The Adroit Industries IPO entered its third and final day of bidding on Friday, September 25, with the issue attracting strong investor demand. The IPO has also been drawing attention in the grey market, with the latest Grey Market Premium (GMP) at 28%, up from 25% earlier, indicating expectations of a premium listing if the grey-market trend holds through the company’s market debut.

72 lakh shares on offer. 36 lakh shares reserved for retail investors.

09 crore. The IPO opened for subscription on September 23 and will close today, September 25, 2026.

The basis of allotment is expected to be finalised on September 28, while the company’s shares are scheduled to list on both the NSE and BSE on September 30, 2026. The company has fixed the IPO price band at Rs 126–Rs 134 per share.

Investors can bid for a minimum of 111 shares, constituting one lot. At the upper price band of Rs 134, a retail investor would need to invest Rs 14,874 for one lot.

Choice Capital Advisors Pvt. Ltd.

is the book-running lead manager for the issue, while Bigshare Services Pvt. Ltd.

is the registrar. 72 lakh shares available in the issue.

36 lakh shares reserved for the segment. 87 lakh shares earmarked for the category.

49 lakh shares reserved for institutional investors. Adroit Industries IPO GMP TodayIn the grey market, the Adroit Industries IPO GMP is currently reported at Rs 37, implying a premium of around 28% over the upper IPO price band of Rs 134.

Based on the prevailing GMP, the estimated listing price works out to around Rs 171 per share. The Grey Market Premium (GMP) is an unofficial and unregulated market indicator and does not guarantee the actual listing price.

GMP can fluctuate frequently depending on market sentiment, demand and other factors. The actual listing price may differ significantly from the GMP-based estimate.

Investors should therefore consider the company’s fundamentals, valuation and other relevant factors rather than relying on GMP alone. Read more: NSE becomes world's sixth largest bourse with $47 billion m-capShould you subscribe?

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