Adon Agro Commodities Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Adon Agro Commodities Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹70
Per ShareLot Size
2000 Shares
Minimum Investment
₹1,40,000
Issue Size
₹44.03 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
49.55%
QIB Quota
1.07%
NII Quota
49.38%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Adon Agro Commodities Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
90.04%
Promoter Holding (Post-Issue)
65.44%
Issue Type
Book Building - SME
ISIN
INE1SME01017
About the Company
Adon Agro Commodities Limited operates in the agro commodity trading and processing sector, primarily engaged in the sourcing, importing, processing, packing and distribution of dry fruits, nuts, seeds and berries. Our product portfolio includes almonds, cashews, walnuts, raisins, pistachios, dates, apricots and other allied products. We undertake procurement from domestic markets as well as international geographies including the United Arab Emirates, Afghanistan, Chile, the United States of America and Sri Lanka.
Industry Overview
The nuts and dry fruits industry forms an important segment of the agro commodities and food processing sector, catering to domestic consumption as well as export markets. The industry comprises sourcing, processing, grading, packaging and distribution of products such as almonds, cashews, walnuts, raisins, pistachios and other dried fruits. India is one of the leading consumers and processors of several nuts and dry fruits, supported by strong festive demand, increasing health consciousness and rising disposable incomes. The sector has witnessed growing preference for packaged and branded products over loose sales, driven by quality assurance, food safety compliance and convenience. Expansion of modern retail, e-commerce platforms and institutional demand from bakery and confectionery segments further supports growth. With increasing formalisation, improved supply chain infrastructure and value-added processing, the industry is expected to experience steady medium- to long-term expansion.
Company History
Adon Agro Commodities Limited was originally incorporated as Adon Agro Commodities Private Limited on January 24, 2022, under the Companies Act, 2013, with the Registrar of Companies, Mumbai. It was subsequently converted into a public limited company under the name Adon Agro Commodities Limited on January 19, 2025. Headquartered in Navi Mumbai, Maharashtra.
Growth Strategy
- Focus on Distribution Excellence.
- To expand the product range.
- To support National Initiatives.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial Public issue of 62,90,000 equity shares of Rs. 10/- each ("Equity Shares") of Adon Agro Commodities Limited ("AACL" or the "Company" ) for cash at a price of Rs. 70 per share (including a share premium of Rs. 60 per equity share) (the "Issue price") Aggregating to Rs. 44.03 ("the Issue"), of which 3,16,000 Crores equity shares of Rs. 10/- each will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e., Issue of 59,74,000 Crores equity shares of 10/- each is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.33% and 25.95% respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 70/- per equity share of face value of Rs. 10 each. The floor price is 7 times the face value of the equity shares. Bids can be made for a minimum of 4000 equity shares and in multiples of 2000 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Diversified product portfolio.
- Extensive distribution network, arrangement with reputed chain stores and growing e-commerce channel.
- Experienced promoters and management team.
- Wide spread customer base across various segments.
- Established and strong sourcing base.
- Substantial portion of the company revenues has been dependent upon few customers, with which its does not has any firm commitments. The loss of any one or more of the company major customers would has a material adverse effect on its business, cash flows, results of operations and financial condition.
- The company has competition from various organized and unorganized local suppliers which could results in the loss of market share and impact on its net revenue and profitability.
- The procurement and storage of the company products, spoilage and damage to such products or any contamination in its products are subject to regulatory action and damage the company reputation and has adverse effect on its business results in operations and financial conditions.
- The Company is involved in a pending writ petition before the Hon'ble Bombay High Court regarding the alleged undervaluation of imported goods, which may result in a significant financial liability of up to Rs. 444.45 lakhs including potential differential duty, penalty and redemption fines.
- The company is exposed to various costs, including shipping charges, transportation fees and warehouse expenses, which can impact its overall operational expenses and profitability.