Basis of Allotment

THIS IS A PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES ONLY AND IS NOT A PROSPECTUS ANNOUNCEMENT AND DOES NOT CONSTITUTE AN INVITATION OR OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE TO SECURITIES. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY OUTSIDE INDIA.
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SSMD AGROTECH INDIA LIMITED
CIN: U10611DL2023PLC421046

The Company was originally incorporated as "Shree Dhanlaxmi Flour Mills Private Limited" on October 10, 2023 as a Private Limited Company under Companies Act, 2013 with the Registrar of Companies, Central Registration centre. Further, pursuant to the special resolution passed in the Extraordinary General meeting held on January 22, 2024, the name of our Company was Changed to "SSMD Agrotech India Private limited" and a fresh Certificate of incorporation dated February 15, 2024. Our Company Subsequently acquired the entire business of M/s Manohar Lal Jaigopal Agro Industries and M/s S.S Agro India, Sole Proprietorship concern of Mr. Ishu Munjal vide Business Transfer Agreement effective from April 1, 2024. Subsequently, pursuant to the resolution of shareholders dated February 7, 2025 our Company was converted to a public limited company and the name of our Company was further changed to "SSMD Agrotech India Limited". A fresh certificate of incorporation consequent on change of name was granted to our Company on February 24, 2025 by the Registrar of companies, Central Registration centre. The Corporate Identification Number of our Company is U10611DL2023PLC421046. For further details, please refer to "Our History and Certain Other Corporate Matters" beginning on page 187 of the Prospectus.

Registered Office: Khasra No. 640/641, Libaspur Road, Village Siraspur, Siraspur, North West Delhi, Delhi, Delhi, India, 110042
Contact Person: Rajesh Thakur, Company Secretary and Compliance Officer; Tel No: 011-45380705, +91-9560248435
Email: cs@houseofmanohar.com; Website: www.houseofmanohar.com
OUR PROMOTERS: MR. ISHU MUNJAL, MRS. SURBHI MUNJAL, MR. JAI GOPAL MUNJAL
INITIAL PUBLIC OFFER OF EQUITY SHARES ON SME PLATFORM OF BOMBAY STOCK EXCHANGE LIMITED (BSE SME) IN COMPLIANCE WITH CHAPTER IX OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018

Our company, SSMD Agrotech India Limited, operates its business under the name House Of Manohar. HOM - House Of Manohar is primarily involved in the manufacturing, trading and repacking of various FMCG products under the company owned various brands including Manohar Agro, Super S.S., Delhi Special and Shree Dhanlaxmi. The company manufactures products such as various varieties of Gram Flour, Chana Dal, Matar Flour, Puffed Rice, Ramdana and other agro food products. The company also manufactures Atta, Mustard Oil, Spices at its D2C Dark Store Factory. The company furthers repack a wide variety of other agro food products and sells it under the company owned brand. The company operates its sales network in both B2B and D2C market space.

House of Manohar follows a comprehensive business model that combines traditional distribution networks with modern consumer-focused solutions. The company aims to deliver quality food products to meet diverse customer needs while maintaining an efficient supply chain and utilizing advanced technology. The traditional business model relies on an extensive network of distributors across Delhi/NCR, Haryana, Uttar Pradesh, Punjab, and Uttarakhand, which ensures effective distribution, broad market reach, and increased product visibility.

To adapt to changing consumer preferences, House of Manohar has introduced a Direct-to-Consumer model, supported by innovative dark store factories. This initiative focuses on delivering fresh and quality products, such as atta, oil, and spices, directly to customers within 10 minutes. This model aims to improve convenience, maintain product quality, and strengthen customer trust in the brand.

For Further details, please refer Chapter titled "Business Overview" beginning on Page no. 145 of this Prospectus.

BASIS OF ALLOTMENT

INITIAL PUBLIC ISSUE OF 28,17,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH OF SSMD AGROTECH INDIA LIMITED ("SSMD" OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS. 121 PER EQUITY SHARE INCLUDING A SHARE INCLUDING A SHARE PREMIUM OF RS. 111 PER EQUITY SHARE (THE "ISSUE PRICE") AGGREGATING TO RS. 3408.57 LAKHS ("THE ISSUE"), OF WHICH 1,56,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH FOR CASH AT A PRICE OF RS. 121 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF RS. 111 PER EQUITY SHARE AGGREGATING TO RS. 188.76 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS THE MARKET MAKER RESERVATION PORTION I.E., NET ISSUE OF 26,61,000 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH AT A PRICE OF RS. 121 PER EQUITY SHARE AGGREGATING TO 3219.81 LAKHS IS HEREIN AFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 32.50% AND 30.70% RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF OUR COMPANY. THE FACE VALUE OF THE EQUITY SHARE IS RS. 10/- AND ISSUE PRICE IS RS. 121/-*

