Adroit Industries IPO Listing: Shares List At Over 86% Premium On BSE
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Adroit Industries’ shares are listed at a premium of over 86% to the issue price on BSE. The issue was oversubscribed by 176.85 times overall and 99.81 times in the retail category.
Shares of Adroit Industries began trading on the domestic stock exchanges on a strong note. The stock opened at ₹250 apiece on the Bombay Stock Exchange (BSE), a premium of 86.57%. On the National Stock Exchange (NSE), it opened at ₹235 apiece, translating into a premium of 75.37%. The issue price was ₹134 per share.
Adroit Industries IPO And Subscription Details
The ₹150.71-crore Adroit Industries initial public offering (IPO) opened for subscription on 23 September 2026 and closed on 25 September. The mainboard IPO received an overwhelming response from investors, with the overall subscription reaching 176.85 times.
The non-institutional investor (NII) quota received the maximum subscription, with the reserved portion getting subscribed by over 332.35 times. The qualified institutional buyer (QIB) category was subscribed by 195.04 times, whereas the retail portion was subscribed by 99.81 times.
The IPO comprised a fresh issue of 98.97 lakh equity shares worth ₹132.62 crore and an offer for sale (OFS) of 13.50 lakh shares worth ₹18.09 crore.
About Adroit Industries Ltd
Adroit Industries Limited is a vertically integrated company that manufactures and supplies propeller shafts and torque-transmission components for driveline systems. The company’s primary client base includes commercial vehicle manufacturers. The company’s products are also used in defence, emergency services, off-highway machinery, and heavy equipment manufacturing. As of 31 July 2026, Adroit Industries and its subsidiary (Adroit Driveshafts Pvt. Ltd.) had 367 permanent employees.
Also Read - Swastika Infra IPO Listing: Shares List At A Premium Of Over 8%
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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