Adroit Industries (India) IPO GMP & Subscription Status Today
Adroit Industries (India) Limited is an integrated manufacturer and supplier of propeller shafts and related drivetrain components catering to automotive and non-automotive applications. The company’s core business activities encompass the manufacture of precision-engineered propeller shafts, driveline assemblies, and components, operating across both upstream forging and downstream machining operations. It generates revenue primarily through the sale of products, comprising machined products, propeller shafts, and related torque-transmission components supplied to domestic and international markets. Operating across commercial vehicle, passenger vehicle, off-highway, industrial, and specialized sectors, the company serves a customer base comprising independent automotive parts distributors, Tier-1 driveline component suppliers, and original equipment manufacturers. Adroit Industries (India) Limited operates vertically integrated manufacturing operations through its facilities in Madhya Pradesh, carrying out die-making, precision forging, heat treatment, machining, dynamic balancing, assembly, and testing.
- Price Band
- ₹126.00 - ₹134.00
- Lot Size
- 111 Shares
- Bidding Closes
- 25 Sept 2026
- Listing Date
- 30 Sept 2026
Complete IPO information
| Current GMP | ₹32 |
|---|---|
| Estimated Listing Gain | +23.88% |
| Price Band | ₹126.00 - ₹134.00 |
| Issue Price | Approx ₹150.71 Crores |
| Listing Price | Est. ₹166 |
| Lot Size | 111 Shares |
| Issue Type | Mainboard |
| Registrar | TBA |
| Exchange | BSE, NSE |
| Retail Quota | TBA |
| Overall Subscription | TBA |
| Listing Date | 30 Sept 2026 |
| Minimum Investment | ₹14,874 |
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Adroit Industries (India) is priced at ₹134 per share. With a minimum lot size of 111 shares, a retail investor applying for one lot would need approximately ₹14,874 to participate in this Mainboard issue.
The latest recorded Grey Market Premium for Adroit Industries (India) stands at ₹32, implying an estimated listing gain of around 23.88% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
Mainboard IPOs list on the main platform of BSE/NSE, typically involve larger issue sizes, and draw participation across retail, HNI and institutional (QIB) investor categories.
IPO roadmap at a glance
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 Lot | 111 | ₹14,874 |
| Retail Maximum | 13 Lot | 1,443 | ₹1,93,362 |
| S-HNI Minimum | 14 Lot | 1,554 | ₹2,08,236 |
| S-HNI Maximum | 67 Lot | 7,437 | ₹9,96,558 |
| B-HNI Minimum | 68 Lot | 7,548 | ₹10,11,432 |
Objects of the Issue & Official Documents
Adroit Industries (India) IPO FAQs
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