Adon Agro Commodities Limited IPO Details

Factual IPO information from public filings. Not investment advice.

Issue Details

Price Band
₹66 – ₹70
Lot Size
2,000 shares
Min. Investment
₹1,40,000
Total Issue Size
₹44.03 Cr
62,90,000 shares
Fresh Issue
₹44.03 Cr
62,90,000 shares
Offer for Sale
₹0 Cr
Face Value
₹10 per share
Issue Type
Book-built IPO
Listing At
BSE SME
Shares Pre-Issue
1,67,27,270
Shares Post-Issue
2,30,17,270

Lot Size & Investment

1 lot = 2,000 shares

Retail (min)

2 lots · 4,000 shares

Retail (max)

2 lots · 4,000 shares

S-HNI (min)

3 lots · 6,000 shares

ApplicationLotsSharesAmount
Retail24,000₹2,80,000
Small HNI (S-HNI)36,000₹4,20,000
Big HNI (B-HNI)816,000₹11,20,000

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodJan-26Mar-25Mar-24Mar-23
Assets86.4339.1120.223.65
Total Income287.33103.0472.9222.33
Profit After Tax21.557.221.790.09
EBITDA31.2810.452.840.47
Net Worth36.7212.174.950.26
Reserves & Surplus30.459.171.950.16
Total Borrowing10.194.746.96

Key Performance Indicators

Key performance indicators
PeriodJan-26Mar-25
ROE (%)88.1684.36
ROCE (%)68.7960.65
EPS (₹)4.32
P/E (pre-issue)16.22
P/E (post-issue)6.42

About Adon Agro Commodities Limited

Adon Agro Commodities Ltd. is primarily engaged in the sourcing, importing, processing, packing and distribution of dry fruits, nuts, seeds and berries. 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 dry fruits 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. The company served 871customers as of Jan 31, 2026, compared to 101 customers in FY 2024-25. As of Jan 31, 2026, the Company had 62 employees. Competitive Strengths Integrated Operating Model Diversified Product Portfolio In-house Processing Capabilities Multiple Distribution Channels International Sourcing Network

Company Information

Book running lead managers
  • Galactico Corporate Services Ltd.
Registered office
Office No.I-3029, 3rd Floor, Akshar Business Park, Sector 25, Plot No.3, Janta Market Road, Vashi, Navi Mumbai, Sanpada, Thane, Maharashtra, 400703
Market maker
Shreni Shares Ltd.

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