Adroit Industries India IPO Details
IPO Overview
| Price Band | ₹126–₹134 |
|---|---|
| Lot Size | 111 shares |
| Min Investment | Min ₹14874 |
| Total Subscription | 0 times |
| Status | Upcoming |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 111 | 14874 |
| Retail (Max) | 13 | 1443 | 193362 |
| S-HNI (Min) | 14 | 1554 | 208236 |
| S-HNI (Max) | 67 | 7437 | 996558 |
| B-HNI (Min) | 68 | 7548 | 1011432 |
IPO Tentative Timetable
| IPO Open Date | Sep 23, 2026 |
|---|---|
| IPO Close Date | Sep 25, 2026 |
| Allotment Date | Sep 28, 2026 |
| Refund Initiation | Sep 29, 2026 |
| Listing Date | Sep 30, 2026 |
IPO Detail
| Face Value | ₹10 per share |
|---|---|
| Price Band | ₹126 to ₹134 |
| Lot Size | 111 Shares |
| 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 ₹151 Cr) |
| Fresh Issue | 98,97,000 shares (agg. up to ₹133 Cr) |
| Offer for Sale | 13,50,000 shares of ₹10 (agg. up to ₹18 Cr) |
| Share Holding Pre Issue | 3,49,11,340 shares |
| Share Holding Post Issue | 4,48,08,340 shares |
Key Performance Indicators (KPI)
| K P I | Mar 31, 2026 |
|---|---|
| ROE | 22.54% |
| ROCE | 19.01% |
| Debt/Equity | 0.41 |
| RoNW | 22.51% |
| PAT Margin | 18.69% |
| EBITDA Margin | 27.66% |
| NAV | 36.84 |
| Price to Book Value | 3.64 |
Issue Reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50.00% of the Offer |
| Retail | Not less than 35.00% of the Offer. |
| NII | Not less than 15.00% of the Offer |
Company Financials (In Crore)
| Period Ended | Assets | Total Income | Profit After Tax | E B I T D A | N E T Worth | Reserves And Surplus | Total Borrowing |
|---|---|---|---|---|---|---|---|
| 31 Mar 2026 | 212.74 | 143.04 | 26.16 | 38.71 | 128.63 | 105.59 | 52.40 |
| 31 Mar 2025 | 187.01 | 136.61 | 18.14 | 31.02 | 103.53 | 96.92 | 8.32 |
| 31 Mar 2024 | 199.39 | 125.10 | 14.53 | 29.69 | 87.82 | 78.79 | 16.29 |
Objects of the Issue
| S. No. | Objects Of The Issue | Expected Amount (in Crores) |
|---|---|---|
| 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 | 19.91 |
| 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 | 43.96 |
| 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 | 24.12 |
| 4 | General Corporate Purposes | |
| Total | 87.98 |
About Company
Incorporated in January 1995, Adroit Industries (India) Limited is a vertically integrated manufacturer and supplier of propeller shafts and torque-transmission components used in driveline systems. The Company offers a portfolio of over 5,000 SKUs comprising precision-machined torque-transmission components, complete propeller shaft assemblies and forged components. Its vertically integrated manufacturing capabilities cover forging, precision machining, heat treatment, assembly, balancing and testing, enabling end-to-end control over the production process.
The Company supplies its products through distributors, Tier-1 driveline component suppliers and directly to OEMs, based on customer-specific technical requirements. Its products cater primarily to commercial vehicles, as well as SUVs, defence and emergency services, heavy equipment, off-highway machinery and industrial applications.
The Company has a strong export presence, supplying products to customers across North America, Europe, Latin America, the Middle East, Africa and Asia-Pacific. During Fiscal 2026, it supplied products to customers across more than 32 countries.
The Company is supported by its subsidiary, Adroit Driveshafts Private Limited, and together they had 367 permanent employees as of July 31, 2026.
Competitive Strengths
- Portfolio of over 5,000 SKUs.
- Healthy financial performance.
- Diversified international customer base.
- Strong engineering and validation capabilities.
- Vertically integrated manufacturing operations.
- Experienced promoters and management team.
- Established customer relationships and repeat business.
Promoters
- Saurabh Sangla, Mukesh Sangla, Monika Sangla, Shubhangi Trust, Shreya Trust and Swan Irrigation LLP.
Documents
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