Comparison between Adon Agro Commodities IPO and Aptus Pharma IPO.
Adon Agro Commodities IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Aptus Pharma IPO is a SME Bookbuilding proposed to list at BSE SME.
| Adon Agro Commodities IPO | Aptus Pharma IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Galactico Corporate Services Ltd. | Interactive Financial Services Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Market-Hub Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | 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 Aptus Pharma IPO is up to ₹12.36 Cr. The final issue price of Adon Agro Commodities IPO is ₹70.00 per share and of Aptus Pharma IPO is ₹70.00 per share.
| Adon Agro Commodities IPO | Aptus Pharma IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹66.00 per share | ₹65.00 per share |
| Issue Price (Upper) | ₹70.00 per share | ₹70.00 per share |
| Issue Price (Final) | ₹70.00 per share | ₹70.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 2000 shares |
| Fresh Issue Size | 59,74,000 shares | 17,66,000 shares |
| Fresh Issue Size (Amount) | up to ₹41.82 Cr | up to ₹12.36 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 59,74,000 shares | 17,66,000 shares |
| Issue Size Total (Amount) | up to ₹41.82 Cr | up to ₹12.36 Cr |
Adon Agro Commodities IPO opens on Jun 29, 2026, while Aptus Pharma IPO opens on Sep 23, 2025. The closing date of Adon Agro Commodities IPO and Aptus Pharma IPO is Jul 01, 2026, and Sep 25, 2025, respectively.
| Adon Agro Commodities IPO | Aptus Pharma IPO | |
|---|---|---|
| Anchor Bid Date | Sep 22, 2025 | |
| Issue Open | Jun 29, 2026 | Sep 23, 2025 |
| Issue Close | Jul 01, 2026 | Sep 25, 2025 |
| Basis Of Allotment (Tentative) | Jul 02, 2026 | Sep 26, 2025 |
| Initiation of Refunds (Tentative) | Jul 03, 2026 | Sep 29, 2025 |
| Credit of Share (Tentative) | Jul 03, 2026 | Sep 29, 2025 |
| Listing date (Tentative) | Jul 06, 2026 | Sep 30, 2025 |
| Anchor Lockin End date 1 | Oct 26, 2025 | |
| Anchor Lockin End date 2 | Dec 25, 2025 |
Adon Agro Commodities IPO P/E ratio is 16.22, as compared to Aptus Pharma IPO P/E ratio of 11.29.
| Adon Agro Commodities IPO | Aptus Pharma IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 90.04 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.44 | 72.89 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.22 | 11.29 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹161.12 Cr. | ₹48.02 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 84.36 | 44.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 60.65 | 45.66 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.39 | 1.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.32 | ₹6.20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 84.36 | 44.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Adon Agro Commodities IPO Retail Individual Investors (RII) are offered 29,60,000 shares while in Aptus Pharma IPO retail investors are offered 29,60,000 shares. Qualified Institutional Buyers (QIB) are offered 64,000 shares in Adon Agro Commodities IPO and 3,52,000 shares in Aptus Pharma IPO.
| Adon Agro Commodities IPO | Aptus Pharma IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 5,28,000 shares |
| Market Maker Reservation | 3,16,000 shares | 94,000 shares |
| QIB | 64,000 shares | 3,52,000 shares |
| NII | 29,50,000 shares | 2,66,000 shares |
| RII | 29,60,000 shares | 6,20,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 59,74,000 shares | 17,66,000 shares |
Adon Agro Commodities IPO subscribed 1.35x in total, whereas Aptus Pharma IPO subscribed 15.61x.
| Adon Agro Commodities IPO | Aptus Pharma IPO | |
|---|---|---|
| QIB (times) | 22.47x | 1.24x |
| NII (times) | 1.41x | 28.75x |
| Big NII (times) | 1.82x | 30.64x |
| Small NII (times) | 0.57x | 24.93x |
| RII (times) | 0.84x | 31.43x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.35x | 15.61x |
