SSMD Agrotech India came to market through an SME IPO that opened on 25 November 2025 and closed on 27 November 2025, and the shares listed on 2 December 2025 on BSE SME. The price band was ₹114 to ₹121 per share and one lot was 1000 shares, so the minimum application was ₹1,21,000. The issue size was ₹34.09 crore. The whole issue was fresh shares, so the money raised went to the company.
Bigshare Services Pvt Ltd was the registrar to the issue, and 3Dimension Capital Services Ltd was the lead manager.
As of 27 November 2025.
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House of Manohar (HOM) originally started as two separate proprietorship firms i.e. Manohar Lal Jaigopal Agro Industries and S.S Agro India, later merged as Shree Dhanlaxmi Flour Mills Private Limited, then renamed to SSMD Agrotech India Private Limited. Overview SSMD Agrotech India Ltd is engaged in the manufacture, trading, and repacking of a wide array of high-quality agro-food products. The company operates under four brands:
Manohar Agro, Super S.S., Delhi Special, Shri Dhanlaxmi Its product range comprises Puffed Rice, Ramdana (Cholai), Gram Flour, Matar Flour, Chana Dal, Idli Rava, Rice Powder, and a lot of by-products of Chana Dal such as Chana Chilka, Chana Churi, Chana Khanda, and Chana Sattu. The company presently sells its products through a network of distributors across Delhi/NCR, Haryana, Uttar Pradesh, Punjab, and Uttarakhand, while also selling D2C products through micro manufacturing units.
It has 3 manufacturing facilities and 1 D2C dark stores.
As described in the offer document.
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Mr. Ishu Munjal, Mrs. Surbhi Munjal, Mr. Jai Gopal Munjal.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
SSMD Agrotech India IPO was a ₹34.09 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹114–₹121 per share with a lot size of 1,000 shares; the minimum retail application was 2,000 shares (₹2,42,000). The IPO was open from November 25 to November 27, 2025 and was subscribed 1.77x. Shares listed on BSE SME on December 2, 2025 at ₹73, a 39.7% discount to the issue price of ₹121.
Bigshare Services Pvt Ltd is the registrar. 3Dimension Capital Services Ltd is the book running lead manager.
The price band of SSMD Agrotech India IPO is ₹114 to ₹121 per share.
The lot size of SSMD Agrotech India IPO is 1000 shares.
The minimum investment for SSMD Agrotech India IPO is approximately ₹2,42,000 based on the upper price band.
The allotment date of SSMD Agrotech India IPO is Nov 28, 2025.
You can check SSMD Agrotech India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the SSMD Agrotech India IPO allotment status on Rupix for quick and easy access.
₹114 to ₹121 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,21,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,21,000, for one lot of 1000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 25 November 2025 and closed on 27 November 2025.
The basis of allotment was published on 28 November 2025 by Bigshare Services Pvt Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 2 December 2025 on BSE SME.
The issue size was ₹34.09 crore. The fresh issue was 28,17,000 shares (aggregating up to ₹34.09 crore).