Adroit Industries IPO Allotment Status
Basis of Allotment: 28 September 2026
The Adroit Industries IPO opened for subscription on 23 September 2026 and closed on 25 September 2026. Investors can check their allotment status after the basis of allotment is finalised through Bigshare Services, NSE or BSE using their PAN number, application number or DP ID / Client ID.
Adroit Industries IPO Allotment Status 2026
Adroit Industries IPO allotment is scheduled for 28 September 2026. The basis of allotment is expected to be finalised after the IPO closed on 25 September 2026.
Adroit Industries (India) Limited launched its mainboard IPO with a price band of ₹126 to ₹134 per share and a minimum lot size of 111 shares.
At the upper price band, one retail lot requires an investment of ₹14,874.
The Adroit Industries IPO comprises a fresh issue of up to 98,97,000 equity shares and an offer for sale of up to 13,50,000 equity shares, aggregating to approximately ₹150.71 crore at the upper price band.
Bigshare Services Private Limited is the registrar to the Adroit Industries IPO and is responsible for processing the allotment and related investor services.
How to Check Adroit Industries IPO Allotment Status
Investors can check their Adroit Industries IPO allotment status online after the basis of allotment is finalised on 28 September 2026. The status can be checked using PAN, application number or DP ID / Client ID.
Adroit Industries IPO Allotment Status Links
| Platform | Purpose | Details Required |
|---|---|---|
| Bigshare Services | Official IPO registrar and allotment status | PAN / Application No. / Demat Account |
| NSE | IPO bid and application information | PAN / Application Details |
| BSE | IPO application status | PAN / Application No. |
Adroit Industries IPO Details
| IPO Name | Adroit Industries IPO |
| Company | Adroit Industries (India) Limited |
| IPO Type | Mainboard IPO |
| Issue Type | Book Built Issue |
| Issue Structure | Fresh Issue + Offer for Sale |
| Exchange | NSE & BSE |
| IPO Open Date | 23 September 2026 |
| IPO Close Date | 25 September 2026 |
| Basis of Allotment | 28 September 2026 |
| Refund / Fund Release | 29 September 2026 |
| Share Credit | 29 September 2026 |
| Listing Date | 30 September 2026 |
| Price Band | ₹126 to ₹134 per share |
| Lot Size | 111 Shares |
| Minimum Investment | ₹14,874 |
| Issue Size | ₹150.71 Crore |
| Fresh Issue | 98,97,000 Equity Shares |
| Offer for Sale | 13,50,000 Equity Shares |
| Face Value | ₹10 per share |
| Registrar | Bigshare Services Private Limited |
| Lead Manager | Choice Capital Advisors Private Limited |
What Happens After Adroit Industries IPO Allotment?
After the basis of allotment is finalised, successful applicants will receive Adroit Industries shares in their demat accounts. Investors who do not receive shares will have their blocked funds released according to the IPO timeline.
IPO Opens: 23 September 2026
IPO Closes: 25 September 2026
Basis of Allotment: 28 September 2026
Refund / Fund Release: 29 September 2026
Share Credit: 29 September 2026
Listing: 30 September 2026
Adroit Industries IPO Allotment Result
Once the allotment is finalised and uploaded by Bigshare Services, applicants can enter their PAN number, application number or Demat account details on the registrar portal to check whether Adroit Industries IPO shares have been allotted.
If shares are allotted, the number of Adroit Industries shares allotted will appear against your application. The shares are scheduled to be credited to successful investors’ demat accounts on 29 September 2026, ahead of the scheduled listing on 30 September 2026.
If no shares are allotted, the amount blocked for the IPO application is scheduled to be released on 29 September 2026, subject to the applicable bank, UPI or ASBA processing timeline. Investors should check their bank account or UPI mandate for the release of blocked funds.
About Adroit Industries (India) Limited
Adroit Industries (India) Limited is a manufacturer and supplier of propeller shafts and torque-transmission components. Its product portfolio includes precision-machined torque-transmission components, complete propeller shaft assemblies and forged components.
The company’s products cater to industries including commercial vehicles, SUVs, defence and emergency services, heavy equipment, off-highway machinery and industrial applications.
