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Pajson Agro IPO: Rs 74 Cr Raise for Cashew Expansion
9 Dec
Summary
- Pajson Agro opens IPO on December 11, 2025, aiming to raise ₹74.45 Crore.
- Proceeds will fund a new cashew processing facility in Vizianagaram, Andhra Pradesh.
- The company operates its 'Royal Mewa' brand across 18 states and 3 Union Territories.
Pajson Agro India Limited, the processor behind the 'Royal Mewa' brand, is set to launch its Initial Public Offering on December 11, 2025. The company aims to raise ₹74.45 Crore through this issuance, with shares scheduled for listing on the BSE SME platform. The IPO will involve the issuance of 63,09,600 equity shares.
The primary objective of this fundraising is to finance capital expenditure for establishing a second cashew processing facility. This new facility will be located in Vizianagaram, Andhra Pradesh, significantly boosting the company's processing capacity. Additionally, a portion of the net proceeds will be allocated for general corporate purposes, supporting ongoing business operations and strategic initiatives.
With a strong foothold in the Indian market, Pajson Agro serves 18 states and 3 Union Territories through a network of 71 distributors. The company's Chairman & Managing Director, Mr. Aayush Jain, highlighted the vision to scale capabilities, expand domestic and international reach, and strengthen the 'Royal Mewa' brand. The expansion into Vizianagaram is a key step towards achieving these growth objectives and enhancing operational efficiency.
