Face Value: ₹10 per equity share
Price Band: ₹126 to ₹134 per share
Lot Size: 111 shares
Minimum Investment Amount (Retail Investor): ₹14,874 (111 shares at the upper price)
Listing: BSE, NSE
Book Running Lead Managers: Choice Capital Advisors Private Limited
Registrar: Bigshare Services Private Limited

Explore other Upcoming IPOs on BSE and NSE.

Adroit Industries (India) IPO Overall Subscription Status

[September 25, 2026, 7:00 PM]

Category	Subscription (x)
Qualified Institutional Buyers (QIBs)	195.04x
Non-Institutional Investors (NIIs)	332.35x
Retail Individual Investors (RIIs)	99.81x
Total	176.85x

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

Funding incremental working capital requirements of the company
General corporate purposes.

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

Capital Expenditure for Distillation Plant at Ravalgaon, Maharashtra
Capital Expenditure for expansion and Development of Farms
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
General corporate purposes.

About Adroit Industries (India) Limited

Incorporated in 1966, Adroit Industries (India) Limited manufactures propeller shafts and torque transmission components for the automotive and industrial sectors. Its integrated operations include forging, precision machining, heat treatment, assembly, and testing.

As of February 28, 2026, the company offered over 5,000 SKUs and supplied products to distributors, Tier-1 suppliers, and OEMs. It primarily serves commercial vehicles, along with SUVs, defence, heavy equipment, and industrial applications.

Key Financial Highlights

Particulars	For the six-month period ended September 30, 2025 (in ₹ crore)	FY25 (in ₹ crore)	FY24 (in ₹ crore)
Revenue from operations	69.23	133.89	124.53
EBITDA	15.24	31.02	29.69
Profit After Tax (PAT)	10.64	18.14	14.53