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.