Adroit Industries IPO Day 3: Subscription Closes Today, 25 September 2026
- September 25, 2026
- Posted by: Harsh Piplani
- Category: IPO
Adroit Industries IPO closes today, 25 Sep 2026. Subscribed 18.08x through Day 2 (5:40 PM): NII 27.22x, Retail 23.45x, QIB 1.82x. Price band Rs 126-134.
Quick Answer
The Adroit Industries IPO is on its final day of bidding on 25 September 2026, with the subscription window closing today. The issue has surged through its bidding window, from 5.12 times at the Day 1 close to around 18.08 times by the close of Day 2, with NII crossing 27 times subscription and retail past 23 times, while QIB, excluding anchors, reached 1.82 times. With bidding open until the end of today’s session, and QIB bids typically concentrating in the closing hours, the final Adroit Industries IPO subscription figure could climb further still.
Adroit Industries (India) Limited, a propeller shaft and torque-transmission component manufacturer, has reached the final day of its IPO subscription window today, 25 September 2026. The Adroit Industries IPO opened on 23 September and is a mainboard, book built issue worth about Rs 150.71 crore, comprising a fresh issue and an offer for sale. The shares are proposed to list on both NSE and BSE.
Demand for the issue has been exceptional through the bidding window. The issue closed Day 1 subscribed 5.12 times overall, and by the close of Day 2 the overall book had surged to around 18.08 times, with NII and retail both running well past 20 times subscription. The QIB category, excluding anchors, crossed full subscription at 1.82 times, and today’s closing session is the key window for further institutional bids.
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Adroit Industries IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 23 September 2026 |
| Close Date | 25 September 2026 |
| Price Band | Rs 126 to Rs 134 per share |
| Lot Size | 111 shares |
| Issue Size | Rs 150.71 crore |
| Issue Type | Book Built Issue |
| Listing At | NSE and BSE |
| Allotment Date | 28 September 2026 |
| Listing Date | 30 September 2026 |
Adroit Industries IPO Subscription Status Day 3
The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the close of Day 2.
| Session | Overall | NII | Retail | QIB |
|---|---|---|---|---|
| Day 1 close (23 Sep, 4:54 PM) | 5.12x | 7.11x | 7.16x | 0.05x |
| Day 2 close (24 Sep, 5:40 PM) | 18.08x | 27.22x | 23.45x | 1.82x |
| Day 3, closing day so far (25 Sep) | Updating through the session | |||
NII and retail investors have driven the exceptional demand for the issue through the bidding window, while QIB has also crossed full subscription heading into the close. With bidding open until the end of today’s session, the final subscription numbers for the issue should be confirmed on NSE and BSE once the window shuts.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Adroit Industries IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- 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.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone well before the cut off today, since the issue closes for good after this session.
Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.
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 closed out its bidding window with exceptional demand, running at around 18.08 times overall by the close of Day 2, led by NII and retail. 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 before the window shuts today.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Adroit Industries IPO subscription status on Day 3?
Ans. On the closing day, 25 September 2026, the issue carries forward a Day 2 close of around 18.08 times overall, with NII at 27.22 times, retail at 23.45 times, and QIB at 1.82 times, and figures are updating through today’s final session.
When does the Adroit Industries IPO close?
Ans. The issue closes for subscription today, 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 investment to about Rs 14,874 for one lot.
Which category led the Adroit Industries IPO subscription?
Ans. NII led the issue through Day 2, reaching 27.22 times, closely followed by retail at 23.45 times, while QIB, excluding anchors, crossed full subscription at 1.82 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 before it closes?
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 today’s 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.
What will happen to allotment given how oversubscribed the Adroit Industries IPO is?
Ans. With the issue running well past full subscription in the NII and retail categories, retail allotment will likely be decided by computerised lottery for the minimum lot, while NII allotment will be proportionate, giving a smaller share per applicant the more heavily the category is subscribed.
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.