Comparison between Adon Agro Commodities IPO and Earkart IPO.
Adon Agro Commodities IPO is a SME Fixed Price IPO proposed to list at BSE SME while Earkart IPO is a SME Fixed Price proposed to list at BSE SME.
| Adon Agro Commodities IPO | Earkart IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Galactico Corporate Services Ltd. | Sarthi Capital Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Adon Agro Commodities IPO is up to ₹41.82 Cr whereas the issue size of the Earkart IPO is up to ₹46.76 Cr. The final issue price of Adon Agro Commodities IPO is ₹70.00 per share and of Earkart IPO is ₹135.00 per share.
| Adon Agro Commodities IPO | Earkart IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹66.00 per share | |
| Issue Price (Upper) | ₹70.00 per share | |
| Issue Price (Final) | ₹70.00 per share | ₹135.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1000 shares |
| Fresh Issue Size | 59,74,000 shares | 31,30,000 shares |
| Fresh Issue Size (Amount) | up to ₹41.82 Cr | up to ₹42.26 Cr |
| OFS Issue Size | 0 shares | 3,34,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹4.51 Cr |
| Issue Size Total | 59,74,000 shares | 34,64,000 shares |
| Issue Size Total (Amount) | up to ₹41.82 Cr | up to ₹46.76 Cr |
Adon Agro Commodities IPO opens on Jun 29, 2026, while Earkart IPO opens on Sep 25, 2025. The closing date of Adon Agro Commodities IPO and Earkart IPO is Jul 01, 2026, and Sep 29, 2025, respectively.
| Adon Agro Commodities IPO | Earkart IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 29, 2026 | Sep 25, 2025 |
| Issue Close | Jul 01, 2026 | Sep 29, 2025 |
| Basis Of Allotment (Tentative) | Jul 02, 2026 | Sep 30, 2025 |
| Initiation of Refunds (Tentative) | Jul 03, 2026 | Oct 01, 2025 |
| Credit of Share (Tentative) | Jul 03, 2026 | Oct 01, 2025 |
| Listing date (Tentative) | Jul 06, 2026 | Oct 03, 2025 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Adon Agro Commodities IPO P/E ratio is 16.22, as compared to Earkart IPO P/E ratio of 20.48.
| Adon Agro Commodities IPO | Earkart IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 90.04 | 78.75 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.44 | 57.34 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.22 | 20.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹161.12 Cr. | ₹185.68 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 84.36 | 34.55 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 60.65 | 47.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.39 | 0.26 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.32 | ₹6.59 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 84.36 | 34.55 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Adon Agro Commodities IPO Retail Individual Investors (RII) are offered 29,60,000 shares while in Earkart IPO retail investors are offered 29,60,000 shares. Qualified Institutional Buyers (QIB) are offered 64,000 shares in Adon Agro Commodities IPO and 0 shares in Earkart IPO.
| Adon Agro Commodities IPO | Earkart IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 0 shares |
| Market Maker Reservation | 3,16,000 shares | 1,85,000 shares |
| QIB | 64,000 shares | 0 shares |
| NII | 29,50,000 shares | 17,32,000 shares |
| RII | 29,60,000 shares | 17,32,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 59,74,000 shares | 34,64,000 shares |
Adon Agro Commodities IPO subscribed 1.35x in total, whereas Earkart IPO subscribed 1.28x.
| Adon Agro Commodities IPO | Earkart IPO | |
|---|---|---|
| QIB (times) | 22.47x | |
| NII (times) | 1.41x | 2.20x |
| Big NII (times) | 1.82x | |
| Small NII (times) | 0.57x | |
| RII (times) | 0.84x | 0.35x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.35x | 1.28x |
