Adon Agro Commodities IPO Details
IPO Overview
| Price Band | ₹66–₹70 |
|---|---|
| Lot Size | 2000 shares |
| Min Investment | Min ₹140000 |
| Total Subscription | 1.35 times |
| Status | Listed |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4000 | 280000 |
| Individual investors (IND) (Max) | 2 | 4000 | 280000 |
| S-HNI (Min) | 3 | 6000 | 420000 |
| S-HNI (Max) | 7 | 14000 | 980000 |
| B-HNI (Min) | 8 | 16000 | 1120000 |
IPO Tentative Timetable
| IPO Open Date | Jun 29, 2026 |
|---|---|
| IPO Close Date | Jul 01, 2026 |
| Allotment Date | Jul 02, 2026 |
| Refund Initiation | Jul 03, 2026 |
| Listing Date | Jul 06, 2026 |
IPO Detail
| Face Value | ₹10 per share |
|---|---|
| Price Band | ₹66 to ₹70 |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 62,90,000 shares (agg. up to ₹44 Cr) |
| Reserved for Market Maker | 3,16,000 shares (agg. up to ₹2 Cr)Shreni Shares Ltd. |
| Fresh Issue (Ex Market Maker) | 59,74,000 shares (agg. up to ₹42 Cr) |
| Net Offered to Public | 59,74,000 shares (agg. up to ₹42 Cr) |
| Share Holding Pre Issue | 1,67,27,270 shares |
| Share Holding Post Issue | 2,30,17,270 shares |
Valuations
Company Financials (In Crore)
| Period Ended | Assets | Total Income | Profit After Tax | E B I T D A | N E T Worth | Reserves And Surplus | Total Borrowing |
|---|---|---|---|---|---|---|---|
| 31 Jan 2026 | 86.43 | 287.33 | 21.55 | 31.28 | 36.72 | 30.45 | 10.19 |
| 31 Mar 2025 | 39.11 | 103.04 | 7.22 | 10.45 | 12.17 | 9.17 | 4.74 |
| 31 Mar 2024 | 20.22 | 72.92 | 1.79 | 2.84 | 4.95 | 1.95 | 6.96 |
| 31 Mar 2023 | 3.65 | 22.33 | 0.09 | 0.47 | 0.26 | 0.16 |
Objects of the Issue
| S. No. | Objects Of The Issue | Expected Amount (in Crores) |
|---|---|---|
| 1 | Funding incremental working capital requirements | 32.00 |
| 2 | General Corporate Purpose | |
| Total | 32.00 |
About Company
The Company's product portfolio includes almonds, cashews, walnuts, pistachios, raisins, dried dates, apricots, figs, and assorted dry fruit mixes, offered across multiple grades, forms, and pack sizes. Products are sold in bulk unprocessed form as well as in processed and packaged formats under the Company's proprietary retail brand, Hunger Nuts, which offers variants in pack sizes ranging from 250 grams to 30 kilograms.
The Company also undertakes corporate and festive gifting through curated dry fruit hampers and customised assortments.
The Company sources raw materials from domestic markets as well as internationally from the UAE, Afghanistan, USA, Chile, and Sri Lanka.
Its in-house processing facility, located at MIDC Mahape, Navi Mumbai, is equipped for mechanical cracking of almonds, manual cracking and grading of walnuts, cleaning, sorting, roasting, flavouring, and packaging operations.
The Company commenced processing operations in FY 2025-26, with an installed capacity of 4,800 tonnes per annum for almonds and 2,000 tonnes per annum for walnuts.
Revenue is generated across five business verticals comprising containerised bulk B2B sales, wholesale and corporate gifting sales, modern trade supply to organised retail chains, export sales, and direct-to-consumer sales through its own website and third-party e-commerce platforms.
As of November 30, 2025, the Company had a domestic presence across 19 states in India and commenced export operations to the UAE. The Company has also incorporated a wholly owned subsidiary, Adon Agro Trading L.L.C., in Dubai, UAE in November 2025, to strengthen its international sourcing and distribution capabilities.
The Company served 794 customers as of November 30, 2025, compared to 101 customers in FY 2024-25. As of November 30, 2025, the Company had 51 employees including directors, supported by key managerial and senior management personnel across sales, marketing, IT, finance, and plant operations.
Promoters
- The promoters of the company are Mr. Narayanswamy Venkitkrishnan, Mrs. Jigisha Narayanswamy and Mr. Shubham Ratan Sharma.
Registrar
Adon Agro Commodities IPO Details — Frequently Asked Questions
What is Adon Agro Commodities IPO?
What is the price band of Adon Agro Commodities IPO?
What is the lot size and minimum investment for Adon Agro Commodities IPO?
When will Adon Agro Commodities IPO open and close for subscription?
What is the issue size of Adon Agro Commodities IPO?
When is the Adon Agro Commodities IPO listing date?
Is Adon Agro Commodities a Mainline IPO or SME IPO?
How can I apply for Adon Agro Commodities IPO?
Disclaimer
No financial information published within this application, including but not limited to information regarding securities or IPOs, should be considered as advice to buy or sell securities or to invest in IPOs, or as a guide to doing so in any way whatsoever. All content published in this application is provided solely for educational and informational purposes, and under no circumstances should it be used for making investment decisions. We are not a SEBI registered analyst.
Readers must consult a qualified financial advisor before making any actual investment decisions based on information published in this application. The information in this application is based on information available as of the date of publication, along with market perceptions, and may be subject to change without notice.