SSMD Agrotech India IPO - AstroIPO

SSMD Agrotech India IPO


December 1, 2025 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

SSMD Agrotech India Ltd. is set to enter the FMCG sector through its agro-based consumer products debut. The SSMD Agrotech India IPO, scheduled from November 25th to November 27th, 2025, brings a ₹34.09 crore public issue of 28,17,000 shares priced between ₹114-₹121 per share.

Market participants can apply for a minimum of 2,000 shares, requiring ₹2,42,000 investment at the cut-off price. The SSMD Agrotech India IPO shares, carrying ₹10 face value, will debut on BSE, introducing this agricultural technology and FMCG specialist to the public markets through dedicated agro-consumer products sector representation.

SSMD Agrotech India IPO Details

The key details of SSMD Agrotech India’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.

IPO Size ₹34.09 Cr
Price Range ₹114 - ₹121
Retail Quota 50%
QIB Quota --
NII Quota 50%
Employee Discount --
Listing at BSE
Minimum Quantity 2,000
Investment (cut-off price) ₹2,42,000
Pre IPO Promotor Holding 100%
Post IPO Promotor Holding Update soon
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

SSMD Agrotech India IPO Timelines

The IPO process for SSMD Agrotech India includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.

25/11/2025
Start Date
27/11/2025
End Date
28/11/2025
Allotment Date View Status
01/12/2025
Refund Initiation
01/12/2025
Credit of Shares to Demat Ac
02/12/2025
Listing Date

SSMD Agrotech India IPO Lot Size

The SSMD Agrotech India IPO has a fixed lot size of 1,000 shares, at an upper price band of ₹121 per share. For retail investors, the minimum and maximum application is 2,000 shares (2 lots) amounting to ₹2,42,000. For Small HNI (S-HNI) investors, the minimum application is 3,000 shares (3 lots) worth ₹3,63,000, while the maximum is 8,000 shares (8 lots) amounting to ₹9,68,000. Big HNI (B-HNI) investors need to apply for at least 9,000 shares (9 lots), totaling ₹10,89,000.

Application Lot Size Shares Amount
Retail Minimum 2 2000 ₹2,42,000
Retail Maximum 2 2000 ₹2,42,000
S-HNI Minimum 3 3000 ₹3,63,000
S-HNI Maximum 8 8000 ₹9,68,000
B-HNI Minimum 9 9000 ₹10,89,000

SSMD Agrotech India IPO Subscription Status

The subscription status for SSMD Agrotech India IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.

QIB NII Retail EMP Total
5.33x 0.62x 2.54x -- 1.62x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low

SSMD Agrotech India IPO Company Financials

SSMD Agrotech India reports robust performance in FY2026 September with Total Income of ₹52.13 crores, managing expenses at ₹46.95 crores, and achieving a strong PAT (Profit After Tax) of ₹3.84 crores, demonstrating significant growth potential ahead of its public offering.

Year Total Income Total Expense PAT
FY 2024 ₹73.45 ₹71.38 ₹1.10
FY 2025 ₹99.18 ₹91.81 ₹5.38
FY 2026 (6 M) ₹52.13 ₹46.95 ₹3.84

About Company

House of Manohar began as two separate proprietorships named Manohar Lal Jaigopal Agro Industries and S S Agro India. These firms later merged to form Shree Dhanlaxmi Flour Mills Private Limited, which was eventually renamed SSMD Agrotech India Private Limited. The company is involved in manufacturing, trading, and repacking a wide range of agro food products and operates through four established brands, namely Manohar Agro, Super S S, Delhi Special, and Shri Dhanlaxmi.

Its product line includes puffed rice, ramdana or cholai, gram flour, matar flour, chana dal, idli rava, rice powder, and multiple by products of chana dal such as chana chilka, chana churi, chana khanda, and chana sattu. The company distributes its products mainly through a strong network across Delhi NCR, Haryana, Uttar Pradesh, Punjab, and Uttarakhand, while also selling directly to consumers through a micro manufacturing unit. SSMD Agrotech operates three manufacturing facilities along with one dedicated D2C dark store.

