Minimum Investment
About Company
Company Name: Adon Agro Commodities Limited
Industry / Sector: Agro Commodities (Dry Fruits, Nuts & Seeds)
Founded Year: Not explicitly stated (Operations scaled in recent years)
Promoters: Narayanswamy Venkitkrishnan, Jigisha Narayanswamy, Shubham Ratan Sharma
Adon Agro Commodities Ltd. is primarily engaged in the sourcing, importing, processing, packing, and distribution of dry fruits, nuts, seeds, and berries. The product portfolio includes almonds, cashews, walnuts, pistachios, raisins, dried dates, apricots, figs, and assorted mixes. Products are sold in bulk and packaged formats under the proprietary brand 'Hunger Nuts'. The company operates an in-house processing facility at MIDC Mahape, Navi Mumbai.
IPO Basic Details
| Company Name | Adon Agro Commodities Limited |
| IPO Type | SME IPO |
| Price Band | ₹66 – ₹70 |
| Lot Size | 2000 Shares |
| Total Issue Size | 62,90,000 Equity Shares (₹44.03 Cr) |
IPO Strengths & Risks
Strengths
- Integrated Operating Model
- Diversified Product Portfolio
- In-house Processing Capabilities
- Multiple Distribution Channels
- International Sourcing Network
Risks
- Commodity price volatility
- Dependence on imports and global supply chains
- Working capital intensive operations
- Competition in dry fruits segment
- SME liquidity risks
IPO Important Dates
| IPO Open Date | 29 Jun 2026 |
| IPO Close Date | 01 Jul 2026 |
| Basis of Allotment | 02 Jul 2026 |
| Refund Initiation | 03 Jul 2026 |
| Demat Credit Date | 03 Jul 2026 |
| Listing Date | 06 Jul 2026 |
| Anchor Investor Date | - |
| UPI Mandate Deadline | - |
IPO Objectives
- Capital expenditure for machinery and equipment – -
- Funding working capital requirements – -
- Debt repayment – -
- General corporate purposes – Balance Amount
Investor Reservation
| QIB Quota | 1.07% of Net Issue |
| Retail Quota | 49.55% of Net Issue |
| HNI Quota | - |
| Employee Quota | - |
| Shareholder Quota | - |
| Anchor Investor Allocation | - |
Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lots | 4,000 | ₹2,80,000 |
| Retail Maximum | - | - | - |
| S-HNI Minimum | 3 Lots | 6,000 | ₹4,20,000 |
| S-HNI Maximum | - | - | - |
| B-HNI Minimum | 8 Lots | 16,000 | ₹11,20,000 |
Key Performance Indicators (KPI)
| ROE | 88.16% (Jan 2026) / 84.36% (Mar 2025) |
| ROCE | 68.79% (Jan 2026) / 60.65% (Mar 2025) |
| RoNW | - |
| PAT Margin | 7.50% (Jan 2026) / 7.01% (Mar 2025) |
| EBITDA Margin | 10.89% (Jan 2026) / 10.14% (Mar 2025) |
| EPS | ₹4.32 (Pre) / ₹10.91 (Post) |
| NAV per share | - |
| Debt to Equity | 0.28 (Jan 2026) |
| P/E Ratio | - |
| Industry P/E | - |
Company Financial Data
| Period | Assets | Total Income | PAT | EBITDA | Net Worth | Borrowings |
|---|---|---|---|---|---|---|
| 10M FY2026 (31 Jan 2026) | ₹86.43 Cr | ₹287.33 Cr | ₹21.55 Cr | ₹31.28 Cr | ₹36.72 Cr | ₹10.19 Cr |
| FY2025 (31 Mar 2025) | ₹39.11 Cr | ₹103.04 Cr | ₹7.22 Cr | ₹10.45 Cr | ₹12.17 Cr | ₹4.74 Cr |
| FY2024 (31 Mar 2024) | ₹20.22 Cr | ₹72.92 Cr | ₹1.79 Cr | ₹2.84 Cr | ₹4.95 Cr | ₹6.96 Cr |
| FY2023 (31 Mar 2023) | ₹3.65 Cr | ₹22.33 Cr | ₹0.09 Cr | ₹0.47 Cr | ₹0.26 Cr | Nil |
Grey Market Premium
| GMP Price | Not Available |
| Kostak Rate | Not Available |
| Subject to Sauda | Not Available |
| Last Updated | Jun 2026 |
| Estimated Listing Price | TBA |
IPO Subscription Data
| Total Subscription | Pending |
| QIB (Ex Anchor) | Pending |
| HNI Subscription | Pending |
| Retail Subscription | Pending |
| Anchor | - |
IPO Intermediaries
Registrar: Kfin Technologies Ltd.
Registrar Website: https://ipostatus.kfintech.com
IPO Lead Manager(s)
Company Information
Address: Office No. I-3029, 3rd Floor, Akshar Business Park, Sector 25, Plot No. 3, Janta Market Road, Vashi, Navi Mumbai, Thane, Maharashtra - 400703
Website: https://www.adonagrocommodities.com
Email: cs@adonagrocommodities.com
Phone: 022-6501 1773
IPO Documents
Frequently Asked Questions (FAQ)
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