THE ISSUE PRICE IS 12.1 TIMES OF THE FACE VALUE OF THE EQUITY SHARE
BID ISSUE PROGRAMME BID/ ISSUE OPENED ON: TUESDAY, NOVEMBER 25, 2025
BID/ ISSUE CLOSED ON: THURSDAY, NOVEMBER 27, 2025
RISKS TO INVESTORS
Summary description of key risk factors based on materiality

• We have certain outstanding litigation against our Promoters, director and Group Companies an adverse outcome of which may have an adverse impact on our reputation, business and results of operations.

• We have experienced negative cash flows in the past. Any such negative cash flows in the future may adversely affect our business, financial condition, results of operations and prospects.

• We are dependent on and derive a substantial portion of our revenue from a limited number of customers Cancellation by customers or a delay or reduction in their orders could have material adverse effect on our business, results of operations and financial condition.

• Our business is subject to seasonal volatility, which may contribute to fluctuations in our results of operations and financial condition.

• Our Company's logo and some other Trademarks for which the Company has applied is not registered as on the date of this Prospectus. We may be unable to adequately protect our intellectual Property. Also, we Cannot assure the timely registration of our logo.

• There have been instances of delays in filings of certain forms which were required to be filed as per the reporting requirements under the Companies Act, 2013 to RoC.

For Further Details, Kindly refer the Section "Risk Factors" beginning at Page 32 of this Prospectus.

Details of suitable ratios of the company for the latest full financial year

1. Basic and Diluted Earnings per Share (EPS) as adjusted for changes in capital

(post bonus effect)

Financial Year Basic/ Diluted EPS Weights
Financial Year ended March 31, 2025 9.74 2
Financial Year ended March 31, 2024 3.46 1
Weighted Average EPS (Rs.) 7.65 3
Period ended September 30, 2025* 7.16

*Not Annualized

Note.:

1. The figures discussed above are based on the Restated Financial Statements of the Company.

2. The face value of each Equity Share is Rs. 10.

3. EPS calculation has been done in accordance with Accounting Standard 20-Earning Per Share issued by The Institute of Chartered Accountant of India.

4. Basic and Diluted EPS= Restated profit for the year attributable to equity shareholders of the company divided by total weighted average number of equity shares outstanding at the end of the year.

5. Weighted Average number of Equity Shares is the number of Equity Shares outstanding at the beginning of the year/period adjusted by the number of Equity Shares issued during year/period multiplied by the time weighting factor. The time-weighting factor is the number of days for which the specific shares are outstanding as a proportion of the total number of days during the year.

Notes:

i. Weighted average = Aggregate of year-wise weighted EPS divided by the aggregate of weights I.e. sum of (EPS x Weight) for each year/Total of weights.

ii. The figures disclosed above are based on the restated Standalone financial statements of the Company.

iii. The face value of each Equity Share is Rs. 10.00.

iv. Number of shares are adjusted by Increase in Capital through issue of Bonus shares on April 18, 2025 in the ratio of 10:1 i.e., Ten Equity Shares for every one Equity Share held.

2. Price to Earnings (P/E) ratio in relation to Issue Price Rs. 121 per Equity Share Rs. 10/- each fully paid up

Particulars P/E at the lower end of the price band (i.e 114) P/E at the upper end of the price band (i.e 121)
P/E ratio based on Basic and diluted EPS as at March 31, 2025 11.70 12.42
P/E ratio based on Weighted Average EPS 14.90 15.81
Industry
Highest 44.24
Lowest (32.17)

Notes:

1. The industry high and low has been considered from the industry peer set provided later in this chapter.

2. The industry average has been calculated as the arithmetic average P/E of the industry peer set disclosed in this section.

