23 Sep 2026 | 5 Mins Read
Adroit Industries IPO fully booked in 2 hours; GMP soaring at 20% premium
Flipitmoney
Adroit Industries (India) launched its Rs 150.7 crore IPO on September 23, which was fully subscribed within two hours, receiving 1.5 times subscription overall and 2.28 times in the retail category. The IPO, priced at Rs 126-134 per share, saw strong demand and a 20% grey market premium. Proceeds will fund machinery, transportation, and debt repayment.