
SSMD Agrotech India IPO is a book-built IPO worth ₹34.09 crore, consisting entirely of a fresh issue of 28 lakh equity shares.
The IPO opened for subscription on November 25, 2025, and will remain available until November 27, 2025. The share allotment is expected to be finalised on November 28, 2025. The company is set to list on the BSE SME platform, with the tentative listing date scheduled for December 2, 2025.
The price band for the SSMD Agrotech India IPO has been fixed between ₹114 and ₹121 per share, and investors can apply with a minimum lot size of 1,000 shares.
SSMD Agrotech India IPO has received 1.08 times total subscription. By 11:04:34 AM on November 27, 2025 (Day 3), the issue was subscribed 1.69 times by retail investors, 2.00 times by QIBs (excluding anchor investors), and 0.45 times by NIIs.
SSMD Agrotech India is launching a book-built IPO worth ₹34.09 crore, comprising a fresh issue of 0.28 crore equity shares. The subscription window opened on November 25, 2025, and will close on November 27, 2025.
The IPO price band has been set between ₹114 and ₹121 per share. The minimum lot size is 1,000 shares, and retail investors must apply for at least 2 lots (2,000 shares), requiring a minimum investment of ₹2,42,000 at the upper end of the price band.
SSMD Agrotech India IPO saw 1.08 times overall subscription, with retail at 1.69x, QIB (ex-anchor) at 2.00x, and NII at 0.45x as of 11:04:34 AM on Day 3.
The table below breaks down the SSMD Agrotech India share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Market Maker Shares Offered | 1,56,000 (5.54%) |
| QIB Shares Offered | 27,000 (0.96%) |
| NII (HNI) Shares Offered | 13,16,000 (46.72%) |
| − bNII > ₹10L | 8,77,000 (31.13%) |
| − sNII < ₹10L | 4,39,000 (15.58%) |
| Retail Shares Offered | 13,18,000 (46.79%) |
| Total Shares Offered | 28,17,000 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 2.00 |
| Non-Institutional Investors | 0.45 |
| Retail Individual Investors | 1.69 |
| Total shares | 1.08 |
Note: The subscription details are as of Nov 27, 2025
House of Manohar (HOM) began as two separate proprietorship entities—Manohar Lal Jaigopal Agro Industries and S.S. Agro India. These were later merged to form Shree Dhanlaxmi Flour Mills Private Limited, which was eventually renamed SSMD Agrotech India Private Limited.
SSMD Agrotech India Ltd is involved in manufacturing, trading, and repacking a diverse range of premium agro-food products. The company offers its products under four key brands: Manohar Agro, Super S.S., Delhi Special, and Shri Dhanlaxmi.
Its product range includes Puffed Rice, Ramdana (Cholai), Gram Flour, Matar Flour, Chana Dal, Idli Rava, Rice Powder, and multiple Chana Dal by-products such as Chana Chilka, Chana Churi, Chana Khanda, and Chana Sattu.
The company primarily distributes its products through an extensive distributor network across Delhi/NCR, Haryana, Uttar Pradesh, Punjab, and Uttarakhand. It also sells directly to consumers through its micro-manufacturing unit under a D2C model.
SSMD Agrotech currently operates three manufacturing facilities along with one D2C dark store.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Nov 27, 2025, 11:19 AM IST

Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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