SSMD Agrotech India IPO
SSMD Agrotech India IPO Details
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Open Date
25 Nov 2025
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Close Date
27 Nov 2025
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Listing Date
02 Dec 2025
- IPO Price Range
₹ 114 to ₹121
- IPO Size
₹ 34.09 Cr
- Listing Exchange
BSE SME
SSMD Agrotech India IPO Timeline
SSMD Agrotech India IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 25-Nov-2025 | 2.00 | 0.44 | 0.86 | 0.67 |
| 26-Nov-2025 | 2.00 | 0.41 | 1.39 | 0.92 |
| 27-Nov-2025 | 5.33 | 0.62 | 2.54 | 1.62 |
Last Updated: 27 November 2025 6:12 PM by 5paisa
House of Manohar (HOM) began as two proprietorships, Manohar Lal Jaigopal Agro Industries and S.S. Agro India, later merging into Shree Dhanlaxmi Flour Mills Private Limited, and subsequently renamed SSMD Agrotech India Private Limited. The company manufactures, trades, and repacks a wide range of high-quality agro-food products under four brands: Manohar Agro, Super S.S., Delhi Special, and Shri Dhanlaxmi. Its portfolio includes puffed rice, flours, dals, rava, and chana by-products, sold via distributors across North India and directly to consumers through micro units.
Established in: 2023
Managing Director: Mr. Ishu Munjal
SSMD Agrotech India Objectives
1. The company aims to fund working capital, ₹13.10 crore.
2. A portion of borrowings will be repaid, ₹6.83 crore.
3. Capital will be spent on D2C dark store factories, ₹2.04 crore.
4. Investment planned for Namkeen plant machinery, ₹0.97 crore.
5. Funds will support general corporate and strategic purposes.
SSMD Agrotech India IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹34.09 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹34.09 Cr |
SSMD Agrotech IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
| Retail (Min) | 2 | 2,000 | 2,42,000 |
| Retail (Max) | 2 | 2,000 | 2,42,000 |
| S - HNI (Min) | 3 | 3,000 | 3,63,000 |
| S - HNI (Max) | 8 | 8,000 | 9,68,000 |
| B - HNI (Max) | 9 | 9,000 | 10,89,000 |
SSMD Agrotech IPO Reservation
| Investors Category | Subscription (times) | Shares Offered* | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB (Ex Anchor) | 5.33 | 27,000 | 1,44,000 | 1.742 |
| Non-Institutional Buyers | 0.62 | 13,16,000 | 8,11,000 | 9.813 |
| bNII (bids above ₹10L) | 0.21 | 8,77,000 | 1,87,000 | 2.263 |
| sNII (bids below ₹10L) | 1.42 | 4,39,000 | 6,24,000 | 7.550 |
| Retail Investors | 2.54 | 13,18,000 | 33,54,000 | 40.583 |
| Total** | 1.62 | 26,61,000 | 43,09,000 | 52.139 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Revenue | 48.52 | 73.34 | 99.18 |
| EBITDA | 0.80 | 3.23 | 8.47 |
| Profit After Tax (PAT) | -0.00 | 1.10 | 5.38 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Total Assets | 10.67 | 15.60 | 18.16 |
| Share Capital | 0.66 | 1.31 | 0.53 |
| Total Liabilities | 0.67 | 15.60 | 18.16 |
| Particulars (In ₹ Crores) | FY23 | FY24 | FY25 |
| Net Cash Generated From / (used in) Operating Activities | -5.08 | 1.44 | 2.46 |
| Net Cash Generated From / (used in) Investing Activities | -0.96 | -1.22 | -0.82 |
| Net Cash Generated From / (used in) Financing Activities | 3.69 | -0.61 | -0.75 |
| Net Increase / (Decrease) In Cash And Cash Equivalents | 0.19 | 0.04 | 0.88 |
Strengths
1. Strong portfolio of diverse agro-food products.
2. Established distribution network across North India.
3. Multiple reputable brands under company umbrella.
4. Experience in manufacturing and repacking operations.
Weaknesses
1. Limited presence in southern Indian markets.
2. Dependence on regional distributors for sales.
3. Smaller D2C reach compared to competitors.
4. Capital-intensive expansion projects may strain finances.
Opportunities
1. Expanding direct-to-consumer (D2C) channels nationwide.
2. Launching new products like Namkeen and snacks.
3. Increasing demand for ready-to-cook and healthy foods.
4. Potential for modern dark-store-based distribution expansion.
Threats
1. Intense competition from established agro-food companies.
2. Fluctuating raw material prices impacting margins.
3. Regulatory changes affecting food processing operations.
4. Supply chain disruptions in northern Indian regions.
1. High-growth exposure to India’s booming food‑processing sector.
2. Expansion into D2C and dark‑store distribution channels.
3. Diversified product mix across pulses, flours, namkeen.
4. Scale-up potential via new manufacturing and repacking capacity.
SSMD Agrotech operates in India’s booming food‑processing sector, supplying staples like puffed rice, gram flour, dals, and namkeen. With increasing urbanisation, D2C adoption and government support for food manufacturing, the company is well placed to expand. Its focus on micro manufacturing units and dark‑store distribution aligns with the rising demand for packaged, convenient food across northern and emerging Indian markets.
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FAQs
SSMD Agrotech India IPO opens from November 24, 2025 to November 26, 2025.
The size of SSMD Agrotech India IPO is ₹33.80 Cr.
The price band of SSMD Agrotech India IPO is fixed at ₹114 to ₹120 per share.
To apply for SSMD Agrotech India IPO, follow the steps given below:
- Login to your 5paisa demat account and select the issue in the current IPO section
- Enter the number of lots and the price at which you wish to apply for the SSMD Agrotech India IPO.
- Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of SSMD Agrotech India IPO is of 2,000 shares and the investment required is ₹2,28,000.
The share allotment date of SSMD Agrotech India IPO is November 27, 2025
The SSMD Agrotech India IPO will likely be listed on December 1, 2025.
The book running lead managers for SSMD Agrotech India IPO is 3Dimension Capital Services Ltd.
SSMD Agrotech India IPO plans to utilise the raised capital from the IPO for:
- The company aims to fund working capital, ₹13.10 crore.
- A portion of borrowings will be repaid, ₹6.83 crore.
- Capital will be spent on D2C dark store factories, ₹2.04 crore.
- Investment planned for Namkeen plant machinery, ₹0.97 crore.
- Funds will support general corporate and strategic purposes.