upcoming · IPO · BSE/NSE · opens 23 September 2026

Adroit Industries (India) Limited

Will raise ₹150.71 Cr at ₹126 – ₹134 per share.

₹126 – ₹134

price band per share

Price band
₹126 – ₹134
Shares per lot
111
Retail minimum
₹14,874
Issue size
₹150.71 Cr
Face value
₹10

Company research

Tijori Finance

Adroit Industries (India) Limited designs, manufactures, and exports propshafts assemblies and components for use in automotive, locomotive, industrial, agricultural, and marine and other markets in India, the United States, Canada, Australia, and the United Kingdom. It also offers components of the propeller shafts, such as companion flange, flange yoke, weld yoke, end yoke, sleeve yoke, tube, and stub-shaft. The company provides its products for use in light to heavy commercial vehicles, passenger car vehicles, heavy earth-moving equipments, and engine test cell equipments; railway rolling stock and railway track maintenance machinery; steel and rolling mills, woodworking machinery, and papermaking machinery; and water sewage treatment works and pump drives.

Financials — ₹ crore
Period Revenue PAT Debt
Mar 2024
124.53 Cr
14.51 Cr 81.85 Cr
Mar 2025
133.89 Cr
18.13 Cr 64.78 Cr
Mar 2026
139.94 Cr
26.13 Cr 52.4 Cr
Revenue mix
Machined torque-transmission components
68%
Finished propeller shaft assemblies
32%
Peer comparison
Company Mkt cap Revenue P/E P/B
ADROIT 600 139 Cr 22.94 4.66
HINDHARD 113 108 Cr 17.78 3.12
TALBROSENG 315 446 Cr 10.63 1.74
GNA 2,399 1,478 Cr 18.32 2.41

Subscription by investor category

as of 22 Sept, 07:29 pm IST

BSE is publishing the category book for this issue, but the latest feed currently reports zero bids and no subscription multiple.

Parties to the issue

Book-running lead manager
Choice Capital Advisors Private Limited
Registrar
Bigshare Services Private Limited
Sponsor bank
Kotak Bank

Exchange filings

Fields captured from NSE and BSE
Issue information
Symbol
ADROITIND
Issue period
2026-09-23 to 2026-09-25
Issue size
1,12,47,000 shares
Price range
Rs.126 to Rs.134
Lot size
111
Face value
Rs.10
Tick size
Rs.1
Book running lead managers
Choice Capital Advisors Private Limited
Sponsor bank
KOTAK BANK
Name of the Registrar
Bigshare Services Private Limited

Documents

Data sources: BSE , BSE , BSE , BSE , BSE , BSE , NSE , NSE , NSE , NSE . Data quality clean.