X 
IPO Snapshot
Home | Ipo | IPO Snapshot
Adroit Industries (India) Ltd
Issue Open Date 23-Sep-26  
Issue Closing Date 25-Sep-26  
Application Money 100  
Allotment Money  
Price Band (Rs.) 126 - 134  
Minimum Bid Quantity. 111  
Issue Size (Shares) 11247000  
Market Lot 1  
Objective :
1.Funding capital expenditure by our 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 (“Proposed Capital Expenditure in the Company”); 2.Investment in our 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 (“Investment in Subsidiary for capital expenditure”); 3.Investment in our 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 our Subsidiary (“Investment in Subsidiary for loan repayment”). 4.General Corporate Purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors        
Qualified Institutional Buyers        
Retail Individual Investors        
Business Description
With over four decades of operational experience, we are a vertically integrated manufacturer and supplier of propeller shafts (also known as a drive shaft or cardan shaft) and related torque-transmission components, with in-house capabilities across forging, precisi...
Promoter's Holding
Total Share Capital   34911340  
Offered to Public   11247000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)    
More
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
Phone : 9664445307
Email : adroit@adroitindustries.com
Website : www.adroitindustries.com
Registrar
Bigshare Services Pvt Ltd
G 10 Left Wing Amruta Village
Opp: Yashoda Hospital
Raj Bhavan Road
Somajiguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
Choice Capital Advisors Pvt Ltd
Promoters
Monika Sangla
Mukesh Sangla
Saurabh Sangla
Shreya Trust
Shubhangi Trust
Swan Irrigation Llp