The opening date of the Paterson Agro IPO is December 11, 2025, and the IPO will close on December 15, 2025. The Paterson Agro India IPO is a book-building issue. The company will raise approximately ₹74.45 crore through the IPO, which includes a fresh issue of ₹74.45 crore and an offer for sale of up to [.] equity shares with a face value of ₹10.
The price band for the Paterson Agro India IPO is ₹112 to ₹118 per share. The retail quota is 35%, QIB 50%, and HNI 15%. The Paterson Agro India IPO will be listed on the BSE on December 18, 2025. The allotment date for the Paterson Agro IPO is December 16, 2025.
The company reported revenue of ₹187.28 crore in 2025, compared to ₹96.04 crore in 2024. The company reported a profit of ₹20.42 crore in 2025, compared to a profit of ₹3.35 crore in 2024. According to financials, IPO investors should apply for the IPO for the long term.
About Pajson Agro India IPO
nincorporated in 2021, Pajson Agro India processes raw cashew nuts into cashew kernels and supplies them to both domestic and international markets. The company sells cashews in bulk as well as in retail packs under its white-label brand Royal Mewa, which caters to the dry fruits segment. It also sells by-products like cashew husk and shells for industrial and agricultural use.
Sales and Distribution:
Pajson Agro India sells through four main channels:
Wholesale markets (local markets)
Institutional sales to retail chains, food brands, etc.
exports
B2C sales through the Royal Mewa brand.
The company currently operates across 18 states and 3 Union Territories in India.
Pajson Agro India runs a large cashew processing plant in Visakhapatnam, Anakapalli, Andhra Pradesh, covering 295,990.20 sq. ft. with a processing capacity of 18,000 metric tonnes. It also has a dedicated packaging unit. The facility handles all major processing stages, including shelling, peeling, cleaning, grading, sorting, and other related operations.
Launched in 2021, Pageson Agro India processes raw cashews into cashew kernels and supplies them to domestic and international markets. The company also sells cashew nuts in bulk and in retail packages under our white-label brand, Royal Meva (dry fruits segment). Additionally, it sells by-products (cashew husks and shells) for industrial and agricultural use.
Sales and Distribution Channels: Sales are conducted through four verticals: 1. Wholesale Mandis (local markets), 2. Institutional Sales (to retail chains, food brands, etc.), Exports, and B2C/Royal Meva brand. Currently, the company operates in 18 states and 3 union territories in India.
It has a cashew processing plant in Visakhapatnam, Anakapalle, Andhra Pradesh, spanning 295,990.20 square feet, with a capacity of 18,000 metric tons. It also has a dedicated packaging unit. Its processing facility includes shelling, peeling, cleaning, grading, sorting, and related handling equipment.
As of July 31, 2025, it has 465 permanent employees.
Competitive Strengths
Strategically located processing facility with modern machinery
In-house packaging unit
Leveraging the experience and network of our promoters
Efficient procurement and raw material management
Diverse customer base
Strong wholesaler network and customer loyalty
Pajson Agro India IPO Details
| IPO Open Date | December 11, 2025 |
| IPO Close Date | December 15, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹112 to ₹118 Per Share |
| Issue Size | Approx ₹74.45 Crores |
| Fresh Issue | Approx ₹74.45 Crores |
| Issue Type | Book Build Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Pajson Agro IPO Market Lot
The Pajson Agro IPO minimum market lot is 2,400 shares with ₹2,83,200 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ₹2,83,200 |
| Retail Maximum | 2 | 2,400 | ₹2,83,200 |
| S-HNI Minimum | 3 | 3,600 | ₹4,24,800 |
| S-HNI Maximum | 7 | 8,400 | ₹9,91,200 |
| B-HNI Minimum | 8 | 9,600 | ₹11,32,800 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | 17,72,400 Shares | 28.09% |
| QIB (Ex. Anchor) | 11,82,000 Shares | 18.73% |
| NII Shares Offered | 9,00,000 Shares | 14.26% |
| Retail Shares Offered | 20,97,600 Shares | 33.24% |
Pajson Agro India IPO Anchor Investors
| Anchor Bidding Date | December 10, 2025 |
| Anchor Investors List | |
| Shares Offered | 17,72,400 Shares |
| Anchor Size | 20.91 Cr. |
| lock-in period end date 50% shares (30 Days) | January 15, 2026 |
| lock-in period end date 50% shares (90 Days) | March 16, 2026 |
Pajson Agro India IPO Dates
The Pajson Agro India IPO date is December 11 and the close date is December 15. The Pajson Agro India IPO allotment will be finalized on December 16 and the IPO listing on December 18.
| IPO Open Date: | December 11, 2025 |
| IPO Close Date: | December 15, 2025 |
| Basis of Allotment: | December 16, 2025 |
| Refunds: | December 17, 2025 |
| Credit to Demat Account: | December 17, 2025 |
| IPO Listing Date: | December 18, 2025 |
| IPO Bidding Cut-off Time: | December 15, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Aayush Jain, Anjali Jain and Pulkit Jain.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,74,99,995 | 85% |
| Promoter Holding Post Issue | 2,38,09,595 | 62.47% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Capital Expenditure towards Establishment of a Second Cashew Processing Facility at Vizianagaram, Andhra Pradesh | ₹57.00 |
| General Corporate Purpose | ₹- |
Pajson Agro India IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ₹101.13 | ₹101.11 | ₹0.02 | ₹50.17 |
| 2024 | ₹96.04 | ₹91.41 | ₹3.35 | ₹55.39 |
| 2025 | ₹187.28 | ₹159.95 | ₹20.42 | ₹65.73 |
| September 2025 | ₹118.37 | ₹99.35 | ₹14.20 | ₹151.63 |
Pajson Agro India IPO Valuation – FY2025
Check Pajson Agro India IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 60.05% |
| ROCE: | 48.21% |
| EBITDA Margin: | 16.16% |
| PAT Margin: | 10.90% |
| Debt to equity ratio: | 0.33 |
| Earning Per Share (EPS): | ₹11.67 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 46.18% |
| Net Asset Value (NAV): | ₹25.26 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Krishival Foods Limited | 6.08 | 78.39 | 9.56% | 63.55 | 202.23 Cr. |
| Prospect Consumer Products Limited | 4.19 | 17.00 | 8.95% | 44.98 | 30.99 Cr. |
| Aelea Commodities Limited | 0.57 | 292.98 | 1.13% | 50.21 | 182.14 Cr. |
IPO Lead Managers aka Merchant Bankers
- Smart Horizon Capital Advisors Pvt. Ltd.
Company Address
Pajson Agro India Ltd.
510, 5th Floor, Pearl Omaxe Tower
Netaji Subhash Place, Pitampura
Shakur Pur I Block, North West Delhi
Delhi, New Delhi, 110034
Phone: 011-43026646
Email: investor@pajsonagro.com
Website: http://www.pajsonagro.com/
IPO Registrar
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html