3. P/E ratio has been computed based on the closing market price of equity shares on BSE as on November 14, 2025, divided by the diluted EPS for the year ended March 31, 2025

3. Return on Net worth (RoNW)

Return on Net Worth (RoNW) as per restated financial statements

Financial Year Return on Net Worth (%) Weight
Financial Year ended March 31, 2025 78% 2
Financial Year ended March 31, 2024 64% 1
Weighted Average 73.33% 3
Period ended September 30, 2025* 36%

*Not Annualised

Note:

1. Weighted Average = Average of year -wise weighted RoNW divided by the aggregate of weights i.e. sum of (RoNW * Weight) for each year/Total of weighs

2. The figures disclosed above are based on the Restated Financial Statements of our Company

3. Net-worth, as restated at the end of the relevant financial year (Equity attributable to the owners of the company)

4. Net Asset Value (NAV)

(Post-Bonus effect)

Financial Year NAV per Equity Share (Amounts in Rs.)
Financial Year ended March 31, 2025 12.54
Financial Year ended March 31, 2024 5.37
Period ended September 30, 2025 20.08
NAV alter the Issue (Cap Price) 45.00
NAV after the Issue (Floor Price) 42.72

*Not Annualised

Notes:

1. NAV has been calculated as Restated Networth of Equity Shareholders divided by number of Equity Shares outstanding at the end of the year.

2. Networth means the aggregate value of the paid-up share capital and all reserves created out of the profits and securities premium account and debit or credit balance of statement of profit and loss, after deducting the aggregate value of the accumulated losses, deferred expenditure and miscellaneous expenditure not written off and noncontrolling interest, as per the Restated Financial Information, but does not include reserves created out of revaluation of assets, write- back of depreciation and amalgamation.

3. Networth and the number of equity shares as at the end of the year/period have been adjusted to give effect to the consequent increase in share capital on the assumption that options outstanding to subscribe for additional equity capital (i.e., outstanding share warrants and employee stock options), wherever applicable, were exercised in the respective financial year/period. The computation considering aforementioned effects has been carried out in accordance with the requirements of SEBI ICDR Regulations and therefore the Networth and the number of equity shares outstanding as at the end of the year/period has not been derived from Restated Financial Information. * (as adjusted for changes in capital).

Comparison with Industry Peers

S. No. Name of the Company Face Value (Rs.) Current Market Price** EPS (Rs.) PE*** RoNW (%) NAV per Share (Rs.) Revenue From Operations
1. SSMD Agrotech India Limited 10.00 NA 9.74 12.42^ 78% 12.54 9,917.95
Peer Group*
2. HOAC Foods India Limited 10.00 296 6.69 44.24 21.82% 29.62 2,467.66
3. Contil India Limited 2.00 31.2 1.63 19.14 18.16% 7.46 3,257.07
4. Jetmall Spices and India Limited 10.00 39.9 (1.24) (32.17) (8.26%) 15.06 73.55

*Sourced from Audited financials for the period ended March 31, 2025.

**Current Market Price is taken as Closing on November 14, 2025

***We Have Calculated PIE Ratio by diving the Current Market Price on November 14, 2025 and EPS as on March 31, 2025.

^The PIE Ratio (P/E) in relation to the issue Price of 121 Per Share and EPS as on March 31, 2025.

The face value of our shares is Rs. 10.00 per share and the Issue Price is of 121 per share which is 12.1 limes of the face value.

5. Key Performance Indicators (KPI) of our company

The KPIs disclosed below have been used historically by SSMD Agrotech India Limited (formerly SSMD Agrotech India Private Limited) the Company to understand and analyze the business performance, which in result, help the company in analyzing the growth of various verticals in comparison to the company's peers. The KPIs disclosed below have been approved by a resolution of the Audit Committee dated October 27th, 2025 and the members of the Audit Committee have verified the details of all KPIs pertaining to the Company. Further, the members of the Audit Committee have confirmed that there are no KPIs pertaining to the Company that have been disclosed to any investors at any point of time during the since incorporation of the company prior to the date of filing of the Prospectus.

Our Company confirms that it shall continue to disclose all the KPIs included in this section on a periodic basis, at least once in a year(or any lesser period as determined by the Board of our Company), for a duration of one year after the date of listing of the Equity Shares on the Stock Exchange or till the complete utilisation of the proceeds of the Fresh Issue as per the disclosure made in the Objects of the Issue Section, whichever is later or for such other duration as may be required under the SEBI ICDR Regulations. Further, the ongoing KPIs will continue to be certified by a member of an expert body as required under the SEBI ICDR Regulations.

The KPIs disclosed below have been approved by a resolution of our Audit Committee dated July 01, 2025 and the members of the Audit Committee have verified the details of all KPIs pertaining to the Company. Further, the members of the Audit Committee have confirmed that there are no KPIs pertaining to our Company that have been disclosed to any investors at any point of time since Incorporation to the date of filing of the Prospectus. Further, the KPIs herein have been certified by statutory auditor.

