Adroit Industries (India) DRHP & RHP
MainboardBidding closedChecked · GMP unchanged since
Adroit Industries (India) IPO Details
Adroit Industries (India) Financials ₹ in crore
Detailed financials for this issue aren’t available yet.
Adroit Industries (India) IPO Lot Size & Minimum Investment by investor category
| Application | Shares | Amount at ₹134 |
|---|---|---|
| Retail (min)1 lot | 111 | ₹14,874 |
| Retail (max)13 lots | 1,443 | ₹1,93,362 |
| sHNI (min)14 lots | 1,554 | ₹2,08,236 |
| bHNI (min)68 lots | 7,548 | ₹10,11,432 |
One lot is 111 shares, so a single application at the ₹134 cut-off costs ₹14,874. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
About Adroit Industries (India)
Adroit Industries (India) Limited is a manufacturer and supplier of propeller shafts and related torque-transmission components for driveline systems. The company operates an integrated manufacturing model across forging, machining, heat treatment, assembly, balancing, and testing. Its products serve automotive, defence, and industrial machinery sectors, with a significant portion of revenue derived from export sales.
Adroit Industries (India) DRHP & RHP offer documents
The draft red herring prospectus is filed with SEBI before the issue; the red herring prospectus adds the price band and dates just before bidding opens. Both describe the business, the restated financials, the risk factors and how the proceeds will be used.
Adroit Industries (India) IPO Strengths & Risks as disclosed in the DRHP
How to check Adroit Industries (India) IPO allotment status
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Adroit Industries (India) Limited, the registrar is Bigshare Services Private Limited — allotment is finalised in the days between the issue closing on 25 Sept 2026 and listing on 30 Sept 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: Bigshare. Your bank will also show the blocked amount released if shares were not allotted.
Adroit Industries (India) DRHP & RHP FAQs
Where can I read the Adroit Industries (India) DRHP or RHP?
The offer document for the Adroit Industries (India) Limited IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.
What is a DRHP?
The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.
When was the Adroit Industries (India) DRHP filed, and what is its status with SEBI?
Adroit Industries (India) Limited filed its draft red herring prospectus on 30 March 2026; the exchange lists its status as "Approved". Issue dates and the price band are fixed later in the red herring prospectus, and this page is updated the day they are.
What are the strengths disclosed in the Adroit Industries (India) DRHP?
The company offers over 5,000 SKUs of torque-transmission components and assemblies. The company has vertically integrated manufacturing operations with end-to-end control. The company has established relationships with a diversified customer base and a high degree of repeat business. The page lists all 7 as disclosed.
What are the key risks disclosed in the Adroit Industries (India) DRHP?
A major portion of the company's revenue is derived from export sales, making it vulnerable to adverse developments in export markets. The company's revenue is significantly concentrated among a limited number of customers, posing a risk if business is reduced or terminated. The company's manufacturing operations are concentrated in Madhya Pradesh, India, making them susceptible to disruptions from localized events. The page lists all 7 disclosed risk factors.
Adroit Industries (India) IPO Registrar where allotment and refund queries go
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
How to Apply for the Adroit Industries (India) IPO ASBA and UPI, as SEBI sets them
- Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
- Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
- If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (25 Sept 2026).
- One application per PAN. A second application under the same PAN is rejected, and both may be.
- After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, Bigshare Services Private Limited, not to the exchange or the broker.
What is GMP in an IPO?
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹34 on a ₹134 upper band means the grey market is dealing at ₹168.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.