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Adon Agro Commodities IPO

Adon Agro Commodities IPO is an SME issue scheduled to open for subscription on — and closed on —.

Price Band
TBA
GMP
Subscription
Listing

Overview

Adon Agro Commodities IPO is an SME issue scheduled to open for subscription on — and closed on —.

IPO Details

Adon Agro Commodities IPO is a Small and Medium Enterprise (SME) initial public offering scheduled to open for subscription on BSE SME. The issue has a price band of TBA per equity share with a lot size of TBA shares, translating to a minimum retail investment of TBA.

The issue size is yet to be confirmed, and subscription dates are yet to be announced. Allotment is expected on and the equity shares are scheduled to list on .

Type
SME
Status
upcoming
Price band
TBA
Face value
₹10 (typical)
Lot size
Min investment (Retail)
TBA
Issue size
Fresh issue
OFS
Exchange
BSE SME
ISIN
TBA
Sector
FMCG

Market Lot

Market lot details will be available once the price band and lot size are finalised in the Red Herring Prospectus.

IPO Reservation

Per SEBI guidelines, Adon Agro Commodities IPO reserves shares across investor categories as follows. Final allotment percentages may vary slightly based on the final issue document.

Category% ReservedNotes
QIBUp to 50%Mutual funds, FIIs, banks
NII / HNIUp to 15%Bids ≥ ₹2 lakh
RetailAt least 35%Bids up to ₹2 lakh

Important Dates

  1. Issue Open
    · Subscription opens
  2. Issue Close
    · Subscription closes
  3. Allotment
    · Basis of allotment finalised
  4. Refunds Initiated
    · Funds released for non-allottees
  5. Listing Date
    · Shares debut on the exchange

Grey Market Premium

Grey Market Premium for Adon Agro Commodities is yet to be tracked. We update GMP from multiple grey market sources during the subscription window. Bookmark this page and check IPO GMP Today for live updates.

Subscription Status

Adon Agro Commodities IPO subscription tracking will go live once the subscription window opens. Category-wise data (Retail / NII / QIB / Employee) will be available on IPO Subscription Status.

Allotment Status

Adon Agro Commodities IPO allotment will be finalised by the registrar (TBA) on . Check your allotment status using your PAN, application number, or DP ID via our allotment status checker or directly on the registrar's website.

If allotment fails, the blocked funds via ASBA / UPI mandate are released back within 24-48 hours. Applying through multiple demat accounts in family members' names improves chances on oversubscribed IPOs.

About Adon Agro Commodities

Adon Agro Commodities Limited operates in agro-commodity trading and processing — dry fruits, nuts, seeds and berries. Product portfolio: almonds, walnuts, pistachios, raisins, dates, and apricots — sourced from both domestic and international markets. Customer base spans bulk-wholesale distributors, packaged-brand FMCG operators, and retail distribution channels. Indian dry-fruit and nuts demand has been one of the structurally growing premium-food categories through 2022-26. Drivers include rising disposable income enabling premium-snack adoption, health-and-wellness consumption shift, festival-and-gifting demand cycles, and the broader formalisation of unorganised dry-fruit retail into branded distribution. FY25 financials are strong: revenue ₹103.04 crore (+41% YoY from ₹72.92 crore) and PAT ₹7.22 crore (+303% YoY from ₹1.79 crore). PAT margin expanded from 2.5% to 7.0% — operational-leverage realisation.

Promoter & Holding Pattern

The promoter and promoter group hold the majority stake in Adon Agro Commodities prior to the IPO. Post-listing, this percentage will reduce as new equity shares are issued to the public. Detailed pre-IPO and post-IPO promoter holding data will be updated once the Red Herring Prospectus is finalised with SEBI.

Objects of the Issue

The Adon Agro Commodities IPO proceeds will be utilised across multiple strategic objectives. Typical objects include capital expenditure for expansion, repayment of debt, general corporate purposes, working capital, and OFS by selling shareholders. Detailed breakdown with amounts will be updated here from the Red Herring Prospectus.

Financial Performance

Three-year financial performance for Adon Agro Commodities (amounts in ₹ Cr):

PeriodRevenueExpensePATTotal AssetsNet Worth
FY25103.047.22
FY2472.921.79

Valuation Snapshot

RoE
RoCE
EBITDA Margin
PAT Margin
7.01%
Debt/Equity
EPS
P/E Ratio
RoNW
NAV

Peer Comparison

Listed peers in the FMCG sector with key valuation metrics:

CompanyEPS (₹)P/E RatioRoNW (%)NAV (₹)Income (₹ Cr)
NFP Sampoorna Foods (recent SME peer)

Anchor Investors

Anchor investor bidding for Adon Agro Commodities typically opens one working day before the issue opens to the public. Anchor investors — mutual funds, FIIs, sovereign wealth funds, and insurance companies — collectively subscribe to a portion of the QIB segment. Their participation signals institutional confidence. Anchor list and total amount will be updated once SEBI publishes the anchor filing.

Lead Managers (Merchant Bankers)

Book-Running Lead Managers (BRLMs) for Adon Agro Commodities will be listed once confirmed in the Red Herring Prospectus. Lead managers oversee pricing, marketing, and underwriting — typically Kotak, ICICI Securities, Axis Capital, HDFC, SBI Caps, JP Morgan, or Citigroup.

