{"id":134577,"date":"2026-06-30T01:40:00","date_gmt":"2026-06-29T20:10:00","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=134577"},"modified":"2026-06-29T17:01:32","modified_gmt":"2026-06-29T11:31:32","slug":"adon-agro-commodities-ipo-gmp-day-2","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/adon-agro-commodities-ipo-gmp-day-2\/","title":{"rendered":"Adon Agro Commodities IPO GMP Day 2: Nil Grey Market Premium as Subscription Stands at 0.22x"},"content":{"rendered":"
\u00a0<\/div>\n

Adon Agro Commodities IPO GMP Rs 0. Day 2 of subscription. Subscribed 0.22x on Day 1. Price band Rs 66-70. Lot 2,000. Issue Rs 44.03 Cr. BSE SME.<\/em><\/p>\n

The Adon Agro Commodities IPO GMP on Day 2 of subscription remains at Rs 0, with the grey market continuing to signal a flat listing at the upper price band of Rs 70. The Adon Agro Commodities IPO subscription on Day 1 stood at approximately 0.22x, indicating the issue is significantly undersubscribed at the end of the first day. A nil Adon Agro Commodities IPO GMP combined with low Day 1 subscription data suggests limited demand in both the formal and informal market at this stage.<\/p>\n

The Adon Agro Commodities IPO opened on June 29, 2026, and closes on July 1, 2026. The BSE SME issue is priced at Rs 66 to Rs 70 per share with a lot size of 2,000 shares. Retail investors must apply for a minimum of 2 lots (4,000 shares), amounting to Rs 2,80,000 at the upper price band. Historically, QIB and large HNI demand in SME issues tends to flow in on Day 3, so the current Adon Agro Commodities IPO subscription of 0.22x may not be the final picture.<\/p>\n

With nil Adon Agro Commodities IPO GMP and current undersubscription, investors applying at this stage face a high probability of full allotment if they subscribe at the retail level. However, a low subscription rate and nil GMP together reflect limited institutional and retail confidence in the valuation, which investors should factor into their decision alongside a review of the company’s financials.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
IPO Particulars<\/th>\nDetails<\/th>\n<\/tr>\n
IPO Open Date<\/strong><\/td>\nJune 29, 2026<\/td>\n<\/tr>\n
IPO Close Date<\/strong><\/td>\nJuly 1, 2026<\/td>\n<\/tr>\n
Allotment Date<\/strong><\/td>\nJuly 2, 2026<\/td>\n<\/tr>\n
Listing Date<\/strong><\/td>\nJuly 6, 2026 (BSE SME)<\/td>\n<\/tr>\n
Price Band<\/strong><\/td>\nRs 66 to Rs 70 per share<\/td>\n<\/tr>\n
Lot Size<\/strong><\/td>\n2,000 shares (min 2 lots = 4,000 shares = Rs 2,80,000)<\/td>\n<\/tr>\n
Issue Size<\/strong><\/td>\nRs 44.03 crore (100% fresh issue)<\/td>\n<\/tr>\n
GMP Day 2<\/strong><\/td>\nRs 0 (nil, flat listing at Rs 70 signalled)<\/td>\n<\/tr>\n
Day 1 Subscription<\/strong><\/td>\n0.22x (undersubscribed)<\/td>\n<\/tr>\n
Lead Manager<\/strong><\/td>\nGalactico Corporate Services Ltd.<\/td>\n<\/tr>\n
Registrar<\/strong><\/td>\nKFin Technologies Ltd.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

track live IPO GMP and subscription data on Univest Screener<\/strong><\/a><\/p>\n

Adon Agro Commodities Limited is engaged in the trading and distribution of agro commodities, primarily dry fruits and related products. The company had 871 customers as of January 2026, a significant jump from 101 customers in FY25, reflecting rapid customer base expansion. Adon Agro Commodities employs 62 people and operates from Akshar Business Park, with a distribution-led business model. IPO proceeds are intended for working capital requirements and branding, advertising and marketing activities to support growth. Investors should assess the company’s revenue consistency and profitability sustainability alongside the current nil Adon Agro Commodities IPO GMP before applying.<\/p>\n

Download the Univest iOS App<\/a> or Univest Android App<\/a> to check Adon Agro Commodities IPO GMP subscription and live updates.<\/em><\/p>\n

\n

Disclaimer:<\/strong> IPO GMP is an unofficial, unregulated indicator from the grey market and does not guarantee listing price or returns. Data in this article is sourced from publicly available information and may not be accurate. Please verify with NSE (nseindia.com) and BSE (bseindia.com) before investing. Investments in securities are subject to market risk. This is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n

\n
\n

Table of Contents<\/p>\nToggle<\/span><\/path><\/svg><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n