SSMD Agrotech India IPO

The issue size of the SSMD Agrotech India IPO is ₹12.35 crore, consisting of a fresh issue of 18.99 lakh equity shares and no offer-for-sale (OFS). The issue is being offered at a fixed price of ₹65 per equity share. The subscription will open on 21 November 2025 and close on 23 November 2025, while the listing of the company’s shares at NSE SME is expected by 28 November 2025.

Company Background

The company is based in India. SSMD Agrotech India Limited was founded in 2017 and is involved in the production, milling, grinding, cleaning and core of agro products, particularly pulses, grains, lentils, etc. The company is headquartered in Kurukshetra, Haryana and serves clients from both B2B and B2C markets of North India. SSMD Agrotech has grown over time by leaps and bounds, added more products to its product pipeline and created distribution channels across Haryana/NCR/UP & Punjab.

Operations and Product Range

Facility and Production

SSMD Agrotech India IPO operates processing, storage and warehousing solutions in Kurukshetra with an end-to-end supply chain from procurement of raw produce to retail-ready packing. SSMD Agrotech aggregates locally procured agricultural produce such as farmers/mandis for sorting, grading, cleaning and packaging. Their capacity is optimised for regional supply and not pan-India scale, which would make it easier to trace batches and maintain quality.

Brands and Market Presence

SSMD Agrotech India IPO offers a range of products sold across pulses, rice, wheat, dry fruits, spices and oils under its main brand “SSMD Agrotech.” Consumer packs of their products are sold under a private label and in bulk to institutional clients and retail. The company emphasizes hygiene, food safety and competitive regional pricing to gain greater ground in the north.

SSMD Agrotech Revenue Channels

Agro's revenue comes largely from the sale of agricultural commodities, like pulses, grains and spics, processed and packed under SSMD Agrotech brands. SSMD has long-term supply arrangements with the institutional (wholesalers and caterers), retail, mandi buyers, etc. The income for FY2024 was ₹17.26 crores, which displayed a continuous increase compared to the previous fiscal year. PAT for FY2024 was at ₹1.23 cr, indicating average margins in the agri-trading industry.

Management and Shareholding

Promoters and Shareholding

Mr. Arun Kumar Garg and Mr. Amit Kumar Garg are the promoters of SSMD Agrotech India IPO, who hold the largest number of shares in the post-IPO shareholding. The promoter group comprises close family and relatives of the promoter, retaining strategic managerial control of the operations post-IPO. There is no OFS in this IPO and the entire proceeds will go to the company.

Board Members

SSMD Agrotech India IPO has a board which includes Mr. Arun Kumar Garg (Chairman & Managing Director), Mr. Amit Kumar Garg (Whole-time Director) and independent directors with expertise in agri-business and finance sectors. The leaders of their industry have been the driving force behind simplifying how to grow and comply with product range expansion.