Adon Agro Commodities has fixed the price band for its initial public offering at ₹66 to ₹70 per share, setting the stage for a ₹44 crore capital raise.
The company will issue 62.90 lakh fresh equity shares, with the book-building process scheduled to open for subscription on June 29, 2026.
The proceeds from the offering are earmarked to strengthen the company’s market position, particularly through the expansion of its premium dry fruit brand, Hunger Nuts.
As an integrated agro-commodity player, Adon Agro is leveraging the public markets to scale its branded consumer business alongside its core commodity operations.
The IPO arrives as Indian equity markets continue to see robust activity from new listings, with recent issues such as Advit Jewels attracting significant investor interest.
Adon Agro’s entry into the public sphere adds to the pipeline of mid-cap opportunities in the consumer and agro-processing sectors, offering investors exposure to a business model that bridges commodity trading with branded retail products.