Comparison between SSMD Agrotech India IPO and Telge Projects IPO.
SSMD Agrotech India IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Telge Projects IPO is a SME Bookbuilding proposed to list at BSE SME.
| SSMD Agrotech India IPO | Telge Projects IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | 3Dimension Capital Services Ltd. | Smart Horizon Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Shreni Shares Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of SSMD Agrotech India IPO is up to ₹32.20 Cr whereas the issue size of the Telge Projects IPO is up to ₹25.87 Cr. The final issue price of SSMD Agrotech India IPO is ₹121.00 per share and of Telge Projects IPO is ₹105.00 per share.
| SSMD Agrotech India IPO | Telge Projects IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹114.00 per share | ₹95.00 per share |
| Issue Price (Upper) | ₹121.00 per share | ₹105.00 per share |
| Issue Price (Final) | ₹121.00 per share | ₹105.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1200 shares |
| Fresh Issue Size | 26,61,000 shares | 24,63,600 shares |
| Fresh Issue Size (Amount) | up to ₹32.20 Cr | up to ₹25.87 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 26,61,000 shares | 24,63,600 shares |
| Issue Size Total (Amount) | up to ₹32.20 Cr | up to ₹25.87 Cr |
SSMD Agrotech India IPO opens on Nov 25, 2025, while Telge Projects IPO opens on Sep 25, 2025. The closing date of SSMD Agrotech India IPO and Telge Projects IPO is Nov 27, 2025, and Sep 29, 2025, respectively.
| SSMD Agrotech India IPO | Telge Projects IPO | |
|---|---|---|
| Anchor Bid Date | Nov 21, 2025 | Sep 24, 2025 |
| Issue Open | Nov 25, 2025 | Sep 25, 2025 |
| Issue Close | Nov 27, 2025 | Sep 29, 2025 |
| Basis Of Allotment (Tentative) | Nov 28, 2025 | Sep 30, 2025 |
| Initiation of Refunds (Tentative) | Dec 01, 2025 | Oct 01, 2025 |
| Credit of Share (Tentative) | Dec 01, 2025 | Oct 01, 2025 |
| Listing date (Tentative) | Dec 02, 2025 | Oct 03, 2025 |
| Anchor Lockin End date 1 | Dec 27, 2025 | Oct 29, 2025 |
| Anchor Lockin End date 2 | Feb 25, 2026 | Dec 28, 2025 |
SSMD Agrotech India IPO P/E ratio is 13.16, as compared to Telge Projects IPO P/E ratio of 14.04.
| SSMD Agrotech India IPO | Telge Projects IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)SSMD Agrotech India Ltd.'s revenue increased by 35% and profit after tax (PAT) rose by 388% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)Telge Projects Ltd.'s revenue increased by 105% and profit after tax (PAT) rose by 103% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 100 | 97.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.49 | 71.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 13.16 | 14.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹104.86 Cr. | ₹102.80 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 130.46% | 67.29% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 100.85% | 56.22% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.88 | 0.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹9.19 | ₹7.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 78% | 47.46% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the SSMD Agrotech India IPO Retail Individual Investors (RII) are offered 13,17,000 shares while in Telge Projects IPO retail investors are offered 13,17,000 shares. Qualified Institutional Buyers (QIB) are offered 27,000 shares in SSMD Agrotech India IPO and 4,92,000 shares in Telge Projects IPO.
| SSMD Agrotech India IPO | Telge Projects IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 7,33,200 shares |
| Market Maker Reservation | 1,56,000 shares | 1,30,800 shares |
| QIB | 27,000 shares | 4,92,000 shares |
| NII | 13,17,000 shares | 3,72,000 shares |
| RII | 13,17,000 shares | 8,66,400 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 26,61,000 shares | 24,63,600 shares |
SSMD Agrotech India IPO subscribed 1.62x in total, whereas Telge Projects IPO subscribed 2.99x.
| SSMD Agrotech India IPO | Telge Projects IPO | |
|---|---|---|
| QIB (times) | 5.33x | 5.41x |
| NII (times) | 0.62x | 2.75x |
| Big NII (times) | 0.21x | 3.00x |
| Small NII (times) | 1.42x | 2.26x |
| RII (times) | 2.54x | 1.72x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.62x | 2.99x |
