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Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Capital expenditure for Dewas plant expansion and equipment
Funding capital expenditure to procure plant machinery, specialized tooling, and operational transport vehicles at the Dewas manufacturing facility.
Investment in Pithampur subsidiary facility
Providing capital to wholly-owned subsidiary Adroit Driveshafts Private Limited for machinery acquisition and facility expansion at Pithampur.
Debt repayment for subsidiary
Allocating funds to subsidiary Adroit Driveshafts Private Limited for partial or full repayment of outstanding debt facilities.
General corporate purposes
Funding strategic corporate initiatives, working capital needs, and routine operational requirements.
(₹ in Crore)
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Established in 1966, Adroit Industries (India) Limited is a specialized engineering enterprise engaged in the design, development, and manufacturing of customized propeller shafts, drive shafts, and precision torque-transmission components. The company caters to diverse automotive and industrial sectors, providing critical power transmission assemblies for commercial vehicles, off-highway machinery, agricultural equipment, defense vehicles, and specialized industrial applications. The company operates integrated manufacturing facilities in Dewas and Pithampur, Madhya Pradesh. Its production infrastructure encompasses end-to-end operational capabilities, including forging, precision machining, specialized heat treatment, dynamic balancing, assembly, and rigorous quality testing. These fully integrated plants enable the company to comply with strict original equipment manufacturer (OEM) technical standards and global specifications. Adroit Industries maintains a diversified commercial presence across domestic and international markets, supplying products to prominent OEMs and Tier-1 driveline system integrators. The company continues to strengthen its manufacturing capacity and product offerings both directly and through its wholly-owned subsidiary, Adroit Driveshafts Private Limited.
Adroit Industries (India) Limited raised Rs 45.21 crore from anchor investors on September 22, 2026. The company allocated 33,74,100 equity shares at Rs 134 per share to 6 institutional investors, including Abakkus Venture Opportunities Fund, Chhattisgarh Investments Limited, Valour Capital Trust-I, Cognizant Capital Dynamic Opportunities Fund, Aarth AIF Growth Fund, and Fortune Hands Growth Fund.
Source: RHP • Analysis provided for informational purposes
Last Updated: 30 September 2026, 3:18 PM
Integrated Manufacturing Infrastructure
Operates complete end-to-end production facilities across Dewas and Pithampur covering forging, machining, heat treatment, and dynamic testing.
Diverse SKU Portfolio and Overseas Footprint
Supplies thousands of drive shaft and transmission component SKUs to commercial vehicle, agricultural, and industrial OEMs globally.
Longstanding OEM Relationships
Maintains established supplier ties with premier domestic and international vehicle manufacturers and driveline integrators.
Significant Overseas Revenue Concentration
Derives a major share of total revenue from export markets, creating vulnerability to foreign economic slowdowns and currency fluctuations.
Dependence on Top Client Accounts
Relies heavily on key customer accounts for a large portion of sales, so any loss or reduction of orders could impact margins.
Geographical Concentration of Plants
Manufacturing activities are concentrated in Madhya Pradesh, exposing operations to regional industrial and logistical disruptions.
Adroit Industries (India) Limited
Gala No. 02, Building No. A-2, Ground Floor, Print World Industrial Complex, Survey No. 15/1, Mankoli Road, Vehele, Bhiwandi, Thane - 421302, Maharashtra, India
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