Pajson Agro India Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,954,400 (47%) | — | ₹3,486 Cr |
| NII (HNI) | — | 900,000 (14%) | — | ₹1,062 Cr |
| Retail | — | 2,097,600 (33%) | — | ₹2,475 Cr |
| Market Maker | — | 357,600 (6%) | — | ₹42 Cr |
| Σ Total | — | 6,309,600 (100%) | — | ₹74,453 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹141,600 |
| Retail (Max) | 13 | 15,600 | ₹1,840,800 |
| S-HNI (Min) | 14 | 16,800 | ₹1,982,400 |
| B-HNI (Min) | 67 | 80,400 | ₹9,487,200 |
Financial Statements Amount in ₹ Crore
| Metric | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 118 | 187 | 96 |
| EBITDA | 21 | 30 | 6 |
| Profit After Tax | 14 | 20 | 3 |
| Net Worth | 58 | 44 | 24 |
| Total Assets | 152 | 66 | 55 |
| Reserves & Surplus | 41 | 41 | 20 |
| Total Borrowing | 40 | 15 | 15 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Capital Expenditure towards Establishment of a Second Cashew Processing Facility at Vizianagaram, Andhra Pradesh – 57.00
- General Corporate Purpose –
Company Overview
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