Mumbai, July 6 -- The scrip was listed at Rs 78.25, a 11.79% premium to the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 82.16 and a low of Rs 78.25. About 31.04 lakh shares of the company changed hands at the counter.

Adon Agro Commodities' IPO was subscribed 1.34 times. The issue opened for bidding on 29 June 2026 and it closed on 1 July 2026. The price band of the IPO was fixed between Rs 66 to Rs 70 per share.

The IPO comprised a fresh issue of 62,90,000 shares. The company intends to utilise the net proceeds from the IPO to fund its incremental working capital requirements and for general corporate purposes.

Adon Agro Commodities sour...