Rukmani Devi Garg Agro Impex IPO
GMP, Subscription, Price, Dates & Financial Details
Rukmani Devi Garg Agro Impex LimitedIncorporated 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…
Open Date
Fri, 26 Sep 2025
Close Date
Tue, 30 Sep 2025
Price Band
₹ 93 – 99
Lot Size
1200
Issue Size
₹ 24.00 Cr
Minimum Investment
₹ 237,600 (2400 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Rukmani Devi Garg Agro Impex IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹24.00 Crore, comprising a fresh issue of 22.56 Lakh equity shares aggregating to ₹22.00 Crore.
The Rukmani Devi Garg Agro Impex IPO remained open for subscription from September 26, 2025, to September 30, 2025. The basis of allotment was finalized on October 01, 2025, and the company's shares were listed on BSE SME Platform on October 06, 2025.
The company had fixed the price band at ₹93 to ₹99 per share, with a lot size of 1200 shares. Retail investors were required to make a minimum investment of ₹237,600 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Fedex Securities Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Rukmani Devi Garg Agro Impex Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Rukmani Devi Garg Agro Impex IPO Timeline (Tentative)
- IPO Open Date
- Fri, 26 Sep 25
- IPO Close Date
- Tue, 30 Sep 25
- Basis of Allotment
- Wed, 01 Oct 25
- Initiation of Refunds
- Fri, 03 Oct 25
- Credit of Shares to Demat
- Fri, 03 Oct 25
- Listing Date
- Mon, 06 Oct 25 — NSE & BSE
Open Date
26 September 2025
Close Date
30 September 2025
Basis Of Allotment
01 October 2025
Listing Date
06 October 2025
IPO Subscription
Check Live Subscription →The Rukmani Devi Garg Agro Impex IPO has received bids for 6,69,49,200 shares against 22,56,000 shares offered, resulting in an overall subscription of 29.68x. the NII category is subscribed 77.48x, Retail Investors 39.81x, and QIBs 8.24x.
QIB
8.24x
NII
77.48x
RII
39.81x
Total
29.68x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 7,89,600 shares, representing 33.23% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 11,28,000 shares (47.47%), while Non-Institutional Investors (NIIs) receive 3,38,400 shares (14.24%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Market Maker | 120,000 | 5.05% |
| Qualified Institutions | 1,128,000 | 47.47% |
| Non-Institutional | 338,400 | 14.24% |
| Retail Investors | 789,600 | 33.23% |
| Total | 2,376,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Rukmani Devi Garg Agro Impex Limited KPI Information
| 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 |
| Pat Margin % | 2.32 | 2.05 | 0.19 |
Peers Comparison
No Peer Comparision Available
About Rukmani Devi Garg Agro Impex Limited
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.
Rukmani Devi Garg Agro Impex IPO Promoters
- Mr. Vishal Garg
- Mrs. Anju Garg
- RDG Capital Private Limited
Promoters Holding
Holding Pre Issue
100.00%
Holding Post Issue
73.22%
Rukmani Devi Garg Agro Impex IPO Objective
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
Rukmani Devi Garg Agro Impex Limited Address / Contact Details
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
Rukmani Devi Garg Agro Impex IPO Lot Size
The Rukmani Devi Garg Agro Impex IPO has a lot size of 1,200 shares. Retail investors require a minimum investment of ₹2,37,600 by applying for 2 lot (2,400 shares). The maximum application allowed for the retail category is 2 lots (2,400 shares), requiring an investment of ₹2,37,600.
| 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 |
Issue Reservation
- Market Maker — 5.05%
- QIB — 47.47%
- NII — 14.24%
- RII — 33.23%
Book Running Lead Managers
- Fedex Securities Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Rukmani Devi Garg Agro Impex IPO?
Rukmani Devi Garg Agro Impex IPO is a Book-building IPO with a total issue size of ₹24 crore. The Rukmani Devi Garg Agro Impex IPO price band is ₹93 to 99 per share. The Rukmani Devi Garg Agro Impex IPO subscription opens on Fri, Sep 26, 2025, and closes on Tue, Sep 30, 2025. The Rukmani Devi Garg Agro Impex IPO will be listed on the BSE. Bigshare Services Pvt Ltd is the registrar for the Rukmani Devi Garg Agro Impex IPO.
When will the Rukmani Devi Garg Agro Impex IPO open for subscription?
The Rukmani Devi Garg Agro Impex IPO opens on Fri, Sep 26, 2025 and closes on Tue, Sep 30, 2025
What is Rukmani Devi Garg Agro Impex IPO Price Band?
Rukmani Devi Garg Agro Impex IPO Price Band is ₹93 to 99 per share.
What is Rukmani Devi Garg Agro Impex IPO Lot Size?
Rukmani Devi Garg Agro Impex IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹237600 based on the upper price band
What is the minimum investment for Rukmani Devi Garg Agro Impex IPO?
The minimum investment for Rukmani Devi Garg Agro Impex IPO is ₹237600, based on one lot of 1200 shares at the upper price band of ₹99 per share.
How to apply for Rukmani Devi Garg Agro Impex IPO?
Investors can apply for the Rukmani Devi Garg Agro Impex IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Sep 30, 2025. The application amount remains blocked until the Rukmani Devi Garg Agro Impex IPO allotment is finalized.
What is Rukmani Devi Garg Agro Impex IPO Issue Size?
Rukmani Devi Garg Agro Impex IPO issue size is ₹24 crores.
What is the Rukmani Devi Garg Agro Impex IPO Allotment Date?
Rukmani Devi Garg Agro Impex IPO allotment date is Wed, Oct 1, 2025.
Who is the Rukmani Devi Garg Agro Impex IPO Registrar?
The registrar for Rukmani Devi Garg Agro Impex IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Rukmani Devi Garg Agro Impex IPO allotment status, refund processing, and other IPO-related information.
What is the Rukmani Devi Garg Agro Impex IPO GMP?
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 36.36% over the issue price.
Who is the Rukmani Devi Garg Agro Impex IPO Lead Manager?
The book-running lead managers (BRLMs) for the Rukmani Devi Garg Agro Impex IPO are Fedex Securities Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Rukmani Devi Garg Agro Impex IPO Red Herring Prospectus (RHP).