
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
Overall Subscription
1.77x
Total Demand
QIB Multiplier
5.33x
Institutions & Funds
NII / HNI
0.75x
High Net-Worth
Retail (RII)
2.70x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 27,000 | 144,000 | 5.33x |
| NIB | 1,316,000 | 993,000 | 0.75x |
| HNIs(10L +) | 878,000 | 343,000 | 0.39x |
| HNIs (2-10L) | 438,000 | 650,000 | 1.48x |
| RETAIL | 1,318,000 | 3,564,000 | 2.70x |
| Total | 3,977,000 | 5,694,000 | 1.77x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 3 | 0.00x |
| NIB | — | 217 | 0.00x |
| RETAIL | 659 | 1,782 | 2.70x |
| HNIs(10L +) | 293 | 14 | 0.05x |
| HNIs (2-10L) | 146 | 205 | 1.40x |
| Total Applications | 1,098 | 2,221 | 2.02x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, SSMD Agrotech India Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹114 to ₹121 per equity share.
The retail lot size is 1000 shares requiring a minimum application amount of ₹1,21,000. Expected listing price is ₹121 per equity share.
The SSMD Agrotech India Limited IPO aggregate issue size is ₹34.08 Crores with an equity price band set at ₹114 to ₹121 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,21,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.77x (Retail: 2.70x, QIB: 5.33x, NII: 0.75x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-11-28. Investors can verify status using PAN card or application number.
SSMD Agrotech India Limited shares are scheduled to list on BSE on 2025-12-02.