The Pajson Agro IPO minimum market lot is 2,400 shares with ₹2,83,200 application amount. The Pajson Agro IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
Incorporated 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 mandis (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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Pajson Agro IPO Subscription Status – Day 1
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 3.54 | 0.00 | 0.00 |
| NII | 0.14 | 0.00 | 0.00 |
| RII | 0.07 | 0.00 | 0.00 |
| Total | 1.07 | 0.00 | 0.00 |
Pajson Agro IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Pajson Agro IPO Review and Rating
- Review: Neutral
- Rating: 2
Pajson Agro IPO Form
How to apply for the Pajson Agro IPO? You can apply for Pajson Agro IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Pajson Agro IPO in the Invest section. The other option is you can apply for Pajson Agro IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
