SSMD Agrotech’s IPO was subscribed 1.62 times on the last day. The retail quota was subscribed over 2.54 times, the NII was subscribed over 0.62 times, and the QIB was subscribed over 5.33 times.
Details About SSMD Agrotech IPO
SSMD Agrotech got approval from SEBI for an IPO of around ₹34.09 crores. SSMD Agrotech IPO consists of a fresh issue of ₹34.09 crores with a face value of ₹10 each.
Furthermore, SSMD Agrotech had a set price band of ₹114 to ₹121 per share.
In the SSMD Agrotech IPO, 2,000 shares were in 2 lot sizes for the retail minimum and maximum categories as well.
Moreover, 3,000 shares were in 3 lot sizes for the S-HNI Min category. 8,000 shares were in 8 lot sizes for the S-HNI Max category. And 9,000 shares were in 9 lot sizes for the B-HNI Min category.
To invest in the SSMD Agrotech IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,42,000.
- SHNI (S-HNI): Minimum investment of ₹3,63,000.
- SHNI (S-HNI): Maximum investment of ₹9,68,000.
- BHNI Min: Minimum investment of ₹10,89,000.
SSMD Agrotech IPO’s Subscription Duration
The opening date of the SSMD Agrotech IPO was on November 25, 2025, and the closing date was on November 27, 2025. The allotment date of SSMD Agrotech’ IPO was on November 28, 2025, and the investors will receive a refund on December 1, 2025. SSMD Agrotech is set to be listed on December 2, 2025.
SSMD Agrotech IPO funds deployment
- The proceeds raised from the Funding of the Working capital Requirement of the Company.
- A portion of revenue towards Repayment of a portion of certain Borrowings availed by our Company.
- A portion of it is used towards Capital Expenditure to be incurred by the Company for the setting up of new D2C dark Store factories.
- A portion of it is used towards capital Expenditure to be incurred by the Company for the purchase of machinery for the setting up of the Namkeen Plant.
- Lastly, the remaining funds will be used for the General Corporate Purpose.
About SSMD Agrotech Company
SSMD Agrotech India Ltd, also known as House of Manohar, is one of the prominent companies that makes, trades, and repacks a variety of good-quality agro-food products.
Manohar Lal Jaigopal Agro Industries and S.S. Agro India were two independent companies that launched House of Manohar (HOM), and both of them were involved in preparing and delivering high-quality food products. Under its brands Manohar Agro, Super S.S., Delhi Special, and Shri Dhanlaxmi, the company sells Puffed Rice, Ramdana (Cholai), Gram Flour, Matar Flour, Chana Dal, Idli Rava, Rice Powder, and several other items made from Chana Dal, such as Chana Chilka, Chana Churi, Chana Khanda, and Chana Sattu.
