Adon Agro Commodities IPO Details

The Company is engaged in the sourcing, processing, packaging, marketing, and distribution of a wide range of dry fruits and nuts. Its product portfolio includes almonds, cashews, walnuts, pistachios, raisins, dried dates, apricots, figs, and assorted dry fruit mixes. These products are offered in multiple grades, forms, and packaging configurations to cater to diverse customer requirements.

The Company markets its products in both unprocessed bulk form and value-added processed and packaged formats under its proprietary retail brand, Hunger Nuts. The brand offers products in pack sizes ranging from 250 grams to 30 kilograms, serving retail consumers, institutional buyers, and commercial customers.

In addition to its core product offerings, the Company provides corporate and festive gifting solutions through curated dry fruit hampers and customized assortments designed for businesses, institutions, and special occasions.

Sourcing and Supply Chain

The Company procures raw materials from both domestic and international markets to ensure product quality, supply continuity, and a diversified sourcing network. Its international sourcing footprint includes suppliers located in the United Arab Emirates (UAE), Afghanistan, the United States of America (USA), Chile, and Sri Lanka.

Processing Infrastructure

The Company operates an in-house processing facility located at MIDC Mahape, Navi Mumbai. The facility is equipped with modern processing capabilities, including:

• Mechanical cracking of almonds
• Manual cracking and grading of walnuts
• Cleaning and sorting operations
• Roasting and flavouring processes
• Packaging and quality control activities

The Company commenced processing operations during FY 2025-26. As of November 30, 2025, the facility had an installed annual processing capacity of approximately 4,800 tonnes for almonds and 2,000 tonnes for walnuts.

Business Verticals and Revenue Streams

The Company's revenue is generated through five key business verticals:

1. Containerized bulk sales to B2B customers
2. Wholesale distribution and corporate gifting sales
3. Supply to organized retail and modern trade chains
4. Export sales
5. Direct-to-consumer (D2C) sales through its own website and third-party e-commerce platforms

This diversified business model enables the Company to serve a broad customer base across domestic and international markets.

Geographic Presence and Expansion

As of November 30, 2025, the Company had established a presence across 19 states in India. During FY 2025-26, it also commenced export operations to the UAE, marking its entry into international markets.

To strengthen its global sourcing, trading, and distribution capabilities, the Company incorporated a wholly owned subsidiary, Adon Agro Trading L.L.C., in Dubai, UAE, in November 2025.

Customer Base and Human Resources

The Company has demonstrated significant growth in its customer base, serving 794 customers as of November 30, 2025, compared to 101 customers during FY 2024-25.

As of November 30, 2025, the Company employed 51 personnel, including directors, key managerial personnel, and senior management professionals. Its workforce supports various functions, including sales and marketing, information technology, finance, supply chain management, and plant operations.