Pajson Agro's Rs 74.4-cr SME IPO subscribed 6.59 times

• Pajson Agro India's Rs 74.4 crore SME IPO was subscribed 6.59 times on its final day, Monday.
• The IPO received bids for over 2.71 crore equity shares against 41.79 lakh shares on offer.
• Qualified Institutional Buyers (QIBs) subscribed 10.92 times, non-institutional investors 7.26 times, and individual investors 3.85 times.
• The company plans to use Rs 57 crore from the fresh issue to establish a second cashew processing facility in Vizianagaram, Andhra Pradesh.
• Pajson Agro India processes raw cashew nuts and markets dry fruits under its "Royal Mewa" brand, reporting FY25 revenue of Rs 187.26 crore and PAT of Rs 20.42 crore.

Why It Matters: Pajson Agro's IPO oversubscription reflects strong market confidence.