Adroit Industries India IPO subscribed 176.85 times
In short
Adroit Industries (India) closed its IPO with very strong demand. The issue was subscribed 176.85 times, with bids for 1,39,22,95,200 shares against 78,72,900 shares on offer.
This matters because heavy oversubscription can affect allotment chances and listing interest. The report does not say when the shares will list or what the final pricing outcome will be.
What the reporting says
The IPO of Adroit Industries (India) was subscribed 176.85 times, with bids for 1,39,22,95,200 shares against 78,72,900 shares on offer, according to the publisher summary. That level of oversubscription suggests very strong demand for the issue. The reporting does not say the final allotment outcome, listing date or pricing details.
Why it matters
Adroit Industries (India) saw its IPO subscribed 176.85 times, with bids for 1,39,22,95,200 shares versus 78,72,900 shares on offer, per the publisher summary. The size of the oversubscription points to strong investor appetite for the issue. The reporting does not provide the listing date, allotment process or post-issue performance.