Adon Agro Commodities IPO
Price band
₹66 – ₹70
Lot size
2000 shares
Min investment
₹1,40,000
Issue size
₹44.03 Cr
IPO schedule
| Open date | 29 Jun 2026 |
| Close date | 1 Jul 2026 |
| UPI mandate cut-off | 1 Jul 2026 |
| Allotment finalisation | 2 Jul 2026 |
| Refund initiation | 3 Jul 2026 |
| Shares credited to demat | 3 Jul 2026 |
| Listing date | 6 Jul 2026 |
| Mandate end date | 15 Jul 2026 |
| Anchor lock-in (50%) | 31 Jul 2026 |
| Anchor lock-in (remaining) | 29 Sept 2026 |
About Adon Agro Commodities
Adon Agro Commodities Limited operates in the agro-commodity trading and processing sector, mainly focused on dry fruits, nuts, seeds and berries. It sources products from India and overseas markets, including the UAE, Afghanistan, Chile, the USA and Sri Lanka, and sells them as bulk traded goods or after processing, packing and branding. Its products include almonds, cashews, walnuts, pistachios, raisins, dates, apricots and related dry-fruit items, including processed variants and customised assortments. The company generates revenue through containerised bulk sales, wholesale sales, modern trade, export sales, direct-to-consumer channels, government/institutional sales and services such as almond-shell breaking. It also sells processed and packed dry fruits under its proprietary brand, “Hunger Nuts”. The RHP describes the business as moving from a trading-focused model to an integrated model covering sourcing, processing, packaging and multi-channel distribution.
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.
IPO information is sourced from public feeds and shown for general information only. It is not a recommendation to apply for this or any IPO. IPOs are equity investments and carry market risk; listing gains are not guaranteed and SME IPOs are especially volatile. Grey Market Premium (GMP) is unofficial and not endorsed by SEBI or the exchanges. Equity IPOs are applied for through a demat and trading account, not through mutual fund distribution services. Read the RHP and consult a SEBI-registered investment adviser before investing.