Financial KPI of our Company

PARTICULARS FINANCIAL YEAR 2022-23 FINANCIAL YEAR 2023-24 FINANCIAL YEAR 2024-25 FINANCIAL YEAR 2025-26
SS AGRO INDIA MANOHAR LAL JAI GOPAL AGRO INDUSTRIES TOTAL SS AGRO INDIA MANOHAR LAL JAI GOPAL AGRO INDUSTRIES SSMD AGROTECH INDIA LIMITED TOTAL SSMD AGROTECH INDIA LIMITED SSMD AGROTCH INDIA LIMITED
31ST MARCH 2023 31ST MARCH 2023 31ST MARCH 2023 31ST MARCH 2024 31ST MARCH 2024 31ST MARCH 2024 31ST MARCH 2024 31ST MARCH 2025 FOR THE PERIOD ENDED SEPT 30, 2025
Revenue from Operations (1) 1,621.56 3,230.76 4,852.32 3,691.62 3,422.43 220.11 7,334.15 9,917.95 5,213.33
EBIDTA (2) 9.24 71.16 80.40 126.85 193.28 2.54 322.66 846.87 578.68
EBIDTA Margin (%) (3) 0.57% 2.20% 1.66% 3.44% 5.65% 1.15% 4.40% 8.54% 11.10%
PAT -6.32 5.96 -0.37 53.17 55.34 1.81 110.31 537.79 383.67
PAT Margin (%) (4) -0.39% 0.18% -0.01% 1.44% 1.62% 0.82% 1.50% 5.42% 7.36%
Trade Receivables Turnover Ratio (in times) (5) 17.01 25.26 21.76 32.48 26.88 5.88 26.28 32.51 5.49
Inventory Turnover Ratio (In times) (6) 32.11 11.93 15.20 33.56 5.75 13.63 10.32 8.54 3.55
Trade Payables Turnover Ratio (In times) (7) 12.47 16.90 15.08 19.74 11.94 3.87 13.76 22.51 6.86
Net Capital Turnover Ratio (In times) (8) 54.67 88.18 73.19 51.71 58.66 78.36 55.33 14.33 5.90
Trade Receivables days (9) 21.46 14.45 16.77 11.24 13.58 62.06 13.89 11.23 33.36
Inventory days (10) 11.37 30 60 24.01 10.88 63.47 26.79 35.36 42.75 5148
Trade Payable days (11) 29.28 21.60 24.20 18.49 30.58 94.36 26.52 16.21 26.69
Return on equity (%) (12) -21.31% 26.16% -0.70 % 105.22% 116.52% 64.40% 109.41% 130.46% 43.41%
Return on capital employed (%) (13) -5.04% 74.63% 30.85% 97.14% 119.71% 90.30% 109.78% 100.85% 46.84%
Debt-Equity Ratio (times) (14) 2.42 14.44 9.06 1.06 10.73 0.18 5.30 0.88 0.64
Working Capital Cycle (days) (15) 3.55 23.45 16.58 3.62 46.47 -5.51 22.73 37.77 58.15
Net fixed asset turnover ratio (times) (16) 28.96 42.28 36.65 46.32 35.45 0.00 41.61 50.05 28.51
Current Ratio (times) (17) 1.19 0.98 1.02 1.02 1.03 1.05 1.03 1.61 1.49

Notes:

(1) Revenue from operation means revenue from sale of the products

(2) EBITDA is calculated as Profit before tax + Depreciation + Interest Costs

(3) EBITDA Margin is calculated as EBITDA divided by Revenue from Operations

(4) PAT Margin is calculated as PAT for the period/year divided by revenue from operations

(5) Trade receivable turnover is calculated Annual Credit Revenue from operation divided by average trade receivables

(6) Inventory turnover ratio is calculated Cost of goods sold divided by average inventory

(7) Trade Payable turnover ratio is calculated Net Credit Purchase divided by average trade payable

(8) Net Capital Turnover Ratio is calculated revenue from operations divided by Net Assets

(9) Trade receivable days is calculated as 365 divided by total credit sale and multiplied by Avg. Trade Receivables

(10) Inventory days is calculated as 365 divided by COGS and multiplied by Avg. Inventory

(11) Trade payable days is calculated as 365 divided by total Credit Purchase and multiplied by Avg. Trade Payables

(12) Return on Equity is calculated by Profit after Tax divided by average total equity

(13) Return on Capital Employed is calculated as follows: Profit before Interest and Tax divided by Capital Employed

(14) Debt to Equity ratio is calculated as Total Debt divided by equity

(15) Working Capital Cycle is defined as trade receivable days plus inventory days less trade payable days

(16) Net fixed asset turnover ratio is calculated by dividing net sales by the average fixed assets

(17) Current Ratio is calculated by dividing Current assets to Current Liabilities

Explanations for the certain financial data based on Restated Financial Statements

