Rukmani Devi Garg Agro Impex IPO
Open SmeCurrent GMP
₹36 (+36.36%)
Price Band
₹ 93 – 99
Lot Size
1200
Issue Size
₹23.52 Cr
Minimum Investment
₹237600 (2400 Shares)
Listing Date
06 October 2025
Subscription
29.68x
About the Company
Rukmani Devi Garg Agro Impex Limited
Incorporated in 1998, Rukmani Devi Garg Agro Impex Limited is engaged in the agro-processing industry, with a core focus on the import, export, trading, and processing of agricultural products. The company serves both domestic and international markets by offering a wide range of agro commodities and value-added food products.
The company primarily procures wheat, mustard, coriander, maize, flax seeds, and soybeans through a network of more than 500 agents across Rajasthan and Madhya Pradesh, establishing strong linkages with the farming community.
As of March 31, 2025, the company owns three warehouses with a total capacity of 20,000 MT and leases two additional warehouses with an aggregate capacity of 20,000 MT. Its processing facility, located at RIICO, covers 2,290 sq. meters with a dedicated storage capacity of 3,500 MT.
The company’s distribution network, as on March 31, 2025, comprises 118 dealers and distributors across India.
Product Portfolio:
- Raw Commodities: Wheat, mustard, coriander, maize, flax seeds, and soybeans.
- Processed Products: Mustard oil and soybean oil.
- Branded Products: The company processes and markets cleaned and sorted wheat under its in-house brands Sharbati, Happyfamily, and Taj Mahal, distributed through its established network of 118 dealers and distributors.
From its beginnings as an aggregator, the company has evolved into a processor and distributor of agro-products, offering both raw and processed commodities to diverse customer segments.
Promoters
- Mr. Vishal Garg
- Mrs. Anju Garg
- RDG Capital Private Limited
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.22%
Objects of the Issue
The Company Rukmani Devi Garg IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding our working capital requirements
- General Corporate Purposes
Address / Contact Info
Rukmani Devi Garg Agro Impex Ltd.
Plot No. 7,
Bhamashah Mandi Anantpura,
Kota, Rajasthan, 324005
Phone: + 91 7891517187
Email: info@rdgagro.com
Website: https://www.rdgagro.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 26 September 2025
IPO Close Date
Tuesday, 30 September 2025
Basis of Allotment
Wednesday, 01 October 2025
Initiation of Refunds
Friday, 03 October 2025
Credit of Shares to Demat
Friday, 03 October 2025
Listing Date
Monday, 06 October 2025 — NSE & BSE
Important Dates
Open Date
26 September 2025
Close Date
30 September 2025
Basis Of Allotment
01 October 2025
Listing Date
06 October 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 110.81 | 55.6 | 45.69 |
| Revenue | 327.32 | 245.02 | 248.5 |
| Profit After Tax | 7.57 | 5.02 | 0.47 |
| Net Worth | 32.43 | 24.86 | 19.84 |
| Reserve & Surplus | 25.93 | 18.36 | 13.34 |
| Total Borrowings | 49.21 | 26.84 | 25.13 |
EPS Pre
11.65%
EPS Post
8.53%
P/E Pre
8.50
P/E (Post Issue)
11.61x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI As On | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 23.35 | 20.18 | 2.39 |
| ROCE % | 15.61 | 16.6 | 7.11 |
| Debt / Equity | 1.52 | 1.08 | 1.27 |
| RoNW % | 23.35 | 20.18 | 2.39 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 2.32 | 2.05 | 0.19 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Market Maker | 120000 | 5.05 | 0 |
| Qualified Institutions | 1128000 | 47.47 | 0 |
| Non-Institutional | 338400 | 14.24 | 0 |
| Retail Investors | 789600 | 33.23 | 0 |
| Total | 2376000 | 100 | 0 |
Subscription Status ( Tue, 30 Sep 25 01:32 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 1128000 | 9291600 | 8.24x |
| Non-Institutional | 338400 | 26220000 | 77.48x |
| Retail Investors | 789600 | 31437600 | 39.81x |
| Total | 2256000 | 66949200 | 29.68x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 237,600.00 |
| Retail (Max) | 2 | 2,400 | 237,600.00 |
| S-HNI (Min) | 3 | 3,600 | 356,400.00 |
| S-HNI (Max) | 8 | 9,600 | 950,400.00 |
| B-HNI (Min) | 9 | 10,800 | 1,069,200.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Fedex Securities Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Rukmani Devi Garg Agro Impex IPO is a Book-building IPO worth ₹23.52 crores. The price band is ₹93 to 99 per share. The IPO opens on Fri, Sep 26, 2025 and closes on Tue, Sep 30, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Rukmani Devi Garg Agro Impex IPO opens on Fri, Sep 26, 2025 and closes on Tue, Sep 30, 2025
Rukmani Devi Garg Agro Impex IPO Price Band is ₹93 to 99.
Rukmani Devi Garg Agro Impex IPO lot size is 1200, and the minimum amount required for application is ₹237600.
The minimum investment for Rukmani Devi Garg Agro Impex IPO is approximately ₹237600 based on the upper price band.
To apply for the Rukmani Devi Garg Agro Impex IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Sep 30, 2025. After submission, funds are blocked until the basis of allotment of Rukmani Devi Garg Agro Impex IPO is finalised.
Rukmani Devi Garg Agro Impex IPO issue size is ₹23.52 crores.
Rukmani Devi Garg Agro Impex IPO allotment date is Sat, Jun 27, 2026.
The registrar for Rukmani Devi Garg Agro Impex IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Rukmani Devi Garg Agro Impex IPO through their official website or helpline.
The Rukmani Devi Garg Agro Impex IPO GMP (Grey Market Premium) is ₹36 as of Mon, Oct 6, 2025. Based on the upper price band of ₹99 per share, the estimated Rukmani Devi Garg Agro Impex IPO listing price is ₹135, indicating a potential listing gain of approximately 31% over the issue price.