SSMD Agrotech share price cracks 39.67% on listing, debuts at ₹73 on BSE SME against IPO price of ₹121

SSMD Agrotech IPO Listing: Shaky Debut in Indian Stock Market

SSMD Agrotech share price made a shaky debut in the Indian stock market today, December 2, listed at ₹73 apiece on BSE SME, a discount of 39.67% from its issue price of ₹121.

SSMD Agrotech IPO Exceeds Grey Market Expectations

• The IPO GMP stood at ₹0 per share, pointing to an estimated listing price of around ₹121, same as the issue price.
• The IPO exceeded grey market expectations, which predicted a flat listing.

SSMD Agrotech India IPO Details

SSMD Agrotech India made a strong debut on the BSE SME platform on December 2, 2025, after successfully completing its public issue.

IPO Details

• Issue Size: ₹34 crore
• Issue Type: Fresh Issue
• Offer for Sale (OFS): No
• Issue Opened: November 25
• Issue Closed: November 27
• Allotments Finalised: November 28
• Lot Size: 1,000 shares
• Minimum Investment: ₹2.42 lakh (at upper end of the price band)

Utilisation of Proceeds

• Working Capital Needs: ₹2.04 crore
• Repay Certain Borrowings: ₹2.04 crore
• Establish New D2C Dark Store Factories: ₹2.04 crore
• Purchase Machinery for Upcoming Namkeen Manufacturing Unit: ₹97 lakh
• General Corporate Purposes: Remaining Funds

SSMD Agrotech IPO Subscription

• Overall Subscription: 1.62 times
• Retail Category: 2.54 times
• NII Segment: 0.62 times
• Qualified Institutional Buyers (QIB) Category: 5.33 times
• Total Bids Received: 43 lakh shares
• Total Shares on Offer: 26.6 lakh shares

About SSMD Agrotech

SSMD Agrotech India is involved in the manufacturing, trading, and repackaging of a diverse range of agro-food products.

Company Presence

• Delhi NCR
• Haryana
• Uttar Pradesh
• Punjab
• Uttarakhand

Financial Performance

• Revenue from Operations (FY25): ₹99.17 crore
• Revenue from Operations (FY24): ₹73.34 crore
• EBITDA (FY25): ₹8.46 crore
• EBITDA (FY24): ₹3.22 crore
• PAT (FY25): ₹5.38 crore
• PAT (FY24): ₹3.22 crore