When will I know if shares are allotted to me?

Allotment status is usually finalized a few days after the IPO closes. Once finalized, shares are either credited to your Demat account (if allotted) or the blocked funds are released back to your bank account.

Can I modify or cancel my IPO application?

Yes, you can modify or cancel your IPO application anytime before the IPO closing date. Changes can be made through your Alice Blue account, subject to exchange cut-off timings.

What happens if the IPO is oversubscribed?

If the IPO receives more applications than the number of shares available, it is considered oversubscribed. In such cases, allotment in the retail category is done on a proportionate or lottery basis, and not all applicants may receive shares.

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.

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IPO Snapshot

Key metrics and details at a glance.

Price Band

₹70

Per Share

Lot Size

2000 Shares

Minimum Investment

₹1,40,000

Issue Size

₹44.03 Cr

Face Value

₹10

Per Share

IPO Type

Book Building - SME

Retail Quota

49.55%

QIB Quota

1.07%

NII Quota

49.38%

IPO Timeline

Important dates for your applying strategy.

IPO Opens29 Jun

IPO Closes1 Jul

Basis of Allotment2 Jul

Refund Initiation3 Jul

Shares Credited3 Jul

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.

Financial Performance

Revenue, profit after tax and total assets across the last 3 reported financial years.

Standalone figures

Revenue GrowthProfit After Tax (PAT)Total Assets

Revenue

+361%vs FY23

Amount in ₹ crore

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.

StrengthsRisk Factors

Diversified product portfolio.
Extensive distribution network, arrangement with reputed chain stores and growing e-commerce channel.
Experienced promoters and management team.

Frequently Asked Questions

What is the minimum investment required to apply for this IPO?

The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.

How is IPO allotment decided?

IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.

Adon Agro Commodities Ltd

Business model, operations, and market positioning.