{"id":262505,"date":"2026-09-23T08:43:26","date_gmt":"2026-09-23T03:13:26","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=262505"},"modified":"2026-09-23T08:43:26","modified_gmt":"2026-09-23T03:13:26","slug":"adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026\/","title":{"rendered":"Adroit Industries IPO Day 1: Subscription Opens Today, 23 September 2026"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Adroit Industries IPO opens today, 23 Sep 2026, closes 25 Sep 2026. Price band Rs 126-134. Lot size 111 shares. Lists on NSE and BSE on 30 Sep.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Adroit Industries IPO opens for subscription today, 23 September 2026, and will remain open until 25 September 2026. Adroit Industries (India) Limited is a vertically integrated manufacturer of propeller shafts and torque-transmission components for driveline systems, and is raising about Rs 150.71 crore through a combination of fresh issue and offer for sale. The price band is set at Rs 126 to Rs 134 per share, with a lot size of 111 shares, and the shares are proposed to list on both NSE and BSE. Since bidding has only just opened, subscription figures will start reflecting real demand as the day progresses, so investors should track the live numbers through the session before deciding.<\/p>\n<\/p><\/div>\n<p>Adroit Industries (India) Limited, incorporated in January 1995, has opened its IPO for subscription today, 23 September 2026. The Adroit Industries IPO is a mainboard, book built issue worth about Rs 150.71 crore, comprising a fresh issue of about 98.97 lakh shares worth Rs 132.62 crore and an offer for sale of about 13.50 lakh shares worth Rs 18.09 crore by promoters, and will remain open for bidding until 25 September 2026. The equity shares are proposed to be listed on both NSE and BSE.<\/p>\n<p>The company manufactures propeller shafts, yokes, shafts, flanges, joints and other driveline components, offering a portfolio of over 5,000 SKUs, with manufacturing spread across facilities at Dewas, Pithampur and Sanwer in Madhya Pradesh, covering forging, heat treatment, precision machining, assembly, balancing and finishing. FY26 product sales were driven heavily by repeat customer revenue. The fresh issue proceeds of the Adroit Industries IPO are earmarked for capital expenditure at the Dewas facility and transportation vehicles, investment in subsidiary Adroit Driveshafts Private Limited for capacity expansion at Pithampur, and loan repayment.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=adroit-industries-ipo-day1\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026\/#Adroit_Industries_IPO_Details\" title=\"Adroit Industries IPO Details\">Adroit Industries IPO Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026\/#Adroit_Industries_IPO_Quick_Facts\" title=\"Adroit Industries IPO Quick Facts\">Adroit Industries IPO Quick Facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026\/#Adroit_Industries_IPO_Share_Reservation\" title=\"Adroit Industries IPO Share Reservation\">Adroit Industries IPO Share Reservation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026\/#Adroit_Industries_IPO_Subscription_Status_Day_1\" title=\"Adroit Industries IPO Subscription Status Day 1\">Adroit Industries IPO Subscription Status Day 1<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026\/#How_to_Apply_for_the_Adroit_Industries_IPO\" title=\"How to Apply for the Adroit Industries IPO\">How to Apply for the Adroit Industries IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026\/#About_Adroit_Industries_India_Limited\" title=\"About Adroit Industries (India) Limited\">About Adroit Industries (India) Limited<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026\/#What_is_the_Adroit_Industries_IPO_subscription_status_on_Day_1\" title=\"What is the Adroit Industries IPO subscription status on Day 1?\">What is the Adroit Industries IPO subscription status on Day 1?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026\/#When_does_the_Adroit_Industries_IPO_open_and_close\" title=\"When does the Adroit Industries IPO open and close?\">When does the Adroit Industries IPO open and close?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026\/#What_is_the_Adroit_Industries_IPO_price_band_and_lot_size\" title=\"What is the Adroit Industries IPO price band and lot size?\">What is the Adroit Industries IPO price band and lot size?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026\/#What_is_the_issue_size_and_structure_of_the_Adroit_Industries_IPO\" title=\"What is the issue size and structure of the Adroit Industries IPO?\">What is the issue size and structure of the Adroit Industries IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026\/#What_is_the_Adroit_Industries_IPO_GMP\" title=\"What is the Adroit Industries IPO GMP?\">What is the Adroit Industries IPO GMP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026\/#How_do_I_apply_for_the_Adroit_Industries_IPO\" title=\"How do I apply for the Adroit Industries IPO?\">How do I apply for the Adroit Industries IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026\/#When_will_the_Adroit_Industries_IPO_be_allotted_and_listed\" title=\"When will the Adroit Industries IPO be allotted and listed?\">When will the Adroit Industries IPO be allotted and listed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026\/#How_are_shares_reserved_in_the_Adroit_Industries_IPO\" title=\"How are shares reserved in the Adroit Industries IPO?\">How are shares reserved in the Adroit Industries IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026\/#What_does_Adroit_Industries_India_Limited_do\" title=\"What does Adroit Industries (India) Limited do?\">What does Adroit Industries (India) Limited do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-1-subscription-23-september-2026\/#Who_are_the_registrar_and_lead_manager_for_the_Adroit_Industries_IPO\" title=\"Who are the registrar and lead manager for the Adroit Industries IPO?