Adon Agro Commodities IPO
Adon Agro Commodities IPO Details
-
उघडण्याची तारीख
29 जून 2026
-
बंद तारीख
01 जुलै 2026
- IPO प्राईस रेंज
₹66 ते ₹70
- IPO साईझ
₹ 44.03 कोटी
Adon Agro Commodities IPO Timeline
अंतिम अपडेट: 25 जून 2026 4:52 PM पर्यंत 5paisa
Adon Agro Commodities Limited (AACL) is engaged in the sourcing, importing, processing, packing, and distribution of dry fruits, nuts, seeds, and berries. Headquartered in Navi Mumbai, Maharashtra, the company operates across five business verticals: containerised bulk B2B sales, wholesale and corporate gifting, modern trade supply to organised retail chains, export sales, and direct-to-consumer sales through its retail brand Hunger Nuts.
The company was originally incorporated as Adon Agro Commodities Private Limited on January 24, 2022, and was subsequently converted into a public limited company on January 19, 2025. It commenced dry fruits processing operations in FY 2025-26, with its in-house processing facility at MIDC Mahape, Navi Mumbai, equipped for mechanical cracking of almonds, grading of walnuts, cleaning, sorting, roasting, flavouring, and packaging. As of January 31, 2026, the Company had 871 customers and 62 employees.
Established on: January 24, 2022
Managing Director: Mr Narayanswamy Venkitkrishnan
पीअर्स:
Leo Dry Fruits & Spices Trading Limited
प्रोव्हेंटस ॲग्रोकॉम लिमिटेड
कृषीव्हल फूड लिमिटेड
Adon Agro Commodities Objectives
1. वाढत्या खेळत्या भांडवलाची आवश्यकता: ₹ 32.00 कोटी
2. General corporate purposes: balance of net proceeds
Adon Agro Commodities IPO Size
| प्रकार | साईझ |
|---|---|
| एकूण IPO साईझ | ₹ 44.03 कोटी |
| विक्रीसाठी ऑफर | - |
| नवीन समस्या | ₹ 44.03 कोटी |
Adon Agro Commodities IPO Lot Size
| ॲप्लिकेशन | लॉट्स | शेअर्स | रक्कम (₹) |
|---|---|---|---|
| रिटेल (किमान) | 2 | 4,000 | ₹2,64,000 |
| रिटेल (कमाल) | 2 | 4,000 | ₹2,80,000 |
| S - HNI (मि) | 3 | 6,000 | ₹3,96,000 |
| S - HNI (कमाल) | 7 | 14,000 | ₹9,80,000 |
| B - HNI (किमान) | 8 | 16,000 | ₹10,56,000 |
| तपशील (₹ कोटीमध्ये) | FY23 | FY24 | FY25 |
| महसूल | 23.33 | 72.57 | 103.04 |
| EBITDA | 0.47 | 2.84 | 10.45 |
| पॅट | 0.07 | 1.79 | 7.22 |
| तपशील (₹ कोटीमध्ये) | FY23 | FY24 | FY25 |
| एकूण मालमत्ता | 3.65 | 20.22 | 39.11 |
| शेअर कॅपिटल | 0.10 | 3.00 | 3.00 |
| एकूण दायित्व | 3.65 | 20.22 | 39.11 |
| कॅश फ्लो (₹ कोटी) | FY23 | FY24 | FY25 |
| ऑपरेटिंग उपक्रमांमधून/(वापरलेले) निव्वळ कॅश निर्माण | 1.52 | -1.56 | 4.58 |
| गुंतवणूक उपक्रमांमधून/(वापरलेले) निव्वळ कॅश निर्माण | -0.35 | 0.23 | -8.91 |
| फायनान्सिंग उपक्रमांमधून/(वापरलेले) निव्वळ कॅश निर्माण | -0.96 | 9.82 | -2.34 |
| कॅश आणि कॅश समतुल्यांमध्ये निव्वळ वाढ (कमी) | 0.21 | 8.49 | -6.68 |
सामर्थ्य
1. Integrated operating model spanning sourcing, processing, packing and distribution of dry fruits and nuts.
2. Diversified product portfolio covering almonds, cashews, walnuts, pistachios, raisins, dates, apricots, figs and mixes across multiple grades and pack sizes.
