Mumbai, Maharashtra, 26th of June 2026 : Another fast-growing company is set to enter the Indian stock market with an impressive growth story. Adon Agro Commodities Limited, the parent company of the dry fruits brand Hunger Nuts, will open its Initial Public Offering (IPO) on June 29. One of the company’s biggest highlights is its nearly 13-fold increase in operating revenue over the past three years, drawing significant attention from the industry.
Backed by strong financial performance, a global sourcing network, a state-of-the-art processing facility, and a rapidly expanding distribution network, the company is now looking to accelerate its next phase of growth through the capital markets.
Managing Director Narayanswamy Venkatakrishnan and Executive Director Jigisha Narayanswamy said, “We have built a small trading business into an internationally recognized enterprise based on quality and trust. This IPO will provide fresh momentum to our growth plans, and we remain committed to creating long-term value for our shareholders.”
Executive Director Shubham Ratan Sharma and Galactico Corporate Services CEO Vishal Sancheti added, “India’s dry fruits market is witnessing rapid growth. Our strong supply chain, established brand identity, and robust financial performance position us well to capitalize on this opportunity.”
The ₹44.03 crore SME IPO will primarily be used to meet the company’s working capital requirements and general corporate purposes. According to market experts, the company’s strong fundamentals and rapid growth trajectory could make this IPO an attractive opportunity for investors.
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