· SME · BSE
Price Band
₹66–70
Lot Size
2000 shares
Issue Size
₹44 Cr
Min. Investment
₹1,40,000
Indicative, updates through the day
Cap price plus current GMP: ₹70 — arithmetic, not a forecast
Subscription data will appear once bidding opens.
Adon Agro Commodities IPO is an SME issue that listed on BSE on 6 July 2026. The issue price band is fixed at ₹66–₹70 per equity share with a minimum market lot size of 2000 shares, bringing the total issue size to ₹44 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹1,40,000.
No meaningful grey market premium is actively quoted for Adon Agro Commodities IPO at this stage. For an SME issue at this point in the timeline, this is standard until anchor book allocations and institutional bids build volume. A missing premium is not negative sentiment; it reflects lower off-market liquidity. Read our complete guide to IPO GMP mechanics.
The minimum investment for retail investors is one lot of 2000 shares (approx. ₹1,40,000 at the cut-off price). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is KFin Technologies Ltd., with the basis of allotment finalised on 2 July 2026 and listing completed on 6 July 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹70
Listed At
₹78.25
Current Price
₹82.16
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.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 64,000 | 1.07% |
| NII (HNI) | 29,50,000 | 49.38% |
| − bNII > ₹10L | 19,66,000 | 0% |
| − sNII < ₹10L | 9,84,000 | 0% |
| Retail | 29,60,000 | 49.55% |
| Market Maker | 3,16,000 | 0% |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 4000 | ₹2,80,000 |
| Individual investors (IND) (Max) | 2 | 4000 | ₹2,80,000 |
| S-HNI (Min) | 3 | 6000 | ₹4,20,000 |
| S-HNI (Max) | 7 | 14000 | ₹9,80,000 |
| B-HNI (Min) | 8 | 16000 | ₹11,20,000 |
EPS (Pre IPO)
4.32
EPS (Post IPO)
10.91
ROE
88.16%
P/E (Pre IPO)
16.22
P/E (Post IPO)
6.42
Price / Book
1.20
Market Cap
₹117Cr.
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| M R Maniveni Foods Ltd. | 18.11 | ₹27.04 Cr | |
| NFP Sampoorna Foods Ltd. | 16.81 | ₹24.53 Cr | |
| Stanbik Agro Ltd. | 5.9 | ₹12.28 Cr | |
| Unisem Agritech Ltd. | 12.21 | ₹21.45 Cr | |
| Shreeji Global FMCG Ltd. | 16.42 | ₹85.00 Cr | |
| BharatRohan Airborne Innovations Ltd. | 16.38 | ₹45.04 Cr |
Adon Agro Commodities Ltd. Address
KFin Technologies Ltd.