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Adroit Industries India Ltd

Adroit Industries India Ltd

    Registered Office : Gala No.02 , Building No. A-2,,Bhiwandi Maharashtra 421302 Phone : 91-22-30888062
    Fax :

    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

Opens On

Closes On

01-Jan-1970

01-Jan-1970

Money Payable On

Application

Allotment

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 (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

0.00

0.00

0.00

Choice Capital Advisors Private Limited

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
  • Bigshare Services Pvt Ltd