Explore subscription trends, key dates, price band information, and the complete application process for the SSMD Agrotech India Ltd IPO through ASBA and UPI.
The SSMD Agrotech India Ltd IPO opened for subscription on 25 November 2025, attracting early attention from investors following India’s growing agro-food processing sector. The company produces, repackages, and distributes a broad range of food products across brands such as Manohar Agro, Super S.S., Delhi Special, and Shri Dhanlaxmi, supported by three manufacturing facilities and a D2C dark store.
With a price band of ₹114 to ₹121 and an issue size of ₹33.8 Cr, the book-built offer allows bids from 1,000 shares onwards, with proceeds allocated towards working capital, debt repayment, capital expenditure, and general corporate needs.
The IPO saw measured participation during its bidding window, led primarily by retail and non-institutional investors while institutional demand remained absent in the initial stages, resulting in moderate day-wise subscription progress across categories.
The IPO recorded a muted response on the opening day, achieving an overall subscription of 0.14x. Retail and non-institutional categories contributed modestly, while institutional participation was yet to begin.
| Investor Category | Subscription (Times) |
|---|---|
| Qualified Institutional Buyers (QIB) |
0.00x |
| Retail Individual Investors (RII) |
0.18x |
| Non-Institutional Investors (NII) |
0.11x |
| Total |
0.14x |
The first day’s activity showed early interest from smaller investors, particularly retail applicants, which aligned with expectations for SME-focused agro-food companies. The absence of QIB participation kept overall numbers modest, though market sentiment suggested improved traction in the following sessions.
The IPO maintained a slow but steady pace on the second bidding day. Participation from retail investors rose marginally, while the NII segment continued to register limited activity. Institutional bids remained absent.
| Investor Category | Subscription (Times) |
|---|---|
| Qualified Institutional Buyers (QIB) |
0.00x |
| Retail Individual Investors (RII) |
0.25x |
| Non-Institutional Investors (NII) |
0.12x |
| Total |
0.18x |
The incremental rise from retail investors capped off Day 2, although the subscription level remained below the halfway mark across categories. Investors awaited further clarity on final-day participation, especially from larger applicants.
The price band for the SSMD Agrotech India Ltd IPO is set between ₹114 and ₹121 per share, with each share carrying a face value of ₹10. Investors must apply for a minimum of 1 lot (1,000 shares) and can increase bids in multiples of 1,000 shares.
At the upper price limit, one lot requires an investment of ₹1,21,000, making the issue accessible to retail participants and suitable for higher-value bids from HNIs.
| Investor Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min/Max) |
1 |
1,000 |
₹1,21,000 |
| S-HNI (Min) |
2 |
2,000 |
₹2,42,000 |
| S-HNI (Max) |
33 |
33,000 |
₹49,50,000 |
| B-HNI (Min) |
10 |
10,000 |
₹12,10,000 |
The lot structure is in line with typical SME IPOs, enabling investors to participate at a manageable entry point while allowing scalability for sizeable bids through higher lot multiples.
For detailed insights, investor documents, and real-time updates, visit the SSMD Agrotech India Ltd IPO on Bajaj Markets.
The timeline below outlines the key dates associated with the IPO, from bidding to listing:
| Event | Date | Details |
|---|---|---|
| IPO Open Date |
25 November 2025 |
Subscription begins |
| IPO Close Date |
27 November 2025 |
Final day to place bids |
| Basis of Allotment |
28 November 2025 |
Allocation of shares finalised |
| Refunds Initiation |
01 December 2025 |
Refunds issued to unallotted applicants |
| Credit of Shares to Demat |
01 December 2025 |
Shares credited to successful bidders |
| Listing Date |
02 December 2025 |
Shares to list on NSE SME platform |
Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.
Investors may apply for the IPO using either the ASBA facility through their bank or the UPI method via broker platforms.
This method allows your application funds to remain blocked in your bank account until allotment is completed. To apply using ASBA:
Log in to your internet banking account.
Navigate to the ‘Investments’ or ‘IPO Application’ section.
Select ‘SSMD Agrotech India Ltd IPO’ from the available list.
Enter the number of lots and your bid price.
Confirm and submit the application.
The corresponding amount will remain blocked until allotment.
On successful allotment, funds will be debited and shares credited to your Demat account.
You may also apply using UPI through your trading app or financial marketplace:
Log in to your trading account or Demat account on your broker’s platform.
Go to the IPO section and choose ‘SSMD Agrotech India Ltd IPO’.
Enter your bid details including lots and price.
Provide your UPI ID linked to your bank account.
Approve the UPI mandate request on your UPI application.
Funds will be blocked and debited only upon successful allotment.
Shares will be credited directly to your Demat account after processing.
Check Other Upcoming IPO’s Here
The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the IPO window.
Sources
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner
Anshika brings 7+ years of experience in stock market operations, project management, and investment banking processes. She has led cross-functional initiatives and managed the delivery of digital investment portals. Backed by industry certifications, she holds a strong foundation in financial operations. With deep expertise in capital markets, she connects strategy with execution, ensuring compliance to deliver impact.
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