Investors in the Adroit Industries IPO are likely to get the allotment status today, September 28, after the public issue received an overwhelming response. The IPO was subscribed 176.85 times overall, with investors now awaiting the basis of allotment ahead of the company's stock-market debut.
The Rs 150.71 crore Adroit Industries IPO was a book-built issue comprising a fresh issue of 98.97 lakh shares worth Rs 132.62 crore and an offer for sale (OFS) of 13.50 lakh shares aggregating to Rs 18.09 crore.