Shares of Adon Agro Commodities made a strong stock market debut on Monday, listing at a premium of nearly 12% on the BSE SME platform. The stock opened at Rs 78.25, up 11.79% over its IPO price of Rs 70. The listing exceeded unlisted market expectations, as the stock was commanding a grey market premium (GMP) of nil ahead of its debut, indicating an expected flat listing.
The Rs 44.03 crore IPO comprised an entirely fresh issue of 62.9 lakh equity shares. The public issue was open for subscription from June 29 to July 1, 2026, while the share allotment was finalised on July 2.
