Adroit Industries (India)
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Adroit Industries (India)
Price 126 to 134
GMP Rumors ₹54
Lot size 111
Issue size ₹150.71 Cr
Allotment 28-09-2026
Refund 29-09-2026
Listing 30-09-2026
Stars
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ISIN
Allotment Status Bigshare
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About

BSE List Price : ₹250.00

NSE List Price : ₹235.00

Subscription

Category Times
QIBs195.04x
HNIs332.22x
Retail99.45x
Total : 176.85x

IPO Market Lot(s) Distribution

Application Lot Size Shares Amount
Retail Minimum 1 111 ₹14,874
Retail Maximum 13 1,443 ₹193,362
S-HNI Minimum 14 1,554 ₹208,236
S-HNI Maximum 67 7,437 ₹996,558
B-HNI Minimum 68 7,548 ₹1,011,432

About the Company

Adroit Industries (India) Limited is a manufacturer and supplier of propeller shafts and related torque-transmission components used in driveline systems. The company has vertically integrated manufacturing capabilities covering forging, precision machining, heat treatment, assembly, balancing and testing. As of July 31, 2026, its portfolio included more than 5,000 SKUs of torque-transmission components and assemblies. It serves automotive and non-automotive sectors, including commercial vehicles, passenger vehicles, off-highway vehicles, industrial equipment and specialised applications.

Products & Services
• Propeller Shafts & Driveline Assemblies
• Torque-Transmission Components
• Precision-Machined Components
• Forged Components
• Heat-Treated & Balanced Components
• Customised Driveline Solutions

Products & Services

Company Financial Report

Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets
2024 ₹125.10 ₹107.14 ₹14.53 ₹199.39
2025 ₹136.61 ₹113.79 ₹18.14 ₹187.01
2026 ₹143.04 ₹110.14 ₹26.16 ₹212.74

Company Promoter

Saurabh Sangla

Mukesh Sangla

Monika Sangla

Shubhangi Trust

Shreya Trust

Swan Irrigation

Know before investing

  • • Strengths

    Vertically Integrated Manufacturing: In-house capabilities across forging, machining, heat treatment, assembly, balancing and testing.

    Large Product Portfolio: More than 5,000 SKUs of torque-transmission components and assemblies.

    Diversified Applications: Products serve automotive, commercial vehicles, off-highway, industrial and specialised sectors.

    Strong Export Presence: Products are supplied across 32+ countries, with a significant international customer base.

    Established Customer Relationships: The company serves distributors, Tier-1 suppliers and OEMs, with repeat business from customers.

  • • Risks

    Export Concentration: 95.39% of product revenue was derived from exports in FY26, with 53.76% concentrated in the United States.

    Customer Concentration: A significant portion of revenue is generated from the company's key customers.

    US Market Risk: Dependence on the US market exposes the company to tariff, trade-policy and regulatory changes.

    Geographical Concentration: All manufacturing facilities are located in Madhya Pradesh.

    Supplier Dependence: Raw-material procurement is dependent on a limited supplier base.

    Industry Demand Risk: Demand is linked to automotive, commercial vehicle and industrial sectors, which can be cyclical.

Objects of the Issue & Utilisation of proceeds

Capital Expenditure at Dewas Facility: 19.91 crore

Investment in Adroit Driveshafts Pvt. Ltd. for Capital Expenditure at Pithampur Facility: 43.96 crore

Investment in Adroit Driveshafts Pvt. Ltd. for Repayment / Pre-payment of Borrowings: 24.12 crore

General Corporate Purposes: 44.63 crore

Company Address

Adroit Industries (India) Ltd.
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
Phone: +91 91711 14099
Email: cs@adroitindustries.com
Website: https://www.adroitindustries.com/

IPO Registrar

Bigshare Services Pvt.Ltd.
8657578989/8069219065/8069219060
Phone: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

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