Adon Agro Commodities share price hits upper circuit after listing at a 12% premium; details here

Adon Agro Commodities listed at ₹78.25 on BSE SME, a 12% premium over the issue price of ₹70, and quickly hit the upper circuit at ₹82.16, about 17% above issue price. The SME IPO, which raised ₹44.03 crore through a fresh issue of 62.9 lakh shares, was subscribed around 1.4 times. Revenue grew sharply from ₹22.33 crore in FY23 to ₹103.04 crore in FY25, with profit rising from ₹0.09 crore to ₹7.22 crore.