Adroit Industries IPO Subscription
ListedUpdated 30 September 2026, 9:15 AM IST· Mainboard
Adroit Industries IPO subscription closed on 25 September 2026 at 176.85x overall by shares. QIB demand came in at 195.04x, NII at 332.35x, and retail at 99.81x. See Retail, SHNI, and BHNI allotment chances in the table…
Adroit Industries IPO subscription closed on 25 September 2026 at 176.85x overall by shares. QIB demand came in at 195.04x, NII at 332.35x, and retail at 99.81x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 28 September 2026. Listing date on NSE and BSE is 30 September 2026.
Adroit Industries IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 23 Sept 2026 | 0.05x | 7.30x | 7.29x | 5.22x |
| Day 2 - 24 Sept 2026 | 1.82x | 27.22x | 23.45x | 18.08x |
| Day 3 - 25 Sept 2026 | 195.04x | 332.35x | 99.81x | 176.85x |
Adroit Industries IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Adroit Industries IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 84.26x | 1 in 84 |
| SHNI (Rs 2L to Rs 10L) | 291.90x | 1 in 292 |
| BHNI (above Rs 10L) | 70.12x | 1 in 70 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Adroit Industries IPO Allotment Status page from 28 September 2026 for your result.
Adroit Industries IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 134.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 30.14 Cr | Rs 5,878.84 Cr | 195.04x |
| FII | - | Rs 599.73 Cr | - |
| DFI | - | Rs 2,304.15 Cr | - |
| Mutual Funds | - | Rs 107.04 Cr | - |
| Other | - | Rs 2,867.93 Cr | - |
| NII | Rs 22.61 Cr | Rs 7,513.16 Cr | 332.35x |
| bNII (above Rs 10L) | Rs 15.07 Cr | Rs 5,214.15 Cr | 345.97x |
| Corporate | - | Rs 68.29 Cr | - |
| Individual | - | Rs 5,006.94 Cr | - |
| Other | - | Rs 138.93 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 7.54 Cr | Rs 2,299.00 Cr | 305.09x |
| Corporate | - | Rs 8.02 Cr | - |
| Individual | - | Rs 2,235.31 Cr | - |
| Other | - | Rs 55.67 Cr | - |
| Retail | Rs 52.75 Cr | Rs 5,264.75 Cr | 99.81x |
| Cut-off price | - | Rs 4,689.52 Cr | - |
| Fixed price | - | Rs 575.23 Cr | - |
| Total | Rs 105.50 Cr | Rs 18,656.75 Cr | 176.85x |
Adroit Industries IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 22,49,400 | 672 | 0.00x |
| FII | - | 58 | - |
| DFI | - | 37 | - |
| Mutual Funds | - | 7 | - |
| Other | - | 570 | - |
| NII | 1,086 | 1,56,434 | 144.05x |
| bNII (above Rs 10L) | 724 | 50,767 | 70.12x |
| Corporate | - | 608 | - |
| Individual | - | 48,806 | - |
| Other | - | 1,353 | - |
| sNII (Rs 2L to Rs 10L) | 362 | 1,05,667 | 291.90x |
| Corporate | - | 323 | - |
| Individual | - | 1,02,757 | - |
| Other | - | 2,587 | - |
| Retail | 35,464 | 29,88,226 | 84.26x |
| Cut-off price | - | 26,41,906 | - |
| Fixed price | - | 3,46,320 | - |
| Total | 22,85,950 | 31,45,332 | 1.38x |
What Do These Subscription Numbers Mean?
176.85x overall by shares means bids covered about 177 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 195.04x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (144.05x by applications). Split: SHNI 291.90x, BHNI 70.12x by applications. SHNI and BHNI allotment is by lottery.
At 84.26x subscription by applications, about 1 in 84 retail applicants may get allotment (~1% chance per application). Retail allotment is also by lottery.
Adroit Industries IPO GMP After Subscription
GMP for Adroit Industries IPO stands at Rs 55.00 today, giving an estimated listing price of Rs 189.00 per share.
The GMP has moved up from Rs 37.00 on 18 Sept 2026 to Rs 55.00 on 30 Sept 2026.
