Adroit Industries (India) Limited
A Bhiwandi maker of propeller shafts and torque-transmission parts, with four decades of operations and over 5,000 SKUs as on July 31, 2026. It pairs a fresh issue of up to 9,897,000 shares, for machinery at Dewas and Pithampur and subsidiary debt, with an offer for sale of 1,350,000 shares by Mukesh Sangla HUF.
- Price band. The range of prices, per share, within which bids are taken in a book-built IPO. The final issue price is set inside it after bidding closes. Learn more ₹ per share
- ₹134
- Listing price ₹ per share
- ₹235
- NSE open, 30 Sep
- Listing gain. The opening price on listing day against the issue price, in rupees and per cent. Learn more %
- +75.4%
- +₹101 per share
- Current market price. We take the price from the exchange every 5 minutes while the market is open (9:15 to 3:30 IST), and again after the close at 3:45 and 4:00. Outside those hours you are seeing the last reading. Learn more ₹ per share
- ₹193.27
- 12 Oct, 15:30 IST
- Gain to date % on IPO price
- +44.2%
- GMP. Grey market premium. The premium over the issue price at which unlisted IPO shares change hands in the unofficial grey market. It is unofficial and unregulated. Learn more ₹ per share
- ₹55
- +41.0% of IPO price
Timeline
- Tue 22 SepAnchor bidding
- Wed 23 SepBidding opens
- Fri 25 SepBidding closes, 5 PM IST
- Mon 28 SepAllotment
- Tue 29 SepRefunds
- Tue 29 SepShares in demat
- Wed 30 SepListing
Grey market premium (GMP)
₹55 per share
+41.0% of the issue price
The last reading before listing, 29 Sep, 20:00 IST. Grey market figures (GMP) are unofficial and unverified.
| Recorded | GMP ₹ |
|---|---|
| 29 Sep, 20:00 IST | ₹55 |
| 29 Sep, 18:30 IST | ₹57 |
| 29 Sep, 18:00 IST | ₹56.50 |
| 29 Sep, 17:30 IST | ₹57.25 |
| 29 Sep, 17:00 IST | ₹55 |
| 29 Sep, 16:00 IST | ₹53 |
| 29 Sep, 11:00 IST | ₹54 |
| 29 Sep, 10:30 IST | ₹55 |
Subscription
| Category | Subscribed × |
|---|---|
| QIB. Qualified institutional buyers: mutual funds, banks, insurers and registered foreign investors. Usually up to 50% of a mainboard book-built issue. Learn more | 195.04× |
| HNI / NII. Non-institutional investors: individuals and others bidding above ₹2 lakh. Split into small (₹2–10 lakh) and big (above ₹10 lakh). Learn more | 332.35× |
| Big HNI (above ₹10L) | 345.97× |
| Small HNI (₹2–10L) | 305.09× |
| Retail. Individual investors bidding up to ₹2 lakh in one IPO. Learn more | 99.81× |
| Total | 176.85× |
As of 25 Sep, 19:01 IST, from the exchange.
Issue details
- Lists on
- NSE and BSE
- Fresh issue
- ₹133 crore, money to the company
- Offer for Sale
- ₹18.09 crore, money to selling holders
- Registrar
- Bigshare Services Pvt.Ltd.
- Lead managers
- Choice Capital Advisors Private Limited
- Symbol
- ADROITIND
- Promoter holding
- 96.1% before
Grey market figures are unofficial and unverified. Nothing here is investment advice. Verify with official sources. Full disclaimer.