Pajson Agro India IPO: Allotment Date, Subscription & Listing Update

Market Performance

Pajson Agro India’s maiden IPO has caught the attention of investors with robust subscription numbers. The SME IPO, valued at ₹74.45 crore, witnessed overwhelming interest across retail, non-institutional, and qualified institutional segments.

• Total Shares on Offer: 41,79,600
• Total Bids Received: 2,71,70,400 (6.50x subscription)
• Retail Portion: 3.85x subscribed
• NII Portion: 6.86x subscribed
• QIB Portion: 10.92x subscribed

The strong response reflects high investor confidence in the company’s growth story and its expansion plans.

Main News: Allotment Date & Status

Following the close of the IPO on December 15, investor attention now shifts to the allotment. The Pajson Agro India IPO allotment date is December 16, with final allotments generally finalised a day after subscription closure.

Investors can track their allotment via two main channels:

On the BSE Website

1. Visit the BSE IPO Allotment Page
2. Select Issue Type: Equity
3. Choose Pajson Agro India from the dropdown
4. Enter Application Number or PAN Number
5. Complete the CAPTCHA and click Search

On Registrar Website (Bigshare Services)

1. Visit Bigshare IPO Allotment
2. Select any server
3. Pick Pajson Agro India from the company dropdown
4. Choose selection type: Application Number / Beneficiary ID / PAN Number
5. Enter the relevant details, solve CAPTCHA, and click Search

Company Details & IPO Structure

Pajson Agro India’s IPO was structured entirely as a fresh issue of 0.63 crore equity shares.

• Price Band: ₹112 – ₹118 per share
• Lot Size: 1,200 shares
• Minimum Application for Retail: 2 lots (2,400 shares), ₹2,83,200 at the upper price band
• Use of Proceeds:
  • Capex for a second cashew processing facility at Vizianagaram, Andhra Pradesh
  • General corporate purposes

Book-running Lead Manager: Smart Horizon Capital Advisors Pvt. Ltd.

Registrar: Bigshare Services Pvt. Ltd.

Summary & Listing

After receiving strong subscriptions and bids, Pajson Agro India's IPO allotment is scheduled for December 16. Shares are expected to list on the BSE SME platform on December 18, marking the company’s public market debut.

The IPO has generated significant interest, particularly in the retail segment, reflecting investor confidence in Pajson Agro India’s growth strategy and expansion into the cashew processing sector