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IPOs, NCDs, OFS, Rights Issues, Buyback and Stock Brokers

IPO 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
    Share Holding Post Issue

IPO DRHP Status

Description Date
Filed with SEBI/Exchange Mon, Mar 30, 2026

Issue Reservation

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

About Adroit Industries (India) Ltd.

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:

  • A large and diversified product portfolio with over 5,000 SKUs
  • Fully integrated manufacturing operations ensure quality control and cost efficiency
  • Strong and long-standing relationships with a diversified customer base
  • High entry barriers supported by technical expertise and validation capabilities
  • Well-established export network across multiple international markets
  • Experienced promoters and management team driving business growth

Company Financials (Restated Consolidated)

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

IPO Objects of the Issue

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

Key Performance Indicator (KPI)

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%
The Promoters of the company, namely Saurabh Sangla, Mukesh Sangla, Monika Sangla, Shubhangi Trust and Shreya Trust and Swan Irrigation.

IPO Registrar

Bigshare Services Pvt.Ltd.

IPO Lead Manager(s)

  1. Choice Capital Advisors Pvt.Ltd.  (Past IPO Performance)

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Adroit Industries (India) Ltd. Address
Gala No. 02, Building No. A-2, Gr. Floor
Print World Industrial Complex, Survey No. 15/1,
Mankoli Road, Vehele, Shastrinagar, Bhiwandi
Thane, Maharashtra, 421302

IPO FAQs

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.

Angel One customers can apply online in Adroit Industries IPO using UPI as a payment gateway. Angel One  customers can apply in Adroit Industries IPO by login into Angel One  Console (back office) and submitting an IPO application form.

Steps to apply in Adroit Industries IPO through Angel One

  1. Visit the Angel One  website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the ‘Adroit Industries IPO’ row and click the ‘Bid’ button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Angel One  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 Angel One, 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 .

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