Incorporation Date Sector Managing Director
2023 FMCG Ishu Munjal

Know Before Investing

When evaluating SSMD Agrotech India's IPO potential, understanding both its market advantages and inherent risks becomes crucial for your investment. Below are the key insights you should consider.

SSMD Agrotech India IPO Strengths

  • SSMD Agrotech India posted a 35% revenue rise and a 388% profit increase between FY24 and FY25, reflecting strong operating leverage and scale-up.
  • Multiple in-house FMCG brands and an expanding dealer/distributor network aid deeper market penetration across North India.
  • Proximity to agricultural mandis and one-stop processing capabilities help optimize cost structure and ensure product traceability.
  • As operations scale and new value-added products/D2C strategies launch, profit margins have room to improve further.
  • The company offers a wide range of agro-foods and staples targeting pulses, grains, and packaged food categories.
  • The company benefits from consistent demand for staple foods and rapid commerce trends in North India.

SSMD Agrotech India IPO Risks

  • SSMD faces strong competition from larger regional and national FMCG brands, posing risks to market share and pricing.​
  • Expansion and scaling require significant investment in inventory and receivables; liquidity management will be crucial for stability.​
  • New capex plans, Namkeen Plant setup, and D2C expansion could strain resources or encounter delays.​
  • Agro and food processing is subject to seasonal cycles, influencing production planning and revenues.​
  • The industry remains highly price-sensitive, with risk of margin compression during periods of inflation or muted consumer demand.​
  • Changes in food safety, packaging, or agri-processing rules could impact cost structure, compliance, and operational continuity.​

Swot Analysis for SSMD Agrotech India IPO

Understanding SSMD Agrotech India's SWOT analysis is your first step towards making a confident investment decision. Let's evaluate its core strengths and potential challenges ahead.

Strengths

Strong Manufacturing Network, Steady Revenue Growth, Distributor-Led Expansion

Weaknesses

High Customer Concentration, Fragmented, Competitive Market, Pending Litigations

Opportunities

D2C and Retail Growth, Geographic Expansion, Supply Chain Upgrades

Threats

Raw Material Price Fluctuations, Regulatory Risks, Dependency on Agri Yield

Company Details

SSMD Agrotech India Ltd.

Khasra No. 640/641, Libaspur Road, Village Siraspur, Siraspur, North West Delhi, New Delhi, 110042

Phone: 011-45380705

Email: cs@houseofmanohar.com

Website: http://www.houseofmanohar.com/

IPO Registar Details

Bigshare Services Pvt. Ltd.

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/IPO_Status.html

FAQs

The key objectives of SSMD Agrotech India SME IPO are:

  • Funding of Working capital Requirement of the Company
  • Repayment of portion of certain Borrowings availed by Company
  • Capital Expenditure to be incurred by the Company for the setting up of new D2C dark Store factories
  • Capital Expenditure to be incurred by the Company For purchase of machinery for setting up of Namkeen Plant
  • General Corporate Purpose

3Dimension Capital Services Ltd. is the book-running lead managers for the SSMD Agrotech India IPO.

SSMD Agrotech India IPO offers strong growth potential driven by rising demand for packaged staples, expansion of its D2C and dark store model, and increasing focus on value added products. Its integrated operations, widening distribution network and alignment with evolving consumer preferences support sustained business scalability.

The issue price for the SSMD Agrotech India IPO is set between ₹114 to ₹121 per share.

To invest in two lot of SSMD Agrotech India IPO, you need ₹2,28,000 at the lower price band (₹114 per share) or ₹2,42,000 at the upper price band (₹121 per share) for a lot size of 2000 shares.

SSMD Agrotech India IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on December 2, 2025.

Refund/unblocking of funds for SSMD Agrotech India IPO will begin on December 1, 2025. ASBA/UPI blocks will be removed within 1 working day.

You can sell shares your SSMD Agrotech India IPO shares on listing day (December 2, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.

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