Pajson Agro India Limited, incorporated on September 17, 2021, as a private entity, transitioned to a public limited company on February 8, 2025. The company specializes in processing raw cashew nuts into various grades of cashew kernels and markets its products domestically and internationally. It also offers select dry fruits under its white-label brand 'Royal Mewa' through a blend of e-commerce platforms and offline distribution channels. Pajson Agro employs a multi-channel sales approach with four key verticals: Wholesale Mandis, Institutional Sales, Exports, and its consumer brand, Royal Mewa.
The company's operations are bolstered by a state-of-the-art cashew processing plant in Anakapalli, Andhra Pradesh, which it acquired on February 16, 2022. Initially operating with a processing capacity of 7,000 metric tonnes (FY 2023), strategic investments in technology have progressively increased the capacity to 18,000 metric tonnes as of FY 2025. This expansion reflects Pajson Agro's focus on enhancing efficiency and meeting growing market demand.
Pajson Agro has established relationships with mandi traders and supplies cashew products across various grades to well-known domestic entities such as Bikanervala, More Retail, Nutraj, Farmley, Reliance Retail, and Haldiram. The company is also progressively expanding its international reach, with exports to the UAE recorded during FY 2024-2025.
Pajson Agro India Limited is planning to raise funds through an Initial Public Offering (IPO), involving the issuance of 63,09,600 equity shares with a face value of Rs 10 each as part of a fresh issue. This demonstrates its intent to secure additional capital to support growth and diversify its market presence further.