DATE	GMP (GREY MARKET PREMIUM)	EXPECTED LISTING GAINS
15-Dec-2025	5	6,000
14-Dec-2025	5	6,000
13-Dec-2025	5	6,000
12-Dec-2025	10	12,000
11-Dec-2025	10	12,000

Pajson Agro India IPO – Complete Overview

The Pajson Agro India IPO is one of the notable SME public issues scheduled in December 2025, coming from a company engaged in the processing and distribution of cashews and dry fruits. With growing demand in India for packaged nuts, value-added dry fruits, and healthy snacking products, the company aims to use the IPO proceeds to expand its processing capabilities and strengthen its overall operational scale. This article presents a fresh, original and fully rewritten breakdown of the IPO, its dates, structure, business fundamentals and financials.

IPO Key Dates

These are the officially announced dates for the Pajson Agro India IPO:

• IPO Opens: 11 December 2025
• IPO Closes: 15 December 2025
• Allotment Finalisation: 16 December 2025
• Refund Initiation: 17 December 2025
• Credit of Shares to Demat: 17 December 2025
• Listing Date: 18 December 2025
• Platform: BSE SME

These dates follow the typical SME IPO schedule, with listing planned within three days of closure.

IPO Size, Price Band & Structure

The issue consists entirely of a fresh issuance of equity shares, meaning the funds raised will directly support the company’s operations and expansion plans.

• Price Band: ₹112 – ₹118 per share
• Face Value: ₹10 per share
• Issue Structure:
  • Allocation for anchors
  • Book-building portion for institutional and non-institutional investors
  • A sizeable retail category
  • Market maker portion to ensure post-listing liquidity

The lot size is kept affordable for retail investors, aligning with the general SME participation structure.

GMP (Grey Market Premium)

The market is actively tracking the Pajson Agro India IPO GMP, which has been mentioned in discussions and early sentiments. While exact numerical values are not provided as per your preference, investors are watching the trend closely as the listing date approaches. GMP is unofficial and purely sentiment-based, but it often reflects early expectations.

About the Company

Pajson Agro India Ltd operates in the food-processing domain, primarily dealing in cashew nuts, dry fruits and related value-added products. The company’s operations include sourcing raw cashew nuts, processing them through multiple grading and quality stages, and packaging them for both retail and bulk channels.

Its distribution network spans across several Indian states, supported by wholesalers, distributors and institutional buyers. The presence of both branded and bulk sales helps the company cater to a wide range of customers — from small retailers to large retail chains.

The company’s long-term strategy includes product diversification, improved packaging standards, enhanced capacity, and entry into more consumer-driven product categories.

Strengths of Pajson Agro India

1. Integrated Processing Model

The company manages multiple stages of cashew and dry fruit processing internally, which helps streamline quality control and consistency.

2. Strong Product Demand

Dry fruits and nuts are seeing sustained demand growth in India due to health awareness, gifting culture, and retail expansion.

3. Expanding Retail Presence

The company’s consumer-focused offerings give it visibility in organised retail, including supermarkets, hypermarkets and regional retail chains.

4. Experienced Promoters

The promoters have operational experience in sourcing, processing and distribution within the agro-food domain.

5. Planned Capacity Expansion

IPO funds will strengthen its production infrastructure, supporting long-term scale and competitiveness.

Financial Performance (Freshly Written Summary)

The company has demonstrated consistent growth in revenue and profitability over the last few reported financial years. Its top line has expanded due to higher processing volumes, increased retail distribution, and better pricing of value-added products.

Key indicators based on reported financial trends:

• Revenue: Shows a considerable jump in the most recent fiscal year.
• Profitability: Net profit has improved significantly, supported by rising sales and controlled operating costs.
• Margins: Better utilisation of capacity and cost discipline have gradually improved margins.
• Balance Sheet: Strengthened by rising net worth and moderated debt levels.

Overall, the company’s financial trend shows stability and scalability.

Use of IPO Proceeds

The proceeds from the IPO will be utilised for:

✔ Setting up a New Processing Facility

Expansion of manufacturing capacity at a new location to meet rising demand.

✔ Working Capital Support

To maintain inventory, manage procurement cycles and support daily operations.

✔ Business Expansion & Distribution Strengthening

Marketing, branding and network expansion for wider market presence.

✔ General Corporate Purposes

Administrative improvements, technology upgrades and operational enhancements.

Risks to Consider

• Fluctuating Raw Material Prices: Cashew nut prices can vary based on seasonal and global supply factors.
• Competitive Market: The dry fruits and nuts sector includes both organised brands and many unorganised processors.
• Dependence on SME Platform: SME listings may have lower liquidity and higher price swings.
• Execution Risk in Expansion: Large-scale facility expansion requires timely execution and cost control.

Conclusion

The Pajson Agro India IPO offers investors an opportunity to participate in a growing agro-processing business backed by strong financial progress, expanding retail presence and plans for capacity enhancement. With confirmed dates from 11 to 15 December 2025 and listing scheduled for 18 December 2025, the IPO is expected to draw attention from investors looking for exposure to the food-processing and dry-fruit segment. Market interest reflected through the Pajson Agro India IPO GMP adds further curiosity to the upcoming listing.