Adroit Industries IPO
Market Sentiment
IPO Details
Day-wise Subscription (times subscribed)
Market Lot Size
IPO Reservation
Financial Analysis
Financial Data
Financial Performance
| 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 |
Peer Comparison
| 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 |
Strengths & Risks
- Heavily oversubscribed — 176.9x overall (final).
- Strong institutional (QIB) demand — 195.0x.
- Solid profit margin — 18.3%.
- Strong return on equity — 23%.
- Mostly fresh capital — proceeds fund the company's growth, not an exit.
Our data checks haven't flagged a specific concern for Adroit Industries — but that isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.
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
About Adroit Industries
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.
Company Contact Information
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
Objects of the Issue
| 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
Anchor Investors
Adroit Industries IPO - Quick Take
Adroit Industries has set a price band of Rs 126–Rs 134 per share for an issue size of Rs 151 crore. The stock listed with a 75.37% gain versus its issue price on September 30, 2026.
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).
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 is trading.
On our data-signal score, the combined signals for this issue currently read very strong — GMP, subscription demand and fundamentals are all reading positively. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Frequently Asked Questions
Adroit Industries IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. The summary at the top of this page compares the last pre-listing GMP with how the shares actually listed. Its last GMP before listing was 41%. Of the 23 Mainboard IPOs we have tracked with a final GMP of 25% or more, 23 listed above, 0 flat and 0 below the issue price; Adroit Industries listed 75.4% above its issue price.
See the full Adroit Industries GMP history and trend, or learn how grey market premium works and how reliable it is.
Related IPO
Same sector or same stage as Adroit Industries
No comments yet. Be the first to share your opinion!