Adon Agro Commodities

Adon Agro Commodities Limited - IPO

SME

Adon Agro Commodities IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Share holding pre issue
6272728
Share holding post issue
8594728
Total Issue Size
23,22,000 shares (aggregating up to ₹0.00 Cr)
Fresh Issue
23,22,000 shares (aggregating up to ₹0.00 Cr)
Offer for Sale
-
DRHP Status
Offer Document Returned

Adon Agro Commodities IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Adon Agro Commodities IPO Reservation

Promoter Holding

Pre Issue:93.93%
Post Issue:-
Promoter Names:
Mr. Narayanswamy Venkitkrishnan, Mrs. Jigisha Narayanswamy, Mr. Shubham Ratan Sharma

Documents

Adon Agro Commodities IPO Valuations

ROE:84.32%
ROCE:59.19%
DEBT/EQUITY:0.39
RONW:59.31%
PAT MARGIN:7.02

Adon Agro Commodities Limited Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets39.0319.783.57
Revenue103.0472.9222.33
Profit After Tax7.231.810.08
Net Worth12.204.960.25
Reserves and Surplus9.201.960.15
Total Borrowing4.746.960.00
Amount in ₹ Crore

About Adon Agro Commodities IPO

Adon Agro Commodities trades in agro-commodities. The company procures premium quality dry fruits (i.e., walnuts, cashews, anjeer, apricots, wet dates) from domestic and international suppliers, wholesalers, and distributors and delivers them to end-users.

In the wholesale segment, it imports dry fruits from countries across Asia, USA, Australia, the Middle East, and North Africa, etc.

It also operates in the retail segment under the brand name, Hunger Nuts, with products like roasted almonds, pistachios, and cashews.

The company sells the majority of products in the states of Maharashtra, Madhya Pradesh, and New Delhi

Business strengths

  • Experienced management team
  • Strong track record of growth and profitability
  • Global product sourcing network
  • Efficient distribution and logistics
  • Quality assurance

Strength Of Adon Agro Commodities IPO

To be announced

Risk Of Adon Agro Commodities IPO

To be announced

Objectives Adon Agro Commodities IPO

1. Funding working capital requirements of our company

2. Branding, Advertisement and Marketing Activities

3. Setting up of processing and packaging unit

4. General Corporate Purpose

Company Contact Details

Adon Agro Commodities Limited
Office No. I-3029, 3rd Floor, Akshar Business Park
Sector 25, Plot No. 3, Janta Market Road
Vashi, Navi Mumbai, Sanpada
Thane, Maharashtra
Phone: 022- 6501 1773
Email: cs@adonagrocommodities.com
Website: https://www.adonagrocommodities.com/

Registrar Contact Details

Name: Kfin Technologies Limited
Phone: +91-40-67162222

Lead Mangers

To be announced

Market Maker

To be announced

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