Adroit Industries IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Return Estimator (GMP*)
Financial Analysis
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 125.10 | 136.61 | 143.04 |
| Expense | 107.14 | 113.79 | 110.14 |
| Profit (PAT) | 14.53 | 18.14 | 26.16 |
| Total Assets | 199.39 | 187.01 | 212.74 |
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Hindustan Hardy Ltd | 55.92 | 12.98 | 25.00 | 250.24 | 108.79 Cr |
| Talbros Engineering Ltd | 57.34 | 10.70 | 17.32 | 359.20 | 535.74 Cr |
| GNA Axles Ltd | 27.24 | 20.85 | 12.28 | 233.89 | 1,478.42 Cr |
Promoters: Saurabh Sangla, Mukesh Sangla, Monika Sangla, Shubhangi Trust, Shreya Trust and Swan Irrigation
Strengths & Risks
- Strong grey-market premium — +24% over the issue price.
- Solid profit margin — 18.3%.
- Strong return on equity — 23%.
- Mostly fresh capital — proceeds fund the company's growth, not an exit.
Risk signals for Adroit Industries will appear here as subscription, valuation and GMP data arrive. Always read the company-specific risk factors in the RHP before you apply.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Since its incorporation in January 1995, Adroit Industries has been a leading manufacturer and supplier of propeller shafts and torque-transmission components. Its product portfolio consists of over 5000 products, which includes precision-machined torque-transmission components, complete propeller shaft assemblies, and forged components. Its product range caters to a diverse range of industries such as commercial vehicles, SUVs, defence and emergency services, heavy equipment, off-highway machinery, and industrial applications. Adroit Industries’ manufacturing facility combines advanced forging capabilities, specialized precision machining, heat treatment procedures, final assembly, dynamic balancing, and quality testing, offering end-to-end production capabilities. Furthermore, the firm exports its products to customers across North America, Europe, Latin America, the Middle East, Africa, and Asia-Pacific.
Adroit Industries (India) Ltd., 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
| Purpose | Amount (Cr) |
|---|---|
| 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 | 19.91 |
| 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 | 43.96 |
| 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 | 24.12 |
| General Corporate Purposes | - |
Resources & Documents
Adroit Industries has set a price band of Rs 126–Rs 134 per share for an issue size of Rs 151 crore. The Mainboard issue is scheduled to open for subscription tomorrow, September 23, 2026.
Since its incorporation in January 1995, Adroit Industries has been a leading manufacturer and supplier of propeller shafts and torque-transmission components. Its product portfolio consists of over 5000 products, which includes precision-machined torque-transmission components, complete propeller shaft assemblies, and forged components.
The issue is promoted by Saurabh Sangla, Mukesh Sangla, Monika Sangla, Shubhangi Trust, Shreya Trust and Swan Irrigation with Choice Capital Advisors Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards Funding capital expenditure by the Company towards procurement of; (i) machinery and equipment for enhancement of operat… (Rs 20 crore) and Investment in the Subsidiary, Adroit Driveshafts Private Limited, in the form of debt or equity or a combination thereof… (Rs 44 crore).
Grey market is quoting a premium of +Rs 32 (+23.9% over issue price).
On fundamentals, the company is posting revenue growth of 4.7%, a profit margin of 18.3%, return on equity of 22.5% in its most recent reported period. Listed peers in this segment include Hindustan Hardy Ltd (P/E 12.98x) and Talbros Engineering Ltd (P/E 10.70x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
Our data-driven engine currently flags this issue as a Subscribe call — the composite picture tilts favourable, though not without some caveats. All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Adroit Industries IPO GMP — What It Means
The latest grey market premium for Adroit Industries IPO is ₹32 (+23.9%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Adroit Industries it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full Adroit Industries GMP history and trend, or learn how grey market premium works and how reliable it is.
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