Adroit Industries IPO subscribed 177 times; Swastika Infra, Elevate Campuses, ArMee Infotech gets full subscription
AI Summary
The overwhelming subscription rates for Adroit Industries and other IPOs indicate strong investor confidence in the market, particularly in sectors like manufacturing and education. Retail investors, in particular, showed significant interest, especially in Adroit's offering, which could signal a trend towards favoring companies with solid operational capabilities. This trend may encourage more companies to consider going public, potentially leading to a more vibrant IPO market in India in the coming months.
Adroit Industries' initial public offering received nearly 177 times subscription on the final day, as four public offers concluded successfully on Friday..
Three other IPOs concluded with oversubscription are Swastika Infra, Elevate Campuses and ArMee Infotech.
Original Article
Published on Hindu BusinessLine
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This is a ipo news update from Hindu BusinessLine, published on 26 September 2026.
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