Adroit Industries (India) Limited

Total Issue Size

₹150.71 Cr

1,12,47,000 shares

Fresh Issue

₹132.62 Cr

98,97,000 shares

Offer for Sale

₹18.09 Cr

13,50,000 shares

Face Value

₹10 per share

Issue Type

Book-built IPO

Listing At

BSE, NSE

Shares Pre-Issue

3,49,11,340

Shares Post-Issue

4,48,08,340

1. Offer opens

   23 Sept 2026

2. Offer closes

   25 Sept 2026

3. Allotment

   28 Sept 2026

4. Listing

   30 Sept 2026

Subscription figures will appear here once bidding opens on 23 Sept 2026.

Incorporated in January 1995, Adroit Industries (India) Limited is a vertically integrated manufacturer and supplier of propeller shafts and torque-transmission components used in driveline systems. The Company offers a portfolio of over 5,000 SKUs comprising precision-machined torque-transmission components, complete propeller shaft assemblies and forged components. Its vertically integrated manufacturing capabilities cover forging, precision machining, heat treatment, assembly, balancing and testing, enabling end-to-end control over the production process. The Company supplies its products through distributors, Tier-1 driveline component suppliers and directly to OEMs, based on customer-specific technical requirements. Its products cater primarily to commercial vehicles, as well as SUVs, defence and emergency services, heavy equipment, off-highway machinery and industrial applications. The Company has a strong export presence, supplying products to customers across North America, Europe, Latin America, the Middle East, Africa and Asia-Pacific. During Fiscal 2026, it supplied products to customers across more than 32 countries. The Company is supported by its subsidiary, Adroit Driveshafts Private Limited, and together they had 367 permanent employees as of July 31, 2026. Competitive Strengths Portfolio of over 5,000 SKUs. Healthy financial performance. Diversified international customer base. Strong engineering and validation capabilities. Vertically integrated manufacturing operations. Experienced promoters and management team. Established customer relationships and repeat business.

• 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 Cr)
• 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 Cr)
• 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 Cr)
• General Corporate Purposes

• <p>Saurabh Sangla
• Mukesh Sangla
• Monika Sangla
• Shubhangi Trust
• Shreya Trust
• Swan Irrigation LLP</p>

Book running lead managers

• Choice Capital Advisors Pvt.Ltd.

Registered office

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

• DRHPDraft Red Herring Prospectus
• RHPRed Herring Prospectus