Rukmani Devi Garg Agro Impex IPO vs Safe Enterprises IPO

Comparison between Rukmani Devi Garg Agro Impex IPO and Safe Enterprises IPO.

IPO Details

Rukmani Devi Garg Agro Impex IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Safe Enterprises IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Rukmani Devi Garg Agro Impex IPO is up to ₹22.33 Cr whereas the issue size of the Safe Enterprises IPO is up to ₹161.13 Cr. The final issue price of Rukmani Devi Garg Agro Impex IPO is ₹99.00 per share and of Safe Enterprises IPO is ₹138.00 per share.

 Rukmani Devi Garg Agro Impex IPOSafe Enterprises IPO
Face Value₹10 per share₹5 per share
Issue Price (Lower)₹93.00 per share₹131.00 per share
Issue Price (Upper)₹99.00 per share₹138.00 per share
Issue Price (Final)₹99.00 per share₹138.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size1200 shares1000 shares
Fresh Issue Size22,56,000 shares1,16,76,000 shares
Fresh Issue Size (Amount)up to ₹22.33 Crup to ₹161.13 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total22,56,000 shares1,16,76,000 shares
Issue Size Total (Amount)up to ₹22.33 Crup to ₹161.13 Cr

IPO Timetable

Rukmani Devi Garg Agro Impex IPO opens on Sep 26, 2025, while Safe Enterprises IPO opens on Jun 20, 2025. The closing date of Rukmani Devi Garg Agro Impex IPO and Safe Enterprises IPO is Sep 30, 2025, and Jun 24, 2025, respectively.

 Rukmani Devi Garg Agro Impex IPOSafe Enterprises IPO
Anchor Bid DateJun 19, 2025
Issue OpenSep 26, 2025Jun 20, 2025
Issue CloseSep 30, 2025Jun 24, 2025
Basis Of Allotment (Tentative)Oct 01, 2025Jun 25, 2025
Initiation of Refunds (Tentative)Oct 03, 2025Jun 26, 2025
Credit of Share (Tentative)Oct 03, 2025Jun 26, 2025
Listing date (Tentative)Oct 06, 2025Jun 27, 2025
Anchor Lockin End date 1Jul 26, 2025
Anchor Lockin End date 2Sep 24, 2025

Financials & KPIs

Rukmani Devi Garg Agro Impex IPO P/E ratio is 8.5, as compared to Safe Enterprises IPO P/E ratio of 12.08.

 Rukmani Devi Garg Agro Impex IPOSafe Enterprises IPO
Financials

Company Financials (Restated Consolidated)

Rukmani Devi Garg Agro Impex Ltd.'s revenue increased by 34% and profit after tax (PAT) rose by 51% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets110.8155.6045.69
Total Income327.32245.02248.50
Profit After Tax7.575.020.47
EBITDA12.648.173.08
NET Worth32.4324.8619.84
Reserves and Surplus25.9318.3613.34
Total Borrowing49.2126.8425.13
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Mar 202531 Mar 2024
Assets101.9454.40
Total Income139.73101.38
Profit After Tax39.1923.09
NET Worth72.0828.99
Reserves and Surplus54.924.36
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10095.18
Promoter Shareholding (Post-Issue)73.2270.07
P/E Ratio8.512.08
Market Cap₹87.87 Cr.₹634.53 Cr.
ROE23.3577.54
ROCE15.6169.10
Debt/Equity1.52
EPS₹11.65₹11.42
RoNW23.3554.37

Shares Offered

In the Rukmani Devi Garg Agro Impex IPO Retail Individual Investors (RII) are offered 7,89,600 shares while in Safe Enterprises IPO retail investors are offered 7,89,600 shares. Qualified Institutional Buyers (QIB) are offered 11,28,000 shares in Rukmani Devi Garg Agro Impex IPO and 23,36,000 shares in Safe Enterprises IPO.

 Rukmani Devi Garg Agro Impex IPOSafe Enterprises IPO
Anchor Investor Reservation0 shares35,01,000 shares
Market Maker Reservation1,20,000 shares6,24,000 shares
QIB11,28,000 shares23,36,000 shares
NII3,38,400 shares17,52,000 shares
RII7,89,600 shares40,87,000 shares
Employee0 shares
Others
Total22,56,000 shares1,16,76,000 shares

Bids Received (Subscription)

Rukmani Devi Garg Agro Impex IPO subscribed 29.59x in total, whereas Safe Enterprises IPO subscribed 14.70x.

Compare with others

Compare:

Rukmani Devi Garg Agro Impex IPO Vs Safe Enterprises IPO