SSMD Agrotech India Ltd has opened its Initial Public Offering (IPO) for public subscription, marking the beginning of a three-day window for investors looking to participate in the agro-food company’s market debut. The issue will remain open from November 25 to November 27, with the allotment expected to be finalized on November 28. The company is set to list its shares on the BSE SME platform on December 2, 2025.
The company aims to raise approximately ₹34 crore through a fully fresh issue of 28.17 lakh shares, with no Offer for Sale (OFS) component. This indicates that all the funds raised will directly support the company’s expansion plans, operational needs, and working capital requirements.
SSMD Agrotech India Ltd IPO – Key Details
| Particulars | Details |
|---|---|
| IPO Open Date | 25 November 2025 |
| IPO Close Date | 27 November 2025 |
| Allotment Date | 28 November 2025 |
| Listing Date | 2 December 2025 |
| Exchange | BSE SME |
| Price Band | ₹114 – ₹121 per share |
| Face Value | ₹10 |
| Lot Size | 1,000 shares |
| Minimum Application | 2 lots (2,000 shares) |
| Minimum Investment | Approx. ₹2.28–₹2.42 lakh |
| Issue Size | 28.17 lakh shares |
| Issue Type | Fresh Issue |
| Total Issue Value | Around ₹34 crore |
| GMP (Unofficial) | ~₹4 per share |
Investor Sentiment & GMP Trend
Early market sentiment indicates a mild Grey Market Premium (GMP) of about ₹4 per share, suggesting modest positive expectations ahead of the listing. However, analysts caution that SME GMPs tend to move sharply based on subscription data and market mood, and should not be taken as a definitive indicator of listing performance.
About the Company
SSMD Agrotech India Ltd operates in the agro-food and FMCG segment, handling a wide variety of products including grains, spices, pulses, dry fruits, and repacked food items. The company supplies to wholesalers, retailers, and institutional buyers under multiple brand labels. With increasing demand in the packaged food sector, the company plans to utilize IPO proceeds to enhance operations, strengthen working capital, and expand its distribution network.
What to Expect Ahead
Investors will closely track subscription numbers from retail and non-institutional categories over the next two days. The allotment results on November 28 and the listing on December 2 will be key milestones determining the company’s market entry.
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