Adroit Industries (India) Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 78.49x | 5,623,500 | 441,407,706 | ₹75 Cr |
| NII (HNI) | 🔥 330.76x | 1,687,050 | 558,014,760 | ₹23 Cr |
| Retail | 97.45x | 3,936,450 | 383,588,694 | ₹53 Cr |
| Σ Total | 🔥 122.97x | 11,247,000 | 1,383,011,160 | ₹151 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 111 | ₹14,874 |
| Retail (Max) | 13 | 1,443 | ₹193,362 |
| S-HNI (Min) | 14 | 1,554 | ₹208,236 |
| B-HNI (Min) | 67 | 7,437 | ₹996,558 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 71 | 137 | 125 |
| EBITDA | 15 | 31 | 30 |
| Profit After Tax | 11 | 18 | 15 |
| Net Worth | 115 | 104 | 88 |
| Total Assets | 206 | 187 | 199 |
| Reserves & Surplus | 98 | 86 | 70 |
| Total Borrowing | 5 | 8 | 16 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 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 – 16.77
- 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 – 36.96
- 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 – 20.27
- General Corporate Purposes –
Company Overview
Adroit Industries (India) Ltd., incorporated in 1966, is a manufacturer of propeller shafts and torque-transmission components used in vehicles and industrial machinery.
The company has a fully integrated manufacturing setup, handling everything from forging and machining to assembly and testing, which helps maintain quality and efficiency.
The company offers over 5,000 products to distributors, large component manufacturers, and OEMs. These are mainly used in commercial vehicles, defense, heavy equipment, and industrial machinery.
Its manufacturing facilities are located in Madhya Pradesh, India, and are equipped to support large-scale production.
Its customer base includes well-known companies such as Godrej & Boyce Manufacturing Company Limited, BEML Limited, VE Commercial Vehicles Limited, Sandvik Mining and Rock Technology India Private Limited, Oilgear India Private Limited, and other industrial and infrastructure players.
Adroit has a strong international presence, exporting to over 25 countries across North America, Europe, the Asia-Pacific region, and other regions. It also maintains long-term relationships with reputed customers, supporting steady revenue and repeat business.
Competitive Strengths:
- A large and diversified product portfolio with over 5,000 SKUs
- Fully integrated manufacturing operations ensure quality control and cost efficiency
- Strong and long-standing relationships with a diversified customer base
- High entry barriers supported by technical expertise and validation capabilities
- Well-established export network across multiple international markets
- Experienced promoters and management team driving business growth