SSMD Agrotech India Limited
Bookbuilding IPO · BSE
- Price band
- ₹114 - ₹121
- Lot size
- 1,000 shares
- Issue amount
- ₹34.08 cr
- Total subscription
- 1.77×
- Opens
- 25 Nov 2025
- Closes
- 27 Nov 2025
- Allotment
- 28 Nov 2025
- Listing
- 2 Dec 2025
Offer at a glance
Issue overview
- Issue size
- 28,17,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,14,000
- Fresh issue
- ₹34.08 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,21,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 58,49,129
- Shares after issue
- 86,66,129
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,000 | ₹2,42,000 |
| sHNI | 3 | 3,000 | ₹3,63,000 |
| bHNI | 9 | 9,000 | ₹10,89,000 |
Share reservation
Subscription & GMP
Subscription by category
Reported 27 Nov 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 3 |
| NIB | 0 | 217 |
| RETAIL | 659 | 1,782 |
| HNIs(10L +) | 293 | 14 |
| HNIs (2-10L) | 146 | 205 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 0.33 | 1.74 |
| FIIs | 0 | 0.65 |
| Others | 0 | 1.09 |
| RETAIL | 15.95 | 43.12 |
| NIB | 15.92 | 12.02 |
| HNIs 2+ | 5.3 | 7.87 |
| HNIs 10+ | 10.62 | 4.15 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 7.16 | 9.74 | 3.46 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | 36 | 78 | 64 |
| PRE IPO(PE) | 0 | 13.05 | 0 |
| POST IPO(PE) | 13.55 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Jetmall Spices and India Limited | -1.24 | 39.90 | 10.00 | 15.06 | -8.26 | -1.24 |
| Contil India Limited | 19.14 | 31.20 | 2.00 | 7.46 | 18.16 | 1.63 |
| HOAC Foods India Limited | 44.24 | 296.00 | 10.00 | 29.62 | 21.82 | 6.69 |
| SSMD Agrotech India Limited | 13.05 | 0 | 10.00 | 12.54 | 78.00 | 9.74 |
Company information
Company profile
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.
Strengths
- Robust manufacturing capability: Three production units enable steady output, strong quality control, and easy capacity expansion.
- Diverse product portfolio: Includes puffed rice, flours, chana by-products, and other essentials, helping reduce reliance on any single product line.
- Extensive distribution network: Well-established presence across Delhi-NCR, Haryana, UP, Punjab, and Uttarakhand ensures consistent and repeat demand.
Risk factors
- Ongoing legal matters: Cases involving promoters and group entities may harm the company’s reputation and create operational disruptions.
- History of weak cash flows: Past negative cash flows signal liquidity challenges that could hinder future growth and working capital requirements.
- High customer dependency: A large share of revenue comes from a few key buyers, making the business vulnerable if their orders reduce or get delayed.
Promoters
Mr. Ishu Munjal
Mrs. Surbhi Munjal
Mr. Jai Gopal Munjal
Registrar & documents
Lead manager
3Dimension Capital Services Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Khasra No. 640/641, Libaspur Road Village Siraspur, Siraspur, North West Delhi, New Delhi, 110042
011-45380705
[email protected]Company website ↗Understanding SSMD IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.