The Adroit Industries (India) Initial Public Offering (IPO) is poised to finalize its share allotment on Monday, September 28, 2026. Investors who participated in the Rs 151 crore issue, which was open for subscription from September 23 to September 25, 2026, can soon ascertain their application status.
The auto ancillary company's shares were offered in a price band of Rs 126-134 apiece, with a minimum bid of 111 shares. Following a robust subscription across all investor categories, attention now turns to the allotment process and the anticipated listing on the stock exchanges.
Adroit Industries IPO Allotment Status: Key Dates
Adroit Industries (India) garnered significant investor interest, raising Rs 151 crore through its public issue. The IPO received an overwhelming response, being subscribed 176.85 times overall, with over 31.47 lakh applications and bids totaling more than Rs 18,650 crore.
The basis of allotment is expected to be finalized on September 28, 2026. Refunds for non-allotted shares are anticipated to be processed by Tuesday, September 29, 2026. Successful bidders will see shares credited to their demat accounts by the same date. The equity shares of Adroit Industries (India) are scheduled to list on both the National Stock Exchange (NSE) and BSE Ltd on Wednesday, September 30, 2026.
How to Check Adroit Industries IPO Allotment Status
Applicants can verify their allotment status through the IPO's official registrar, Bigshare Services Pvt Ltd, or via the websites of BSE and NSE.
Check on Bigshare Services (Registrar)
- Visit the official web portal of Bigshare Services Pvt Ltd.
- From the dropdown menu, select 'Adroit Industries (India) IPO' once the allotment is finalized.
- Choose one of three modes to check: Application number/CAF No, Beneficiary ID, or PAN ID.
- Enter the required details corresponding to your chosen mode.
- Complete the security captcha accurately.
- Click 'Search' to view your allotment status.
Check on NSE
- Go to NSE's dedicated IPO allotment page.
- Select 'Equity & SME IPO Bid details'.
- Under 'Select Symbol', choose 'ADROITIND'.
- Input your PAN No. and Application No.
- Click 'Submit' to proceed and check your status.
Check on BSE
- Navigate to BSE's IPO allotment page.
- Under 'Issue Type', select 'Equity'.
- From the 'Issue Name' dropdown, choose 'Adroit Industries (India)'.
- Enter your application number.
- Add your PAN card ID.
- Check the 'I am not a Robot' box and click 'Search'.
Adroit Industries IPO Subscription Details and GMP
The IPO witnessed robust subscription figures across all categories. The Qualified Institutional Bidders (QIBs) portion was subscribed 195.04 times, while Non-Institutional Investors (NIIs) saw a subscription of 332.35 times. Retail investors' allocation was subscribed 99.81 times.
Following this strong demand, the Grey Market Premium (GMP) for Adroit Industries has shown a positive trend. The latest unofficial market data suggests a GMP of Rs 55-58 per share, indicating a potential listing gain of 41-43 percent for investors. Choice Capital Advisors served as the sole book running lead manager for the issue, with Bigshare Services as the registrar.