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SSMD Agrotech India IPO: Retail Investors Hesitate As QIBs Fully Booked on Day 1

Agriculture

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Published on 25th November 2025, 1:08 PM

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Author

Akshat Lakshkar | Whalesbook News Team

Overview

SSMD Agrotech India's Rs 34.08 crore IPO saw its Qualified Institutional Buyer (QIB) portion fully subscribed on the first day. However, the overall issue remains undersubscribed, with retail and non-institutional investor segments booking 86% and 40% respectively. The IPO, priced at Rs 114-121, closes on November 27, with listing on BSE SME expected December 2.