Adon Agro Commodities IPO: GMP among key details to know before subscription

Mumbai-based Adon Agro Commodities is set to launch its IPO with a minimum lot of 4,000 shares requiring about Rs 2.8 lakh at the upper price band, with Galactico Corporate Services as the book-running lead manager and KFin Technologies as registrar. The dry fruits, nuts, seeds and berries company, which sells under the Hunger Nuts brand, reported total income of Rs 287.3 crore and net profit of Rs 21.6 crore for the nine months ended January 2026, sharply higher than FY25 revenue of Rs 103 crore and profit of Rs 7.2 crore, with customer base expanding to 871 from 101. IPO proceeds will primarily fund incremental working capital requirements, with the balance earmarked for general corporate purposes.