Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
Adroit Industries (India) Ltd. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on March 30, 2026 to raise funds through Initial Public Offer (IPO).
Adroit Industries (India) Ltd. IPO is a Book Build Issue of 1.12 crore equity shares consisting of a fresh issue of upto 0.99 crore equity shares and an offer for sale (OFS) of upto 0.14 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Choice Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Adroit Industries IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,12,47,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 98,97,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 13,50,000 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 3,49,11,340 shares |
| Share Holding Post Issue | 4,48,08,340 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Mar 30, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Offer |
| Retail Shares Offered | Not less than 35.00% of the Offer. |
| NII Shares Offered | Not less than 15.00% of the Offer |
Adroit Industries (India) Ltd., incorporated in 1966, is a manufacturer of propeller shafts and torque-transmission components used in vehicles and industrial machinery.
The company has a fully integrated manufacturing setup, handling everything from forging and machining to assembly and testing, which helps maintain quality and efficiency.
The company offers over 5,000 products to distributors, large component manufacturers, and OEMs. These are mainly used in commercial vehicles, defense, heavy equipment, and industrial machinery.
Its manufacturing facilities are located in Madhya Pradesh, India, and are equipped to support large-scale production.
Its customer base includes well-known companies such as Godrej & Boyce Manufacturing Company Limited, BEML Limited, VE Commercial Vehicles Limited, Sandvik Mining and Rock Technology India Private Limited, Oilgear India Private Limited, and other industrial and infrastructure players.
Adroit has a strong international presence, exporting to over 25 countries across North America, Europe, the Asia-Pacific region, and other regions. It also maintains long-term relationships with reputed customers, supporting steady revenue and repeat business.
Competitive Strengths:
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 205.69 | 187.01 | 199.39 | 185.15 |
| Total Income | 71.45 | 136.61 | 125.10 | 104.49 |
| Profit After Tax | 10.64 | 18.14 | 14.53 | 6.42 |
| EBITDA | 15.24 | 31.02 | 29.69 | 14.17 |
| NET Worth | 114.96 | 103.53 | 87.82 | 65.35 |
| Reserves and Surplus | 97.50 | 86.07 | 70.37 | 47.89 |
| Total Borrowing | 5.11 | 8.32 | 16.29 | 30.44 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure by the Company towards procurement of; (i) machinery and equipment for enhancement of operations at Dewas Facility; and (ii) transportation vehicle for local transportation of goods between the Manufacturing Facilities | 16.77 |
| 2 | Investment in the Subsidiary, Adroit Driveshafts Private Limited, in the form of debt or equity or a combination thereof, for funding capital expenditure towards procurement of; (i) machinery and equipment for enhancement of operations at Pithampur Facility; and (ii) transportation vehicle for local transportation of goods between the Manufacturing Facilities | 36.96 |
| 3 | Investment in the Subsidiary, Adroit Driveshafts Private Limited, in the form of debt or equity or a combination thereof, for re-payment or pre-payment, in full or in part, of certain borrowings availed by the Subsidiary | 20.27 |
| 4 | General Corporate Purposes | |
| Total | 74.00 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 18.97% |
| ROCE | 17.06% |
| Debt/Equity | 0.63 |
| RoNW | 18.94% |
| PAT Margin | 13.55% |
| EBITDA Margin | 23.17% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 51.30% |
Lead Manager Reports
Adroit Industries IPO is a main-board IPO of 1,12,47,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Adroit Industries IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Adroit Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Adroit Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Adroit Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Adroit Industries IPO dates are not announced. Please check back again after some time.
Adroit Industries IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Adroit Industries IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Adroit Industries IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Adroit Industries IPO allotment status.
The Adroit Industries IPO listing date is not yet announced. The tentative date of listing is .
