
Pajson Agro India IPO GMP & Review: Apply or Avoid?
Posted by : sachet | Tue Dec 09 2025

Pajson Agro India IPO is open for bidding from 11th December 2025 to 15th December 2025. It is a bookbuilding IPO of ₹74.45 crore, an entirely fresh issue of 0.63 crore shares. The issue will be listed on BSE and SME on its tentative listing date, 18th December 2025.
Pajson Agro India IPO Details
The Pajson Agro India IPO date is fixed between 11th December 2025 and 15th December 2025. The face value of Pajson Agro India shares stands at ₹10 per share, and the IPO Issue price band is set at ₹112 to ₹118 per share
Bigshare Services Private Limited is the registrar of the Pajson Agro India IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
| IPO Allotment Date | 16th December 2025 |
| IPO Open Date | 11th December 2025 |
| IPO Close Date | 15th December 2025 |
| Refund Initiation | 17th December 2025 |
| Issue Size | 63,09,600 shares(aggregating up to ₹74.45 Cr) |
| Face Value | ₹10 per share |
| Lot Size | 1,200 Shares |
| Issue Price | ₹112 to ₹118 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Listing Date | 18th December 2025 |
Pajson Agro India IPO Share Reservation
Riddhi Display Equipment’s IPO is a bookbuilding IPO issue of 0.63 crore worth ₹74.45 crores. Pajson Agro India IPO Limited shares will be listed on the BSE and the SME Exchange. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
| Investor Categories | Shares Offered | Shares Percentage |
| Market Maker Shares Offered | 3,57,600 | 5.67% |
| QIB shares offered | 29,54,400 | 46.82% |
| NII (HNI) Shares Offered | 9,00,000 | 14.26% |
| Retail Shares Offered | 20,97,600 | 33.24% |
| Total Shares Offered | 63,09,600 | 100.00% |
Pajson Agro India IPO GMP Grey Market Premium
GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Pajson Agro India IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
| GMP DATE | IPO Price | GMP Price | Estimated Listing Price | Estimated Gain |
| 13-12-2025 | – | – | – | – |
| 12-12-2025 | – | – | – | – |
| 11-12-2025 | ₹118.00 | ₹0.00 | ₹118.00 | ₹0.00% |
| 10-12-2025 | ₹118.00 | ₹0.00 | ₹118.00 | ₹0.00% |
| 9-12-2025 | ₹118.00 | ₹0.00 | ₹118.00 | ₹0.00% |
| 8-12-2025 | ₹118.00 | ₹0.00 | ₹118.00 | ₹0.00% |
| 7-12-2025 | ₹118.00 | ₹0.00 | ₹118.00 | ₹0.00% |
As of 11th December 2025, Pajson Agro India IPO GMP stands at ₹0 per share, which means the share will likely show a listing at ₹118 on its tentative listing date, 18th December 2025.
GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Pajson Agro India IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends.
Pajson Agro India IPO GMP Review

Check out the detailed Pajson Agro India GMP IPO review for a thorough understanding of its potential to report listing gains on 18th December 2025. The Pajson Agro India IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the Pajson Agro India IPO.
Pajson Agro India Limited’s revenue increased by 95% from ₹96.04 crores in March 2024 to ₹187.28 crores in March 2025. Moreover, the company’s PAT increased by 509% from ₹3.35 crores in March 2024 to ₹20.42 crores in March 2025.
Pajson Agro India’s IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, the brokers, investors, and RAs have a positive outlook for the Pajson Agro India IPO for its tentative listing day, which is 18th December 2025.
Technical Analysis
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Pajson Agro India IPO.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 10.11 |
| EPS (Earnings Per Share) | 11.67 |
| RoNW | 46.18% |
| ROCE | 48.21% |
| ROE | 60.05% |
| EBITDA Margin | 16.16% |
| Price to Book Value | 4.67 |
| Market Capitalisation | ₹280.95 Cr |
The PE ratio of Pajson Agro India Limited shares is 10.11, and its Earnings Per Share (EPS) stands at 11.67. Thus, the Pajson Agro India IPO can deliver gains on its tentative listing date, 18th December 2025.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Pajson Agro India Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
| Indicators | Pre-IPO | Post-IPO |
| PE Ratio | 10.11 | 9.9 |
| EPS | 11.67 | 11.92 |
Pajson Agro India IPO Subscription Status
The Pajson Agro India IPO is to be opened for bidding on 11th December 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Pajson Agro India IPO Subscription Status.
| Investor Categories | Shares Offered | Shares Percentage | Shares Subscribed | Subscription to the Times |
| Market Maker Shares Offered | 3,57,600 | 5.67% | Yet to be announced | Yet to be announced |
| QIB shares offered | 29,54,400 | 46.82% | Yet to be announced | Yet to be announced |
| NII (HNI) Shares Offered | 9,00,000 | 14.26% | Yet to be announced | Yet to be announced |
| Retail Shares Offered | 20,97,600 | 33.24% | Yet to be announced | Yet to be announced |
| Total Shares Offered | 63,09,600 | 100.00% | Yet to be announced | Yet to be announced |
About Pajson Agro India Limited

