IPO Details

Adroit Industries India Ltd
Registered Office: Gala No.02 , Building No. A-2,,Bhiwandi-421302, Maharashtra
Tel. No: 91-22-30888062
Fax No: NA
Email: adroit@groupsignet.com
Website: www.adroitindustries.com
Initial public offering of up to 11,247,000 of Rs.10/- each ("equity shares") of Adroit Industries (India) Limited ("the company" or the "issuer") for cash at a price of Rs.[*] per equity share (including a securities premium of Rs.[*] per equity share) ("offer price") aggregating up to Rs.[*] crores (the "offer") comprising a fresh issue of up to 9,897,000 equity shares aggregating up to Rs.[*] crores by the company (the "fresh issue") and an offer for sale of up to 1,350,000 equity shares aggregating up to Rs.[*] crores by Mukesh Sangla HUF ("promoter group selling shareholder") ("offer for sale", and together with the fresh issue, the "offer"). The face value of the equity shares is Rs.10/- each and the offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

	Issue	Money Payable On
Opens On	Closes On	Application	Allotment
01-Jan-1970	01-Jan-1970	₹0.00 - 0.00	₹0.00 - 0.00

Minimum Application for shares in Nos : 0.0	Further Multiples of : 0.0

	(₹ Cr)	Lead Managers to the Issue
Project Cost	0.00	Choice Capital Advisors Private Limited
Project Financed through Current Offer	0.00
Post Issue Equity Share Capital	0.00
Issue Price	0.00

Projects
Funding capital expenditure by its Company towards procurement
Investment in our Subsidiary, Adroit Driveshafts Private Limited, in the form of debt or equity or a combination thereof, for funding capital expenditure towards procurement
Investment in our Subsidiary, Adroit Driveshafts Private Limited, in the form of debt or equity or a combination thereof, for re-payment or pre-payment, in full or in part, of certain borrowings availed by our Subsidiary
General corporate purposes

Promoted By
Saurabh Sangla
Mukesh Sangla
Monika Sangla

Listing At
BSE
NSE

Registrar To The Issue