SSMD Agrotech IPO: Key dates, price, and what to know
SSMD Agrotech India Ltd is launching its IPO from November 25 to 27, aiming to raise ₹34 crore.
Shares are priced between ₹114-121 each, with a minimum investment of ₹2.42 lakh for 2,000 shares.
What does SSMD Agrotech actually do?
The company makes everyday agro-food products like puffed rice, gram flour, chana dal, idli rava, and rice powder under the brands Manohar Agro and Super SS.
With three manufacturing units, they reach customers through distributors and direct-to-consumer dark stores in Delhi-NCR, Haryana, UP, Punjab, and Uttarakhand.
Why does this IPO matter?
Share allotment happens on November 28 and the stock lists on December 2 on BSE SME. Nearly half the shares are set aside for retail investors—so regular folks get a fair shot.
After a strong year with revenue up 35% and profits jumping four times to ₹5.38 crore in FY25, the company plans to use the funds for expansion—think new dark store factories and even a namkeen plant.