Economy
Four IPO allotments likely on Sept 28; Adroit leads GMP

Four IPO allotments likely on Sept 28; Adroit leads GMP

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THE BRIEF
1

Allotment status for four public issues—Adroit Industries, ArMee Infotech, Swastika Infra, and Elevate Campuses—is expected to be finalised on September 28, 2026.

2

Adroit Industries led the grey market with a ₹48 premium and an estimated listing price of ₹182, backed by an overall subscription of 176.85 times.

3

Successful bidders are set to receive shares in their demat accounts by September 29, ahead of tentative stock exchange listings on September 30.