A subscription of 176.85x combined with a GMP of 41.04% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Adroit Industries IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Adroit Industries IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 23 September 2026 |
| IPO Close Date | 25 September 2026 |
| Allotment Date | 28 September 2026 |
| Refund Initiation | 29 September 2026 |
| Share Credit to Demat | 29 September 2026 |
| Listing Date | 30 September 2026 |
| Minimum Investment | Rs 14,874.00 |
| Lot Size | 111 shares |
About Adroit Industries IPO
Incorporated in 1995 (originally established in 1966 as a partnership firm 'M/s Adroit Industries India'), Adroit Industries (India) Limited is a specialized manufacturer of propeller shafts (drive shafts/cardan shafts) and precision torque-transmission components used in automotive vehicles and industrial machinery. The company operates a fully integrated manufacturing infrastructure across three specialized facilities in Madhya Pradesh (Dewas, Pithampur, and Sanwer), managing the complete lifecycle from die-making, precision forging, and heat treatment to CNC machining, dynamic balancing, and assembly testing. Offering over 5,000 active SKUs to Tier-1 driveline component suppliers, OEMs, and aftermarket distributors, Adroit exports to more than 32 countries across North America, Europe, Latin America, and Asia-Pacific, with export sales generating over 95% of its product revenue.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Adroit Industries IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Adroit Industries IPO Details
Issue size, price, financials, and company info
Adroit Industries IPO GMP
Live grey market premium and listing estimate
Adroit Industries IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Adroit Industries IPO Allotment
Allotment date, chances, and check by PAN
Adroit Industries IPO Review
SWOT, strengths, risks, and IPO review
Adroit Industries IPO FAQ
Common questions on dates, GMP, and allotment
Adroit Industries IPO Registrar
Registrar website and how to check allotment
Adroit Industries IPO Timeline
Open, close, allotment, and listing dates
Adroit Industries IPO News
Updates, blogs, and latest IPO news
Adroit Industries IPO Subscription FAQs
What is Adroit Industries IPO subscription status today?
Adroit Industries IPO subscription closed on 25 September 2026 with overall subscription of 176.85x (by shares) as of 10 October 2026, 12:47 AM IST. QIB 195.04x, NII 144.05x, Retail 84.26x.
What is the overall subscription of Adroit Industries IPO?
Adroit Industries IPO is subscribed 176.85x overall by shares at close on 25 September 2026. QIB 195.04x, NII 144.05x, and Retail 84.26x.
What is Adroit Industries IPO QIB subscription?
Adroit Industries IPO QIB (Qualified Institutional Buyers) subscription is 195.04x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Adroit Industries IPO Retail subscription?
Adroit Industries IPO Retail subscription is 84.26x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Adroit Industries IPO NII, SHNI, and BHNI subscription?
Adroit Industries IPO NII subscription is 144.05x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 291.90x and BHNI (above Rs 10L) at 70.12x.
What are Adroit Industries IPO retail allotment chances?
At 84.26x subscription by applications, about 1 in 84 retail applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 99.81x. Allotment chances use applications, not share volume.
What are Adroit Industries IPO SHNI allotment chances?
At 291.90x subscription by applications, about 1 in 292 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 305.09x. Allotment chances use applications, not share volume.
What are Adroit Industries IPO BHNI allotment chances?
At 70.12x subscription by applications, about 1 in 70 BHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 345.97x. Allotment chances use applications, not share volume.
When is Adroit Industries IPO allotment date?
Adroit Industries IPO allotment date is 28 September 2026. Check Adroit Industries IPO Allotment Status on IPOwiz from that day using your PAN.
When does Adroit Industries IPO subscription close?
Adroit Industries IPO subscription closed on 25 September 2026. No new applications are accepted after the close.
What is Adroit Industries IPO GMP today?
Adroit Industries IPO GMP is ₹55 today (+41.04% over issue price ₹134). See live GMP on the Adroit Industries IPO GMP Today page.
What is Adroit Industries IPO issue price and lot size?
Adroit Industries IPO issue price is ₹134 per share. Lot size is 111 shares. Minimum investment is ₹14,874 per lot. Issue size: ₹150.71 Cr.
When is Adroit Industries IPO listing date?
Adroit Industries IPO listing date is 30 September 2026 on NSE and BSE. Allotment is on 28 September 2026.
How does subscription affect Adroit Industries IPO allotment?
In Adroit Industries IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 176.85x overall, competition is very high.
For allotment results from 28 September 2026, visit the Adroit Industries IPO Allotment Status page. For listing day updates on 30 September 2026, download the IPOwiz App.
Sources
We match Adroit Industries IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.