
Pajson Agro India IPO
Pajson Agro India IPO
Overview
Pajson Agro India IPO is a book build issue of ₹74.45 crores. The issue is entirely a fresh issue of 0.63 crore shares of ₹74.45 crore. Pajson Agro India IPO opens for subscription on Dec 11, 2025 and closes on Dec 15, 2025. The allotment for the Pajson Agro India IPO is expected to be finalized on Dec 16, 2025. Pajson Agro India IPO will list on BSE SME with a tentative listing date fixed as Dec 18, 2025. Pajson Agro India IPO price band is set at ₹112.00 to ₹118.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,83,200.00 (2,400 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,600 shares), amounting to ₹4,24,800.
Total Shares
63,09,600
Issue Size
₹74.45 Cr
Price Band
₹112 – ₹118
Lot Size
1200 shares
Min. Investment
₹2,83,200
Max. Investment
₹2,83,200
Open Date
11 Dec, 2025
Close Date
15 Dec, 2025
Allotment
16 Dec, 2025
Listing
18 Dec, 2025
Max. Investment
₹2,83,200
Announced
11 Dec, 2025
Opening Date
11 Dec, 2025
Closing Date
15 Dec, 2025
Basis of Allotment
16 Dec, 2025
Initiation of Refunds
17 Dec, 2025
Credit of Shares
17 Dec, 2025
Listing Date
18 Dec, 2025
Live GMP
Est. Listing: ₹127
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About Pajson Agro India IPO
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. Instituti
Pajson Agro India IPO Share Price
Issue Breakdown
Shareholding
Dilution: 36.1% increase in shares
Pajson Agro India IPO Financial Health
Pajson Agro India Ltd.'s revenue increased by 95% and profit after tax (PAT) rose by 509% between the financial year ending with March 31, 2025 and March 31, 2024.
Pajson Agro India 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 |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2400 | ₹2,83,200 |
| Individual investors (Retail) (Max) | 2 | 2400 | ₹2,83,200 |
| S-HNI (Min) | 3 | 3600 | ₹4,24,800 |
| S-HNI (Max) | 7 | 8400 | ₹9,91,200 |
| B-HNI (Min) | 8 | 9600 | ₹11,32,800 |
(All values in CR)
Pajson Agro India IPO Valuations
KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 60.05 |
| ROCE | 48.21 |
| Debt/Equity | 0.33 |
| RoNW | 46.18 |
| PAT Margin | 10.90 |
| EBITDA Margin | 16.16 |
| Price to Book Value | 4.67 |
(All values in CR)
Pajson Agro India IPO Strength & Risk
Pajson Agro India IPO Strength:
Pajson Agro India IPO Risk:
Pajson Agro India IPO Subscriptions Status
Pajson Agro India IPO subscribed 1.08 times. The public issue subscribed 0.09 times in the individual investors category, 3.54 times in QIB (Ex Anchor), and 0.18 times in the NII category by December 11, 2025 5:39:42 PM (Day 1).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 17,72,400 | 17,72,400 | 20.914 |
| QIB (Ex Anchor) | 3.54 | 11,82,000 | 41,79,600 | 49.319 |
| Non-Institutional Buyers | 0.18 | 9,00,000 | 1,63,200 | 1.926 |
| bNII (bids above ₹10L) | 0.22 | 6,00,000 | 1,34,400 | 1.586 |
| sNII (bids below ₹10L) | 0.10 | 3,00,000 | 28,800 | 0.34 |
| Individual Investors | 0.09 | 20,97,600 | 1,87,200 | 2.209 |
| Total | 1.08 | 41,79,600 | 45,30,000 | 53.454 |
Pajson Agro India IPO GMP
Pajson Agro India SME IPO last GMP is ₹9, last updated Dec 11th 2025 04:59 PM. With the price band of 118.00, Pajson Agro India SME IPO's estimated listing price is ₹127 (cap price + today's GMP).The expected percentage gain/loss per share is 7.63%. >> Pajson Agro India SME IPO Retail Subject to Sauda: ₹8200 The lowest GMP is ₹0.00, while the highest GMP is ₹9.00.
Last updated 11 Dec, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 11 Dec, 2025 | 118 | ₹9▲ | 8200 | ₹127 (7.63%) | 10800 | 11 Dec, 2025 |
| 10 Dec, 2025 | 118 | ₹0 | - | ₹118 (0.00%) | - | 10 Dec, 2025 |
| 09 Dec, 2025 | 118 | ₹0 | - | ₹118 (0.00%) | - | 09 Dec, 2025 |
| 08 Dec, 2025 | 118 | ₹0 | - | ₹118 (0.00%) | - | 08 Dec, 2025 |
| 07 Dec, 2025 | 118 | ₹0 | - | ₹118 (0.00%) | - | 07 Dec, 2025 |
| 06 Dec, 2025 | 118 | ₹0 | - | ₹118 (0.00%) | - | 06 Dec, 2025 |
| 05 Dec, 2025 | 118 | ₹0 | - | ₹118 (0.00%) | - | 05 Dec, 2025 |
| 04 Dec, 2025 | 0 | ₹0 | - | ₹ (%) | - | 04 Dec, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Pajson Agro India IPO
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find Pajson Agro India IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.