
Adon Agro Commodities Ltd (BSE SME)
1. Adon Agro Commodities Ltd (BSE SME) IPO Details
The bidding for the IPO starts next Monday, Jun 29, 2026, and ends on Jul 01, 2026. The allotment is expected to be finalized on Jul 02, 2026. The company will list on the BSE SME platform, with a tentative listing date fixed as Jul 06, 2026.
The price band is set at ₹66–₹70 per share. The lot size for an application is 2,000 shares, which means the minimum amount of investment required by a retail investor is ₹1,40,000.
Grey Market Premium
Estimated listing gains (Live)
IPO Lot Size
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| bHNI | 8 | 16000 | 1120000 | 328 |
IPO Reservation
| Category | Shares Offered | % |
|---|---|---|
| QIB | 64000 | 1.02% |
| HNI | 2950000 | 46.9% |
| INDIVIDUAL | 2960000 | 47.06% |
| Market Maker | 316000 | 5.02% |
| Total | 6290000 | 100% |
| Open |
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| High |
| Low |
| Prev. Close |
| Lower circuit |
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| P/E Ratio |
| Exchange | Listing Price | Gain/Loss | % |
|---|---|---|---|
| BSE | ₹78.25 | +₹8.25 | +11.79% |
2. About Adon Agro Commodities Ltd (BSE SME)
Incorporated in 2022 and headquartered in Mumbai,
Business Verticals
Dry Fruits & Nuts Portfolio: Sourcing and trading a vast line of premium almonds, walnuts, dates, pistachios, cashews, raisins, and apricots from domestic hubs and international corridors (like the USA, UAE, Chile, and Afghanistan).
Proprietary Consumer Branding: Retailing processed, flavored, and roasted options directly into B2B and Direct-to-Consumer (D2C) channels under its proprietary brand “Hunger Nuts”.
Processing Infrastructure: Operates a dedicated packaging and sorting facility inside the MIDC industrial area in Navi Mumbai, handling automated cleaning, sterilization, and temperature-controlled storage.
Track Record
Revenue Growth: Total operational income registered strong upward traction, rising from ₹22.33 Cr in FY23 to ₹72.91 Cr in FY24, and expanding significantly to ₹103.04 Cr for the financial year ended March 31, 2025.
Profitability: Net profit (PAT) displayed massive structural acceleration, climbing from ₹0.08 Cr in FY23 to ₹1.81 Cr in FY24, and hitting a robust ₹7.23 Cr in FY25.
Operational Margins: Maintained a strong fiscal footprint, reporting an EBITDA of ₹10.43 Cr for FY25 alongside a basic Earnings Per Share (EPS) of ₹24.11.
Adon Agro Commodities Ltd IPO Allotment Status
The allotment is scheduled to be finalized on July 02, 2026.
Check Adon Agro Commodities Allotment Status
To check your status online, visit the official assigned registrar tracking portal or monitor the updates on the BSE website.
You can verify your status via:
Registrar's website (
)KFin Technologies Limited BSE official SME tracking portal
Using your PAN number, Application ID, or DP ID/Client ID
Strengths
Robust Financial Momentum: Showcases high topline and bottom-line scalability, with its net profit expanding over 300% within the latest full fiscal cycle.
Global Sourcing Network: Maintains strategic ethical sourcing pipelines across the Middle East, North Africa, and the Americas, securing consistent supply quality.
Transition to Higher Margins: The recent launch of the Navi Mumbai processing plant and the "Hunger Nuts" retail brand positions the company to move into high-margin consumer retail blocks.
Weaknesses
Raw Material Price Fluctuations: Direct financial margins remain heavily exposed to changes in import duties, international trade barriers, and global agro-climatic yield shifts.
Highly Segmented Sector: Faces stiff pricing and execution competition from unorganized traditional wholesale traders and heavily funded local snack brands.
How the Company Will Use IPO Money
The fresh issue proceeds (₹44.03 Cr) will be utilized for:
Working Capital Requirements: To finance daily incremental working capital needs for raw bulk imports and inventory storage.
Infrastructure Capital Expenditure: Setting up and upgrading core hardware layers at its processing and packaging facilities.
Branding and Marketing: Allocation towards promotional media outlays, retail product placement, and brand positioning.
General Corporate Purposes: Meeting baseline administrative overheads and regular public listing administration expenses.
Lead Manager & Registrar
Book Running Lead Manager: AFCO Capital India Private Limited
Registrar: KFin Technologies Limited
Phone: 040-67162222
Email: einward.ris@kfintech.com
DIPAK DANGODARA
I am the founder of India IPO Updates, a platform dedicated to tracking the Indian IPO market since 2024. With a background in digital research and data analysis, I built this platform to simplify IPO tracking covering issue details, live Grey Market Premium (GMP), subscription status, and allotment updates sourced from public exchange data and verified market sources.
I am not an SEBI-registered investment advisor. All GMP and market data shared here is for informational purposes only and should not be considered investment advice. Investors are advised to consult a registered financial advisor before making investment decisions.
