Pajson Agro India logo

Pajson Agro India

Listed

IPO Timeline

Issue open date

11 Dec 2025

Issue close date

15 Dec 2025

UPI mandate deadline

15 Dec 2025

Allotment finalization

16 Dec 2025

Refund initiation

17 Dec 2025

Share credit

17 Dec 2025

Listing date

18 Dec 2025

Mandate end date

30 Dec 2025

Lock-in end date for anchor investors (50%)

15 Jan 2026

Lock-in end date for anchor investors (remaining)

16 Mar 2026

Grey Market Premium Trend

₹6
Current GMP
₹124
Est. Listing Price
5.1%
Est. Listing Gain
₹112 - ₹118
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
17 Dec₹6₹1245.08%
16 Dec₹6₹1245.08%
15 Dec₹4₹1223.39%
14 Dec₹4₹1223.39%
13 Dec₹5₹1234.24%
12 Dec₹5₹1234.24%
11 Dec₹5₹1234.24%
10 Dec₹9₹1277.63%
9 Dec₹0₹1180.00%
8 Dec₹0₹1180.00%
7 Dec₹0₹1180.00%
6 Dec₹0₹1180.00%
5 Dec₹0₹1180.00%
4 Dec₹0₹1180.00%
3 Dec₹0₹1180.00%

Key Dates

Open
11 Dec 2025
Close
15 Dec 2025
Listing
18 Dec 2025

Quick Stats

Issue Size:74cr
Lot Size:1200 shares

About the Company

Pajson Agro India Limited is a cashew processing company incorporated in 2021 and converted into a public company in 2025. The company is promoted by Aayush Jain, Anjali Jain, and Pulkit Jain. It processes raw cashew nuts into premium cashew kernels and supplies them across domestic and international markets. Its product range includes multiple cashew grades in bulk, retail packs, and select dry fruits under its B2C brand Royal Mewa. Pajson Agro operates an advanced processing facility in Andhra Pradesh, where capacity has grown from 7,000 MT to 18,000 MT through continuous investment in technology and automation. A dedicated packaging unit in Delhi supports its retail and white-label offerings. The company follows a multi-channel business model covering wholesale mandis, institutional sales, exports, and online/offline B2C distribution. Its strengths include integrated operations, a growing nationwide presence, strong sourcing through its group entity, and relationships with leading institutional buyers.

Strengths

  • Integrated cashew processing operations with expanding capacity from 7,000 MT to 18,000 MT.
  • Strong multi-channel presence across wholesale, institutional, export, and B2C segments.
  • Established relationships with major institutional buyers like Reliance Retail and Haldiram.
  • Access to international raw cashew sourcing through group entity Pajson Global DMCC.
  • Certified manufacturing facility with ISO, HACCP, and FSSAI approvals, ensuring quality and safety.

Risks

  • Heavy dependence on imported raw cashew nuts exposes the business to global supply fluctuations.
  • Concentration of processing operations at a single primary facility increases operational risk.
  • Fluctuations in commodity prices may impact margins and profitability.
  • Competition from domestic and international cashew processors may affect market share.
  • Any disruption in relationships with key institutional buyers could impact revenue.

Pajson Agro India IPO – Frequently Asked Questions

  • The price band for the Pajson Agro India IPO is set at ₹112 to ₹118 per share.
  • The Pajson Agro India IPO opens on December 11, 2025 and closes on December 15, 2025.
  • The tentative listing date for the Pajson Agro India IPO is December 18, 2025.
  • You can apply for the Pajson Agro India IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Pajson Agro India, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Pajson Agro India IPO is 1200 shares. Investors must apply for at least one lot (i.e., 1200 shares).