ADON · BSE · Agricultural Products
Adon Agro Commodities IPO listed on 06 Jul 2026 on BSE at ₹78.25, a gain of 11.78% over the issue price of ₹70.00. The IPO was subscribed 1.35x overall.
Adon Agro Commodities IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 29 Jun 2026 |
| IPO Close Date | 01 Jul 2026 |
| Basis of Allotment | 02 Jul 2026 |
| Initiation of Refunds | 03 Jul 2026 |
| Credit of Shares to Demat | 03 Jul 2026 |
| Listing Date | 06 Jul 2026 |
Listing day gain
+11.78%
Listed at ₹78.25 (issue ₹70)
Issue
₹70
Listing
₹78.25
Current
₹82.16
+17.37% vs issue
Day range
₹78.25 – ₹82.16
Issue Size
6,290,000 shares
(aggregating up to ₹44.00 Cr)
Issue Price
₹66 – ₹70
Face Value
₹10/share
Market Lot
2,000 shares
Retail Min Investment
₹280,000
Listing At
BSE
Sale Type
fresh issue
Fresh Issue
5,974,000 shares
(aggregating up to ₹42 Cr)
Offer for Sale
[.]
Reserved for Market Maker
316,000 shares
(aggregating up to ₹2.00 Cr)
Issue Type
book building
Open Date
29 Jun
Close Date
01 Jul
Allotment
02 Jul
Listing
06 Jul
Last updated: 3 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 05 Jul 2026 Latest | ₹70 | ₹0 | ₹70 | ₹0 |
0%
|
2:55 PM |
| 04 Jul 2026 | ₹70 | ₹0 | ₹70 | ₹0 |
0%
|
10:46 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 01 Jul 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 22.47x | - |
| NII | 1.4x | - |
| bNII (bids above ₹10L) | 1.83x | - |
| sNII (bids below ₹10L) | 0.57x | - |
| Individual Investors | 0.85x | - |
| Total | 1.35x | - |
Showing the latest subscription snapshot.
View full subscription historyThe promoters of the company are Mr. Narayanswamy Venkitkrishnan, Mrs. Jigisha Narayanswamy and Mr. Shubham Ratan Sharma.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹280,000 |
| Retail (Max) | 2 | 4,000 | ₹280,000 |
| S-HNI (Min) | 3 | 6,000 | ₹420,000 |
| S-HNI (Max) | 7 | 14,000 | ₹980,000 |
| B-HNI (Min) | 8 | 16,000 | ₹1,120,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 64,000 (1.02%) |
| NII (HNI) Shares Offered | 2,960,000 (47.06%) |
| Individual Investors Shares Offered | 2,950,000 (46.90%) |
| Market Maker Shares Offered | 316,000 (5.02%) |
| Total Shares Offered | 6,290,000 (100.00%) |
Incorporated in January 2022, Adon Agro Commodities Limited has rapidly emerged as a notable player in India's agricultural trading and supply landscape. Headquartered in Navi Mumbai, Maharashtra, the company has dedicated itself to sourcing, importing, and distributing premium-quality dry fruits, including almonds, walnuts, and apricots. By prioritizing strict quality control and fresh sourcing networks across Asia and the Middle East, the brand delivers healthy, sustainable food options directly to Indian businesses.
The operational framework relies on a robust logistics network, ensuring smooth wholesale distribution across domestic markets. Rather than operating simply as a middleman, the business focus centers on adding value through clean processing and safe packaging frameworks.
Led by core promoters Narayanswamy Venkitkrishnan, Jigisha Narayanswamy, and Shubham Ratan Sharma, the enterprise has demonstrated exceptional growth. Its total income scaled to ₹103.04 crore in Fiscal 2025, yielding a solid profit after tax (PAT) of ₹7.23 crore. To fuel its market expansion, Adon Agro Commodities Limited has filed its draft papers for an Initial Public Offering (IPO). The company plans to utilize the public funds to set up a brand-new processing and packaging facility, scale its branding activities, and secure essential everyday working capital.
Standalone · ₹ in Crores
| Particulars | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Total Revenue | 22.33 | 72.92 | 103.04 |
| Profit After Tax (PAT) | 0.09 | 1.79 | 7.22 |
| EBITDA | 0.47 | 2.84 | 10.45 |
| Total Assets | 3.65 | 20.22 | 39.11 |
| Net Worth | 0.26 | 4.95 | 12.17 |
| Reserves & Surplus | 0.16 | 1.95 | 9.17 |
| Total Borrowing | 6.96 | 7.27 | 4.74 |
Revenue & Profit Trend
The basis of allotment for Adon Agro Commodities IPO was finalised on 02 Jul 2026. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Adon Agro Commodities IPO is expected to open in Jun 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Adon Agro Commodities IPO is ₹66.00 - ₹70.00 per share.
As per market sources, Adon Agro Commodities IPO GMP is currently ₹0.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Adon Agro Commodities IPO stands at 1.35x overall.
The listing date for Adon Agro Commodities IPO is 06 Jul 2026.
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