Key Financial Performance Explanations
Revenue from Operations Revenue from Operations is used by the management to track the revenue profile of the business and in turn helps to assess the overall financial performance of the Company and volume of the business.
EBITDA EBITDA provides information regarding the operational efficiency of the business
EBITDA Margin EBITDA Margin (%) is an indicator of the operational profitability and financial performance of the business
PAT Profit after tax provides information regarding the overall profitability of the business
PAT Margin PAT Margin (%) is an indicator of the overall profitability and financial performance of the business
Profit after tax growth Profit after tax growth provides information regarding the growth of the operational performance for the respective period
Trade Receivables Turnover Ratio Trade receivables measures how frequently a company converts its accounts receivable into cash over a given period
Inventory Turnover Ratio Inventory turnover ratio is the number of times a company has sold and replenished its inventory over a specific amount of time
Trade Payables Turnover Ratio Trade Payable turnover measure the number of times the business is paying off its creditors or suppliers in an accounting period
Net Capital Turnover Ratio Net Capital Turnover estimates the operating efficiency of a company via its allocation of equity capital
Trade Receivables days Trade Receivables days is the average number of days required for a company to receive payments from its customers
Inventory days Inventory days is the average number of days required for a company to convert its inventory into sales
Trade Payable days Trade Payable days is the average number of days required for a company to pay its suppliers
Return on Equity Return on equity provides how efficiently the Company generates profits from shareholders' funds
Return on Capital Employed Return on capital employed provides how efficiently the Company generates earnings from the capital employed in the business
Debt-Equity Ratio Debt / Equity Ratio is used to measure the financial leverage of the Company and provides comparison benchmark against peers
Working Capital Cycle Working Capital Cycle is the time it takes to convert net current assets and current liabilities into cash
Net fixed asset turnover ratio Net fixed asset turnover ratio is indicator of the efficiency with which the company is able to leverage its assets to generate revenue from operations
Current Ratio The current ratio is a liquidity ratio that measures the company's ability to pay short-term obligations or those due within one year

As certified by Statutory and Peer Review Auditor, M/s Chanana and Associates, Chartered Accountant vide certificate dated October 27th, 2025 having UDIN- 25530041BMLGX11766.

6. Disclosures as per clause (9)(K)(4) of Part A to Schedule VI, as applicable.

Weighted average cost of acquisition ("WACA"), floor price and cap price

The Weighted average cost of acquisition of Equity shares on the basis of primary / new issue of shares (equity/convertible securities), excluding shares issued under ESOP/ESOS and issuance of bonus shares, during the 18 months preceding the date of filing of the Prospectus, where such issuance is equal to or more than 5 per cent of the fully diluted paid-up share capital of the Issuer Company (calculated based on the pre-issue capital before such transaction/s and excluding employee stock options granted but not vested), in a single transaction or multiple transactions combined together over a span of rolling 30 days:

Primary Transactions:

Date of Allotment Nature of Allotment Category No of equity shares acquired Face value (Rs.) Issue Price (Rs.) Nature of Consideration paid Total Consideration (Rs. in lakhs)
22/04/2024 Preferential Allotment** Equity 521739 10 29 Other than Cash 15130431
Weighted average cost of acquisition (WACA) Secondary issuances (in Rs. per Equity Share) -

* * These shares are issued in lieu of business taken over from one of the Directors via business transfer agreement effective from 01.04.2024

B. The Weighted average cost of acquisition of Equity shares secondary sale / acquisitions of Equity Shares, where the promoters, members of the promoter group or shareholder(s) having the right to nominate director(s) in the board of directors of the Company are a party to the transaction (excluding gifts), during the 18 months preceding the date of this certificate, where either acquisition or sale is equal to or more than 5% of the fully diluted paid up share capital of the Company (calculated based on the pre-issue capital before such transaction's and excluding employee stock options granted but not vested), in a single transaction or multiple transactions combined together over a span of rolling 30 days-

Secondary Transactions:

Date of Transfer Name of Transferee Category No of equity shares acquired Name of Transferor Face value (Rs.) Transfer Price (Rs.) Nature of Consideration paid Total Consideration (Rs. in lakhs)
NIL

Note: Since there were no secondary transactions of equity shares of our Company during the 18 months preceding the date of filing of the Prospectus, the information has been disclosed for price per share of our Company based on the last five primary or secondary transactions where Promoter/Promoter Group entities or Selling Shareholders or shareholder(s) having the right to nominate director(s) on our Board, are a party to the transaction, not older than three years prior to the date of filing of this Prospectus irrespective of the size of the transaction.

