Adroit Industries IPO Day 1: Subscription Opens Today, 23 September 2026

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.

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.

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Adroit Industries IPO Details

The table below sets out the key parameters of the issue, including the price band, lot size and important dates.

Open Date	23 September 2026
Close Date	25 September 2026
Face Value	Rs 10 per share
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 Quick Facts

Particulars	Snapshot
Minimum retail investment	Rs 14,874 (1 lot, 111 shares)
Registrar	Bigshare Services Pvt Ltd
Lead Manager	Choice Capital Advisors Pvt Ltd

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.

Adroit Industries IPO Share Reservation

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.

Adroit Industries IPO Subscription Status Day 1

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.

Investor Category	Subscription Status, Day 1 (23 Sep)
Qualified Institutional Buyers (QIB)	Bidding just opened, updating through the session
Non-Institutional Investors (NII)	Bidding just opened, updating through the session
Retail Individual Investors	Bidding just opened, updating through the session
Overall	Bidding just opened, updating through the session

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, which blocks the bid amount in your bank account rather than debiting it immediately.
4. Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 25 September.

Download the Univest iOS App or Univest Android App to apply for the issue on its opening day.

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.

About Adroit Industries (India) Limited

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.

Conclusion

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.

FAQs

What is the Adroit Industries IPO subscription status on Day 1?

Ans. 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.

When does the Adroit Industries IPO open and close?

Ans. 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.

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 price band.

What is the issue size and structure of the Adroit Industries IPO?

Ans. 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.

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, especially this early in the bidding window.

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. 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.

When will the Adroit Industries IPO be allotted and listed?

Ans. 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.

How are shares reserved in the Adroit Industries IPO?

Ans. 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.

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.

Who are the registrar and lead manager for the Adroit Industries IPO?

Ans. 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.