SSMD Agrotech India Ltd Share Price

SSMD Agrotech India was originally incorporated as ‘Shree Dhanlaxmi Flour Mills Private Limited’ on October 10, 2023. Further, pursuant to the special resolution passed in the Extraordinary General meeting held on January 22,2024, the name of the company was Changed to ‘SSMD Agrotech India Private limited’ and a fresh Certificate of incorporation dated February 15, 2024. The 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 the company was converted to a public limited company and the name of the company was further changed to ‘SSMD Agrotech India Limited’.

The company is operating under the umbrella brand name of ‘House of Manohar’ (HOM), a rapidly growing player in the market. It is engaged in the manufacturing, trading, and repacking of a wide array of high-quality agro-food products. It operates under few primary sub-brands: Manohar Agro, Super S.S., etc. HOM 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 in several states, which ensures effective distribution, broad market reach, and increased product visibility. To adapt to changing consumer preferences, HOM 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 few minutes. This model aims to improve convenience, maintain product quality, and strengthen customer trust in the brand.

It is an ISO 9001:2015 certified organization for Quality Management System, ISO 14001:2015 for Environmental Management System, ISO 22000:2018 for Food Safety Management System, ISO 45001:2018 for Occupational Health and Safety Management System. It consistently sources high-grade raw materials at its manufacturing facilities to maintain rigorous standards and deliver quality products. It is presently promoted by Ishu Munjal, Jaigopal Munjal, and Surbhi Munjal. In addition to their roles as promoters, all three are actively involved in the company's management, providing strategic guidance and contributing significantly to key areas such as marketing, branding, operations, and overall business strategy.

Business area of the company

The company operates its business under the name of 'House of Manohar' (HOM). HOM is primarily involved in the manufacturing, trading and repacking of various FMCG products under its owned various brands including Manohar Agro, Super S.S., etc. It manufactures products such as various varieties of Gram Flour, Chana Dal, Matar Flour, Puffed Rice, Ramdana and other agro food products. It also manufactures Atta, Mustard Oil, Spices at its D2C Dark Store Factory. It further repacks a wide variety of other agro food products and sells under its owned brand. It operates its sales network in both B2B and D2C market space.

Brands owned by the company

• Manohar Agro Brand
• Super S.S. Brand
• Delhi Special Brand
• Shree Dhanlaxmi Brand

Awards and recognitions

• 2024: Best Agro Food Company of the Year - India Startup Conclave 2024
• 2024: Best Agro Food Company of the Year - Business Outreach

History and millstones

• 2023: Incorporation of the company as ‘M/s Shree Dhanlaxmi Floor Mills Private Limited’ under the Companies Act, 2013 
• 2024: Change in the name of the company from ‘M/s Shree Dhanlaxmi Floor Mills Private Limited’ to ‘SSMD Agrotech India Private Limited’ 
• 2024: The company 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. 
• 2025: The company Expanded its business by entering into D2C model. 
• 2025: Conversion of company from Private Limited to Public Limited. In consequence of such conversion, Name of the company changed from ‘SSMD Agrotech India Private Limited’ to ‘SSMD Agrotech India Limited’
• 2025: The First D2C Store of the company was set up in February 2025 and started its operations in April 2025.