{"id":265679,"date":"2026-09-24T00:57:05","date_gmt":"2026-09-23T19:27:05","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=265679"},"modified":"2026-09-24T00:57:05","modified_gmt":"2026-09-23T19:27:05","slug":"adroit-industries-india-initial-public-offering-day-2-subscription-24-september-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-2-subscription-24-september-2026\/","title":{"rendered":"Adroit Industries IPO Day 2: Subscription Status on 24 September 2026"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>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.<\/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 is on Day 2 of bidding on 24 September 2026, after a very strong opening day. The Adroit Industries IPO closed Day 1 subscribed 5.12 times overall, with retail investors leading at 7.16 times and non-institutional investors close behind at 7.11 times, while the QIB portion, excluding anchors, stood at just 0.05 times. Bidding for the Adroit Industries IPO remains open until 25 September 2026, and investors should track the live category wise numbers on NSE and BSE through the day.<\/p>\n<\/p><\/div>\n<p>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.<\/p>\n<p>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&#8217;s session and the 25 September close will be key to how much institutional demand adds to the book.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=adroit-industries-ipo-day2\"><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-2-subscription-24-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-2-subscription-24-september-2026\/#Adroit_Industries_IPO_Subscription_Status_Day_2\" title=\"Adroit Industries IPO Subscription Status Day 2\">Adroit Industries IPO Subscription Status Day 2<\/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-2-subscription-24-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-4\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-2-subscription-24-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-5\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-2-subscription-24-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-6\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-2-subscription-24-september-2026\/#What_is_the_Adroit_Industries_IPO_subscription_status_on_Day_2\" title=\"What is the Adroit Industries IPO subscription status on Day 2?\">What is the Adroit Industries IPO subscription status on Day 2?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-2-subscription-24-september-2026\/#When_does_the_Adroit_Industries_IPO_close\" title=\"When does the Adroit Industries IPO close?\">When does the Adroit Industries IPO close?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-2-subscription-24-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-9\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-2-subscription-24-september-2026\/#Which_category_led_the_Adroit_Industries_IPO_on_Day_1\" title=\"Which category led the Adroit Industries IPO on Day 1?\">Which category led the Adroit Industries IPO 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-2-subscription-24-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-11\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-2-subscription-24-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-12\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-2-subscription-24-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-13\" href=\"https:\/\/univest.in\/blogs-2\/adroit-industries-india-initial-public-offering-day-2-subscription-24-september-2026\/#Is_the_Adroit_Industries_IPO_likely_to_close_oversubscribed\" title=\"Is the Adroit Industries IPO likely to close oversubscribed?\">Is the Adroit Industries IPO likely to close oversubscribed?<\/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-2-subscription-24-september-2026\/#How_much_did_Adroit_Industries_raise_from_anchor_investors\" title=\"How much did Adroit Industries raise from anchor investors?\">How much did Adroit Industries raise from anchor investors?<\/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-2-subscription-24-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><\/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.<\/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>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_Subscription_Status_Day_2\"><\/span><strong>Adroit Industries IPO Subscription Status Day 2<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<th>Investor Category<\/th>\n<th>Subscription at Day 1 Close (23 Sep, 4:54 PM)<\/th>\n<th>Overall Subscription So Far (Day 2, 24 Sep)<\/th>\n<\/tr>\n<tr>\n<td>Qualified Institutional Buyers (QIB)<\/td>\n<td>0.05 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td>Non-Institutional Investors (NII)<\/td>\n<td>7.11 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td>Retail Individual Investors<\/td>\n<td>7.16 times<\/td>\n<td>Updating<\/td>\n<\/tr>\n<tr>\n<td><strong>Overall<\/strong><\/td>\n<td><strong>5.12 times<\/strong><\/td>\n<td><strong>Updating through the session<\/strong><\/td>\n<\/tr>\n<\/table>\n<p>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.<\/p>\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 so the bid amount is blocked rather than debited immediately.<\/li>\n<li>Approve the UPI mandate on your phone before the daily cut off time, keeping in mind 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 before the 25 September close.<\/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=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/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_2\"><\/span><strong>What is the Adroit Industries IPO subscription status on Day 2?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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&#8217;s session on NSE and BSE.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_does_the_Adroit_Industries_IPO_close\"><\/span><strong>When does the Adroit Industries IPO close?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue closes for subscription on 25 September 2026, having opened on 23 September 2026.<\/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 band.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_category_led_the_Adroit_Industries_IPO_on_Day_1\"><\/span><strong>Which category led the Adroit Industries IPO on Day 1?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/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.<\/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, 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.<\/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, with listing on both NSE and BSE tentatively scheduled for 30 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Adroit_Industries_IPO_likely_to_close_oversubscribed\"><\/span><strong>Is the Adroit Industries IPO likely to close oversubscribed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_did_Adroit_Industries_raise_from_anchor_investors\"><\/span><strong>How much did Adroit Industries raise from anchor investors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/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<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 2?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"When does the issue close?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue closes for subscription on 25 September 2026, having opened on 23 September 2026.\"}},{\"@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 band.\"}},{\"@type\":\"Question\",\"name\":\"Which category led the issue on Day 1?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@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.\"}},{\"@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, 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.\"}},{\"@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, with listing on both NSE and BSE tentatively scheduled for 30 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"Is the issue likely to close oversubscribed?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"How much did Adroit Industries raise from anchor investors?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@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.\"}}]}<\/script><\/div>\n<div class=\"article-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Article\",\"headline\":\"The issue Day 2 Subscription Status 24 Sep 2026\",\"description\":\"Adroit Industries (India) IPO Day 2 subscription status on 24 September 2026. Category wise bids, price band and how to apply.\",\"author\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"publisher\":{\"@type\":\"Organization\",\"name\":\"Univest\"},\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/univest.in\/blogs\/adroit-industries-india-initial-public-offering-day-2-subscription-24-september-2026\"}}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Adroit Industries (India) IPO Day 2 subscription update for 24 September 2026, with category wise bidding trends and how to apply.<\/p>\n","protected":false},"author":29,"featured_media":265678,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[6676],"class_list":["post-265679","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-adroit-industries-ipo"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["265678"],"rank_math_title":["Adroit Industries IPO Day 2 Subscription Status 24 Sep 2026"],"rank_math_description":["Adroit Industries (India) IPO Day 2 subscription status on 24 September 2026. 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