Adroit Industries (India) Shares List at 75% Premium on NSE
Adroit Industries (India) made a strong stock market debut on Wednesday, September 30, 2026, with its shares listing at a 75.37% premium on the NSE. The stock opened at ₹235 apiece on the NSE, up from its IPO issue price of ₹134 per share. On the BSE, the shares debuted at ₹250 per share, representing an 86.57% premium over the issue price.
The company’s ₹150.71 crore IPO was open for subscription from September 23 to September 25, 2026, and witnessed strong investor interest. The issue was subscribed 176.85 times by the end of the bidding period.
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 |
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 |
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