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Pajson Agro India IPO
6.50xsubscribed

Pajson Agro India IPO

Agriculture
listed
₹2.69LMin. investment

Pajson Agro India Limited IPO Details

SectorAgriculture
Price range₹112 – ₹118
IPO type
SME
Lot size1200 shares
Issue size₹74Cr
Red Herring Prospectus
Read
Market cap
₹280.95CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹187.27CrLower than sector avg
Growth rate3Y CAGR
36.08%

Pajson Agro India IPO Subscription Status

Date
QIB
NII
Retail
Total
11-Dec-25
0.05 times (X)
0.12 times (X)
0.09 times (X)
1.08 times (X)
12-Dec-25
0.35X
0.42X
0.55X
2.47X
15-Dec-25
0.43X
6.53X
3.75X
6.5X

As on 11-Dec-25, 5:30 PM

Pajson Agro India IPO Timeline

  1. Pre-apply
    10 Dec 2025
  2. Bid start
    11 Dec 2025
  3. Bid end
    15 Dec 2025
  4. Allotment
    16 Dec 2025
  5. Release of funds
    17 Dec 2025
  6. Demat transfer
    17 Dec 2025
  7. Listing
    18 Dec 2025

About Pajson Agro India Limited

Pajson Agro India Limited is a company that converts raw cashew nuts into processed cashew kernels for both the domestic and international markets. Apart from using raw cashew nuts, the company sells a range of dry fruits under the white-label brand "Royal Mewa". Pajson offers multiple grades, which are packaged for wholesale customers as well as for retail consumers.
The company has 4 distribution channels: wholesale mandis, institutional sales, exports, and B2C (Royal Mewa), through which it provides services in 18 states and 3 union territories. Among its institutional clients there are Bikanervala, More Retail, Nutraj, Farmley, Reliance Retail, and Haldiram. It also initiated exports to the UAE in FY25.
By segment, processing was the major contributor to revenue at 99.25%, while white label branding and miscellaneous revenue accounted for 0.71% and 0.04% respectively. In the B2B sector, wholesaler/distributor/retailer/trader manufacturer was responsible for 60.84% of the total revenue, institutions for 38%, and service provider for 0.17% as of September 2025. The company's regional revenue was primarily from Delhi, Andhra Pradesh, and Rajasthan.

Checklist

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Objectives of Pajson Agro India Limited IPO

Capital Expenditure
76.56%
The company will use up to ₹57 crore to establish another cashew processing facility.
General corporate purpose
23.44%
Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹187.27Cr36.08%₹20.42Cr₹280.95Cr10.110.33
This sector (avg.)₹459.44Cr---₹41.49Cr₹706.44Cr75.040.31
₹18,298.01Cr---₹2,199.36Cr₹11,995.88Cr10.620.28
₹1,204.97Cr---₹282.28Cr₹4,762.34Cr15.850
₹1,561.03Cr---₹88.31Cr₹3,248.7Cr26.730.24

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Pajson Agro India IPO Contact Details

Company NamePajson Agro India Limited

How to apply for Pajson Agro India IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Pajson Agro India Limited IPO FAQs