Adroit Industries (India) Limited
ClosedMainboardIndustrials · NSE / BSE
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.
Price Band
₹126 – ₹134
Issue Size
₹1124.70 L Cr
Lot Size
111 shares
GMP
₹47
+35.1%
Est. Listing
₹181
at current GMP
Subscribed
176.85x
overall
Open
23 Sep 2026
Close
25 Sep 2026
Allotment
28 Sep 2026
Refund
29 Sep 2026
Demat Credit
30 Sep 2026
Listing
30 Sep 2026
Last updated 2 days ago
Official Registrar Verification
Adroit Industries (India) Limited Allotment Status
Designated Registrar: Bigshare Services Private Limited
Allotment Date
28 Sep 2026
Basis finalization
Refunds Initiate
29 Sep 2026
Mandate release
Demat Credit
30 Sep 2026
Shares in demat
Listing Debut
30 Sep 2026
Trading begins
How to Check Adroit Industries (India) Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
- Select Adroit Industries (India) Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Adroit Industries (India) Limited Public Issue & Market Profile
Adroit Industries (India) Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹1,12,47,000 Crores. The shares are offered at a price band of ₹126 to ₹134 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2026-09-25, the basis of allotment is scheduled to be finalized on 2026-09-28. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.