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Pajson Agro IPO, a SME IPO was listed on the exchange on December 18, 2025. The price band is set between ₹112 –118 , with a face value of ₹10 . Retail investors can apply with a minimum of 2 lots, each comprising 1,200 shares — amounting to ₹283,200 at the upper price.
Pajson Agro IPO has been successfully listed on the exchange. Track the listing performance, current stock price, and post-listing trends. This information is for education only—not investment advice.
Pajson Agro IPO SME Important Dates
Get important updates regarding Pajson Agro IPO SME tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates. Dates are updated as soon as they are announced.
Issue price ₹118
Issue
₹118
Open Date
Dec 11
Close Date
Dec 15
Allotment
Dec 16
Listing
Dec 18
Issue Size
₹74.45 Cr
Issue Price
₹112 – ₹118
Face Value
₹10/share
Market Lot
1,200 shares
Retail Min Investment
₹283,200
Listing At
BSE
Sale Type
fresh issue
Fresh Issue
₹0 Cr
Reserved for Market Maker
357,600 shares
(aggregating up to ₹4.22 Cr)
Issue Type
book building
Last updated: 3 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 18 Dec 2025 Latest | ₹118 | ₹6 | ₹124 | ₹6 |
5.08%
|
11:15 PM |
| 17 Dec 2025 | ₹118 | ₹4 | ₹122 | ₹4 |
3.39%
|
12:00 PM |
| 16 Dec 2025 | ₹118 | ₹4 | ₹122 | ₹4 |
3.39%
|
12:00 PM |
| 15 Dec 2025 | ₹118 | ₹4 | ₹122 | ₹4 |
3.39%
|
12:00 PM |
| 14 Dec 2025 | ₹118 | ₹5 | ₹123 | ₹5 |
4.24%
|
9:00 AM |
| 13 Dec 2025 | ₹118 | ₹5 | ₹123 | ₹5 |
4.24%
|
12:00 PM |
| 12 Dec 2025 | ₹118 | ₹5 | ₹123 | ₹5 |
4.24%
|
12:00 PM |
| 11 Dec 2025 | ₹118 | ₹9 | ₹127 | ₹9 |
7.63%
|
12:00 PM |
Latest snapshot: Dec 15, 2025
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| QIB | 10.92x | — |
| NII | 6.86x | — |
| bNII (bids above ₹10L) | 77.26x | — |
| sNII (bids below ₹10L) | 5.14x | — |
| Retail Investors | 3.85x | — |
| Total | 6.5x | — |
The company promoters are Aayush Jain, Anjali Jain and Pulkit Jain.
IPO investment limits, also referred to as application limits or bidding limits, define the minimum and maximum number of shares, lots, and investment amount that investors can apply for in an IPO based on their category (Retail, HNI, or Institutional). These limits are calculated as per SEBI guidelines and help ensure fair distribution of shares. Retail investors typically have lower minimum and maximum limits compared to High Net Worth Individuals (HNI) and Non-Institutional Investors (NII). Understanding IPO application limits is essential for investors to determine how much they can invest, calculate the number of lots they can apply for, and plan their investment strategy accordingly. The investment limits table shows the lot size, number of shares, and total amount in rupees for each investor category.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹283,200 |
| Retail (Max) | 1 | 1,200 | ₹141,600 |
| S-HNI (Min) | 3 | 3,600 | ₹424,800 |
| S-HNI (Max) | 7 | 8,400 | ₹991,200 |
| B-HNI (Min) | 8 | 9,600 | ₹1,132,800 |
The IPO reservation structure, also known as share allocation breakdown, details how the total issue size is distributed among different investor categories as mandated by SEBI (Securities and Exchange Board of India) regulations. This reservation table shows the exact percentage and number of shares allocated to Qualified Institutional Buyers (QIB), Retail Individual Investors (RII), High Net Worth Individuals (HNI), Non-Institutional Investors (NII), and other reserved categories like employees and shareholders. Understanding IPO reservation percentages is crucial for investors to evaluate their probability of share allotment, as each category has different subscription levels and competition. The maximum allottees column indicates the cap on the number of investors who can receive shares in each category, helping you assess the likelihood of getting an allotment based on your investor category.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 2,954,400 (46.82%) |
|
•
Anchor Investor Shares Offered
|
1,772,400 (28.09%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
1,182,000 (18.73%) |
| NII (HNI) Shares Offered | 900,000 (14.26%) |
| Retail Shares Offered | 2,097,600 (33.24%) |
| Market Maker Shares Offered | 357,600 (5.68%) |
| Total Shares Offered | 6,309,600 (100.00%) |
Pajson Agro India Limited specializes in the processing of raw cashew nuts (RCN) into cashew kernels and their distribution to domestic and international markets, operating with an integrated value chain model.
Company Growth
Founded by: Mr. Pulkit Jain and Mr. Aayush Jain in 2021 (incorporated as a Private Limited Company).
Integrated Processing & Scale: Ownership of an advanced, large-scale processing facility (18,000 MT capacity) allows for strict quality control, cost efficiency, and the production of high-standard kernels (90%+ of revenue comes from cashew kernels).
Multi-Channel Strategy: Sales are diversified across four key channels:
Wholesale Mandis (Domestic Local Markets)
Institutional Sales (to major clients like Reliance Retail, Haldiram, Bikanervala, and Nutraj)
Exports (especially to the UAE).
B2C Retail via the 'Royal Mewa' brand.
The Pajson Agro IPO is expected to open in December, 2025, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Pajson Agro IPO is ₹112.00 - ₹118.00 per share.
As per market sources, Pajson Agro IPO GMP is currently ₹6.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Pajson Agro IPO stands at 6.50x overall.
The listing date for Pajson Agro IPO is December 18, 2025.
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