
Agriculture & Food Processing · BSE
SSMD Agrotech India Limited, formerly known as Shree Dhanlaxmi Flour Mills Private Limited and originating from the merger of Manohar Lal Jaigopal Agro Industries and S.S. Agro India, is engaged in the manufacturing, trading, and repacking of a wide range of high-quality agro-food products. Operating under four brands—Manohar Agro, Super S.S., Delhi Special, and Shri Dhanlaxmi—the company’s portfolio includes puffed rice, ramdana (cholai), gram flour, matar flour, chana dal, idli rava, rice powder, and various chana dal by-products such as chana chilka, chana churi, chana khanda, and chana sattu. SSMD primarily distributes its products through a network of distributors across Delhi/NCR, Haryana, Uttar Pradesh, Punjab, and Uttarakhand, while also serving consumers directly through its micro-manufacturing unit and one D2C dark store. The company operates three manufacturing facilities to support its operations.
Price Band
₹114 – ₹121
Issue Size
₹34.08 Cr
Lot Size
1000 shares
GMP
Est. Listing
₹121
at current GMP
Subscribed
1.77x
overall
Open
25 Nov 2025
Close
27 Nov 2025
Allotment
28 Nov 2025
Refund
29 Nov 2025
Demat Credit
30 Nov 2025
Listing
2 Dec 2025
Designated Registrar: Bigshare Services Private Limited
Allotment Date
28 Nov 2025
Basis finalization
Refunds Initiate
29 Nov 2025
Mandate release
Demat Credit
30 Nov 2025
Shares in demat
Listing Debut
2 Dec 2025
Trading begins
SSMD Agrotech India Limited is bringing an initial public offering (IPO) in the Agriculture & Food Processing sector with an aggregate issue size of ₹34.08 Crores. The shares are offered at a price band of ₹114 to ₹121 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,21,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-11-30, while un-allotted funds or UPI block mandates will be released on 2025-11-29.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.