SSMD Agrotech India: A Market Analysis
SSMD Agrotech India’s stock is currently trading significantly below its initial public offering (IPO) price. As of November 30, 2025, the stock was priced at Rs 76.65, representing a 36.65% discount to the IPO price of Rs 121. This indicates investors are having difficulty accepting the stock’s value.
Key Points
- Stock trading at 36.65% below IPO, signaling investor concerns.
- Significant discount to IPO price of Rs 121 per share.
- Company focused on growth through D2C dark stores and technology.
- Raised capital via IPO to fund working capital and expansion.
- Revenue reached Rs 52.13 crore, net profit Rs 3.83 crore.
- Four sub-brands: Manohar Agro, Super S.S., Delhi Special, Shri Dhanlaxmi.
The IPO, which opened for bidding on November 25, 2025, and closed on November 27, 2025, was heavily subscribed at 1.67 times. The price band was set between Rs 114 and Rs 121 per share. The company raised capital through the issuance of 28,17,000 equity shares, primarily to bolster its working capital and invest in expanding its operations.
SSMD Agrotech India’s business revolves around manufacturing, trading, and repackaging a variety of high-quality agro-food products. They operate under a strong brand umbrella, “House of Manohar,” and utilize cutting-edge technology to meet diverse customer needs and maintain a reliable supply chain.
The company employs 49 people and has seen significant revenue growth, recording Rs 52.13 crore in revenue and Rs 3.83 crore in net profit for the period ending September 30, 2025. This growth highlights the company’s potential and strategic investments.
Investing in SSMD Agrotech India requires careful consideration of its current market valuation and future growth prospects.