IPO Registrar

The registrar for Adon Agro Commodities IPO will be confirmed in the Red Herring Prospectus. The registrar handles allotment, refunds, and dematerialisation of shares.

Editorial Review

Adon Agro Commodities has filed for a BSE SME IPO of 23,22,000 fresh equity shares. As of publication, exact issue size in rupees, price band, dates, lead manager, registrar not yet announced. The FY24→FY25 financial trajectory is strong: revenue +41% YoY (₹72.92 → ₹103.04 cr) and PAT +303% YoY (₹1.79 → ₹7.22 cr). PAT margin expanded from 2.5% to 7.0% — significant operational-leverage realisation that improves the profitability profile relative to typical commodity-trading operators. The business positioning is dry-fruit + nuts trading + processing — almonds, walnuts, pistachios, raisins, dates, apricots from domestic + international sources. Indian dry-fruit demand benefits from premium-snack adoption + health-wellness shift + festival-gifting cycles + branded-distribution formalisation. What's working: exceptional FY25 PAT growth (+303%) signals margin trajectory; revenue +41% YoY healthy growth; 7% PAT margin is healthy for commodity-trading-adjacent operator; structural dry-fruit demand tailwinds. What's concerning: BSE SME structural liquidity constraints; substantial public-data gap on issue size, price band, dates; commodity-pricing exposure (almond, walnut, pistachio international prices fluctuate); listed comparable (NFP Sampoorna Foods) listed at -0.91% discount on 25 May 2026, signalling category sentiment caution. Subscribe pre-RHP. Exceptional PAT growth + margin expansion + structural dry-fruit tailwinds create credible SME thesis. Wait for RHP. Sizing modest given BSE SME structural constraints and commodity-pricing exposure.

How to Apply for Adon Agro Commodities IPO

  1. Open broker app — Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct, or any other SEBI-registered broker. Navigate to the IPO section.
  2. Select Adon Agro Commodities IPO during the bidding window ().
  3. Enter bid details — minimum TBA shares per lot. Retail investors are recommended to bid at cut-off price (upper band).
  4. Submit UPI ID linked to a SEBI-approved bank.
  5. Approve UPI mandate from your UPI app within the deadline. Bid amount is blocked, not debited.
  6. Await allotment on .
  7. Listing day — shares list on BSE SME on .

Risk Factors

1. BSE SME structural liquidity constraints. 2. Commodity-pricing exposure (almond, walnut, pistachio international prices). 3. Recent NFP Sampoorna Foods listed at discount signals category sentiment caution. 4. Substantial public-data gap on issue size, price band, dates. 5. Inventory-management risk in trading-led business model.

Adon Agro Commodities IPO — FAQs

What is Adon Agro Commodities IPO?
Adon Agro Commodities IPO is a Small and Medium Enterprise (SME) initial public offering listing on BSE SME. The issue opens on — and closes on — with a price band of TBA per share.
What is the Adon Agro Commodities IPO price band?
The price band for Adon Agro Commodities IPO is TBA per equity share of face value ₹10 (typical). Retail investors are recommended to bid at the upper band (cut-off price).
What is the Adon Agro Commodities IPO lot size?
The minimum lot size for Adon Agro Commodities IPO is TBA shares per application. Minimum retail investment at the upper price band works out to approximately TBA.
When is the Adon Agro Commodities IPO opening date?
Adon Agro Commodities IPO opens for subscription on — and closes on —.
When is the Adon Agro Commodities IPO allotment date?
Basis of allotment is expected on —. Check your status on the registrar's website using your PAN.
When is the Adon Agro Commodities IPO listing date?
Adon Agro Commodities shares are expected to list on BSE SME on —.
What is the GMP of Adon Agro Commodities IPO?
GMP for Adon Agro Commodities is not currently tracked.
Who is the registrar of Adon Agro Commodities IPO?
The registrar is handling allotment, refunds, and dematerialisation for Adon Agro Commodities IPO.
How can I apply for Adon Agro Commodities IPO?
Apply via any SEBI-registered broker (Zerodha, Upstox, Angel One, Groww, 5paisa, ICICI Direct) during the open window. Use UPI mandate or ASBA for fund blocking. Bid at cut-off for retail category.
What is the minimum investment?
Minimum retail investment is approximately TBA (1 lot × TBA shares at upper band).
Should I apply for Adon Agro Commodities IPO?
Whether to apply depends on your goals, risk appetite, and the company's fundamentals. Review the RHP, compare valuation with peers, and consult a SEBI-registered advisor.
What happens if my allotment fails?
Bid amount blocked via UPI/ASBA is released back within 24-48 hours. Apply through multiple family demat accounts to improve odds on oversubscribed issues.

Information shown is for educational purposes and does not constitute investment advice. GMP values are unofficial estimates from informal grey market sources. Please read the offer document (Red Herring Prospectus) carefully before investing.

Data sourced from NSE, BSE, the issue's registrar, and public filings. BasicFintech is not affiliated with the issuing company, its underwriters, or the exchanges.

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