Adon Agro Commodities IPO Subscribed 1.35 Times on Day 3

Adon Agro Commodities Limited's initial public offering (IPO) closed its three-day subscription window at 1.35 times overall subscription by 5:03 PM on Day 3 (July 1, 2026). The ₹44.03 crore book-build issue, priced at ₹66 to ₹70 per share, received bids for 80,84,000 shares against 59,74,000 shares on offer, with total applications reaching 775.

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Subscription Status of Aastha Spintex IPO

Here are the subscription details for Adon Agro Comodities IPO Day 3, as of 5:04 PM:

Key Highlights- Day 3

• Overall subscription crossed full subscription at 1.35 times, improving from Day 2's 0.73 times, driven by NII demand crossing full subscription on the final day.
• Non-institutional investors crossed full subscription at 1.41 times, improving from Day 2's 0.60 times, with bNII at 1.83 times against sNII's subdued 0.57 times.
• Qualified institutional buyers (ex-anchor) held steady at 22.47 times, unchanged from Day 2.
• Individual investors improved to 0.84 times from Day 2's 0.39 times, though participation remained below full subscription.
• Total applications reached 775 on Day 3.

Key Highlights – Day 2

• Overall subscription reached 0.73 times, improving from Day 1's 0.48 times.
• Qualified institutional buyers (ex-anchor) improved to 22.47 times from Day 1's 11.88 times, with all institutional bids entering by Day 2.
• Non-institutional investors improved to 0.60 times from Day 1's 0.43 times, with bNII at 0.80 times and sNII at 0.19 times.
• Individual investors improved to 0.39 times from Day 1's 0.29 times.

Key Highlights – Day 1

• Overall subscription reached 0.48 times on Day 1 (June 29, 2026), reflecting moderate initial investor interest in this dry fruits processing and trading SME IPO.
• Qualified institutional buyers (ex-anchor) showed strong opening participation at 11.88 times on Day 1.
• Non-institutional investors recorded 0.43 times, with bNII at 0.61 times and sNII at 0.06 times on Day 1.
• Individual investors showed subdued participation at 0.29 times on Day 1.

About Adon Agro Commodities Limited

Adon Agro Commodities Limited is engaged in the sourcing, importing, processing, packing, and distribution of dry fruits, nuts, seeds, and berries including almonds, cashews, walnuts, and pistachios under the proprietary brand Hunger Nuts. The company operates an in-house processing facility at MIDC Mahape, Navi Mumbai, with an installed capacity of 4,800 tonnes per annum for almonds and 2,000 tonnes per annum for walnuts, sourcing raw materials from the UAE, Afghanistan, the USA, Chile, and Sri Lanka. As of January 31, 2026, the company served 871 customers and had 62 employees.