C. Other Transactions:-

Sr. No. Transaction Number of shares (A) Price per share (B) Value of shares (C)
1 Bonus Issue 5317390 - -
2 Transfer -50 140 -7000
- - - -
Total - - -
Weighted Average Cost (A/B) - -

As certified by M/s Chanana & Associates, Chartered Accountants, by way of their certificate dated October 27, 2025 dated UDIN: 25530041BMLGXL3157

The face value of Equity Shares of our Company is Rs. 10 per Equity Share and the Issue Price of Rs. 121 /- per Equity Share is 12.1 times of the face value.

Investors should read the above-mentioned information along with section titled "Business Overview", "Risk Factors" and "Financial Information of our Company" beginning on page 145, 32 and 217 respectively including important profitability and return ratios, as set out in chapter titled "Other Financial Information" on page 288 of this Prospectus to have a more inform vie

PROPOSED LISTING: TUESDAY, DECEMBER 2, 2025*

This Issue is being made through the Book Building Process, in terms of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended ("SCRR") read with Regulation 229 of the SEBI ICDR Regulations and in compliance with Regulation 253 of the SEBI ICDR Regulations, wherein not more than 50.00% of the Net Issue shall be available for allocation on a proportionate basis to Qualified Institutional Buyers ("QIBs") (the "QIB Portion"), provided that our Company may, in consultation with the Book Running Lead Manager, may allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis in accordance with the SEBI ICDR Regulations ("Anchor Investor Portion"), of which one-third shall be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the Anchor Investor Allocation Price. In the event of under-subscription, or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the Net QIB Portion. Further, 5.00% of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders, including Mutual Funds, subject to valid Bids being received at or above the Issue Price. However, if the aggregate demand from Mutual Funds is less than 5.00% of the Net QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining Net QIB Portion for proportionate allocation to QIBs. Further, the SEBI ICDR Regulations read with SEBI ICDR (Amendment) Regulations, 2025, states that not less than 35% of the Net Issue shall be available for allocation to Individual Investors who applies for minimum application size. Not less than 15% of the Net Issue shall be available for allocation to Non-Institutional Investors of which one-third of the Non-Institutional Portion will be available for allocation to Bidders with an application size of more than two lots and up to such lots as equivalent to not more than Rs. 10.00 Lakhs and two-thirds of the Non-Institutional Portion will be available for allocation to Bidders with an application size of more than Rs. 10.00 Lakhs and under-subscription in either of these two sub-categories of Non-Institutional Portion may be allocated to Bidders in the other sub-category of Non-Institutional Portion. Subject to the availability of shares in non-institutional investors' category, the allotment to each Non-Institutional Investors shall not be less than the minimum application size in Non-Institutional Category and the remaining available Equity Shares, if any, shall be allocated on a proportionate basis in accordance with the conditions specified in this regard in Schedule XIII of the SEBI (ICDR) (Amendment) Regulations, 2025. All Bidders are required to participate in the Issue by mandatorily utilizing the Application Supported by Blocked Amount ("ASBA") process by providing details of their respective ASBA Account (as defined hereinafter) in which the corresponding Bid Amounts will be blocked by the Self Certified Syndicate Banks ("SCSBs") or under the UPI Mechanism, as the case may be, to the extent of respective Bid Amounts. Anchor Investors are not permitted to participate in the Issue through the ASBA process. For details, see "Issue Procedure" on page No: 242 of this Prospectus. The investors are advised to refer to the Prospectus for the full text of the Disclaimer Clause of the BSE Limited of BSE. For the purpose of this Issue, the designated Stock Exchange will be the Bombay Stock Exchange of India Limited (BSE SME). The trading is proposed to be commenced on or before December 2, 2025*

*Subject to the receipt of listing and trading approval from the Bombay Stock Exchange.

SUBSCRIPTION DETAILS

The Issue was opened on Tuesday, November 25, 2025 and Closed on Thursday, November 27, 2025. The Issue was made as per the Book Building Process. However, the Company in consultation with the BRLM has decided that no participation by the anchor investors will be considered in the IPO. The Issue received 2,019 applications for 47,49,000 Equity Shares (before technical rejections and after invalid bids Multiple/Duplicate/bids (UPI Mandates) not accepted by investors, / blocked, bids rejected under application banked but bid not registered) resulting in 1.69 times subscription (including reserved portion of market maker).

