SSMD Agrotech India Limited IPO Set to Boost FMCG Expansion

SSMD Agrotech India Limited is launching its IPO from November 25-27, 2025, on the BSE SME platform. The IPO aims to enhance its market network and fund strategic growth. The company, known for its diverse agro-food offerings, sees this move as a strategic milestone in expanding its reach.

SSMD Agrotech India Limited, operating under the brand House of Manohar, is set to go public with its Initial Public Offering (IPO) scheduled from November 25 to November 27, 2025. The company has announced plans to list on the BSE SME platform, offering a strategic expansion of its business ventures.

The company, with roots in manufacturing, trading, and repacking agro-food products, offers a varied product lineup including gram flour, chana dal, and roasted chana. SSMD markets these under four distinct brands supported by modern units and a strong distribution framework. The IPO comprises a fresh issue of 28,17,000 equity shares, priced between ₹114 and ₹121, aiming to raise up to ₹34.08 crore.

Key leaders, including Managing Director Ishu Munjal and Chairman Jaigopal Munjal, underscored the IPO as a significant step towards expanding the company's distribution and operational capacity. The funds raised are earmarked for enhancing working capital, setting up direct-to-consumer stores, and purchasing machinery for their Namkeen plant, reinforcing the company's strategic objectives in the growing FMCG and food processing sectors.

(With inputs from agencies.)