Adon Agro Commodities
CLOSEDIPO Date: 29 Jun - 1 Jul 2026
Listing Date: 6 Jul 2026
Price Range
Rs.66 - Rs.70
Issue Size
44 Cr
Min Investment
₹1,32,000
Lot Size
2000 Shares
Schedule of Adon Agro Commodities
Issue open date
29 Jun 2026
Issue close date
1 Jul 2026
UPI mandate deadline
1 Jul 2026 (5 PM)
Allotment finalization
2 Jul 2026
Share credit
3 Jul 2026
Listing date
6 Jul 2026
Mandate end date
15 Jul 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 44 Cr |
| Fresh Issue | 44.03 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 2 Jul 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 30 Jun 2026 | ₹70 | ₹0 | ₹70 (0%) |
| 28 Jun 2026 | ₹70 | ₹0 | ₹70 (0%) |
| 27 Jun 2026 | ₹70 | ₹0 | ₹70 (0%) |
| 26 Jun 2026 | ₹70 | ₹0 | ₹70 (0%) |
| 25 Jun 2026 | ₹70 | ₹0 | ₹70 (0%) |
| 24 Jun 2026 | ₹70 | ₹0 | ₹70 (0%) |
| 23 Jun 2026 | ₹70 | ₹0 | ₹70 (0%) |
Performance Adon Agro Commodities
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.66 - Rs.70 | .... | .... | .... |
About Adon Agro Commodities
Adon Agro Limited operates in the agro-commodity trading industry and is engaged in sourcing, importing, distributing, and retailing dry fruits. The company deals in products such as almonds, walnuts, apricots, cashews, pistachios, and other dry fruits through its wholesale business and retail brand, Hunger Nuts. It procures products from domestic and international suppliers across Asia, the Middle East, and North Africa and supplies them to customers in both B2B and B2C segments. The company follows a container-to-container inventory model, wherein it purchases and sells dry fruits in full container quantities. Adon Agro has its registered and corporate offices in Navi Mumbai, Maharashtra, a branch office in Jaipur, Rajasthan, and operates a processing, packaging, and warehouse facility in Navi Mumbai.
| Founded in | 2022 |
| Managing director | Mr. Narayanswamy Venkitkrishnan |
| Parent organization |
Financial Overview
Strengths
- Operates an integrated business model covering sourcing, importing, processing, packing and distribution of dry fruits and nuts.
- Sources products from multiple domestic and international markets, supporting a diversified procurement network.
- Markets processed products under its own “Hunger Nuts” brand across B2B, wholesale, retail and D2C channels.
- Has an established distribution network through APMC Navi Mumbai, intermediaries and third-party distributors across India.
- Maintains internal quality control processes to ensure products meet defined quality standards before sale.
Risks
- A significant share of revenue depends on a limited number of customers, and losing key customers could impact the business.
- The company does not have long-term agreements with its customers, making revenue less predictable.
- Competition from organised and unorganised suppliers may reduce market share, revenue and profitability.
- Dry fruits are susceptible to spoilage and contamination, which could lead to regulatory action and reputational damage.
- The business is seasonal, and demand depends on festivals and the marriage season.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | N/A |
| Retail Individual Investors (RIIs) | N/A |
| Employee | N/A |
| Total | N/A |