Adroit Industries IPO: Price Band, Risks, And Should You Apply For Listing Gains?

Let's analyze the Adroit Industries IPO, an auto ancillary player aiming to raise ₹151 crore. The company has set its price band at ₹126 to ₹134 per share, requiring a minimum lot size of 111 equity shares. While this is a small-cap issue offering a relatively low entry point, market experts remain divided. Most brokerages have assigned it a neutral rating due to its heavy revenue dependence on exports and ongoing geopolitical headwinds. If you have a high-risk appetite, this IPO might offer short-term listing gains. However, conservative investors may want to wait for a few quarterly results before committing long-term. Watch the complete reel to weigh these risks and make a smart investment decision!