Rukmani Devi Garg Agro Impex Limited IPO

Rukmani Devi Garg Agro Impex Limited IPO

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹93 - ₹99

Total Issue

₹23.52 Cr

Bid Dates

26 Sep - 30 Sep

Subscription

28.18x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Incorporated in 1998, Rukmani Devi Garg Limited is engaged in the business of agricultural produce aggregation and processing. The company primarily deals in wheat, mustard, coriander, maize, flax seeds, soybean, and mustard doc, while also focusing on wheat processing. Its customer base includes corporates, flour mills, solvent extraction plants, oil mills, and agricultural processors across India. In addition to bulk sales, the company markets its processed wheat under well-known in-house brands such as “Sharbati,” “Happyfamily,” and “Taj Mahal” through an established dealer and distributor network spread across Rajasthan, Uttar Pradesh, Maharashtra, Haryana, Punjab, Delhi, and Chandigarh. With its dual focus on B2B and branded retail sales, the company continues to strengthen its presence in India’s agricultural value chain.

Lot Info

Lot Information for Rukmani Devi Garg IPO
Category Lots Shares Amount
Individual (Min) 2 2,400 ₹2,37,600
Individual (Max) 2 2,400 ₹2,37,600
S-HNI (Min) 3 3,600 ₹3,56,400
S-HNI (Max) 8 9,600 ₹9,50,400
B-HNI (Min) 9 10,800 ₹10,69,200
Market Maker
1,20,000 EQ Shs
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹23.52 Cr
Fresh Issue
₹23.52 Cr (0.24 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹99
Est. Gain 0.00%

Rukmani Devi Garg IPO Peer Comparison

There are no comparable listed peers in India as per the company

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Rukmani Devi Garg IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 327.00 244.38 248.05
Profit after Tax 7.57 5.02 0.47
Net Worth 32.43 24.86 19.84
Total Borrowing 49.21 26.84 25.13
Total Assets 110.81 55.60 45.69
NAV per share (in ₹) 49.89 38.24 30.52
EPS - Basic (in ₹) 11.65 7.72 0.73

KPIs

EBITDA

3.87%

PAT

2.32%

ROE

23.35%

ROCE

15.61%

Debt to Equity

3.88

PE Ratio

8.50

PB Ratio

1.98

Mkt Cap (in Crs.)

87.87

All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

100.00%

Public

0.00%

RDG Capital 40.60%
Vishal Garg 36.57%
Anju Garg 22.82%
Others 0.01%

Management

Vishal Garg Chairman & MD
Lakshya Gupta CFO

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on 30 Sep 2025 | 05:00:00 PM

BSE SME Subscription Status for Rukmani Devi Garg IPO
Category Sub (x) Offered Bids
QIB 8.24x 11,28,000 92,91,600
NII 77.13x 3,38,400 2,61,00,000
bHNI 93.02x 2,25,600 2,09,85,600
sHNI 45.34x 1,12,800 51,14,400
Individual Investor 39.81x 7,89,600 3,14,37,600
Total 29.62x 22,56,000 6,68,29,200

Frequently Asked Questions

What is Rukmani Devi Garg IPO?
Rukmani Devi Garg IPO is a SME IPO having an issue size of ₹23.52 Crs. Rukmani Devi Garg IPO is priced at ₹93 - ₹99 per share. The issue opens on 26 Sep 25 and closes on 30 Sep 25.
When will Rukmani Devi Garg IPO open?
Rukmani Devi Garg IPO opens on 26 Sep 25 and closes on 30 Sep 25.
What is the GMP of Rukmani Devi Garg IPO?
The estimated Grey Market Premium of Rukmani Devi Garg IPO is ₹0 per share (0.00%).
What is the lot size of Rukmani Devi Garg IPO?
The minimum lot size of Rukmani Devi Garg IPO is 1200 shares & the minimum application amount is Rs. 118800.
When is the allotment of Rukmani Devi Garg IPO?
The allotment date of Rukmani Devi Garg IPO is 01 Oct 25.
What is the listing date of Rukmani Devi Garg IPO?
The listing date of Rukmani Devi Garg IPO is 06 Oct 25.
What is the subscription of Rukmani Devi Garg IPO?
Rukmani Devi Garg IPO is subscribed 28.18 times.
What is the price band of Rukmani Devi Garg IPO?
Rukmani Devi Garg IPO is priced at ₹93 - ₹99 per share.
How to check allotment status of Rukmani Devi Garg IPO?
Click the allotment link on Rukmani Devi Garg IPO page of IPO360.
How to apply Rukmani Devi Garg IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Rukmani Devi Garg IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Rukmani Devi Garg IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Rukmani Devi Garg IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date