SSMD Agrotech India IPO Details

SME

SSMD Agrotech India IPO opens for subscription on 25 Nov 2025 and closes on 27 Nov 2025. The IPO will be listed on BSE with the tentative listing date set for 02 Dec 2025.

SSMD Agrotech India IPO price band has been fixed at ₹114 – ₹120 per share.The face value is ₹10 per share with a lot size of 1000.

SSMD Agrotech India IPO total issue size comprises 28,17,000 shares (aggregating up to ₹33.80 Cr.). This includes a fresh issue of 28,17,000 shares (aggregating up to ₹33.80 Cr.). Pre-issue shareholding stands at 58,49,129, which will increase to 86,66,129 post-issue.

SSMD Agrotech India IPO Lot Size : Individual Minimum is 2 lots (2,000 shares) amounting to ₹240,000. Individual Maximum is 2 lots (2,000 shares) amounting to ₹240,000. SHNI Minimum is 3 lots (3,000 shares) amounting to ₹360,000. SHNI Maximum is 8 lots (8,000 shares) amounting to ₹960,000. BHNI Minimum is 9 lots (9,000 shares) amounting to ₹1,080,000.

The Lead Managers for SSMD Agrotech India IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is 3Dimension Capital Services Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Nikunj Stock Brokers. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the SSMD Agrotech India Limited RHP.

SSMD Agrotech India IPO Details

Listing Price : ₹73 at a Discount of 39.17%

Open Date

25 Nov 2025

Close Date

27 Nov 2025

Listing Date

02 Dec 2025

Issue Price

₹114 - ₹120

Face Value

₹10 per share

Lot Size

1000

GMP

₹0

Issue Type

IPO

Listing On

BSE

Type

Book Built Issue

Share holding pre issue

5849129

Share holding post issue

8666129

Total Issue Size

28,17,000 shares (aggregating up to ₹33.80 Cr.)

Fresh Issue

28,17,000 shares (aggregating up to ₹33.80 Cr.)

Offer for Sale

SSMD Agrotech India IPO Subscription

SSMD Agrotech India IPO Application Wise Breakup

SSMD Agrotech India IPO Dates

25 Nov 2025
Opening dateOpen
27 Nov 2025
Closing dateClose
28 Nov 2025
Allotment Date Allotment
01 Dec 2025
Initiation of RefundsRefund
01 Dec 2025
Credit of SharesCredit
02 Dec 2025
Listing dateListing

SSMD Agrotech India IPO Lot Size

Application	Lots	Shares	Amount
Individual Minimum	2	2000	₹240,000
Individual Maximum	2	2000	₹240,000
SHNI Minimum	3	3000	₹360,000
SHNI Maximum	8	8000	₹960,000
BHNI Minimum	9	9000	₹1,080,000

SSMD Agrotech India IPO Reservation

Promoter Holding

Pre Issue:100%

Post Issue:67.49%

Promoter Names:

Mr. Ishu Munjal, Mrs. Surbhi Munjal, Mr. Jai Gopal Munjal

Documents

› SSMD Agrotech India IPO DRHP

› SSMD Agrotech India IPO RHP

› SSMD Agrotech India IPO BOA

SSMD Agrotech India IPO Valuations

ROE:130.46%

ROCE:100.85%

DEBT/EQUITY:0.88

RONW:78%

PAT MARGIN:5.42%

PRICE TO BOOK VALUE:9.57

P/E Pre IPO:13.05

P/E Post IPO:13.55

SSMD Agrotech India Financial Information

Period Ended	30 Sep 2025	31 Mar 2025	31 Mar 2024
Assets	32.33	18.16	15.60
Total Income	52.13	99.18	73.45
Profit After Tax	3.84	5.38	1.10
EBITDA	5.79	8.47	3.23
NET Worth	10.76	6.92	1.33
Reserves and Surplus	4.91	6.39	0.02
Total Borrowing	6.88	6.07	7.02
Amount in ₹ Crore

About SSMD Agrotech India IPO

House of Manohar (HOM) originally started as two separate proprietorship firms i.e. Manohar Lal Jaigopal Agro Industries and S.S Agro India, later merged as Shree Dhanlaxmi Flour Mills Private Limited, then renamed to SSMD Agrotech India Private Limited.

SSMD Agrotech India Ltd is engaged in the manufacturing, trading, and repacking of a wide array of high-quality agro-food products. The company operates under four brands: Manohar Agro, Super S.S., Delhi Special, Shri Dhanlaxmi

Its product portfolio include Puffed Rice, Ramdana (Cholai), Gram Flour, Matar Flour, Chana Dal, Idli Rava, Rice Powder, and several by-products of Chana Dal like Chana Chilka, Chana Churi, Chana Khanda, and Chana Sattu.

The company primarly sells products through a network of distributors across Delhi/NCR, Haryana, Uttar Pradesh, Punjab, and Uttarakhand. Additionally, it also sells products directly to consumers (D2C) through micro manufacturing unit.

It has 3 manfuacturing facilities and 1 D2C dark stores.

Strength Of SSMD Agrotech India IPO

Diversified range of services offered.
Strong Client base.
Experience of our Promoter and core management team.
Quality Assurance.
Cost competitiveness and time bound delivery.
Innovative Approch to 10-Minute Delivery Model.
Continued Product Portfolio Expansion.
Established and Growing Brand Equity.

Risk Of SSMD Agrotech India IPO

We have certain outstanding litigation against our Promoters, director and Group Companies an adverse outcome of which may have an adverse impact on our reputation, business and results of operations.
We have experienced negative cash flows in the past. Any such negative cash flows in the future may adversely affect our business, financial condition, results of operations and prospects.
We are dependent on and derive a substantial portion of our revenue from a limited number of customers Cancellation by customers or a delay or reduction in their orders could have material adverse effect on our business, results of operations and financial condition.
Our business is subject to seasonal volatility, which may contribute to fluctuations in our results of operations and financial condition.
Our Company's logo and some other Trademnarks for which the Company has applied is not registered as on the date of this Red Herring Prospectus. We may be unable to adequately protect our intellectual Property. Also, we Cannot assure the timely registration of our logo.
There have been instances of delays in filings of certain forms which were required to be filed as per the reporting requirements under the Companies Act, 2013 to RoC.
There have been some instances of delayed filing of returns and depositing of statutory dues with regulatory authorities.
The Company is dependent on few numbers of suppliers. Loss of any of this large supplier may affect our cost of raw material and profitability.
Our manufacturing facility and corporate office are located on rental premises. If we are unable to renew such rent agreements or relocate on commercially suitable terms, it may have a material adverse effect on our business, results of operation and financial condition.
Our Company has recently entered the Direct-to-Consumer (D2C) business model by opening D2C dark store factories. This innovation may involve challenges related to setup, scalability, customer acquisition, and operational efficiency.