Pajson Agro IPO Subscription Status
Pajson Agro IPO was subscribed over 2.38x on its Second day till 05.00 PM on 12th December 2025.
- Pajson Agro IPO subscription QIB investors’ portion is 7.07x times, while NII subscribed 0.48x times, and RII investors subscribed 0.55x times.
- The company has received bids for 99,56,400 shares against 41,79,600 shares on offer on the Second day.
- Pajson Agro IPO was subscribed over 2.38x times on day 2.
- Pajson Agro IPO was subscribed over 1.08x times on day 1.
About the Pajson Agro IPO
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.
Pajson Agro IPO Company Financial Report
The company reported revenue of ₹187.28 crores in 2025 against ₹96.04 crores in 2024. The company reported a profit of ₹20.42 crores in 2025 against a profit of ₹3.35 crores in 2024.
Pajson Agro IPO GMP
Pajson Agro IPO GMP was ₹9 as of Friday, 12th December. That indicates the IPO is trading at ₹127 with a ₹9 premium in the grey market against the issue price of ₹118.
