Adroit Industries (India) IPO Details

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Adroit Industries (India) IPO Summary

Adroit Industries (India) Logo | Adroit Industries (India) IPO Details, Date, Price, GMP, Live Subscription

Adroit Industries (India) IPO DRHP (Draft Red Herring Prospectus) has been Filed With SEBI.

Adroit Industries (India) IPO total issue size comprises 1,12,47,000 shares . This includes a fresh issue of 98,97,000 shares . Offer for Sale consists of 13,50,000 shares . Pre-issue shareholding stands at 3,49,11,340, which will increase to 4,48,08,340 post-issue.

Adroit Industries (India) IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

The Lead Managers for Adroit Industries (India) IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Choice Capital Advisors Pvt Ltd . To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Adroit Industries (India) Limited DRHP.

Adroit Industries (India) IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
Shares
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Pre-issue Shareholding
3,49,11,340 shares
Post-issue Shareholding
4,48,08,340 shares
Total Issue Size
1,12,47,000 shares
Fresh Issue
98,97,000 shares
Offer for Sale
13,50,000 shares
DRHP Status
Filed With SEBI

Adroit Industries (India) IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Adroit Industries (India) IPO Reservation

Promoter Holding

Pre Issue:
51.30%
Post Issue:
-
Promoter Names:
The Promoters of the company, namely Saurabh Sangla, Mukesh Sangla, Monika Sangla, Shubhangi Trust, Shreya Trust, Swan Irrigation.

Adroit Industries (India) IPO Valuations

ROE18.97%
ROCE17.06%
Debt/Equity0.63
RoNW18.94%
PAT Margin13.55%
EBITDA Margin23.17%

Adroit Industries (India) Financial Information

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets205.69187.01199.39185.15
Total Income71.45136.61125.10104.49
Profit After Tax10.6418.1414.536.42
EBITDA15.2431.0229.6914.17
NET Worth114.96103.5387.8265.35
Reserves and Surplus97.5086.0770.3747.89
Total Borrowing5.118.3216.2930.44
Amount in ₹ Crore

About Adroit Industries (India) IPO

Adroit Industries (India) Limited, incorporated in 1966, is engaged in the manufacturing of propeller shafts and torque transmission components used in automotive and industrial applications. The company caters to a diverse range of industries, including commercial vehicles, defense, heavy equipment, and industrial machinery.

The company operates a fully integrated manufacturing setup, encompassing processes such as forging, machining, assembly, and testing. This end-to-end capability enables Adroit Industries to maintain stringent quality standards, enhance operational efficiency, and ensure timely delivery of products.

Adroit Industries offers a broad and diversified portfolio of over 5,000 products, supplying to distributors, large component manufacturers, and original equipment manufacturers (OEMs). Its products are widely used across multiple industrial and infrastructure segments, reflecting its strong engineering capabilities.

The company’s manufacturing facilities are located in Madhya Pradesh, India, and are equipped to support large-scale production requirements, enabling it to cater to both domestic and international demand.

Its customer base includes established companies such as Godrej & Boyce Manufacturing Company Limited, BEML Limited, VE Commercial Vehicles Limited, Sandvik Mining and Rock Technology India Private Limited, and Oilgear India Private Limited, among others, highlighting its strong presence in the industrial ecosystem.

Adroit Industries (India) Limited has a significant global footprint, exporting its products to over 25 countries across North America, Europe, the Asia-Pacific region, and other markets. The company has built long-term relationships with reputed customers, supporting consistent revenue generation and repeat business.

Strength Of Adroit Industries (India) IPO

To be announced

Risk Of Adroit Industries (India) IPO

To be announced

Objectives Adroit Industries (India) IPO

1. Funding capital expenditure by the 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

2. Investment in the 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

3. Investment in the 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 the Subsidiary

4. General Corporate Purposes

5. Total

Company Contact Details

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/

Registrar Contact Details

Name:
Bigshare Services Pvt Ltd
Phone:
+91-22-62638200

Adroit Industries (India) FAQs

The Adroit Industries (India) IPO is a MAINBOARD public issue comprising 11247000 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is shares.

The IPO opens for subscription on TBA, and closes on TBA.

Bigshare Services Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The Adroit Industries (India) IPO opens on TBA.

Adroit Industries (India) IPO lot size is , and the minimum amount required for application is ₹.

You may apply for the Adroit Industries (India) IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Adroit Industries (India) IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Adroit Industries (India) IPO allotment status for updates.

The listing date for the Adroit Industries (India) IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Adroit Industries (India) IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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