Adroit Industries IPO Day 2: Subscription Status on 24 September 2026

Adroit Industries IPO Day 2, 24 Sep 2026. Subscribed 5.12x at Day 1 close: Retail 7.16x, NII 7.11x, QIB 0.05x. Price band Rs 126-134. Closes 25 Sep.

The issue has entered Day 2 of its three day bidding window, which opened on 23 September and closes on 25 September 2026. Adroit Industries (India) Limited, a propeller shaft and torque-transmission component manufacturer, is raising about Rs 150.71 crore through a combination of fresh issue and offer for sale, and the shares are proposed to list on both NSE and BSE.

Day 1 bidding for the issue closed with the issue subscribed a strong 5.12 times overall, driven almost equally by retail and non-institutional demand. Ahead of the issue opening, the company allocated 33.74 lakh shares to six anchor investors at Rs 134 per share. With QIBs, excluding anchors, still at just 0.05 times, today’s session and the 25 September close will be key to how much institutional demand adds to the book.

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Adroit Industries IPO Details

The table below sets out the key parameters of the issue.

Adroit Industries IPO Subscription Status Day 2

Category wise bidding for the issue is updated through the trading session on NSE and BSE. The table below shows the position at the close of Day 1 along with the overall figure recorded so far on Day 2.

Retail and NII investors have driven the demand for the issue almost equally, while the QIB book, excluding anchors, has significant room to build. Investors should treat the Day 2 figures as provisional since bidding remains open until the 25 September close.

Track Subscription Status for the issue on the Univest Screener

How to Apply for the Adroit Industries IPO

1. Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
2. Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 126 to Rs 134 band, in multiples of 111 shares.
3. Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
4. Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 25 September.

Download the Univest iOS App or Univest Android App to apply for the issue before the 25 September close.

Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.

Conclusion

The issue has opened with exceptional demand, closing Day 1 subscribed 5.12 times overall on the back of retail and NII bidding, and one more session remains before the 25 September close for the QIB book to build. Investors considering the issue should review the company financials and risk factors in the RHP on nseindia.com and bseindia.com, and apply only after independent due diligence.

FAQs

What is the Adroit Industries IPO subscription status on Day 2?

Ans. The issue closed Day 1 subscribed 5.12 times overall, with retail at 7.16 times, NII at 7.11 times, and QIB at 0.05 times, and figures for Day 2, 24 September 2026, are updating through today’s session on NSE and BSE.

When does the Adroit Industries IPO close?

Ans. The issue closes for subscription on 25 September 2026, having opened on 23 September 2026.

What is the Adroit Industries IPO price band and lot size?

Ans. The issue price band is Rs 126 to Rs 134 per share, with a lot size of 111 shares, taking the minimum retail investment to about Rs 14,874 at the upper band.

Which category led the Adroit Industries IPO on Day 1?

Ans. Retail investors led the issue on Day 1, subscribing their reserved portion 7.16 times, narrowly ahead of non-institutional investors at 7.11 times, while the QIB portion, excluding anchors, stood at just 0.05 times.

What is the Adroit Industries IPO GMP?

Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.

How do I apply for the Adroit Industries IPO?

Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 111 shares within the Rs 126 to Rs 134 band and approving the UPI mandate before the daily cut off.

When will the Adroit Industries IPO be allotted and listed?

Ans. The issue allotment is expected to be finalised on 28 September 2026, with listing on both NSE and BSE tentatively scheduled for 30 September 2026.

Is the Adroit Industries IPO likely to close oversubscribed?

Ans. The issue was already subscribed 5.12 times by the Day 1 close, so barring a sharp slowdown, the issue is well placed to close oversubscribed, though the QIB book, which stood at only 0.05 times excluding anchors, will only become clearer closer to the 25 September deadline.

How much did Adroit Industries raise from anchor investors?

Ans. Adroit Industries allocated 33.74 lakh shares to six anchor investors at Rs 134 per share, the upper end of the price band, ahead of the issue opening to the public.

What does Adroit Industries (India) Limited do?

Ans. Adroit Industries (India) Limited manufactures propeller shafts and torque-transmission components for driveline systems, offering a portfolio of over 5,000 SKUs from its facilities at Dewas, Pithampur and Sanwer in Madhya Pradesh.