IPO

IPO Synopsis

Adroit Industries India Ltd
Registered Office: Gala No 02 Building No A-2 Gr,Print World Industrial Complex , Thane - 421302 , Maharashtra , India.
Phone : +91 91711 14099   Fax:
Email :  cs@adroitindustries.com  
Website :  www.adroitindustries.com
Initial public offering of up to 11,247,000 of Rs10 each ("Equity Shares") of Adroit Industries (India) Limited ("The Company" or the "Issuer") for cash at a price of Rs126-134 per equity share (including a securities premium of Rs116-124 per equity share) ("Offer Price") aggregating up to Rs141.71-150.71 Crores (the "Offer") comprising a fresh issue of up to 9,897,000 equity shares aggregating up to Rs124.7-132.62 Crores by the company (the "Fresh Issue") and an offer for sale of up to 1,350,000 equity shares aggregating up to Rs17.01-18.09 Crores by Mukesh Sangla HUF ("promoter group selling shareholder") ("offer for sale", and together with the fresh issue, the "Offer"). Price Band: Rs126 to Rs134 per equity share of face value of Rs10 each. The floor price is 12.6 times the face value of the equity shares and the cap price is 13.4 times the face value of the equity shares. Bids can be made for a minimum of 111 equity shares face value of Rs10 each and in multiples of 111 equity shares of face value of Rs10 each thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
23-Sep-26 25-Sep-26 Rs 126.00-134.00 Rs 0.00-0.00
Minimum Application for shares in Nos :111  Further Multiples of :111
  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Choice Capital Advisors Private Limited
Project Financed through Current Offer 141.71
Post Issue Equity Share Capital 44.81
Issue Price Rs 126.00
Projects
Funding capital expenditure by the company towards procurement of; i) machinery and equipment for enhancement of operations at Dewas Facility; ii) transportation vehicle for local transportation of goods between the Manufacturing Facilities Investment in th company 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 company Subsidiary
Investment in its Subsidiary, Adroit Driveshafts Pvt Ltd, in the form of equity, for funding capital expenditure towards procurement of; i) machinery & equipment ii) transportation vehicle for local transportation of goods General corporate purposes
Promoted By Listing At Registrar to the Issue
  Saurabh Sangla
  Mukesh Sangla
  Monika Sangla
 BSE
 NSE
 Bigshare Services Pvt Ltd
Friday, September 18, 2026 12:00:00 AM
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