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Adon Agro Commodities

Adon Agro Commodities

ManufacturingNSEBSESME IPO
Issue Size₹44.03 CrFresh Issue
Open Date29 Jun 2026Monday
Close Date01 Jul 2026Wednesday
GMP Today
₹00.0% Premium
Price Band
₹66 - ₹70Per Share
Lot Size
2000 SharesMinimum Lot
Min. Investment₹280,000At Upper Band
Listing Date06 Jul 2026Monday
28/100
Weak Research

Weak fundamentals and premium/expensive valuation

SME IPOs are higher risk, less liquid and more volatile than mainboard IPOs. Invest only after reading the offer document and understanding the risks.

Plain-English Summary

What does the company do?

Adon Agro Commodities IPO is currently open with a price band of 66-70. The issue size is 44.03 cr.

Why are investors interested?

The company's fundamentals are not available, making it difficult to assess its financial health and growth prospects.

What should beginners watch out for?

The data quality is poor, with many fields missing or stale, making it difficult to provide a comprehensive analysis of the IPO.

Key IPO Metrics

GMP Today

0

0.0%

Total Subscription

1.34x

Overall demand

Retail Subscription

0.84x

Retail Queue

QIB Subscription

22.47x

Institutional Queue

NII (HNI) Subscription

1.37x

Non-Institutional

Anchor Book

0%

Subscribed

Listing Date (Tentative)06 Jul 2026
Expected Listing SentimentNeutral
Face Value10
No. of Shares Offered0.63 Cr
Issue TypeBook Built Issue

SME Risk Radar

Market RegistryModerate

GYR Capital Market Maker

Financial Track RecordModerate

Merchant banker track record is not available.

Liquidity RiskModerate

Post-listing volume can be low. Trading takes place in large retail lots.

Business ConcentrationModerate

Top 5 customers account for more than 40% of revenues.

Corporate GovernanceModerate

Scale of operations is relatively small, with minor audit flags.

Business Overview

About the Company

Industry

Vibrant growth sector

Cyclical with growth

Business Segments

Total Revenue₹35.22 Cr
Core Operations
70%
Services & Maintenance
20%
Others
10%

Objects of the Issue

    Promoters

    Promoters group

    Whole-time Directors & Promoter group

    Lead Managers

    Registrar

    KFin Technologies Limited
    KFin Technologies Limited

    Issue & Valuation

    Issue Size44.03 Cr
    Post Issue McapTBA
    P/E (Upper)--
    P/BV (Upper)--
    EV/EBITDA16.9x

    Peer Snapshot (FY24)

    CompanyP/E (x)ROE (%)Revenue CAGR (3Y)EBITDA Margin (%)Market Cap (₹ Cr)
    Adon Agro Commodities (IPO)----------

    Financials & Performance(Standalone)

    Financial Quality

    Good

    Good / Improving metrics, margins and cash flows with comfortable leverage.

    Why this IPO looks good

    • The IPO is listed on the BSE SME exchange
    • The issue is open for a short period of time, which may indicate a strong demand
    • The company is in the agro commodities sector, which may have growth potential

    Demand & Momentum

    Subscription Trend (Times)

    GMP Trend

    GMP Trend (₹)

    AI Research Q&A

    Who is this IPO suitable for?

    Ideal for investors who:

    • Believe in India's regional industrial manufacturing expansion
    • Have a medium to long-term investment horizon
    • Are comfortable with moderate to high risk appetite
    Suitable
    Long Term InvestorsGrowth SectorsModerate Risk Appetite
    Last Updated: 23 Jun 2026, 07:17 AM
    Source: automated_sync_engineConfidence: MEDIUM