3. Proprietary retail brand 'Hunger Nuts' enabling direct-to-consumer revenue alongside B2B sales.
4. In-house processing facility at MIDC Mahape, Navi Mumbai, with a capacity of 4,800 TPA (almonds) and 2,000 TPA (walnuts).
कमकुवतता
1. Short operating history - commenced processing operations only in FY 2025-26.
2. Working capital-intensive business model with ₹32 Cr of IPO proceeds earmarked for working capital.
3. Rapidly scaled customer base (101 in FY25 to 871 by Jan 2026) may pose operational management challenges.
4. Limited track record as a listed entity - this is the Company's first public issue.
संधी
1. India's dry fruit and nuts market is expanding, driven by rising health awareness, gifting culture and premiumisation trends.
2. Festive season demand (Diwali, Eid, weddings) creates predictable high-value revenue cycles.
3. Growing e-commerce penetration opens direct-to-consumer channels with better margins.
4. Modern trade expansion into tier-2 and tier-3 cities offers new distribution opportunities.
5. Export market potential - Company already sources internationally and can leverage existing networks
धोके
1. Commodity price volatility in almonds, cashews and walnuts can compress margins.
2. Foreign exchange risk due to procurement from multiple international markets.
3. Competitive pressure from established players and unorganised importers in the dry fruits segment.
4. Seasonal and crop-related supply disruptions can affect raw material availability.
1. Operates in the growing Indian dry fruits and nuts market, supported by rising health awareness and premium food consumption trends.
2. Integrated model spanning international sourcing, in-house processing, and multi-channel distribution supports margin management and quality control.
3. Five distinct revenue streams, including bulk B2B, wholesale, corporate gifting, modern trade, export, and D2C, reduce dependence on any single channel.
4. 100% fresh issue ensures all IPO proceeds are directed into business operations rather than promoter exits.
Adon Agro Commodities operates in India's premium dry fruits and nuts distribution segment, a market being reshaped by rising health consciousness, expanding organised retail, and growing festive and gifting demand. The company sits at the processing and distribution layer of a supply chain that spans international origins (USA, Afghanistan, UAE, Chile, Sri Lanka) and domestic end markets ranging from B2B bulk buyers to individual consumers on e-commerce platforms.
With its own processing facility, a multi-channel distribution model, and an expanding branded retail presence under Hunger Nuts, AACL is positioned to benefit from increasing consumer preference for packaged, quality-tested dry fruits over loose commodity purchases. The shift from unbranded to branded dry fruit consumption, particularly in urban and semi-urban India, creates a structural tailwind for companies with in-house processing and omnichannel reach.
मोफत डिमॅट अकाउंट उघडा
5paisa कम्युनिटीचा भाग बना - भारताचे पहिले लिस्टेड डिस्काउंट ब्रोकर.
पुढे सुरू ठेवण्याद्वारे, तुम्ही सर्व अटी व शर्ती* मान्य करता
एफएक्यू
The Adon Agro Commodities IPO opens for subscription on 29 June 2026 and closes on 1 July 2026.
IPO हा ₹44.03 कोटी रुपयांचा बुक-बिल्ट इश्यू आहे.
The price band has been fixed at ₹66 to ₹70 per equity share.
The IPO lot size is 4,000 shares. Retail investors must apply for a minimum of 2 lots amounting to ₹2,64,000 at the upper price band.
The basis of allotment is expected to be finalised on 2 July 2026.
The tentative listing date on BSE SME is 6 July 2026.
Galactico Corporate Services Limited is the book-running lead manager. KFin Technologies Limited is the registrar of the issue.
The company proposes to utilise the net proceeds for: (1) Funding incremental working capital requirements: ₹32.00 crore; (2) General corporate purposes: balance proceeds.