Detail of the Applications Received:

Category Valid Equity Shares Received in each category No. of Equity Shares Spill Over/ Deficit* Equity Shares Allotted Total Allotment Amount (Rs.)
available for allocation (as per Prospectus)
Qualified Institutional Buyers (excluding Anchor Investors) 144000 27000 11000 38000 4598000
Non-Institutional Bidders (More than 200,000/- upto 1,000,000/-)* 612000 439000 173000 612000 74052000
Non-Institutional Bidders (More than 1,000,000/-)* 187000 877000 (690000) 187000 22627000
Individual Investors 2946000 1318000 506000 1824000 220704000
Market Maker 156000 156000 156000 18876000
Total 4045000 2817000 0 2817000 340857000

The 6,90,000 equity shares spilled over from NII2 category to NII1, QIB & Individual Investor categories, Since sufficient balance is not available in the NII1 category, only 1,73,000 additional shares allotted in the NII1 category and balance from NII2 category spilled over to QIB & Individual investor category.

Final Demand

A summary of the final demand as per BSE as on the Bid/Issue Closing Date at different Bid prices is as under:

Sr. No. Bid Price No. of Equity Shares % to Total Cumulative Share Total Cumulative % of Total
1 114.00 271000 1.79 271000 0.90
2 115.00 47000 0.31 318000 1.05
3 116.00 20000 0.13 338000 1.12
4 117.00 4000 0.03 342000 1.13
5 118.00 18000 0.12 360000 1.19
6 119.00 9000 0.06 369000 1.22
7 120.00 3087000 20.43 3456000 11.44
8 121.00 11651000 77.12 15107000 50.00
Total 15107000 100.00 30214000 100.00

The Basis of Allotment was finalised in consultation with the Designated Stock Exchange, being Bombay Stock Exchange Limited ("BSE SME") on November 28, 2025.

1) Allotment to Individual Investors (After Technical Rejections)

The Basis of Allotment to the Individual Investors, who have Bid at cut-off Price or at or above the Issue Price of Rs. 121/- per Equity Share, was finalized in consultation with Bombay Stock Exchange Limited ("BSE SME"). The category has been subscribed to the extent of 1.62 times. The total number of Equity Shares Allotted in this category is 18,24,000 Equity Shares to 912 successful applicants. The details of the Basis of Allotment of the said category are as under:

SI no No. of Shares Applied for (Category wise) No. of Applications Received % of Total Total No. of Shares applied in each category % to Total No. of Equity Shares Allotted per Applicant Ratio Total No. of shares allocated/ allotted
1 2,000 1473 100.00 29,46,000 100.00 912 13:21 18,24,000
TOTAL 1473 100.00 29,46,000 100.00 912 18,24,000

2) Allotment to Non-Institutional Investors-Above Rs. 2 Lakhs and Upto Rs. 10 Lakhs (After Technical Rejections)

The Basis of Allotment to the Non-Institutional Investors, who have Bid at cut-off Price or at or above the Issue Price of Rs. 121/- per Equity Share, was finalized in consultation with Bombay Stock Exchange Limited ("BSE SME"). The category has been subscribed to the extent of 1.00 times. The total number of Equity Shares Allotted in this category is 6,12,000 Equity Shares to 194 successful applicants. The details of the Basis of Allotment of the said category is as under:

Sr. no No. of Shares applied for (Category wise) Number of applications received % to total Total No. of Shares applied in each category % to total No. of Equity Shares Allotted per Applicant Ration of allottees to applicants Total No. of shares allocated/alloted
1 3,000 170 87.63 5,10,000 83.33 170 1:1 5,10,000
2 4,000 20 10.31 80,000 13.07 20 1:1 80,000
3 5,000 2 1.03 10,000 1.63 2 1:1 10,000
4 6,000 2 1.03 12,000 1.96 2 1:1 12,000
Total 194 100.00 5,10,000 83.33 194 6,12,000

3) Allotment to Non-Institutional Investors- Above Rs. 10 Lakhs (After Technical Rejections)

The Basis of Allotment to the Non-Institutional Investors, who have Bid at cut-off Price or at or above the Issue Price of Rs. 121/- per Equity Share, was finalized in consultation with Bombay Stock Exchange Limited ("BSE SME"). The category has been subscribed to the extent of 0.21 times. The total number of Equity Shares Allotted in this category is 1,87,000 Equity Shares to 11 successful applicants. The details of the Basis of Allotment of the said category are as under:

Sr. no No. of Shares applied for (Category wise) Number of applications received % to total Total No. of Shares applied in each category % to total No. of Equity Shares Allotted per Applicant Ration of allottees to applicants Total No. of shares allocated/ alloted
1. 9,000 6 54.55 54,000 28.88 6 1:1 54,000
2. 10,000 3 27.27 30,000 16.04 3 1:1 30,000
3. 20,000 1 9.09 20,000 10.70 1 1:1 20,000
4. 83,000 1 9.09 83,000 44.39 1 1:1 83,000
Total 11 100.00 187000 100.00 11 1,87,000