Pajson Agro India was established in 2021 and processes raw cashew nuts into cashew kernels, supplying 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 of July 31, 2025, it has 465 permanent employees..
Pajson Agro India Limited Financials
The company’s financial analysis is essential before applying for the Pajson Agro India IPO. Look at the table to learn about Pajson Agro India Limited’s financials.
| Year Ended | 30th Sep 2025 (in cr.) | 31st March 2025 (in cr.) | 31st March 2024 | 31st March 2023 |
| Assets | 151.63 | 65.73 | 55.39 | 50.17 |
| Revenue | 118.37 | 187.28 | 96.04 | 101.13 |
| Profit After Tax | 14.20 | 20.42 | 3.35 | 0.02 |
| EBITDA | 21.07 | 30.27 | 5.74 | 1.10 |
| Net Worth | 58.40 | 44.21 | 23.79 | 20.44 |
| Reserves and Surplus | 40.90 | 40.71 | 20.29 | 16.94 |
| Total Borrowings | 40.04 | 14.57 | 14.57 | 0.00 |
Explanation
Pajson Agro India Limited’s revenue increased by 95% from ₹96.04 crores in March 2024 to ₹187.28 crores in March 2025. Moreover, the company’s PAT increased by 509% from ₹3.35 crores in March 2024 to ₹20.42 crores in March 2025.
Pajson Agro India Limited IPO Promoter Holdings
Have a look at the table below to check the holdings of Pajson Agro India Limited.
Mr Hitesh Kumar Singla, Mr Nikhil Singla, Mr Nitin Dixit, and Mr Anil Kumar Sharma.
| Shareholding Pre-Issue | 85.00% |
| Shareholding Post-Issue | 62.47% |
Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.
Aim of Pajson Agro India IPO
The primary aim of the Pajson Agro India IPO is to raise ₹74.45 crores. On the other hand, Pajson Agro India has decided to utilise these funds in different ways.
- Capital Expenditure towards the Establishment of a Second Cashew Processing Facility at Vizianagaram, Andhra Pradesh
- For general corporate purposes
Should I Invest in the Pajson Agro India IPO?
Explore the pros and cons of Pajson Agro India to know whether you should apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades.
Pros of Pajson Agro India IPO
- The company has a Strategically Located Processing Facility with Modern Machinery.
- The company has an In-house packaging unit
- The company is leveraging the experience and network of our Promoters
- The company has a diverse Customer Base
Cons of Pajson Agro India IPO
- The company has a heavy dependence on a few group-suppliers for raw material
- The company has high customer concentration & lack of binding contracts
- The company has working-capital intensity, capital expenditure burden & cash-flow risks
How to Apply for Pajson Agro India IPO?

Check the steps mentioned below to apply for Pajson Agro India Ltd.
- Step 1: Conduct thorough research on the Pajson Agro India IPO GMP, subscription status, issue size, lot size, and other details.
- Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for 2 lots of 2,400 shares worth ₹2,83,200
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for the Pajson Agro India IPO across multiple demat accounts to increase your chances of allotment.
How to Check Pajson Agro India IPO Allotment Status?
You can check for the Pajson Agro India IPO allotment in different ways. These include NSE and the registrar portal. Follow the steps below to check your allotment status online.
Check On BSE
- Visit the BSE Official Site
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose the Pajson Agro India IPO.
- Choose whether to proceed with the PAN number or the application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Pajson Agro India IPO allotment status.
Let’s Wrap
Pajson Agro India IPO is a bookbuilding issue of shares worth ₹74.45 crores. The shares of Pajson Agro India Limited will be listed on BSE and SME on its tentative listing date of 18th December 2025. Researching the Pajson Agro India IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.
Open a demat account on Univest now to initiate your investment journey!
FAQs on Pajson Agro India IPO
How is the Pajson Agro India IPO?
Ans. Currently, on 11th December 2025, the Pajson Agro India GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹118 per share. It is a bookbuilding IPO of ₹74.45 shares. The face value of each Pajson Agro India share is ₹10 per share.
What is the Pajson Agro India IPO price?
Ans. The Pajson Agro India IPO issue price band is set at ₹112.00 to ₹118.00 per share.
Is the Pajson Agro India IPO a good investment?
Ans. Pajson Agro India Limited’s revenue increased by 95% from ₹96.04 crores in March 2024 to ₹187.28 crores in March 2025. Moreover, the company’s PAT increased by 509% from ₹3.35 crores in March 2024 to ₹20.42 crores in March 2025.
Who is the registrar of the Pajson Agro India IPO?
Ans. Bigshare Services Private Limited is the registrar for the Pajson Agro India IPO, awaiting to manage the allotment process and initiate refunds. For any queries regarding the Pajson Agro India allotment and refund, you can contact Bigshare Services Private Limited at ipo@bigshareonline.com or +91-22-6263 8200.
What is the issue size of the Pajson Agro India IPO?
Ans. Pajson Agro India IPO is a bookbuilding IPO for ₹74.45 shares. Moreover, the IPO is set to open on 11th December 2025 and will be closed on 15th December 2025.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Pajson Agro India IPO, download the Pajson Agro India IPO RHP and Pajson Agro India IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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