Adon Agro Commodities Ltd - IPO

Adon Agro Commodities Ltd IPO Details

Public issue of upto 23,22,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Adon Agro Commodities Limited (Adon Agro), or the Company or the Issuer) for cash at a price of Rs.[*] per equity share including a share premium of Rs.[*] per equity share (the Issue price) Aggregating to Rs. [*] crores (the Issue), of which [*] equity shares of face value of Rs. 10/- each for cash at a price of Rs.[*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs.[*] crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e., Net issue of [*] equity shares of face value of Rs.10/- each at a price of Rs.[*] per equity share including a share premium of Rs.[*] per equity share aggregating to Rs.[*] crores is herein after referred to as the Net Issue. The issue and the net issue will constitute [*]% and [*]% respectively of the post issue paid up equity share capital of the company.The face value of equity shares is Rs.10/- each. The issue price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Funding working capital requirements of the company. Branding, Advertisement and Marketing Activities. Setting up of processing and packaging unit. General Corporate Purpose.

Adon Agro Commodities Ltd Contact Details

Adon Agro Commodities Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - cs@adonagrocommodities.com

Website - https:, www.adonagrocommodities.com