{"id":43816,"date":"2025-11-22T16:20:32","date_gmt":"2025-11-22T10:50:32","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/11\/22\/ssmd-agrotech-india-limited-announces-opening-of-initial-public-offering-ipo-on-november-25-2025\/"},"modified":"2025-11-22T16:20:32","modified_gmt":"2025-11-22T10:50:32","slug":"ssmd-agrotech-india-limited-announces-opening-of-initial-public-offering-ipo-on-november-25-2025","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/11\/22\/ssmd-agrotech-india-limited-announces-opening-of-initial-public-offering-ipo-on-november-25-2025\/","title":{"rendered":"SSMD Agrotech India Limited Announces Opening of Initial Public Offering (IPO) on November 25, 2025"},"content":{"rendered":"<div>\n<p><span data-sheets-root=\"1\"><strong>New Delhi [India], November 22:<\/strong> <\/span>SSMD Agrotech India Limited (\u201cThe Company\u201d or \u201cSSMD\u201d), a fast-growing FMCG and\u00a0agro-food processing company operating under the umbrella brand\u00a0House of Manohar (HOM), has announced that its\u00a0Initial Public Offering (IPO)\u00a0will open on\u00a0Tuesday, November 25, 2025, and close on\u00a0Thursday, November 27, 2025. The Equity Shares of the Company are proposed to be listed on the\u00a0BSE SME Platform.<\/p>\n<p>The Company is engaged in the manufacturing, trading, and repacking of a diversified portfolio of agro-food products, including gram flour, chana dal, puffed rice, ramdana, roasted chana, idli rava, rice powder, sattu, and other value-added items. SSMD markets its products under four brands -Manohar Agro, Super S.S., Delhi Special, and Shree Dhanlaxmi \u2013 supported by modern processing units, a D2C dark-store factory, and a strong distribution network.<\/p>\n<h3>Issue Details<\/h3>\n<p>The Initial Public Offering comprises a\u00a0Fresh Issue of 28,17,000 equity shares\u00a0of face value \u20b910 each, aggregating up to\u00a0\u20b934.08\u00a0crore.<\/p>\n<ul>\n<li>Face Value: \u20b910 per equity share<\/li>\n<li>Price Band: \u20b9114 \u2013 \u20b9121 per share<\/li>\n<li>Minimum Lot Size: 1,000 Equity Shares<\/li>\n<li>Proposed Listing: BSE SME<\/li>\n<\/ul>\n<h4>Issue Structure:<\/h4>\n<ul>\n<li>QIB Portion: Not more than 27000 Equity Shares<\/li>\n<li>NII Portion: Not less than 13,16,000 Equity Shares<\/li>\n<li>Retail Portion: Not less than 13,18,000 Equity Shares<\/li>\n<li>Market Maker Portion: 1,56,000 Equity Shares<\/li>\n<\/ul>\n<h4>IPO Timeline:<\/h4>\n<ul>\n<li>Issue Opens:\u00a0November 25, 2025<br \/>\nIssue Closes: November 27, 2025<\/li>\n<\/ul>\n<h4>Offer Intermediaries<\/h4>\n<ul>\n<li>Lead Manager: 3Dimension Capital Services Limited<\/li>\n<li>Registrar to the Issue: Bigshare Services Private Limited<\/li>\n<li>Market Maker: Nikunj Stock Brokers Limited<\/li>\n<\/ul>\n<h4>Utilisation of Net Proceeds<\/h4>\n<ul>\n<li>Working Capital Requirements \u2013 \u20b91,310.00 lakhs<\/li>\n<li>Loan Repayment -\u20b9683.33 lakhs<\/li>\n<li>D2C Dark Store Setup \u2013 \u20b9203.36 lakhs<\/li>\n<li>Machinery for Namkeen Plant \u2013 \u20b996.75 lakhs<\/li>\n<li>General Corporate Purposes -\u20b9 [\u25cf]<\/li>\n<\/ul>\n<h3>Management Commentary<\/h3>\n<p><strong>Mr. Ishu Munjal, Managing Director, SSMD Agrotech India Limited, said:<\/strong><\/p>\n<blockquote>\n<p>\u201cSSMD has evolved from a legacy-driven\u00a0agro\u00a0business into a rapidly growing FMCG brand with a strong product portfolio and customer reach. This IPO marks a significant milestone for us, enabling expansion of our D2C network, working capital enhancement, and operational strengthening. We remain committed to delivering high-quality, hygienic, and affordable food products to consumers across India.\u201d<\/p>\n<\/blockquote>\n<p><strong>Mr. Jaigopal Munjal, Chairman, added:<\/strong><\/p>\n<blockquote>\n<p>\u201cWe have built SSMD Agrotech on the foundation of trust, product quality, and operational excellence. With our modern facilities, brand strength, and expansion roadmap, the Company is well-positioned to capture the rising demand in the FMCG and food processing sector. The IPO proceeds will support our strategic growth initiatives and reinforce our market presence.\u201d<\/p>\n<\/blockquote>\n<p><strong>Mr. Pankaj Khetan, Director, Lead Manager, commented:<\/strong><\/p>\n<blockquote>\n<p>\u201cSSMD Agrotech\u2019s growth trajectory, strong fundamentals, and scalable business model reflects a compelling investment opportunity. The Company is poised to benefit from structural tailwinds in the FMCG and food processing ecosystem.\u201d<\/p>\n<\/blockquote>\n<p><!--StartFragment --><\/p>\n<p class=\"pf0\"><em><span class=\"cf0\">If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/span><\/em><\/p>\n<p><!--EndFragment --><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi [India], November 22: SSMD Agrotech India Limited (\u201cThe Company\u201d or \u201cSSMD\u201d), a fast-growing FMCG and\u00a0agro-food processing company operating under the umbrella brand\u00a0House of Manohar (HOM), has announced that its\u00a0Initial Public Offering (IPO)\u00a0will open on\u00a0Tuesday, November 25, 2025, and close on\u00a0Thursday, November 27, 2025. The Equity Shares of the Company are proposed to be&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2025\/11\/22\/ssmd-agrotech-india-limited-announces-opening-of-initial-public-offering-ipo-on-november-25-2025\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;SSMD Agrotech India Limited Announces Opening of Initial Public Offering (IPO) on November 25, 2025&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":43817,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-43816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/43816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=43816"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/43816\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/43817"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=43816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=43816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=43816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}