Pajson Agro India Ltd IPO

Pajson Agro India Ltd IPO

We are into processing of raw cashew nuts into cashew kernels and supplies to domestic and international markets. Our product portfolio primarily comprises various grades of cashew nuts, which are processed and packaged in bulk as well as consumer oriented retail packs. Additionally, we market select dry fruits under our white-label brand Royal Mewa through a combination of e-commerce platforms and offline distribution channels. We operate through a multi channel sales and distribution structure comprising four key verticals: Wholesale Mandis, Institutional Sales, Exports, and the B2C brand, Royal Mewa.

Pajson Agro India Ltd IPO Details

Total Shares Offered

₹ 63,09,600

Offer to Public

TBA

Retail Max (Shares)

TBA

Pre Issue Promoters Holding

₹ 1,48,74,995

Exchange

DBC

Issue size

TBA

IPO Open Date

Dec 11, 2025

Close Date

Dec 15, 2025

Lot Size

TBA

Min Investment

TBA

Issue Type

Book Building - SME

Listing Date

Dec 18, 2025

Pajson Agro India Ltd IPO Dates

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Dec 11, 2025
Opening date
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Dec 15, 2025
Closing date
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Dec 16, 2025
Basis of Allotment
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Dec 17, 2025
Initiation of Refunds
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Dec 17, 2025
Credit of Shares
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Dec 18, 2025
Listing date

Details

SectorType
SectorFood - Processing - Indian
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Pajson Agro India Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations28.715.590.96
EBITDA30.096.561.90
PAT20.423.350.02
Total Assets32.5232.0331.38
Share Capital3.503.503.50
Total Borrowings17.8614.694.15
Operating Activities (Net Cash)21.804.320.96
Investing Activities (Net Cash)-3.070.000.00
Financing Activities (Net Cash)17.8614.694.15
Net Cashflow5.120.550.61

About Pajson Agro India Ltd

Our Company was originally incorporated under the name Pajson Agro India Private Limited under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated September 17, 2021, issued by the Registrar of Companies, Central Registration Centre. Subsequently the status of the Company was changed to public limited and the name of our Company was changed to Pajson Agro India Limited vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of our Company held on December 24, 2024. The fresh certificate of incorporation consequent to conversion was issued on February 08, 2025, by Registrar of Companies, ROC Delhi. The Corporate Identification Number of our Company is U01100DL2021PLC386740.

World production of cashews currently ranges between 720,000 and 790,000 metric tonnes (kernel basis) per year (seasons 2015/16-2019/20). India, with 170,000-195,000 MT of annual production, ranks first, followed by Cote d'Ivoire, Vietnam and Tanzania averaging 149,000; 82,000 and 53,000 MT, respectively. The cashew industry has large economic significance as it employs more than 10 lakh people on farms and factories in rural areas. The cultivation of cashews in India covers a total of 0.7 million hectares of land, and the country produces over 0.8 million tonnes (MT) annually. Over the years, India has emerged as the global processing hub for the cashew industry.

We are into processing of raw cashew nuts into cashew kernels and supplies to domestic and international markets. Our product portfolio primarily comprises various grades of cashew nuts, which are processed and packaged in bulk as well as consumer oriented retail packs. Additionally, we market select dry fruits under our white-label brand Royal Mewa through a combination of e-commerce platforms and offline distribution channels. We operate through a multi channel sales and distribution structure comprising four key verticals: Wholesale Mandis, Institutional Sales, Exports, and the B2C brand, Royal Mewa.

Peer Comparison:

  • Krishival Foods Limited
  • Prospect Consumer Products Limited
  • Aelea Commodities Limited

Pajson Agro India Ltd Key Points

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.

Risk

We are significantly (26.00 % for the period ended September 30, 2025 and 96.33% in FY 2025) dependent on Pajson Global DMCC and Pajson International FZCO, Dubai based group companies, for procurement of raw cashew nuts. Any disruption in this arrangement may adversely affect our business operations, financial condition and results of operations.

Our Profit After Tax (PAT) margins have fluctuated significantly in recent years (i.e. 0.02% in FY23 3.46% in FY24 10.90% in FY25 11.99% for the period ended September 30, 2025), which may impact investor perception of our financial stability and could adversely affect our valuation and future performance.

Our limited operating history makes evaluating our business and future prospects difficult.

Strategy

Expansion of our processing capacity.

Quality Assurance.

Diversify and Strengthen Supplier Base.

Scale up branding, promotional and digital activities for B2C brand Royal Mewa.

Expand our International Presence.

How To Apply for Pajson Agro India Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Pajson Agro India Ltd IPO?

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Pajson Agro India Ltd's IPO offers shares for up to 0 It begins on Dec 11, 2025 and ends on Dec 15, 2025.

What is the price of the Pajson Agro India Ltd IPO?

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The price of Pajson Agro India Ltd IPO ranges between NA to NA per share.

What are the open and close dates for the Pajson Agro India Ltd IPO?

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The Pajson Agro India Ltd IPO opens on Dec 11, 2025 and closes on Dec 15, 2025.

When will the Pajson Agro India Ltd IPO be allotted?

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The allotment for the Pajson Agro India Ltd IPO will be finalised on Dec 16, 2025. The shares will be listed on BSE and NSE on Dec 18, 2025.

What is the minimum lot size required for Pajson Agro India Ltd IPO?

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The minimum lot size for Pajson Agro India Ltd IPO is 0 shares, priced between NA to NA per share.

What is the GMP of Pajson Agro India Ltd IPO?

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The GMP (Grey Market Premium) of Pajson Agro India Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Pajson Agro India Ltd IPO?

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To check the allotment status of Pajson Agro India Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Pajson Agro India Ltd IPO getting listed?

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The Pajson Agro India Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Dec 11, 2025, and closes on Dec 15, 2025. The allotment is finalised on Dec 16, 2025.

How do you apply for the Pajson Agro India Ltd IPO?

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To apply for the Pajson Agro India Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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