Adon Agro Commodities IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 11.88 | 22.47 | 22.47 |
| NII | 0.43 | 0.60 | 1.41 |
| RII | 0.29 | 0.39 | 0.84 |
| Total | 0.48 | 0.73 | 1.35 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Adon Agro Commodities IPO minimum market lot is 4,000 shares with ₹2,80,000 application amount. The Adon Agro Commodities IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
Adon Agro Commodities has been involved in the sourcing, importing, processing, packing, and distribution of dry fruits, nuts, seeds, and berries. Its product range includes almonds, cashews, walnuts, raisins, pistachios, dates, apricots, and other related products.
The firm sells its products in bulk in unprocessed form as well as in processed and packaged format in sizes ranging from 250 grams to 30 kilograms under its brand Hunger Nuts. Adon Agro sources its raw materials from both domestic and international markets in the UAE, Afghanistan, the USA, Chile, and Sri Lanka.
Its manufacturing facility is located at Navi Mumbai, which includes machines for cracking of almonds, manual cracking and grading of walnuts, cleaning, sorting, roasting, flavouring, and packaging operations. Moreover, the company generates its revenue via 5 different segments: Containerised Bulk B2B Sales, Wholesale and Corporate Gifting Sales, Modern Trade Supply, Export Sales, and Direct-to-Consumer (D2C) Sales.
Adon Agro Commodities IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Adon Agro Commodities IPO Review and Rating
- May Apply For Long-term View
Adon Agro Commodities IPO Form
How to apply for the Adon Agro Commodities IPO? You can apply for Adon Agro Commodities IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Adon Agro Commodities IPO in the Invest section. The other option is you can apply for Adon Agro Commodities IPO via IPO forms downloaded online. Check out the Adon Agro Commodities forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