4) Allotment to QIBs excluding Anchor Investors (After Technical Rejections)

Allotment to QIBs, who have bid at the Issue Price of Rs. 121/- per Equity Share or above, has been done on a proportionate basis in consultation with Bombay Stock Exchange Limited ("BSE SME"). This category has been subscribed to the extent of 3.79 times of QIB portion. As per the SEBI Regulations, Mutual Funds were Allotted 5% of the Equity Shares of QIB Portion available i.e., NIL Equity Shares and other QIBs and unsatisfied demand of Mutual Funds were Allotted the remaining available Equity Shares i.e., 47000 Equity Shares on a proportionate basis. The total number of Equity Shares Allotted in the QIB Portion is 38,000 Equity Shares which were allotted to 3 successful QIB Investors. The category-wise details of the Basis of Allotment are as under:

Category FI'S/BANK'S MF'S IC'S NBFC'S AIF FPC/FII Others Total
QIB - - - - 24,000 14,000 - 38,000

5) Allocation to Market Maker (After Technical Rejections & Withdrawal): The Basis of Allotment to Market Maker who have bid at Issue Price of Rs. 121/- per Equity Shares or above, was finalized in consultation with Bombay Stock Exchange Limited ("BSE SME"). The category was subscribed 1.00 times i.e. for 1,56,000 Equity Shares the total number of shares allotted in this category is 1,56,000 Equity Shares. The category wise details of the Basis of Allotment are as under:

Sr. no No. of Shares applied for (Category wise) Number of applications received % to total Total No. of Shares applied in each category % to total Proportionate shares available Ration of allottees to applicants Total No. of shares allocated/ allotted
1 1,56,000 1 100.00 1,56,000 100.00 1,56,000 1:1 1,56,000
TOTAL 1 100.00 1,56,000 100.00 1,56,000

The Board of Directors of our Company at its meeting held on November 28, 2025 has taken on record the basis of allotment of Equity Shares approved by the Designated Stock Exchange, being Bombay Stock Exchange Limited and has allotted the Equity Shares to various successful applicants. The Allotment Advice Cum Refund Intimation will be dispatched to the address of the investors as registered with the depositories. Further, instructions to the SCSBs have been dispatched/ mailed for unblocking of funds and transfer to the Public Issue Account on or before December 1, 2025 and payment to non-Syndicate brokers have been issued on December 1, 2025. In case the same is not received within ten days, investors may contact the Registrar to the Issue at the address given below. The Equity Shares allotted to the successful allottees shall be uploaded on or before December 1, 2025 for credit into the respective beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is in the process of obtaining the listing and trading approval from Bombay Stock Exchange Limited ("BSE SME") and the trading of the Equity Shares is expected to commence on December 2, 2025.

Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated November 28, 2025 ("Prospectus").

The details of the allotment made would also be hosted on the website of the Registrar to the Issue, BIGSHARE SERVICES PRIVATE LIMITED: www.bigshareonline.com

All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/Sole applicants, serial number of the Application Form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, next to Ahura Centre, Andheri East, Mumbai- 400093, Maharashtra, India
Tel. No.: +91 22 6263 8200
Fax number: +91 22 6263 8299
E-mail Id: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Mr. Sagar Pathare
SEBI Registration No. INR000001385
On behalf of Board of Directors
FOR, SSMD AGROTECH INDIA LIMITED
Sd/-
Place: Delhi Rajesh Thakur,
Date: November 28, 2025 Company Secretary & Compliance Officer

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF SSMD AGROTECH INDIA LIMITED

Disclaimer: SSMD AGROTECH INDIA LIMITED (is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares and has filed the Prospectus with the Registrar of Companies, Delhi, November 28, 2025 and thereafter with SEBI and the Stock Exchange. The Prospectus is available on the website of BSE SME at https://www.bsesme.com/Publiclssues/ and is available on the websites of the BRLM at www.3dcsl.com. Any potential investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, please refer to the Prospectus including the section titled "Risk Factors" beginning on page No: 32 of the Prospectus.

The Equity Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended or any state securities laws in the United States, and unless so registered, and may not be issued or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act, 1933 and in accordance with any applicable U.S. State Securities laws. The Equity Shares are being issued and sold outside the United States in 'offshore transactions' in reliance on Regulation "S" under the Securities Act, 1933 and the applicable laws of each jurisdiction where such issues and sales are made. There will be no public offering in the United States.

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