The Pajson Agro India Limited IPO, scheduled to open on December 11, 2025, has gained significant attention due to the company’s strong foundation in the Indian cashew processing sector and its ambitious expansion roadmap. As we examine this public offering, we provide a detailed, SEO-optimized breakdown designed to help investors understand the opportunity and the company’s strategic direction in the value-added agri-processing industry.

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Pajson Agro India Limited has emerged as a prominent name in the Indian cashew processing ecosystem, known for converting raw cashew nuts into premium kernels sold under the ‘Royal Mewa’ brand. Over the years, the company has evolved from a regional processing entity into a pan-India organization with reach across 18 states and 3 Union Territories. The brand is supported by a strong distribution backbone comprising 71 committed distributors that accelerate its nationwide footprint.

We recognize that the company’s growth is rooted in its focus on quality consistency, ethical sourcing, and integrated value-chain operations. This allows Pajson Agro to maintain control over product standards while generating value through by-product utilization and process efficiency.

The Pajson Agro India Limited IPO aims to raise ₹74.45 crore at the upper price band, making it a notable SME offering in the agri-processing space. The public issue comprises 63,09,600 equity shares, each having a face value of ₹10, with a price band of ₹112 to ₹118 per share.

The offering has been designed to attract diverse investor categories. Allocations have been strategically structured to ensure liquidity, participation depth, and balanced representation across segments, including anchor investors, qualified institutions, non-institutional applicants, retail investors, and market makers. The distribution aligns with prevailing SME IPO norms and supports efficient post-listing stability.

The IPO’s anchor investor portion opens on December 10, 2025, followed by the public subscription window from December 11 to December 15, 2025, with listing planned on the BSE SME platform.

The company intends to deploy a substantial portion of the IPO proceeds toward the establishment of its second cashew processing facility in Vizianagaram, Andhra Pradesh. This strategic expansion is aimed at increasing production capacity, enhancing supply chain responsiveness, and strengthening the company’s ability to meet rising demand from both domestic and export markets.

The new facility is expected to play a transformative role in Pajson Agro’s long-term scaling efforts. By augmenting processing capabilities, the business will gain significant cost efficiencies, operational flexibility, and improved throughput—all essential factors for maintaining a competitive edge in value-added agri-processing.

The remaining proceeds will support general corporate requirements, brand building activities, productivity improvements, and organizational strengthening initiatives.

According to the company’s Chairman and Managing Director, Aayush Jain, Pajson Agro’s journey has been built on the foundational principle of delivering high-quality, ethically sourced cashew products. The organization has maintained a sharp focus on process reliability, consumer trust, and sustainable innovation.

As we evaluate the company’s operational narrative, it is evident that Pajson Agro has consistently invested in superior processing technologies and value-chain integration. Its ability to utilize by-products for agricultural and industrial use highlights the company’s commitment to sustainability and long-term resource efficiency.

Jain emphasizes that the establishment of the second processing unit will significantly enhance production capabilities and strengthen the ‘Royal Mewa’ brand’s domestic and international penetration. The broadened capacity will allow the company to supply a wider range of products with greater consistency and reach.

The Pajson Agro IPO is overseen by Smart Horizon Capital Advisors Private Limited as the Book Running Lead Manager, while Bigshare Services Private Limited manages registrar responsibilities.

The compliance framework and listing strategy adhere to the guidelines of the BSE SME platform, ensuring transparency and structured engagement for investors.

From a market-oriented viewpoint, Pajson Agro India Limited appears to be entering a pivotal growth phase. The company’s expansion into a second facility, combined with its established brand presence and distribution strength, positions it favorably in a competitive and expanding industry.

The IPO offers investors exposure to a company operating in a resilient sector that benefits from long-term demand, consumer preference shifts, and rising consumption of premium dry fruits.

The business model, operational efficiency, and strategic investment focus indicate strong potential for enhanced future performance as additional processing capacity ramps up.