Pajson Agro India IPO Description – Incorporated in 2021, Pajson Agro India is a leading player in the Indian cashew processing industry. The company acquired a cashew processing plant from Olam Agro India in Anakapalli, Andhra Pradesh, for INR 18.25 crore, spanning ~295,990 sq. ft. with advanced machinery. Initially operating with a capacity of 7,000 MT, the company scaled its processing capabilities to 12,000 MT in FY 2025 and currently operates at 18,000 MT.
The company processes raw cashew nuts (RCN) into cashew kernels, supplying to both domestic and international markets. In 2024, it launched its premium B2C dry fruits brand “Royal Mewa,” offering cashews, almonds, pistachios, and raisins through e-commerce (Amazon, JioMart, Meesho) and offline retail. The company operates via four sales verticals—Wholesale Mandis, Institutional Sales, Exports, and the B2C “Royal Mewa” brand—and is present across 18 states and 3 Union Territories.
Pajson Agro India’s institutional clients include Reliance Retail, Haldiram, Bikanervala, More Retail, Nutraj, and Farmley. It also exported cashews to the UAE in FY 2025. As of 31 July 2025, the company employed 465 permanent employees, with 91.18% being women, alongside 228 contractual workers.
Promoters of Pajson Agro India – Aayush Jain, Anjali Jain, and Pulkit Jain
Table of Contents
Pajson Agro India IPO Details
| Pajson Agro India IPO Dates | 11 – 15 December 2025 |
| Pajson Agro India Issue Price | INR 112 – 118 per share |
| Fresh Issue | 63,09,600 shares (INR 70.67 – 74.45 crore) |
| Offer For Sale | Nil |
| Total IPO Size | 63,09,600 shares (INR 70.67 – 74.45 crore) |
| Minimum Bid | 2,400 shares (INR 2,83,200) |
| Lot Size | 1,200 shares (INR 1,41,600) |
| Face Value | INR 10 per share |
| Individual Allocation | 35% |
| Listing On | BSE SME |
Pajson Agro India Financial Performance
| FY 2023 | FY 2024 | FY 2025 | H1 FY 2026 | |
| Revenue | 101.12 | 95.91 | 187.27 | 118.37 |
| Expenses | 101.11 | 91.42 | 159.95 | 99.35 |
| Net income | 0.02 | 3.35 | 20.42 | 14.20 |
Pajson Agro India Offer News
- Pajson Agro India RHP
- Pajson Agro India Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Pajson Agro India Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 0.01 | 1.92 | 11.67 |
| PE ratio | – | – | 9.60 – 10.11 |
| RONW (%) | 0.08 | 14.09 | 46.18 |
| NAV | 11.68 | 13.60 | 25.26 |
| ROCE (%) | 0.81 | 12.18 | 48.21 |
| EBITDA (%) | 1.09 | 5.98 | 16.16 |
| Debt/Equity | – | 0.61 | 0.33 |
Pajson Agro India IPO GMP Today
| Date | Consolidated IPO GMP | Subject to Sauda |
| Coming soon | – | – |
Pajson Agro India IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of () shares and the anchor investor portion of () shares are not included in the above calculations.
Pajson Agro India IPO Allotment Status
Pajson Agro India IPO allotment status will be available on the Bigshare Services website. Click on this link to get the allotment status.
Pajson Agro India IPO Dates & Listing Performance
| IPO Opening Date | 11 December 2025 |
| IPO Closing Date | 15 December 2025 |
| Finalization of Basis of Allotment | 16 December 2025 |
| Initiation of refunds | 17 December 2025 |
| Transfer of shares to demat accounts | 17 December 2025 |
| IPO Listing Date | 18 December 2025 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Pajson Agro India Offer Lead Manager
SMART HORIZON CAPITAL ADVISORS PRIVATE LIMITED
B/908, Western Edge II, Kanakia Space,
Behind Metro Mall, off Western Express Highway,
Magathane, Borivali East, Mumbai – 400066
Phone: 022-28706822
Email: [email protected]
Website: www.shcapl.com
Pajson Agro India Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri East, Mumbai – 400 093
Tel: 022 – 6263 8200
E-mail: [email protected]
Website: www.bigshareonline.com
Pajson Agro India Contact Details
PAJSON AGRO INDIA LIMITED
510, 5th Floor, Pearl Omaxe Tower, Netaji Subhash
Place, Pitampura, Shakur Pur I Block, North West
Delhi, Delhi, India, 110034
Phone: +011-43026646
E-mail: [email protected]
Website: www.pajsonagro.com
IPO FAQs
What is the Pajson Agro India offer size?
Pajson Agro India offer size is INR 70.67 – 74.45 crores.
What is the Pajson Agro India offer price band?
Pajson Agro India public offer price is INR 112 – 118 per share.
What is the lot size of the Pajson Agro India IPO?
Pajson Agro India offer lot size is 1,200 shares.
What is the Pajson Agro India IPO GMP today?
Pajson Agro India IPO GMP today is INR NA per share.
What is the Pajson Agro India kostak rate today?
Pajson Agro India kostak rate today is INR NA per application.
What is the Pajson Agro India IPO Subject to Sauda rate today?
Pajson Agro India Subject to Sauda rate today is INR NA per application.