Description

PAJSON AGRO INDIA LIMITED has allocated 17,72,400 equity shares to 12 anchor investors at Rs. 118 per share as part of its public issue of up to 63,09,600 equity shares.

Summary

PAJSON AGRO INDIA LIMITED (formerly Pajson Agro India Private Limited) has finalized the allocation of 17,72,400 equity shares to 12 anchor investors at Rs. 118 per equity share (including share premium of Rs. 108) on December 10, 2025. This represents the anchor investor portion of the company’s public issue of up to 63,09,600 equity shares of Rs. 10 each through the book-building route. The Board of Directors finalized the allocation in consultation with the Book Running Lead Manager.

Key Points

  • Total equity shares allocated to anchor investors: 17,72,400 shares
  • Anchor investor allocation price: Rs. 118 per equity share (face value Rs. 10 + premium Rs. 108)
  • Total public issue size: Up to 63,09,600 equity shares
  • Number of anchor investors: 12 institutional investors
  • Largest allocation: Finavenue Growth Fund (3,39,600 shares - 19.16%)
  • No mutual fund schemes participated in the anchor investor portion
  • Board meeting date for allocation: December 10, 2025

Anchor Investor Details

  1. Finavenue Growth Fund: 3,39,600 shares (19.16%)
  2. Bharat venture opportunities fund: 2,97,600 shares (16.79%)
  3. Aarth.AIF Growth Fund: 2,54,400 shares (14.35%)
  4. Capri Global Capital Limited: 1,27,200 shares (7.18%)
  5. Generational Capital Breakout Fund I: 1,27,200 shares (7.18%)
  6. Manifested Opportunity Growth Fund: 1,02,000 shares (5.75%)
  7. LRSD Securities Private Limited: 92,400 shares (5.21%)
  8. Rajasthan Global Securities Private Limited: 91,200 shares (5.15%)
  9. Grobiz SME Opportunity Fund: 85,200 shares (4.81%)
  10. Holani Venture Capital Fund- I: 85,200 shares (4.81%)
  11. Sunrise Investment Opportunities Fund: 85,200 shares (4.81%)
  12. SB Opportunities Fund II: 85,200 shares (4.81%)

Regulatory Changes

No regulatory changes announced. The allocation follows Securities and Exchange Board of India (Issue of Capital and Disclosure Requirement) Regulations, 2018, as amended.

Compliance Requirements

  • If the final issue price discovered through book building is higher than the anchor investor allocation price of Rs. 118, anchor investors will be required to pay the difference amount
  • Payment of differential amount to be made by the pay-in date as specified in the revised Confirmation of Allocation Note (CAN)
  • Company has disclosed the allocation details on BSE website as required

Important Dates

  • December 10, 2025: Board meeting date for finalizing anchor investor allocation
  • Issue Price Discovery: Pending through book-building process
  • Differential Payment (if applicable): As per revised CAN timeline

Impact Assessment

Market Impact: Medium - The anchor investor allocation represents an important milestone in PAJSON AGRO’s IPO process. The successful placement of 17,72,400 shares to 12 institutional investors at Rs. 118 per share demonstrates investor confidence and provides a reference price for retail investors.

Company Impact: High for PAJSON AGRO - This anchor allocation secures a significant portion of the issue amount and provides price stability. The diverse mix of venture funds, AIFs, and institutional investors indicates broad-based interest.

Investor Impact: The anchor allocation price of Rs. 118 serves as an important indicator for retail investors participating in the public issue. Anchor investors face a lock-in period as per SEBI regulations and may need to pay additional amount if the final issue price is higher.

Industry Relevance: The company operates in the agro sector with processing unit in Visakhapatnam, Andhra Pradesh. CIN: U01100DL2021PLC386740 indicates incorporation in 2021.

Impact Justification

IPO anchor allocation is important for price discovery and investor sentiment but has limited market-wide impact. Affects only PAJSON AGRO and its investors.