Adon Agro Commodities Limited
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Adon Agro Commodities Limited's has transitioned to a publicly listed entity following its IPO debut on Jul 06, 2026 at the BSE exchange. The public offering successfully raised 62,90,000 Shares, consisting of 62,90,000 Sharesin new capital.
The IPO featured a competitive price range of ₹66 to ₹70 and minimum application size of 2000 shares. Market reception was evidenced through subscription activity between Jun 29, 2026 and Jul 01, 2026, reflecting investor appetite for the offering.
Allotment of shares was completed on Jul 02, 2026, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
The Company is engaged in the sourcing, processing, packaging, and distribution of a wide range of dry fruits and nuts, including almonds, cashews, walnuts, pistachios, raisins, dates, apricots, figs, and mixed dry fruit products. These products are sold in bulk as well as under its retail brand, Hunger Nuts, in various pack sizes. The Company also offers customised corporate and festive gifting solutions through curated dry fruit hampers. Raw materials are sourced from both domestic and international markets, including the UAE, Afghanistan, the USA, Chile, and Sri Lanka. Its processing facility in Navi Mumbai is equipped for cleaning, grading, roasting, flavouring, and packaging operations. The Company serves customers through multiple channels, including B2B sales, wholesale distribution, organised retail, exports, and online platforms. As of November 30, 2025, it had a presence across 19 Indian states, had started exports to the UAE, served 794 customers, and employed 51 people.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Diversified Revenue Streams : Presence across B2B, retail, exports, e-commerce, and corporate gifting reduces dependence on a single channel.
- Integrated Processing & Sourcing Capabilities : In-house processing facility and global sourcing network support quality control and supply reliability.
- Rapid Customer & Market Expansion : Strong growth in customer base with presence across India and entry into international markets.
- Dependence on Imported Raw Materials : Reliance on international sourcing exposes the business to currency and supply chain risks.
- Limited Processing Track Record : Processing operations commenced recently, resulting in a relatively short operating history in value-added products.
- Commodity Price Volatility : Fluctuations in dry fruit prices can impact margins and profitability.
- Mr. Narayanswamy Venkitkrishnan
- Mrs. Jigisha Narayanswamy
- Mr. Shubham Ratan Sharma
Adon Agro Commodities Limited
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