Adroit Industries IPO Subscription Status Day 1: Issue Subscribed 5.12 Times

Authored By HDFC SKY | Published at: Sep 23, 2026 06:03 PM IST

Adroit Industries IPO Day 1 subscription stood at 5.12x as of 4:54:38 PM on September 23, 2026, with retail at 7.16x, NII at 7.11x and QIB at 0.05x.

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Mumbai, September 23: Adroit Industries IPO opened for subscription on September 23, 2026, and will close on September 25, 2026. The book-built public issue comprises a fresh issue of 98,97,000 shares aggregating up to ₹132.62 crore and an offer for sale of 13,50,000 shares aggregating up to ₹18.09 crore. The price band is fixed at ₹126 to ₹134 per share, while the lot size is 111 shares.

Adroit Industries IPO Day 1 Subscription Status

The Day 1 subscription data was recorded at 4:54:38 PM on September 23, 2026. The overall public issue subscription and category-wise figures are shown below.

Category	Subscription
QIB (Ex Anchor)	0.05x
NII	7.11x
Individual Investors	7.16x
Total	5.12x

The anchor investor portion is excluded from the total public subscription calculation.

Category-wise Adroit Industries IPO Subscription Status

The IPO comprises 1,12,47,000 shares in total. Of this, 56,23,500 shares are reserved for QIBs, 16,87,050 shares for NIIs and 39,36,450 shares for retail investors. The QIB allocation includes 33,74,100 shares allotted to anchor investors and 22,49,400 shares for QIBs excluding the anchor portion.

Investor Category	Shares Offered	Shares Bid For	Total Amount (₹ Cr)	Subscription
Anchor	33,74,100	33,74,100	45.213	1.00x
QIB (Ex Anchor)	22,49,400	1,06,116	1.422	0.05x
NII	16,87,050	1,19,99,433	160.792	7.11x
NII (> ₹10L)	11,24,700	63,25,002	84.755	5.62x
NII (< ₹10L)	5,62,350	56,74,431	76.037	10.09x
Individual Investors	39,36,450	2,81,86,785	377.703	7.16x
Total Public Issue	78,72,900	4,02,92,334	539.917	5.12x

The subscription table excludes the anchor investor portion from the total public issue calculation. The issue had received 2,07,441 applications at the time of the Day 1 update.

Adroit Industries Day-Wise Subscription Summary

The issue opened for bidding on September 23, 2026. The latest subscription data was recorded at 4:54:38 PM on the opening day.

Date	QIB (Ex Anchor)	NII	NII (> ₹10L)	NII (< ₹10L)	Individual Investors	Total
September 23, 2026 (Day 1)	0.05x	7.11x	5.62x	10.09x	7.16x	5.12x

Adroit Industries IPO Timeline

IPO Milestone	Date
Issue Open Date	September 23, 2026
Issue Close Date	September 25, 2026
Basis of Allotment Date	September 28, 2026
Initiation of Refunds	September 29, 2026
Credit of Shares	September 29, 2026
Listing Date	September 30, 2026

Brief Overview Of The IPO

Adroit Industries is raising ₹150.71 crore through a combination of a fresh issue and an offer for sale. The fresh issue comprises 98,97,000 equity shares aggregating up to ₹132.62 crore, while the OFS consists of 13,50,000 shares aggregating up to ₹18.09 crore. The book-built IPO has a price band of ₹126 to ₹134 per share and a face value of ₹10 per share. The lot size is 111 shares. The minimum application for retail investors is one lot, comprising 111 shares, requiring ₹14,874 at the upper end of the price band.

Adroit Industries is a vertically integrated manufacturer and supplier of propeller shafts and related torque-transmission components used in driveline systems. Its manufacturing capabilities cover forging, precision machining, heat treatment, assembly, balancing and testing, with its product portfolio comprising propeller shaft assemblies and related driveline components. The IPO is scheduled to list on the BSE and NSE platforms on September 30, 2026. Choice Capital Advisors Pvt. Ltd. is the book running lead manager, while Bigshare Services Pvt. Ltd. is the registrar to the issue.

Source:

https://www.nseindia.com/market-data/issue-information?symbol=ADROITIND&series=EQ&type=Active

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