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Issue Open Date
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23-Sep-26
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Issue Closing Date
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25-Sep-26
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Application Money
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100
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Allotment Money
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Price Band (Rs.)
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126
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134
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Minimum Bid Quantity.
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111
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Issue Size (Shares)
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11247000
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Market Lot
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1
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Objective :
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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.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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Qualified Institutional Buyers
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Retail Individual Investors
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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...
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Promoter's Holding
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Total Share Capital
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34911340
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Offered to Public
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11247000
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Promoter's Holding (Pre-Issue)
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100
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Promoter's Holding (Post-Issue)
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More |
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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
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Registrar |
Bigshare Services Pvt Ltd
G 10 Left Wing Amruta Village Opp: Yashoda Hospital Raj Bhavan Road Somajiguda Hyderabad
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Listed at |
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BSE, NSE
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Lead Manager |
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Choice Capital Advisors Pvt Ltd
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Promoters |
Monika Sangla Mukesh Sangla Saurabh Sangla Shreya Trust Shubhangi Trust Swan Irrigation Llp
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