Adon Agro Commodities IPO Details

SME BSE

Adon Agro Commodities IPO Summary

Adon Agro Commodities Logo | Adon Agro Commodities IPO Details, Date, Price, GMP, Live Subscription

Adon Agro Commodities IPO DRHP (Draft Red Herring Prospectus) has been Offer Document Returned.

Adon Agro Commodities IPO total issue size comprises 23,22,000 shares . This includes a fresh issue of 23,22,000 shares . Pre-issue shareholding stands at 62,72,728, which will increase to 85,94,728 post-issue.

Adon Agro Commodities IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

For detailed information, Refer to the Adon Agro Commodities Limited DRHP.

Adon Agro Commodities IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0 Shares
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Book Built Issue
Pre-issue Shareholding
62,72,728 shares
Post-issue Shareholding
85,94,728 shares
Total Issue Size
23,22,000 shares
Fresh Issue
23,22,000 shares
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

Adon Agro Commodities IPO Valuations

ROE84.32%
ROCE59.19%
DEBT/EQUITY0.39
RONW59.31%
PAT MARGIN7.02

Adon Agro Commodities 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 Ltd
Phone:
+91-40-67162222

Lead Mangers

To be announced

Market Maker

To be announced

Adon Agro Commodities FAQs

The Adon Agro Commodities IPO is a SME public issue comprising 2322000 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The Adon Agro Commodities IPO opens on TBA.

Adon Agro Commodities IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Adon Agro Commodities IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Adon Agro Commodities IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Adon Agro Commodities IPO allotment status for updates.

The listing date for the Adon Agro Commodities IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Adon Agro Commodities IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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