Pajson Agro IPO logo

Pajson Agro IPO

Pajson Agro India Limited

Closed
PAJSON SME BSE Agriculture

Pajson Agro IPO IPO, a SME IPO has closed for subscription. The price band is set between ₹112 –118 , with a face value of ₹10 . Retail investors can apply with a minimum of 1 lot, each comprising 1,200 shares — amounting to ₹141,600 at the upper price. The listing date on the exchange (BSE) is December 18, 2025.

The Pajson Agro IPO IPO subscription has closed. Investors who applied for shares can now check their IPO allotment status online. The basis of allotment for Pajson Agro IPO IPO has been finalized, and you can verify whether you have been allotted shares by checking the registrar's website using your PAN number, application number, or DP ID. If you have been allotted shares, they will be credited to your demat account before the listing date. If not allotted, the refund amount will be processed to your bank account as per the timeline.

Pajson Agro IPO SME IPO Important Dates

Get important updates regarding Pajson Agro IPO SME IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates. Dates are updated as soon as they are announced.

IPO Timeline & Key Dates

IPO Opening
11 Dec 2025
IPO Closing
15 Dec 2025
Cutoff: 17:00
Basis of Allotment*
16 Dec 2025
Refunds Initiation*
17 Dec 2025
Credit to Demat*
17 Dec 2025
Listing Date*
18 Dec 2025

* Tentative; subject to confirmation.

Price Band & Investment Details

Issue Size ₹74.45 Cr
Issue Price ₹112 – ₹118
Face Value ₹10/share
Market Lot 1,200 shares
Retail Min Investment ₹141,600
Listing At BSE
Sale Type fresh issue
Fresh Issue ₹0 Cr
Reserved for Market Maker ₹4.22 Cr
Issue Type book building
Live GMP
₹4
Price Band
₹112-118
Mid: ₹115
Lot Size
1,200
Min: ₹141,600
Issue Size
₹74.45 Cr

Pajson Agro IPO Grey Market Premium (GMP) - Current & Historical Rates

Last updated: 17 hours ago

Current GMP
₹4
Previous GMP
₹4

Pajson Agro IPO Grey Market Premium (GMP) History - Track Record & Historical Data

Date IPO Issue Price (₹) GMP (₹) Est. Listing Price (₹) Est. Profit Amount (₹) Est. Profit % Last Updated
16 Dec 2025 Latest ₹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

Subscription (Latest Snapshot)

View Detailed Subscription

Latest snapshot: Dec 13, 2025

Category Subscribed (x) No. of Applications
QIB 7.07x
NII 0.48x
bNII (bids above ₹10L) 1.16x
sNII (bids below ₹10L) 0.32x
Retail Investors 0.55x

Registrar

Registrar
Bigshare Services Private Limited
Registrar Phone
+91-22-6263 8200
Registrar Email
ipo@bigshareonline.com
Registrar Address
Office No S6-2 6th Floor, Pinnacle Business Park, Mahakali Caves Rd, next to Ahura Centre, Andheri East Mumbai - 400093
Document Type Link
drhp
rhp

Pajson Agro IPO Investment Limits

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) 1 1,200 ₹141,600
Retail (Max) 1 1,200 ₹141,600
S-HNI (Min) 2 2,400 ₹283,200
S-HNI (Max) 7 8,400 ₹991,200
B-HNI (Min) 8 9,600 ₹1,132,800

Promoter Holding

The company promoters are Aayush Jain, Anjali Jain and Pulkit Jain.

Promoter Holding Pre Issue
85.00%
Promoter Holding Post Issue
62.47%

IPO Reservation

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 Maximum Allottees
QIB Shares Offered 2,954,400 (46.82%) NA
Anchor Investor Shares Offered
1,772,400 (28.09%) NA
QIB (Ex. Anchor) Shares Offered
1,182,000 (18.73%) NA
NII (HNI) Shares Offered 900,000 (14.26%) NA
Retail Shares Offered 2,097,600 (33.24%) NA
Market Maker Shares Offered 357,600 (5.68%) NA
Total Shares Offered 6,309,600 (100.00%)

Company Overview

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).

    • Model: Operates a complete end-to-end value chain—from direct procurement of RCN (domestic and international) to processing, branding, and multi-channel sales (B2B and B2C).
    • Processing Infrastructure: Runs a state-of-the-art facility in Visakhapatnam, Andhra Pradesh, with an impressive annual processing capacity of 18,000 Metric Tonnes (MT) of raw cashew nuts.
    • Brand: Markets select dry fruits, including cashews, under its B2C white-label brand, "Royal Mewa."

 

  • Key Strengths
    • 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:

      1. Wholesale Mandis (Domestic Local Markets)

      2. Institutional Sales (to major clients like Reliance Retail, Haldiram, Bikanervala, and Nutraj)

      3. Exports (especially to the UAE).

      4. B2C Retail via the 'Royal Mewa' brand.

Founded In
2021
Managing Director
Aayush Jain, Anjali Jain
Headquarters
510, 5th Floor, Pearl Omaxe Tower, Netaji Subhash Place, Pitampura, Delhi - 110034, India (some records list an alternate address: BN-23, West Shalimar Bagh, New Delhi - 110088)
Industry
Agriculture

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