Pajson Agro India Ltd - IPO

Pajson Agro India Ltd IPO Details

Initial public offer of up to 63,09,600 equity shares of face value of Rs.10/- each (the Equity Shares) of Pajson Agro India Limited (the Company or Pajson or the Issuer) for cash at a price of Rs. 118 per equity share including a share premium of Rs. 108 per equity share (the Issue Price) Aggregating to Rs. 74.45 crores (the Issue), of which up to 3,57,600 equity shares of face value of Rs. 10/-each for cash at a price of Rs. 118 per equity share including a share premium of Rs. 108 per equity share aggregating to Rs. 4.22 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e., net issue of up to 59,52,000 equity shares of face value of Rs.10/- each at a price of Rs. 118 per equity share including a share premium of Rs. 108 per equity share aggregating to Rs. 70.23 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 26.50 % and 25.00% respectively of the post issue paid up equity share capital of the company.

Objective of issue

Capital Expenditure towards Establishment of a Second Cashew Processing Facility at Vizianagaram, Andhra Pradesh. General Corporate Purpose.

Pajson Agro India Ltd Contact Details

Pajson Agro India Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - investor@pajsonagro.com

Website - www.pajsonagro.com