\">Who are the registrar and lead manager for the Adroit Industries IPO?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Adroit_Industries_IPO_Details\"><\/span><strong>Adroit Industries IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets out the key parameters of the issue, including the price band, lot size and important dates.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<td><strong>Open Date<\/strong><\/td>\n<td>23 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Close Date<\/strong><\/td>\n<td>25 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Face Value<\/strong><\/td>\n<td>Rs 10 per share<\/td>\n<\/tr>\n<tr>\n<td><strong>Price Band<\/strong><\/td>\n<td>Rs 126 to Rs 134 per share<\/td>\n<\/tr>\n<tr>\n<td><strong>Lot Size<\/strong><\/td>\n<td>111 shares<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Size<\/strong><\/td>\n<td>Rs 150.71 crore<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Type<\/strong><\/td>\n<td>Book Built Issue<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing At<\/strong><\/td>\n<td>NSE and BSE<\/td>\n<\/tr>\n<tr>\n<td><strong>Allotment Date<\/strong><\/td>\n<td>28 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing Date<\/strong><\/td>\n<td>30 September 2026<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Adroit_Industries_IPO_Quick_Facts\"><\/span><strong>Adroit Industries IPO Quick Facts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<th>Particulars<\/th>\n<th>Snapshot<\/th>\n<\/tr>\n<tr>\n<td>Minimum retail investment<\/td>\n<td>Rs 14,874 (1 lot, 111 shares)<\/td>\n<\/tr>\n<tr>\n<td>Registrar<\/td>\n<td>Bigshare Services Pvt Ltd<\/td>\n<\/tr>\n<tr>\n<td>Lead Manager<\/td>\n<td>Choice Capital Advisors Pvt Ltd<\/td>\n<\/tr>\n<\/table>\n<p>This snapshot is meant as a quick reference alongside the fuller details table above, so investors scanning the issue on mobile can find the essentials without scrolling through the whole page.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Adroit_Industries_IPO_Share_Reservation\"><\/span><strong>Adroit Industries IPO Share Reservation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The issue caps the qualified institutional buyer quota at 50 percent of the net issue, with the balance split between non-institutional and retail individual investors under the standard SEBI framework for a book built mainboard issue.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Adroit_Industries_IPO_Subscription_Status_Day_1\"><\/span><strong>Adroit Industries IPO Subscription Status Day 1<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bidding for the issue has opened today, 23 September 2026, so the category wise numbers below will fill in as the session progresses. QIB and larger HNI bids typically build closer to the final day of a book built mainboard issue.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<th>Investor Category<\/th>\n<th>Subscription Status, Day 1 (23 Sep)<\/th>\n<\/tr>\n<tr>\n<td>Qualified Institutional Buyers (QIB)<\/td>\n<td>Bidding just opened, updating through the session<\/td>\n<\/tr>\n<tr>\n<td>Non-Institutional Investors (NII)<\/td>\n<td>Bidding just opened, updating through the session<\/td>\n<\/tr>\n<tr>\n<td>Retail Individual Investors<\/td>\n<td>Bidding just opened, updating through the session<\/td>\n<\/tr>\n<tr>\n<td><strong>Overall<\/strong><\/td>\n<td><strong>Bidding just opened, updating through the session<\/strong><\/td>\n<\/tr>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Subscription Status for the issue on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Apply_for_the_Adroit_Industries_IPO\"><\/span><strong>How to Apply for the Adroit Industries IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.<\/li>\n<li>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.<\/li>\n<li>Submit the application through the UPI-based ASBA method, which blocks the bid amount in your bank account rather than debiting it immediately.<\/li>\n<li>Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 25 September.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to apply for the issue on its opening day.<\/em><\/p>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"About_Adroit_Industries_India_Limited\"><\/span><strong>About Adroit Industries (India) Limited<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Adroit Industries (India) Limited, incorporated in January 1995, is a vertically integrated manufacturer and supplier of propeller shafts and torque-transmission components used in driveline systems, offering a portfolio of over 5,000 SKUs across precision-machined components, complete propeller shaft assemblies and forged components. The company operates manufacturing facilities at Dewas, Pithampur and Sanwer in Madhya Pradesh, ahead of the issue.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The issue has opened for bidding today, 23 September 2026, backed by an established auto components business with a broad SKU portfolio and repeat customer relationships. Investors considering the issue should study the company financials and risk factors in the RHP on nseindia.com and bseindia.com, and apply only after independent due diligence.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Adroit_Industries_IPO_subscription_status_on_Day_1\"><\/span><strong>What is the Adroit Industries IPO subscription status on Day 1?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue opened for bidding today, 23 September 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live QIB, NII and retail numbers on NSE and BSE as the day progresses.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_does_the_Adroit_Industries_IPO_open_and_close\"><\/span><strong>When does the Adroit Industries IPO open and close?