Pajson Agro India
BSE SME₹2,83,200 / Individual : 2400 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 12 Dec 2025, 12:12 PM |
| QIBs | 3.54 times |
| NII | 0.25 times |
| Total | 1.19 times |
Pajson Agro India IPO Details
The Pajson Agro India IPO price band is set between ₹112-118 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt.Ltd., and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 11 Dec, 2025 and closes on 15 Dec, 2025. Investors can check the allotment status on 16 Dec, 2025, while the listing date is tentatively scheduled for 18 Dec, 2025.
The total issue size is 63,09,600 shares, aggregating up to ₹74.75 crore. Stay tuned for the latest Pajson Agro India IPO review and GMP updates.
Pajson Agro India IPO Review, Rating & Analysis
Pajson Agro India IPO Review
NO REVIEWPajson Agro India IPO Rating
Pajson Agro India IPO Highlights
IPO Date
Dec 11, 2025 - Dec 15, 2025
Listing Date
18 Dec, 2025
Face Value
₹10 Per Equity Share
Price Band
₹112-118 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Pajson Agro India IPO Lot Size
The minimum market lot for Pajson Agro India IPO is 2400 shares with an application amount of ₹2,83,200. Retail investors can apply for up to 0 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2400 | ₹2,83,200 |
| Retail (Max) | 0 | 0 | ₹0 |
| S-HNI (Min) | 1 | 2400 | ₹2,83,200 |
| S-HNI (Max) | 3 | 7200 | ₹8,49,600 |
| B-HNI (Min) | 4 | 9600 | ₹11,32,800 |
Pajson Agro India IPO Timeline
Issue Price
₹112-118 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt.Ltd.Lead Manager
Smart Horizon Capital Advisors Pvt.Ltd.Issue Size
63,09,600 shares(aggregating up to ₹74.75 crore)Pajson Agro India IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30-Sep-25 | 151.63 | 118.37 | 14.20 | 58.40 | 40.90 | 40.04 |
| 31-Mar-25 | 65.73 | 187.28 | 20.42 | 44.21 | 40.71 | 14.57 |
| 31-Mar-24 | 55.39 | 96.04 | 3.35 | 23.79 | 20.29 | 14.57 |
| 31-Mar-23 | 50.17 | 101.13 | 0.02 | 20.44 | 16.94 | 0.00 |
In Cr.
Pajson Agro India IPO Reservation Details
| Investor Category | Shares Offered | % Shares |
|---|---|---|
| Anchor Investor Shares Offered | 1772400 | 28.09% |
| Market Maker Shares Offered | 357600 | 5.67% |
| QIB Shares Offered | 1182000 | 18.73% |
| NII (HNI) Shares Offered | 900000 | 14.26% |
| bNII > ₹10L | 600000 | 9.39% |
| sNII < ₹10L | 300000 | 4.85% |
| Individual Shares Offered | 2097600 | 33.24% |
| Total Shares Offered | 6309600 | 100% |
Pajson Agro India IPO Documents
Pajson Agro India IPO Valuations
EPS Pre IPO
₹11.67/-EPS Post IPO
₹11.92/-PE Pre IPO
10.11PE Post IPO
9.90ROE
60.05%ROCE
48.21%Debt Equity
0.33RoNW
46.18%PAT Margin
10.90%Price to Book Value
4.67Promoters & Share Holding
Promoter(s) Name
- Aayush Jain
- Anjali Jain
- Pulkit Jain
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 85% | 62.47% |
About Company
Incorporated in 2021, Pajson Agro India processes raw cashew nuts into cashew kernels and supply them to domestic and international markets. It sells in bulk and also in retail packs under its white-label brand Royal Mewa, in the dry fruits segment. Further, it sells by-products such as cashew husk and shells for industrial and agricultural use.
Sales and Distribution Channels: Sales operate through four verticals-1. Wholesale Mandis (Local markets), 2. Institutional Sales (to retail chains, food brands, etc.), exports, and B2C/Royal Mewa brand. Currently, the company operates in 18 states and 3 Union Territories of India.
It has a cashew processing plant in Visakhapatnam, Anakapalli, Andhra Pradesh, spread over 295,990.20 square feet with a capacity of 18,000 metric tonnes. Additionally, it has a dedicated packaging unit. Its processing facility consists of shelling, peeling, cleaning, grading, sorting, and related handling equipment.
As of July 31, 2025, it has 465 permanent employees.
Pajson Agro India IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 11,82,000 | 9,00,000
6,00,000
3,00,000
| 20,97,600 | 41,79,600 |
Day 111-12-25 05:00 PM | 3.54 x | 0.18
0.22 x
0.10 x
| 0.09 x | 1.08 x |
Pajson Agro India IPO - Issue Objectives & Utilisation of proceeds
| Objectives | Amount |
|---|---|
| Capital Expenditure towards Establishment of a Second Cashew Processing Facility at Vizianagaram, Andhra Pradesh | - |
| General Corporate Purpose | - |
Company Contact Details
Pajson Agro India
510, 5th Floor, Pearl Omaxe Tower Netaji Subhash Place, Pitampura Shakur Pur I Block, North West Delhi Delhi, New Delhi, 110034Registrar Contact Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Frequently Asked Questions about Pajson Agro India IPO
When will Pajson Agro India IPO open for subscription?
The Pajson Agro India IPO opens on 11 Dec, 2025 and closes on 15 Dec, 2025.
What is the investors portion for Pajson Agro India IPO?
The investors' portion for QIB is 3.54 x, NII is 0.22 x, and Retail is 0.09 x.
How to apply for Pajson Agro India IPO?
You can apply for Pajson Agro India IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Pajson Agro India IPO?
The issue size of Pajson Agro India IPO is approx ₹63,09,600 shares(aggregating up to ₹74.75 crore) crores.
What is the price band of Pajson Agro India IPO?
The price band for Pajson Agro India IPO is ₹112 to ₹118 per equity share.
What is the lot size of Pajson Agro India IPO?
The minimum bid (lot size) for Pajson Agro India IPO is 1200 shares with an investment of approx ₹2,83,200 .
What is the allotment date of Pajson Agro India IPO?
The allotment date for Pajson Agro India IPO is 16 Dec, 2025.
What is the listing date of Pajson Agro India IPO?
The listing date for Pajson Agro India IPO is expected to be 18 Dec, 2025.
What is the GMP of Pajson Agro India IPO?
The latest Grey Market Premium (GMP) for Pajson Agro India IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.