Comparison between Adon Agro Commodities IPO and Clear Secured IPO.
Adon Agro Commodities IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Clear Secured IPO is a SME Bookbuilding proposed to list at NSE SME.
| Adon Agro Commodities IPO | Clear Secured IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Galactico Corporate Services Ltd. | Horizon Management Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Shreni Shares Ltd. | Choice Equity 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 Clear Secured IPO is up to ₹81.31 Cr. The final issue price of Adon Agro Commodities IPO is ₹70.00 per share and of Clear Secured IPO is ₹132.00 per share.
| Adon Agro Commodities IPO | Clear Secured IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹66.00 per share | ₹125.00 per share |
| Issue Price (Upper) | ₹70.00 per share | ₹132.00 per share |
| Issue Price (Final) | ₹70.00 per share | ₹132.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1000 shares |
| Fresh Issue Size | 59,74,000 shares | 61,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹41.82 Cr | up to ₹81.31 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 | 61,60,000 shares |
| Issue Size Total (Amount) | up to ₹41.82 Cr | up to ₹81.31 Cr |
Adon Agro Commodities IPO opens on Jun 29, 2026, while Clear Secured IPO opens on Dec 01, 2025. The closing date of Adon Agro Commodities IPO and Clear Secured IPO is Jul 01, 2026, and Dec 03, 2025, respectively.
| Adon Agro Commodities IPO | Clear Secured IPO | |
|---|---|---|
| Anchor Bid Date | Nov 28, 2025 | |
| Issue Open | Jun 29, 2026 | Dec 01, 2025 |
| Issue Close | Jul 01, 2026 | Dec 03, 2025 |
| Basis Of Allotment (Tentative) | Jul 02, 2026 | Dec 04, 2025 |
| Initiation of Refunds (Tentative) | Jul 03, 2026 | Dec 05, 2025 |
| Credit of Share (Tentative) | Jul 03, 2026 | Dec 05, 2025 |
| Listing date (Tentative) | Jul 06, 2026 | Dec 08, 2025 |
| Anchor Lockin End date 1 | Jan 02, 2026 | |
| Anchor Lockin End date 2 | Mar 03, 2026 |
Adon Agro Commodities IPO P/E ratio is 16.22, as compared to Clear Secured IPO P/E ratio of 23.36.
| Adon Agro Commodities IPO | Clear Secured IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 90.04 | 99.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 65.44 | 73.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.22 | 23.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹161.12 Cr. | ₹317.42 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 84.36 | 10.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 60.65 | 23.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.39 | 1.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.32 | ₹5.65 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 84.36 | 10.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Adon Agro Commodities IPO Retail Individual Investors (RII) are offered 29,60,000 shares while in Clear Secured IPO retail investors are offered 29,60,000 shares. Qualified Institutional Buyers (QIB) are offered 64,000 shares in Adon Agro Commodities IPO and 12,32,000 shares in Clear Secured IPO.
| Adon Agro Commodities IPO | Clear Secured IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 18,48,000 shares |
| Market Maker Reservation | 3,16,000 shares | 3,25,000 shares |
| QIB | 64,000 shares | 12,32,000 shares |
| NII | 29,50,000 shares | 9,24,000 shares |
| RII | 29,60,000 shares | 21,56,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 59,74,000 shares | 61,60,000 shares |
Adon Agro Commodities IPO subscribed 1.35x in total, whereas Clear Secured IPO subscribed 6.18x.
| Adon Agro Commodities IPO | Clear Secured IPO | |
|---|---|---|
| QIB (times) | 22.47x | 9.98x |
| NII (times) | 1.41x | 12.51x |
| Big NII (times) | 1.82x | 14.66x |
| Small NII (times) | 0.57x | 8.20x |
| RII (times) | 0.84x | 6.60x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.35x | 6.18x |
