Issue Price
₹118
Per Share
GMP
+₹8
+6.78% Grey Market
Est. Listing
₹126
Expected Price
Min. Application
₹283,200
2 lots × 1200 shares
Incorporated in 2021, Pajson Agro India processes raw cashew nuts into cashew kernels and supply them to domestic and international markets. The company sell in bulk and also in retail packs under our white-label brand Royal Mewa (dry fruits segment). Further, it sells by-products (cashew husk and shells) for industrial and agricultural use.Sales and Distribution Channels: Sales operate through four verticals; 1. Wholesale Mandis (Local markets), 2. Institutional Sales (to retail chains, food brands, etc.), exports and B2C/Royal Mewa brand. Currently the company operates in 18 states and 3 Union Territories of India.It has a cashew processing plant in Visakhapatnam, Anakapalli, Andhra Pradesh across 295,990.20 square feet with a capacity of 18,000 metric tonnes. Also, it has a dedicated packaging unit. Its processing facility includes shelling, peeling, cleaning, grading, sorting, and related handling equipment.As on July 31, 2025, it has 465 permanent employees.Competitive StrengthsStrategically Located Processing Facility with Modern MachineriesIn-house packaging unitLeveraging the experience and network of our PromotersEfficient Procurement and Raw Material ManagementDiverse Customer BaseStrong Wholesaler Network and Customer Loyalty
Pajson Agro India Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 357,600 | — | ₹4.22 Cr | — |
| TOTAL | 6,309,600 | 100.00% | ₹74.45 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹141,600 |
| Retail (Max) | 13 | 15,600 | ₹1,840,800 |
| sNII (Min) | 14 | 16,800 | ₹1,982,400 |
| bNII (Min) | 68 | 81,600 | ₹9,628,800 |
| Particulars | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 118.37 | 187.28 | 96.04 |
| EBITDA | 21.07 | 30.27 | 5.74 |
| Profit After Tax (PAT) | 14.20 | 20.42 | 3.35 |
| Net Worth | 58.40 | 44.21 | 23.79 |
| Total Assets | 151.63 | 65.73 | 55.39 |
| Reserves & Surplus | 40.90 | 40.71 | 20.29 |
| Total Borrowings | 40.04 | 14.57 | 14.57 |