Pajson Agro India Ipo
Pajson Agro India IPO Review & Key Points
Review:
IPO Lead Managers aka Merchant Bankers
Smart Horizon Capital Advisors Pvt. Ltd.
| 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 |
| 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% |
| 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 |
| 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 |
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,74,99,995 | 85% |
| Promoter Holding Post Issue | 2,38,09,595 | 62.47% |
| Purpose | Crores |
| Capital Expenditure towards Establishment of a Second Cashew Processing Facility at Vizianagaram, Andhra Pradesh | ₹57.00 |
| General Corporate Purpose | ₹- |
| 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 |
| 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 |
| 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 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 |