Adroit Industries operates manufacturing capabilities covering forging, precision machining, heat treatment, final assembly, dynamic balancing and quality testing. The company also supplies products to customers across international markets.
The company is promoted by Saurabh Sangla, Mukesh Sangla and Monika Sangla.
Adroit Industries IPO Objects of the Issue
The net proceeds from the fresh issue are proposed to be used for the following purposes:
1. Capital expenditure – ₹19.91 crore: Funding capital expenditure for machinery and equipment at the Dewas facility and transportation vehicles for movement of goods between manufacturing facilities.
2. Investment in subsidiary – ₹43.96 crore: Investment in Adroit Driveshafts Private Limited for capital expenditure towards machinery, equipment and transportation vehicles at the Pithampur facility.
3. Repayment / prepayment of borrowings – ₹24.12 crore: Investment in Adroit Driveshafts Private Limited for repayment or prepayment of certain borrowings.
4. General corporate purposes: The remaining net proceeds are proposed to be used for general corporate purposes, subject to the offer documents.
Adroit Industries IPO Subscription Status
The Adroit Industries IPO received strong subscription demand during the three-day bidding period from 23 September to 25 September 2026.
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 195.04x |
| Non-Institutional Investors (NII) | 332.35x |
| Retail Individual Investors | 99.81x |
| Total | 176.85x |
These are reported final subscription figures for the IPO. The subscription data excludes the anchor investor portion from the category calculations.
Adroit Industries IPO Lot Size
The minimum application size for the Adroit Industries IPO was 111 shares. Retail investors could apply for up to 13 lots within the applicable retail investment limit.
| Investor Category | Lots | Shares | Amount at ₹134 |
|---|---|---|---|
| Retail Minimum | 1 | 111 | ₹14,874 |
| Retail Maximum | 13 | 1,443 | ₹1,93,362 |
| S-HNI Minimum | 14 | 1,554 | ₹2,08,236 |
| S-HNI Maximum | 67 | 7,437 | ₹9,96,558 |
| B-HNI Minimum | 68 | 7,548 | ₹10,11,432 |
Adroit Industries IPO Allotment FAQs
When is Adroit Industries IPO allotment date?
The Adroit Industries IPO allotment is scheduled to be finalised
on 28 September 2026.
How can I check Adroit Industries IPO allotment status?
Investors can check the allotment status through
Bigshare Services, NSE or BSE using their PAN,
application number or Demat account details.
Who is the registrar of Adroit Industries IPO?
Bigshare Services Private Limited is the registrar
to the Adroit Industries IPO.
When will Adroit Industries IPO shares be credited?
The scheduled demat share-credit date is
29 September 2026.
When will Adroit Industries IPO be listed?
The scheduled listing date is
30 September 2026 on NSE and BSE.
What is the price band of Adroit Industries IPO?
The price band is ₹126 to ₹134 per share.
What is the lot size of Adroit Industries IPO?
The minimum lot size is 111 shares.
What is the minimum investment in Adroit Industries IPO?
At the upper price band of ₹134, one lot of 111 shares requires
₹14,874.
What is the issue size of Adroit Industries IPO?
The IPO has an issue size of approximately
₹150.71 crore.
Is Adroit Industries IPO a fresh issue or OFS?
The IPO comprises a fresh issue of up to
98,97,000 equity shares and an offer for sale of up to
13,50,000 equity shares.
What is the issue type of Adroit Industries IPO?
It is a book-built issue.
Which exchanges will list Adroit Industries shares?
The shares are scheduled to be listed on
NSE and BSE.
Who is the lead manager of Adroit Industries IPO?
Choice Capital Advisors Private Limited is the
book-running lead manager to the issue.
What is the face value of Adroit Industries shares?
The face value is ₹10 per equity share.
What was the final subscription of Adroit Industries IPO?
The reported final overall subscription was
176.85x, including QIB subscription of
195.04x, NII subscription of
332.35x and retail subscription of
99.81x.
What are the refund and share-credit dates?
The scheduled refund/fund release and demat share-credit date is
29 September 2026.
IPO allotment information is provided for informational and educational purposes only. The final allotment is determined by the registrar based on the approved basis of allotment. Investors should verify their individual allotment status only through the official registrar or stock-exchange portals. TradingMinds does not guarantee IPO allotment or investment returns.
