Adroit Industries (India) IPO Subscription Status
Adroit Industries (India) IPO was subscribed 176.85 times when bidding closed on 25 Sep 2026: QIB 195.04x, NII 332.35x, Retail 99.81x.
The Adroit Industries (India) IPO has been subscribed 176.85x times overall. Retail investors have shown interest with bids for 99.81x the shares available. The Non-Institutional Investor (NII) category has been subscribed 332.35x. Within NII, Big HNI (B-HNI) subscribed 345.97x and Small HNI (S-HNI) subscribed 305.09x. Qualified Institutional Buyers (QIBs) have subscribed 195.04x. Data last updated on 30 Sep, 06:30 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 23 Sep, 2026 and closes on 25 Sep, 2026. The shares are expected to list on stock exchanges on 30 Sep, 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | 43,87,19,397 of 22,49,400 138 applications 5,878.84 Cr | 195.04x |
| NII | 56,06,83,422 of 16,87,050 1,55,107 applications 7,513.16 Cr | 332.35x |
bHNI — bid amount above ₹10 Lakh |
38,91,15,939 50,528 applications 5,214.15 Cr | 345.97 |
sHNI — bid amount ₹2–10 Lakh |
17,15,67,483 1,04,579 applications 2,299.00 Cr | 305.09 |
| Retail | 39,28,92,381 of 39,36,450 29,10,849 applications 5,264.76 Cr | 99.81x |
| TOTAL | 1,39,22,95,200 30,66,094 applications 18,656.76 Cr | 176.85x |
Adroit Industries (India) IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹134.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| QIB 78.49x subscribed | 144 | 143 | 1 out of 11 out of 1 |
|
Ex. Anchor
Ex. Anchor
|
138 | 137 | 1 out of 11 out of 1 |
|
Anchor
Anchor Investors
|
6 | 6 | AllAll allotted |
| NII (HNI) 330.76x subscribed | 1,55,107 | 1,084 | 1 out of 1431 out of 143 |
|
bNII >₹10L
bNII — above ₹10 Lakh
|
50,528 | 723 | 1 out of 701 out of 70 |
|
sNII <₹10L
sNII — below ₹10 Lakh
|
1,04,579 | 361 | 1 out of 2901 out of 290 |
| Retail 97.45x subscribed | 29,10,849 | 35,463 | 1 out of 821 out of 82 |
| TOTAL 122.97x subscribed | 30,66,100 | 36,690 | 1 out of 841 out of 84 |
Adroit Industries (India) IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 100 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 195.04x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
25 Sep 2026
Day 3 |
176.85x | ▼ | |
|
QIB195.04x
BHNI345.97x
SHNI305.09x
Retail99.81x
|
|||
|
24 Sep 2026
Day 2 |
18.07x | ▼ | |
|
QIB1.82x
BHNI22.55x
SHNI36.51x
Retail23.43x
|
|||
|
23 Sep 2026
Day 1 |
5.18x | ▼ | |
|
QIB0.05x
BHNI5.66x
SHNI10.29x
Retail7.24x
|
|||
Adroit Industries (India) IPO dates
From the bidding window 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
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
| # | Anchor Investor | Group Entity | Amt (₹ cr.) | % Allocated | |
|---|---|---|---|---|---|
| 1 | ABAKKUS VENTURE OPPORTUNITIES FUND | ABAKKUS | ₹10.00 Cr | 22.12% | |
| 2 | CHHATTISGARH INVESTMENTS LTD. | CHHATTISGARH INVESTMENTS | ₹10.00 Cr | 22.12% | |
| 3 | VALOUR CAPITAL TRUST-I | VALOUR CAPITAL | ₹7.50 Cr | 16.59% | |
| 4 | COGNIZANT CAPITAL DYNAMIC OPPORTUNITIES FUND | COGNIZANT | ₹7.50 Cr | 16.59% | |
| 5 | AARTH AIF GROWTH FUND | AARTH | ₹5.21 Cr | 11.52% | |
| 6 | FORTUNE HANDS GROWTH FUND-FORTUNE HANDS GROWTH FUND SCHEME I | FORTUNE HANDS | ₹5.00 Cr | 11.06% | |
| TOTAL | ₹45.21 Cr | 100.00% |
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Adroit Industries (India) IPO?
As of IPO close date (25 Sep, 2026), the Adroit Industries (India) IPO is subscribed 176.85x times. Retail category is 99.81x, and NII is 332.35x subscribed.
When is the allotment date for Adroit Industries (India) IPO?
The allotment for Adroit Industries (India) IPO is expected to be finalized on 28 September, 2026.
What is the GMP of Adroit Industries (India)?
The Grey Market Premium (GMP) for Adroit Industries (India) is currently ₹55, indicating a potential listing gain of 41.04%.
When will Adroit Industries (India) IPO list on the stock market?
Adroit Industries (India) is scheduled to list on BSE and NSE on 30 September, 2026.
What are the chances of getting allotment in Adroit Industries (India) IPO?
The retail category is oversubscribed at 99.81x, meaning allotment is by lottery. Statistically, approximately 1 in 100 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 195.04x mean for Adroit Industries (India) IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 195.04x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Adroit Industries (India) IPO allotment status?
After the allotment date (28 Sep, 2026), you can check your Adroit Industries (India) IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Adroit Industries (India) IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
