Adon Agro Commodities Limited

Total Issue Size

₹44.03 Cr

62,90,000 shares

Fresh Issue

₹44.03 Cr

62,90,000 shares

Offer for Sale

₹0 Cr

Face Value

₹10 per share

Issue Type

Book-built IPO

Listing At

BSE SME

Shares Pre-Issue

1,67,27,270

Shares Post-Issue

2,30,17,270

1. Offer opens

   29 Jun 2026

2. Offer closes

   1 Jul 2026

3. Allotment

   2 Jul 2026

4. Listing

   6 Jul 2026

• QIB1.0%64,000 shares
• HNI46.9%29,50,000 shares
• Retail47.1%29,60,000 shares
• MarketMaker5.0%3,16,000 shares

Adon Agro Commodities Ltd. is primarily engaged in the sourcing, importing, processing, packing and distribution of dry fruits, nuts, seeds and berries. The company's product portfolio includes almonds, cashews, walnuts, pistachios, raisins, dried dates, apricots, figs, and assorted dry fruit mixes, offered across multiple grades, forms, and pack sizes. Products are sold in bulk unprocessed form as well as in processed and packaged formats under the Company's proprietary retail brand, Hunger Nuts, which offers variants in pack sizes ranging from 250 grams to 30 kilograms. The Company also undertakes corporate and festive gifting through curated dry fruit hampers and customised assortments. The Company sources raw materials from domestic markets as well as internationally from the UAE, Afghanistan, USA, Chile, and Sri Lanka. Its in-house processing facility, located at MIDC Mahape, Navi Mumbai, is equipped for mechanical cracking of almonds, manual cracking and grading of walnuts, cleaning, sorting, roasting, flavouring, and packaging operations. The Company commenced dry fruits processing operations in FY 2025-26, with an installed capacity of 4,800 tonnes per annum for almonds and 2,000 tonnes per annum for walnuts. Revenue is generated across five business verticals comprising containerised bulk B2B sales, wholesale and corporate gifting sales, modern trade supply to organised retail chains, export sales, and direct-to-consumer sales through its own website and third-party e-commerce platforms. The company served 871customers as of Jan 31, 2026, compared to 101 customers in FY 2024-25. As of Jan 31, 2026, the Company had 62 employees. Competitive Strengths Integrated Operating Model Diversified Product Portfolio In-house Processing Capabilities Multiple Distribution Channels International Sourcing Network

• Funding incremental working capital requirements (₹32.00 Cr)
• General Corporate Purpose (₹6.44 Cr)
• Issue Expenses (₹5.59 Cr)

• Narayanswamy Venkitkrishnan
• Jigisha Narayanswamy
• Shubham Ratan Sharma

Book running lead managers

• Galactico Corporate Services Ltd.

Registered office

Office No.I-3029, 3rd Floor, Akshar Business Park, Sector 25, Plot No.3, Janta Market Road, Vashi, Navi Mumbai, Sanpada, Thane, Maharashtra, 400703

Market maker

Shreni Shares Ltd.

• DRHPDraft Red Herring Prospectus
• RHPRed Herring Prospectus