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News Details

( As on 02/12/2025 11:40)

SSMD Agrotech India Ltd. debuts with 39.16% discount at Rs 73.00

SSMD Agrotech India Ltd. makes a weak debut on the bourses with scrip got listed at Rs 73.00 on the Bombay Stock Exchange, a 39.16 per cent discount to its issue price of Rs 120.00.

The company, which raised 0.28 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 28.17 lakhs shares.

The company, listed under MT Group Securities post its IPO, opened for subscription from Nov 25 to Nov 27.

Following a weak opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.

The company anticipates using the proceeds of the issue for .

3Dimension Capital Services Ltd. as lead managers & Bigshare Services Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 85,641.90, down 64.77 points, or 0.07 per cent.