Adroit Industries (India) IPO GMP History
Adroit Industries (India) IPO has been listed on September 30, 2026 at a listing price of ₹235, against the issue price of ₹134 — a gain of ₹101 (+75.37%). The GMP peaked at ₹58 on 28 September 2026 and reached a low of ₹32 on 21 September 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Adroit Industries (India) IPO raised ₹150.71 Cr. through its IPO at a price band of ₹126 to ₹134 per share, with a lot size of 111 shares. The IPO was open for subscription from 23 Sep 2026 to 25 Sep 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 30 Sep, 6:30 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 30 Sep 2026 | ₹ 55 | — | 41.04% | — | ₹ 4600 |
| 29 Sep 2026 | ₹ 55 | ▼ | 41.04% | — | ₹ 4900 |
| 28 Sep 2026 | ₹ 58 | — | 43.28% | — | ₹ 4000 |
| 27 Sep 2026 | ₹ 58 | ▲ | 43.28% | — | ₹ 4000 |
| 26 Sep 2026 | ₹ 53.5 | ▲ | 39.93% | — | ₹ 4000 |
| 25 Sep 2026 | ₹ 47 | ▲ | 35.07% | — | ₹ 2.9 |
| 24 Sep 2026 | ₹ 37 | ▲ | 27.61% | — | ₹ 2.9 |
| 23 Sep 2026 | ₹ 34 | — | 25.37% | — | ₹ 3000 |
| 22 Sep 2026 | ₹ 34 | ▲ | 25.37% | — | ₹ 3500 |
| 21 Sep 2026 | ₹ 32 | — | 23.88% | — | ₹ 3500 |
| 20 Sep 2026 | ₹ 32 | ▼ | 23.88% | — | ₹ 3500 |
| 19 Sep 2026 | ₹ 35 | ▼ | 26.12% | — | ₹ 3500 |
| 18 Sep 2026 | ₹ 37 | — | 27.61% | — | — |
Adroit Industries (India) IPO dates
Key dates from opening to listing. Today is 9 November.
- Open 23 Sep 2026
- Close 25 Sep 2026
- Allotment 28 Sep 2026
- Refund/credit 29 Sep 2026
- Listing 30 Sep 2026
Adroit Industries (India) IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹134 |
|---|---|
| GMP-based estimate (pre-listing) | ₹189 (+41%) |
| Listing gain / loss | +₹101 per share |
| Listing date | 30 Sep, 2026 |
| Actual listing price | ₹235 (+75.37%) |
Is Adroit Industries (India) IPO GMP reliable?
Grey market premium for Adroit Industries (India) IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Adroit Industries (India) IPO full review for a fundamentals-based assessment before making any grey market trades.
Adroit Industries (India) IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Adroit Industries (India) IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was Retail: ₹4600, BHNI: ₹64400. Unlike Kostak, Subject to Sauda only applies if you receive allotment.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Adroit Industries (India) IPO
Adroit Industries (India) Ltd was incorporated in 1966. It manufactures propeller shafts and torque transmission components. A propeller shaft is the rotating tube that carries power from the gearbox to the wheels, so these parts sit in the drive line of a vehicle or in industrial machinery.
The company runs a fully integrated setup, handling forging, machining, assembly and testing in house. Doing all of it under one roof helps it control both quality and cost rather than depending on outside job workers for the critical steps.
It offers more than 5,000 products and sells to distributors, to large component manufacturers and directly to original equipment makers. Its parts go mainly into commercial vehicles, defence, heavy equipment and industrial machinery. Its manufacturing facilities are in Madhya Pradesh. Its customers include Godrej & Boyce Manufacturing, BEML, VE Commercial Vehicles, Sandvik Mining and Rock Technology India and Oilgear India. It exports to more than 25 countries across North America, Europe and the Asia Pacific region.
Frequently asked
What is the GMP of Adroit Industries (India) IPO?
The current Grey Market Premium (GMP) of Adroit Industries (India) IPO is ₹ 55.
What is the Kostak Price of Adroit Industries (India) IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Adroit Industries (India) IPO is not available.
What is the Subject to Sauda Price of Adroit Industries (India) IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is Retail: ₹4600, BHNI: ₹64400.
What was the actual listing price of Adroit Industries (India) IPO?
Adroit Industries (India) IPO listed on September 30, 2026 at ₹235, against the issue price of ₹134 — a gain of +75.37%.
How did the GMP of Adroit Industries (India) IPO trend before listing?
The GMP of Adroit Industries (India) IPO was stable in its final days before listing. The GMP peaked at ₹58 on 28 September 2026. View the day-wise table above for the complete GMP history.
Explore Adroit Industries (India) IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
