- Price band
- To be announcedNot in this filing
- Issue size
- 63,09,600 sharesFresh issue · amount set with price
- Face value
- ₹10per equity share
- Lot size
- To be announcedMin. investment shown once set
- Anchor biddingWed, 2025
- OpensThu, 2025
- ClosesMon, 2025
- AllotmentTue, 2025
- ListingThu, 2025
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue
- Fresh issue
- 63,09,600 shares
- Offer for sale
- None
- Total issue
- 63,09,600 shares
- Market maker portion
- 3,57,600 shares
- Face value
- ₹10
- Listing at
- BSE SME
- Promoter holding
- 85.00% → 62.47%
- RHP date
- 3 Dec 2025
Source: Red Herring Prospectus dated 3 Dec 2025Updated
Reservation
Share of the total issue- Retail33.2%
- Anchor28.1%
- QIB ex-anchor18.7%
- Small NII9.5%
- Big NII4.8%
- Market maker5.7%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 20,97,600 | 35.24% | 35% |
| Non-institutional investors (NII) | 9,00,000 | 15.12% | 15% |
| Small NII (₹2–10 lakh) | 6,00,000 | 10.08% | — |
| Big NII (above ₹10 lakh) | 3,00,000 | 5.04% | — |
| Qualified institutional buyers (QIB) | 29,54,400 | 49.64% | 50% |
| QIB, excluding anchor | 11,82,000 | 19.86% | — |
| Anchor investors | 17,72,400 | 29.78% | — |
| Market maker | 3,57,600 | — | — |
Source: Red Herring Prospectus dated 3 Dec 2025Updated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
About the company
The company processes raw cashew nuts into cashew kernels for domestic and international buyers, selling in bulk and retail packs. It also markets select dry fruits under the white-label brand Royal Mewa through e-commerce and offline channels. Its processing plant is located in Andhra Pradesh.
- Incorporated
- 2021
- Industry
- Food Processing
- Sector
- Food and Agriculture
- CIN
- U01100DL2021PLC386740
- Website
- pajsonagro.com
Source: Red Herring Prospectus dated 3 Dec 2025Updated
Promoters and shareholders
| Name | Before issue | After issue |
|---|---|---|
| Pulkit Jain | 60.00% | 44.10% |
| Aayush Jain | 24.71% | 18.16% |
| Anjali Jain | 0.29% | 0.21% |
Source: Red Herring Prospectus dated 3 Dec 2025Updated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Capital expenditure for a second cashew processing facility at Vizianagaram, Andhra Pradesh | 57.00 |
| General corporate purposes | Set with price |
Source: Red Herring Prospectus dated 3 Dec 2025Updated
Strengths and risks
Our summary of what the offer document statesStrengths
- Processing plant with 18,000 MT installed capacity in Andhra Pradesh
- Multi-channel sales across wholesale mandis, institutions, exports and a B2C brand
- Diversified customer base with a network of distributors and wholesalers
- Quality certifications including ISO 22000 and Halal
Risks
- Heavy dependence on related-party group entities for raw cashew nut procurement
- Profit margins have fluctuated significantly across recent years
- Limited operating history in the cashew processing business
- Top 10 customers account for a large share of revenue with no written contracts
- Revenue concentrated in a few regions and in cashew kernels
Source: Red Herring Prospectus dated 3 Dec 2025Updated
Contacts
Source: Red Herring Prospectus dated 3 Dec 2025Updated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: Red Herring Prospectus dated 3 Dec 2025Updated
After listing
Listing price, day-one high and low, and the change from the issue price (set at allotment) appear here after the shares list on BSE SME.
Frequently asked questions
When does the Pajson Agro India IPO open and close?
According to the Red Herring Prospectus, the issue opens on Thursday, 11 December 2025 and closes on Monday, 15 December 2025. These dates are tentative.
What is the Pajson Agro India IPO price band?
The Red Herring Prospectus does not include a price band. The company announces it by advertisement before the issue opens, and this page is updated when it is filed.
Where will Pajson Agro India shares list?
On BSE SME. The tentative listing date is Thursday, 18 December 2025.
Who is the registrar of the issue?
Maashitla Securities Private Limited (SEBI registration INR000004370). Allotment status is checked on the registrar's website.
How do I check the Pajson Agro India IPO allotment status?
The basis of allotment is expected to be finalised on Tuesday, 16 December 2025. After that, search by PAN, application number or DP/client ID on the registrar's website (Maashitla Securities Private Limited) or the BSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹57 Cr for capital expenditure for a second cashew processing facility at Vizianagaram, Andhra Pradesh, and the rest for the other stated purposes.
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Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.