Comparison between Pajson Agro India IPO and Sai Urja Indo IPO.
Pajson Agro India IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sai Urja Indo IPO is a SME Bookbuilding proposed to list at BSE SME.
| Pajson Agro India IPO | Sai Urja Indo IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Smart Horizon Capital Advisors Pvt.Ltd. | Shannon Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Pajson Agro India IPO is up to ₹70.23 Cr whereas the issue size of the Sai Urja Indo IPO is up to ₹0.00 Cr. The final issue price of Pajson Agro India IPO is ₹118.00 per share and of Sai Urja Indo IPO is .
| Pajson Agro India IPO | Sai Urja Indo IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹112.00 per share | |
| Issue Price (Upper) | ₹118.00 per share | |
| Issue Price (Final) | ₹118.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | |
| Fresh Issue Size | 59,52,000 shares | 30,66,000 shares |
| Fresh Issue Size (Amount) | up to ₹70.23 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 3,12,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 59,52,000 shares | 33,78,000 shares |
| Issue Size Total (Amount) | up to ₹70.23 Cr | up to ₹0.00 Cr |
Pajson Agro India IPO opens on Dec 11, 2025, while Sai Urja Indo IPO opens on . The closing date of Pajson Agro India IPO and Sai Urja Indo IPO is Dec 15, 2025, and , respectively.
| Pajson Agro India IPO | Sai Urja Indo IPO | |
|---|---|---|
| Anchor Bid Date | Dec 10, 2025 | |
| Issue Open | Dec 11, 2025 | |
| Issue Close | Dec 15, 2025 | |
| Basis Of Allotment (Tentative) | Dec 16, 2025 | |
| Initiation of Refunds (Tentative) | Dec 17, 2025 | |
| Credit of Share (Tentative) | Dec 17, 2025 | |
| Listing date (Tentative) | Dec 18, 2025 | |
| Anchor Lockin End date 1 | Jan 14, 2026 | |
| Anchor Lockin End date 2 | Mar 15, 2026 |
Pajson Agro India IPO P/E ratio is 10.11, as compared to Sai Urja Indo IPO P/E ratio of .
| Pajson Agro India IPO | Sai Urja Indo IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated)Pajson Agro India Ltd.'s revenue increased by 95% and profit after tax (PAT) rose by 509% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)Sai Urja Indo Ventures Ltd.'s revenue increased by 43% and profit after tax (PAT) rose by 126% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 85 | 99.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 62.47 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹280.95 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 60.05 | 50.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 48.21 | 65.43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.33 | 0.69 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹11.67 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 46.18 | 50.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Pajson Agro India IPO Retail Individual Investors (RII) are offered 20,97,600 shares while in Sai Urja Indo IPO retail investors are offered 20,97,600 shares. Qualified Institutional Buyers (QIB) are offered 11,82,000 shares in Pajson Agro India IPO and 0 shares in Sai Urja Indo IPO.
| Pajson Agro India IPO | Sai Urja Indo IPO | |
|---|---|---|
| Anchor Investor Reservation | 17,72,400 shares | 0 shares |
| Market Maker Reservation | 3,57,600 shares | 0 shares |
| QIB | 11,82,000 shares | 0 shares |
| NII | 9,00,000 shares | 0 shares |
| RII | 20,97,600 shares | 0 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 59,52,000 shares | 0 shares |
Pajson Agro India IPO subscribed 4.56x in total, whereas Sai Urja Indo IPO subscribed .
| Pajson Agro India IPO | Sai Urja Indo IPO | |
|---|---|---|
| QIB (times) | 10.92x | |
| NII (times) | 6.86x | |
| Big NII (times) | 7.73x | |
| Small NII (times) | 5.14x | |
| RII (times) | 3.85x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 4.56x |
