The SSMD Agrotech IPO opening date is November 24, 2025, and the IPO will close on November 26, 2025. The SSMD Agrotech India IPO is a book-built issue. The company will raise approximately ₹33.80 crore through the IPO, which includes a fresh issue of ₹33.80 crore and an offer for sale of up to [.] equity shares with a face value of ₹10.
The price band for the SSMD Agrotech India IPO is ₹114 to ₹120 per share. The retail quota is 35%, QIB 50%, and HNI 15%. The SSMD Agrotech India IPO will be listed on the BSE on December 1, 2025. The allotment date for the SSMD Agrotech India IPO is November 27, 2025.
The company reported revenue of ₹99.18 crore in 2025, compared to ₹73.45 crore in 2024. The company reported a profit of ₹5.38 crore in 2025, compared to a profit of ₹1.10 crore in 2024. According to financials, IPO investors should apply for the IPO GMP for the long term.
SSMD Agrotech India IPO Details
| IPO Open Date | November 24, 2025 |
| IPO Close Date | November 26, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹114 to ₹120 Per Share |
| Issue Size | Approx ₹33.80 Crores |
| Fresh Issue | Approx ₹33.80 Crores |
| Issue Type | Book Built Issue |
| IPO Listing | BSE SME |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
SSMD Agrotech India Limited, which operates under the umbrella brand "House of Manohar (HOM)," is a rapidly growing company engaged in the manufacturing, trading, and repackaging of a wide range of agro-food products. The company operates under four sub-brands: Manohar Agro, Super SS, Delhi Special, and Shri Dhanalakshmi.
It is certified to ISO 9001:2015, ISO 14001:2015, ISO 22000:2018, and ISO 45001:2018, ensuring robust quality, safety, environmental, and management systems.
Business Model
1. Distributor-Led Model
HOM has a strong distributor network in Delhi/NCR, Haryana, Uttar Pradesh, Punjab, and Uttarakhand. This system helps us effectively reach retailers, institutional buyers, and small manufacturers.
2. Direct-to-Consumer (D2C) Model
HOM has introduced a modern D2C model using "dark unit factories"—small, tech-enabled micro-manufacturing and fulfillment centers located in residential areas.
These units produce fresh products like flour, spices, and oil, store essential commodities like pulses, rice, gram flour, etc., and deliver products to nearby customers within 10 minutes. HOM's goal is to provide high-quality essentials to modern consumers quickly and easily.
As of the date of the Red Herring Prospectus, the company has three manufacturing units and one D2C dark store factory.
Significance of SSMD Agrotech India SME IPO
A wide range of products and services
A large manufacturing network
Efficient resource utilization
Strong leadership and experienced management
SSMD Agrotech India IPO Market Lot
The SSMD Agrotech IPO minimum market lot is 2,000 shares with ₹2,40,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,000 | ₹2,40,000 |
| Retail Maximum | 2 | 2,000 | ₹2,40,000 |
| S-HNI Minimum | 3 | 3,000 | ₹3,60,000 |
| S-HNI Maximum | 8 | 8,000 | ₹9,60,000 |
| B-HNI Minimum | 9 | 9,000 | ₹10,80,000 |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | 27,000 Shares | 0.96% |
| NII Shares Offered | 13,17,000 Shares | 46.75% |
| Retail Shares Offered | 13,17,000 Shares | 46.75% |
SSMD Agrotech India IPO Dates
The SSMD Agrotech India IPO date is November 24 and the close date is November 26. The SSMD Agrotech India IPO allotment will be finalized on November 27 and the IPO listing on December 1.
| IPO Open Date: | November 24, 2025 |
| IPO Close Date: | November 26, 2025 |
| Basis of Allotment: | November 27, 2025 |
| Refunds: | November 28, 2025 |
| Credit to Demat Account: | November 28, 2025 |
| IPO Listing Date: | December 1, 2025 |
| IPO Bidding Cut-off Time: | November 26, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Mr. Ishu Munjal, Mrs. Surbhi Munjal, and Mr. Jai Gopal Munjal.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 58,49,129 | 100% |
| Promoter Holding Post Issue | 86,66,129 | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
| Funding of Working capital Requirement of the Company | ₹13.10 |
| Repayment of portion of certain Borrowings availed by our Company | ₹6.83 |
| Capital Expenditure to be incurred by the Company for the setting up of new D2C dark Store factories | ₹2.04 |
| Capital Expenditure to be incurred by the Company For purchase of machinery for setting up of Namkeen Plant | ₹0.97 |
| General Corporate Purpose | ₹- |
SSMD Agrotech IPO Company Financial Report
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2024 | ₹73.45 | ₹71.38 | ₹1.10 | ₹15.60 |
| 2025 | ₹99.18 | ₹91.81 | ₹5.38 | ₹18.16 |
| September 2025 | ₹52.13 | ₹46.95 | ₹3.84 | ₹32.33 |
SSMD Agrotech India IPO Valuation – FY2025
Check SSMD Agrotech India IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 130.46% |
| ROCE: | 100.85% |
| EBITDA Margin: | 8.54% |
| PAT Margin: | 5.42% |
| Debt to equity ratio: | 0.88 |
| Earning Per Share (EPS): | ₹9.74 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 78% |
| Net Asset Value (NAV): | ₹12.54 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| HOAC Food India Limited | 6.69 | 44.24 | 21.82% | 29.62 | 24.68 Cr. |
| Contil India Limited | 1.63 | 19.14 | 18.16% | 7.46 | 32.57 Cr. |
| Jetmall Spices and Masala Limited | (1.24) | (32.17) | (8.26%) | 15.06 | 0.74 Cr. |
About SSMD Agrotech India IPO
SSMD Agrotech India Limited, also known as House of Manohar, is a well-known company that manufactures, sells, and repackages a wide range of high-quality agro-food products. Manohar Lal Jaigopal Agro Industries and SS Agro India were two separate companies that merged to form House of Manohar (HOM), both engaged in the production and delivery of high-quality food products. Under its brands Manohar Agro, Super SS, Delhi Special, and Sri Dhanalakshmi, the company sells puffed rice, ramdana (amaranth), gram flour, pea flour, chana dal, idli rava, rice powder, and several other chana dal products, such as chana khlika, chana churi, chana khanda, and chana sattu.
The company has distributors in Delhi/NCR, Haryana, Uttar Pradesh, Punjab, and Uttarakhand, where it sells most of its products. Furthermore, SSMD Agrotech has built a reputation for delivering essential commodities like flour, oil, pulses, spices, rice, gram flour, and other food items within 10 minutes, and has even named its manufacturing facility "Happiness Delivered in 10 Minutes."
Company Address
SSMD Agrotech India Ltd.
Khasra No. 640/641, Libaspur Road
Village Siraspur, Siraspur,
North West Delhi, New Delhi, 110042
Phone: 011-45380705
Email: cs@houseofmanohar.com
Website: http://www.houseofmanohar.com/
IPO Registrar
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Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html