Adroit Industries (India) IPO Subscription Status Day 3: Overall Subscription Reaches 176.85x
Varda Khade
- 0 min read
Last Updated: 28th September 2026 - 02:57 pm
Adroit Industries (India) IPO subscription reached 176.85 times on Day 3, as of 7:54 PM on September 25, 2026. The public issue received bids for 1,39,22,95,200 shares against 78,72,900 shares available for subscription, excluding the anchor portion.
The NII category recorded the highest subscription at 332.35 times, followed by QIBs, excluding anchor investors, at 195.04 times. The Retail portion was subscribed 99.81 times.
Invest in Indian Markets and Unlock Future Potential With 5paisa!Subscription Status of Adroit Industries IPO
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 (September 23) | 0.05 | 7.30 | 7.29 | 5.22 |
| Day 2 (September 24) | 1.79 | 25.55 | 22.61 | 17.29 |
| Day 3 (September 25) | 195.05 | 332.35 | 99.81 | 176.85 |
Here are the subscription details for Adroit Industries IPO Day 3, as of 4:29 PM:
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total |
|---|---|---|---|---|
| Anchor | 1 | 33,74,100 | 33,74,100 | 45.21 |
| QIB | 195.05 | 22,49,400 | 43,87,19,397 | 5,878.84 |
| NII | 332.35 | 16,87,050 | 56,06,83,422 | 7,513.16 |
| Retail | 99.81 | 39,36,450 | 39,28,92,381 | 5,264.76 |
| Total | 176.85 | 78,72,900 |
1,39,22,95,200 |
18,656.76 |
Key Highlights – Day 3
- Adroit Industries (India) IPO closed at 176.85 times subscription, up from 18.08 times at the end of Day 2.
- NIIs led the final demand at 332.35 times. Within the category, bNII subscription reached 345.97 times and sNII subscription reached 305.09 times.
- QIB subscription, excluding anchor investors, rose to 195.04 times, while the Retail portion closed at 99.81 times.
Key Highlights – Day 2
- The NII category was subscribed 25.55 times, receiving bids for 4,30,97,193 shares against 16,87,050 shares available.
- The Retail portion was subscribed 22.61 times, with bids for 8,90,03,019 shares against 39,36,450 shares on offer.
- The QIB portion, excluding anchor investors, was subscribed 1.79 times, receiving bids for 40,26,858 shares against 22,49,400 shares available.
Key Highlights – Day 1
- Overall subscription stood at 5.22x.
- NII portion was subscribed 7.30x.
- Retail portion was subscribed 7.29x.
- QIB portion was subscribed 0.05x.
- The IPO received bids for approximately 4.11 crore shares against 78.73 lakh shares on offer
About Adroit Industries
Adroit Industries (India) Limited is engaged in manufacturing automotive components, with a primary focus on drivetrain products used across different vehicle categories.
The company manufactures a range of automotive components, including propeller shafts, universal joints and other related drivetrain components. Its products cater to passenger vehicles, commercial vehicles, tractors and other automotive applications.
Adroit Industries supplies its products to original equipment manufacturers (OEMs) and customers in the replacement market. The company also serves international markets through its export operations.
- FREE IPO Application
- Apply with Ease
- Pre-Apply for IPOs
- UPI Bid Instantly
Trending on 5paisa
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.