Adroit Industries IPO Subscription Status
Final figures at close of bidding: 30 Sept 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| QIB | 195.04x |
| NII | 332.35x |
| sNII (₹2L–₹10L) | 305.09x |
| bNII (above ₹10L) | 345.97x |
| Retail (RII) | 99.81x |
| Total | 176.85x |
Bidding day 3
Day-wise subscription
| Day | QIB | sNII | bNII | Retail | Total |
|---|---|---|---|---|---|
| Day 1 | 0.05x | 10.48x | 5.7x | 7.29x | 5.22x |
| Day 2 | 1.82x | 36.54x | 22.55x | 23.45x | 18.08x |
| Day 3 | 195.04x | 305.09x | 345.97x | 99.81x | 176.85x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
Bidding in the Adroit Industries IPO ran across 3 recorded days: overall subscription stood at 5.22× at the close of day 1, read 18.08× at the end of day 2, and finished at 176.85× on day 3. On the final day it was non-institutional investors (NII) driving the book, at 332.35× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 3, when the overall multiple moved from 18.08× to 176.85×.
Category detail
Institutional demand closed at 195.04× of the QIB quota. Non-institutional investors came in at 332.35×, split 305.09× in the small-NII bucket (bids under ₹10 lakh) and 345.97× among big NIIs (above ₹10 lakh). Within the NII book, the bigger ₹10-lakh-plus bids outpaced the smaller applications. Retail investors put in bids for 99.81× the shares reserved for them. That puts non-institutional investors (NII) at the top of the book at 332.35× and retail investors at the bottom at 99.81×.
What the multiple means for allotment
A retail multiple of 99.81× means bids in the category outnumbered the shares set aside for it roughly 99.81 times over. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 111 shares — ₹14,874 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Adroit Industries IPO open and close?
- The Adroit Industries IPO opens on 23 Sept 2026 and closes on 25 Sept 2026.
- How many times was the Adroit Industries IPO subscribed?
- The Adroit Industries IPO was subscribed 176.85 times in total across all investor categories.
- What is the reservation split in the Adroit Industries IPO?
- Of the total shares offered, retail investors get 35%, QIBs 20% (plus 30% anchor), non-institutional investors 15%.