Adroit Industries (India) IPO
Issue details, the company's financials from its prospectus, subscription and listing performance, explained in plain English. Data from NSE and the Red Herring Prospectus.
About the issue
Adroit Industries (India) Limited was open for subscription from 23 Sep 2026 to 25 Sep 2026 on the main board of NSE, in the auto components & equipments industry as classified by NSE. The issue size is ₹18.09 cr. One lot of 111 shares costs ₹14,874 at the upper end of the price band.
What the numbers show
- Revenue from operations grew from ₹124.5 cr in FY24 to ₹139.9 cr in FY26, about 6% a year.
- Profit after tax rose from ₹14.53 cr to ₹26.16 cr, and the profit margin improved from 11.7% to 18.7%.
- Total borrowings fell from ₹81.85 cr to ₹52.40 cr, a debt-to-equity ratio of 0.41 at the end of FY26.
- The entire issue is an offer for sale: the money goes to the selling shareholders, and the company raises nothing.
- The issue was subscribed 177× overall (QIBs 195×, non-institutional investors 332×, retail investors 99.81×).
- It listed on 30 Sep 2026 at ₹235, 75.4% above the issue price of ₹134, and closed its first day at ₹248.39.
These points are calculated from the prospectus and NSE data. They describe the company; they are not a recommendation to apply or not.
Financial performance
| ₹ crore unless stated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue from operations | 124.5 | 133.9 | 139.9 |
| Total income | 125.1 | 136.6 | 143.0 |
| EBITDA | 29.69 | 31.02 | 38.71 |
| Profit after tax | 14.53 | 18.14 | 26.16 |
| Profit margin | 11.7% | 13.6% | 18.7% |
| Net worth | 87.82 | 103.5 | 128.6 |
| Total borrowings | 81.85 | 64.78 | 52.40 |
| Debt to equity | 0.93 | 0.63 | 0.41 |
| NAV per share | ₹25.16 | ₹29.65 | ₹36.84 |
Valuation at the issue price
| Measure | Value | How it is calculated |
|---|---|---|
| Market capitalisation | ₹467.8 cr | Shares after the issue × ₹134 |
| P/E (pre-issue EPS) | 17.9× | ₹134 ÷ earnings per share of the latest full year, before the new shares |
| P/E (post-issue) | 17.9× | Market capitalisation ÷ latest full-year profit after tax |
| Price to book | 3.64× | ₹134 ÷ book value per share (latest net worth ÷ shares before the issue) |
Subscription
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| Qualified Institutional Buyers(QIBs) | 22,49,400 | 43,87,19,397 | 195× |
| Non Institutional Investors | 16,87,050 | 56,06,83,422 | 332× |
| Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 11,24,700 | 38,91,15,939 | 346× |
| Non Institutional Investors(Bid amount of more than Two Lakh Rupees upto Ten Lakh Rupees) | 5,62,350 | 17,15,67,483 | 305× |
| Retail Individual Investors(RIIs) | 39,36,450 | 39,28,92,381 | 99.81× |
| Total | 78,72,900 | 1,39,22,95,200 | 177× |
Listing and performance
| Price | Change from issue price | |
|---|---|---|
| Issue price | ₹134 | – |
| Listing day open (30 Sep 2026) | ₹235 | +75.4% |
| Listing day high / low | ₹248.39 / ₹235 | – |
| Listing day close | ₹248.39 | +85.4% |
| Latest close (8 Oct 2026) | ₹212.45 | +58.5% |
| NIFTY 50 since listing day | −1.7% |
Frequently asked questions
What is the price band of the Adroit Industries (India) IPO?
The price band is ₹126–134 per share, for shares with a face value of ₹10. The final issue price was ₹134.
What is the lot size and minimum investment?
Bids are made in lots of 111 shares, so one lot costs ₹14,874 at the upper end of the price band.
When does the Adroit Industries (India) IPO open and close?
Bidding opened on 23 Sep 2026 and closed on 25 Sep 2026. The shares listed on NSE on 30 Sep 2026.
How many times was the Adroit Industries (India) IPO subscribed?
It was subscribed 177× overall, according to NSE bid data.
Where can I check the allotment status?
The registrar to the issue is Bigshare Services Private Limited. Allotment status can be checked on the registrar's website with your PAN or application number, and on the NSE and BSE websites, usually a day or two after the issue closes.
What was the listing gain of the Adroit Industries (India) IPO?
It opened at ₹235 on 30 Sep 2026, 75.4% above the issue price of ₹134.
Is this a recommendation to apply?
No. This page summarises public information so you can read the prospectus with the key numbers in mind. Whether to apply depends on your own goals and risk tolerance; consider speaking to a SEBI-registered investment adviser.
Data: NSE (issue details, bids, prices) and the company's Red Herring Prospectus filed with SEBI. Figures are reproduced and converted with care but may contain errors; check the prospectus before making any decision. This page is for information and education only. It is not a recommendation to apply for, buy or sell any security. See our disclaimer.