Pajson Agro India Limited – IPO
Pajson Agro India Limited – IPO Details
| IPO Date | December 11, 2025 to December 15, 2025 |
| Listing Date | December 18, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 112 to ₹ 118 / Share |
| Lot Size | 1200 Shares |
| Total Issue Size | 63,09,600 shares (Aggregating up to ₹74.45 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,74,99,995 shares |
| Share holding post issue | 2,38,09,595 shares |
| Market Maker portion |
Pajson Agro India Limited Timeline (Tentative Schedule)
Pajson Agro India Limited IPO opens on December 11, 2025, and closes on December 15, 2025.
| IPO Open Date | December 11, 2025 |
| IPO Close Date | December 15, 2025 |
| Basis of Allotment | December 16, 2025 |
| Initiation of Refunds | December 17, 2025 |
| Credit of Shares to Demat | December 17, 2025 |
| Listing Date | December 18, 2025 |
| Cut-off time for UPI mandate confirmation | December 15, 2025 |
Pajson Agro India Limited IPO Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | Rs.283,200 |
| Retail (Max) | 2 | 2,400 | Rs.283,200 |
| S-HNI (Min) | 3 | 3,600 | Rs.424,800 |
| S-HNI (Max) | 7 | 8,400 | Rs.991,200 |
| B-HNI (Min) | 8 | 9,600 | Rs.1,132,800 |
| HNI (Min) |
Pajson Agro India Limited IPO Promoter Holding
| Share Holding Pre Issue | 85% |
| Share Holding Post Issue | 62.47% |
Pajson Agro India Limited IPO Reservation
Pajson Agro India IPO offers a total of 63,09,600 shares. Out of which 29,54,400 (46.82%) allocated to QIB, 11,82,000 (18.73%) allocated to QIB (Ex- Anchor), 9,00,000 (14.26%) allocated to NII, 20,97,600 (33.24%) allocated to RII, and 17,72,400 (28.09%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | 3,57,600 (5.67%) |
|
| Other Shares Offered | |
|
| QIB Shares Offered | 29,54,400 (46.82%) |
|
| NII (HNI) Shares Offered | 9,00,000 (14.26%) |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 20,97,600 20,97,600 |
|
| Employee Shares Offered | |
|
| Total Shares Offered | 63,09,600 (100.00%) |
Pajson Agro India Limited IPO Anchor Investors Details
Pajson Agro India IPO raises ₹20.91 crore from anchor investors. Pajson Agro India IPO Anchor bid date is December 10, 2025.
| Bid Date | 2025-12-10 |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | 20.91 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 15, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | March 16, 2026 |
About Pajson Agro India Limited
Incorporated in 2021, Pajson Agro India processes raw cashew nuts into cashew kernels and supply them to domestic and international markets. The company sell in bulk and also in retail packs under our white-label brand Royal Mewa (dry fruits segment). Further, it sells by-products (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 across 295,990.20 square feet with a capacity of 18,000 metric tonnes. Also, it has a dedicated packaging unit. Its processing facility includes shelling, peeling, cleaning, grading, sorting, and related handling equipment.
As on July 31, 2025, it has 465 permanent employees.
Competitive Strengths
- Strategically Located Processing Facility with Modern Machineries
- In-house packaging unit
- Leveraging the experience and network of our Promoters
- Efficient Procurement and Raw Material Management
- Diverse Customer Base
- Strong Wholesaler Network and Customer Loyalty
Key Performance Indicator
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 60.05% |
| ROCE | 48.21% |
| Debt/Equity | 0.33 |
| RoNW | 46.18% |
| P/BV | 4.67 |
| PAT Margin (%) | 10.90% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 11.67 | 11.92 |
| P/E (x) | 10.11 | 9.9 |
Note:
- The Pre IPO EPS is calculated based on Pre issue shareholding as on the date of RHP and the latest FY earnings as of March 31, 2025, which is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2025, which is available in RHP.
Objects of the Issue (Pajson Agro India Limited IPO Objectives)
Pajson Agro India Limited Contact Details
Pajson Agro India Ltd. 510, 5th Floor, Pearl Omaxe Tower Netaji Subhash Place, Pitampura Shakur Pur I Block, North West Delhi Delhi, New Delhi, 110034 Phone: 011-43026646 Email: [email protected] Website: http://www.pajsonagro.com/ |
Pajson Agro India Limited IPO Registrar
Bigshare Services Pvt.Ltd. Phone: +91-22-6263 8200 Email: [email protected] |