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Adroit Industries IPO IPO

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Listing
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Issue Size
1,12,47,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets205.69187.01199.39185.15
Total Income71.45136.61125.10104.49
Profit After Tax10.6418.1414.536.42
EBITDA15.2431.0229.6914.17
NET Worth114.96103.5387.8265.35
Reserves and Surplus97.5086.0770.3747.89
Total Borrowing5.118.3216.2930.44
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Omnitech Engineering Ltd.Mainboard₹583.00 Cr₹22754.47₹204.93-9.72%₹612.00 (+3.07%)
Epack Prefab Technologies Ltd.Mainboard₹504.00 Cr₹20429.49₹190.66-6.54%₹251.92 (+3.70%)
Aditya Infotech Ltd.Mainboard₹1,300.00 Cr₹67521.09₹1,082.65+60.39%₹3,543.40 (-2.20%)
Merritronix Ltd.SME₹70.03 Cr₹14911.83₹297.25+99.50%₹365.65 (+1.99%)
Adisoft Technologies Ltd.SME₹74.10 Cr₹17212.82₹215.25+25.15%₹183.50 (+1.94%)
Highness Microelectronics Ltd.SME₹21.67 Cr₹12016.7₹129.75+8.12%₹174.50 (+3.25%)
Tipco Engineering India Ltd.SME₹60.55 Cr₹898.73₹84.79-4.73%₹180.05 (-2.20%)
Gabion Technologies India Ltd.SME₹29.16 Cr₹8112.18₹93.41+15.32%₹83.50 (+0.07%)
Admach Systems Ltd.SME₹42.60 Cr₹23919.56₹200.75-16.00%₹386.65 (-5.00%)
Apollo Techno Industries Ltd.SME₹47.96 Cr₹1309.43₹151.95+16.88%₹83.70 (-0.04%)
HRS Aluglaze Ltd.SME₹50.92 Cr₹9626.07₹132.30+37.81%₹248.90 (-0.42%)
Purple Wave Infocom Ltd.SME₹31.45 Cr₹1269.33₹130.50+3.57%₹129.80 (+2.08%)
Shining Tools Ltd.SME₹17.10 Cr₹11416.18₹98.80-13.33%₹74.00 (-1.73%)
True Colors Ltd.SME₹127.96 Cr₹19114.66₹183.05-4.16%₹155.25 (-1.74%)
L.T.Elevator Ltd.SME₹39.37 Cr₹7812.31₹142.90+83.21%₹250.00 (-0.46%)
Airfloa Rail Technology Ltd.SME₹91.10 Cr₹1409.57₹279.30+99.50%₹330.15 (-0.05%)
Taurian MPS Ltd.SME₹42.53 Cr₹17111.29₹220.50+28.95%₹376.00 (+8.33%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding capital expenditure by the Company towards procurement of; (i) machinery and equipment for enhancement of operations at Dewas Facility; and (ii) transportation vehicle for local transportation of goods between the Manufacturing Facilities16.77
2Investment in the Subsidiary, Adroit Driveshafts Private Limited, in the form of debt or equity or a combination thereof, for funding capital expenditure towards procurement of; (i) machinery and equipment for enhancement of operations at Pithampur Facility; and (ii) transportation vehicle for local transportation of goods between the Manufacturing Facilities36.96
3Investment in the Subsidiary, Adroit Driveshafts Private Limited, in the form of debt or equity or a combination thereof, for re-payment or pre-payment, in full or in part, of certain borrowings availed by the Subsidiary20.27
4General Corporate Purposes
Total74.00

About Adroit Industries IPO

Adroit Industries (India) Ltd., incorporated in 1966, is a manufacturer of propeller shafts and torque-transmission components used in vehicles and industrial machinery. The company has a fully integrated manufacturing setup, handling everything from forging and machining to assembly and testing, which helps maintain quality and efficiency. The company offers over 5,000 products to distributors, large component manufacturers, and OEMs. These are mainly used in commercial vehicles, defense, heavy equipment, and industrial machinery. Its manufacturing facilities are located in Madhya Pradesh, India, and are equipped to support large-scale production. Its customer base includes well-known companies such as Godrej & Boyce Manufacturing Company Limited, BEML Limited, VE Commercial Vehicles Limited, Sandvik Mining and Rock Technology India Private Limited, Oilgear India Private Limited, and other industrial and infrastructure players. Adroit has a strong international presence, exporting to over 25 countries across North America, Europe, the Asia-Pacific region, and other regions. It also maintains long-term relationships with reputed customers, supporting steady revenue and repeat busin

Contact Details

Adroit Industries (India) Ltd. AddressGala No. 02, Building No. A-2, Gr. FloorPrint World Industrial Complex, Survey No. 15/1,Mankoli Road, Vehele, Shastrinagar, BhiwandiThane, Maharashtra, 421302+91 91711 14099cs@adroitindustries.comVisit Website