Adroit Industries IPO allotment due today after 176.85x subscription
In short
Adroit Industries’ IPO allotment is expected today, September 28. The issue was subscribed 176.85 times, and the ₹150.71 crore offering has a grey market premium of ₹37, which points to about a 28% gain over the ₹126-₹134 price band.
The shares are set to list on September 30. That means investors are watching for the final listing price, but the actual debut is still not known.
What the reporting says
Adroit Industries IPO allotment is expected today, September 28, after the issue drew 176.85x subscription, according to publisher-supplied market summaries. The ₹150.71 crore issue carries a grey market premium of ₹37, which signals a 28% listing gain over the ₹126-₹134 price band. Listing is scheduled for September 30, while the final listing performance is still unknown.
Why it matters
Adroit Industries’ IPO is at the allotment stage today, September 28, after strong demand of 176.85 times subscription, according to publisher summaries. The issue size is ₹150.71 crore and the grey market premium is ₹37, implying a possible 28% gain over the ₹126-₹134 band. Listing is due on September 30, but the actual opening performance remains unknown.