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue opened for subscription today, 23 September 2026, and will close on 25 September 2026, a standard three day bidding window for a mainboard issue.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Adroit_Industries_IPO_price_band_and_lot_size\"><\/span><strong>What is the Adroit Industries IPO price band and lot size?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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 price band.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_issue_size_and_structure_of_the_Adroit_Industries_IPO\"><\/span><strong>What is the issue size and structure of the Adroit Industries IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue is worth about Rs 150.71 crore, comprising a fresh issue of about 98.97 lakh shares worth Rs 132.62 crore and an offer for sale of about 13.50 lakh shares worth Rs 18.09 crore by promoters.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Adroit_Industries_IPO_GMP\"><\/span><strong>What is the Adroit Industries IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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, especially this early in the bidding window.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_apply_for_the_Adroit_Industries_IPO\"><\/span><strong>How do I apply for the Adroit Industries IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method. Select the IPO, enter your bid quantity in multiples of 111 shares and your price within the Rs 126 to Rs 134 band, then approve the UPI mandate before the daily cut off.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_will_the_Adroit_Industries_IPO_be_allotted_and_listed\"><\/span><strong>When will the Adroit Industries IPO be allotted and listed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue allotment is expected to be finalised on 28 September 2026, and the shares are tentatively scheduled to list on both NSE and BSE on 30 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_are_shares_reserved_in_the_Adroit_Industries_IPO\"><\/span><strong>How are shares reserved in the Adroit Industries IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue caps the qualified institutional buyer quota at 50 percent of the net issue, with the remainder split between non-institutional and retail individual investors under the standard mainboard framework.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Adroit_Industries_India_Limited_do\"><\/span><strong>What does Adroit Industries (India) Limited do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_are_the_registrar_and_lead_manager_for_the_Adroit_Industries_IPO\"><\/span><strong>Who are the registrar and lead manager for the Adroit Industries IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bigshare Services Pvt Ltd is the registrar for the issue, and Choice Capital Advisors Pvt Ltd is the book running lead manager for the issue.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the issue subscription status on Day 1?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue opened for bidding today, 23 September 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live QIB, NII and retail numbers on NSE and BSE as the day progresses.\"}},{\"@type\":\"Question\",\"name\":\"When does the issue open and close?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue opened for subscription today, 23 September 2026, and will close on 25 September 2026, a standard three day bidding window for a mainboard issue.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue price band and lot size?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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 price band.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue size and structure of the issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue is worth about Rs 150.71 crore, comprising a fresh issue of about 98.97 lakh shares worth Rs 132.62 crore and an offer for sale of about 13.50 lakh shares worth Rs 18.09 crore by promoters.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue GMP?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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, especially this early in the bidding window.\"}},{\"@type\":\"Question\",\"name\":\"How do I apply for the issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method. Select the IPO, enter your bid quantity in multiples of 111 shares and your price within the Rs 126 to Rs 134 band, then approve the UPI mandate before the daily cut off.\"}},{\"@type\":\"Question\",\"name\":\"When will the issue be allotted and listed?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue allotment is expected to be finalised on 28 September 2026, and the shares are tentatively scheduled to list on both NSE and BSE on 30 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"How are shares reserved in the issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue caps the qualified institutional buyer quota at 50 percent of the net issue, with the remainder split between non-institutional and retail individual investors under the standard mainboard framework.\"}},{\"@type\":\"Question\",\"name\":\"What does Adroit Industries (India) Limited do?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"Who are the registrar and lead manager for the issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Bigshare Services Pvt Ltd is the registrar for the issue, and Choice Capital Advisors Pvt Ltd is the book running lead manager for the issue.\"}}]}<\/script><\/div>\n<div class=\"article-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Article\",\"headline\":\"The issue Day 1 Subscription Status 23 Sep 2026\",\"description\":\"Adroit Industries (India) IPO opens today, 23 September 2026. 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