Rukmani Devi Garg Agro Impex IPO vs TSC India IPO

Comparison between Rukmani Devi Garg Agro Impex IPO and TSC India IPO.

IPO Details

Rukmani Devi Garg Agro Impex IPO is a SME Bookbuilding IPO proposed to list at BSE SME while TSC India 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 TSC India IPO is up to ₹24.58 Cr. The final issue price of Rukmani Devi Garg Agro Impex IPO is ₹99.00 per share and of TSC India IPO is ₹70.00 per share.

 Rukmani Devi Garg Agro Impex IPOTSC India IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹93.00 per share₹68.00 per share
Issue Price (Upper)₹99.00 per share₹70.00 per share
Issue Price (Final)₹99.00 per share₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1200 shares2000 shares
Fresh Issue Size22,56,000 shares35,12,000 shares
Fresh Issue Size (Amount)up to ₹22.33 Crup to ₹24.58 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total22,56,000 shares35,12,000 shares
Issue Size Total (Amount)up to ₹22.33 Crup to ₹24.58 Cr

IPO Timetable

Rukmani Devi Garg Agro Impex IPO opens on Sep 26, 2025, while TSC India IPO opens on Jul 23, 2025. The closing date of Rukmani Devi Garg Agro Impex IPO and TSC India IPO is Sep 30, 2025, and Jul 25, 2025, respectively.

 Rukmani Devi Garg Agro Impex IPOTSC India IPO
Anchor Bid DateJul 22, 2025
Issue OpenSep 26, 2025Jul 23, 2025
Issue CloseSep 30, 2025Jul 25, 2025
Basis Of Allotment (Tentative)Oct 01, 2025Jul 28, 2025
Initiation of Refunds (Tentative)Oct 03, 2025Jul 29, 2025
Credit of Share (Tentative)Oct 03, 2025Jul 29, 2025
Listing date (Tentative)Oct 06, 2025Jul 30, 2025
Anchor Lockin End date 1Aug 27, 2025
Anchor Lockin End date 2Oct 26, 2025

Financials & KPIs

Rukmani Devi Garg Agro Impex IPO P/E ratio is 8.5, as compared to TSC India IPO P/E ratio of 15.44.

 Rukmani Devi Garg Agro Impex IPOTSC India 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)

TSC India Ltd.'s revenue increased by 28% and profit after tax (PAT) rose by 4% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets61.4553.3326.16
Total Income26.3220.599.85
Profit After Tax4.934.721.22
EBITDA8.758.192.82
NET Worth15.838.744.56
Reserves and Surplus5.486.822.64
Total Borrowing25.5317.7613.08
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10090.74
Promoter Shareholding (Post-Issue)73.2266.85
P/E Ratio8.515.44
Market Cap₹87.87 Cr.₹98.34 Cr.
ROE23.3531.13
ROCE15.6119.49
Debt/Equity1.52
EPS₹11.65₹4.53
RoNW23.3531.13

Shares Offered

In the Rukmani Devi Garg Agro Impex IPO Retail Individual Investors (RII) are offered 7,89,600 shares while in TSC India 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 7,02,000 shares in TSC India IPO.

 Rukmani Devi Garg Agro Impex IPOTSC India IPO
Anchor Investor Reservation0 shares10,50,000 shares
Market Maker Reservation1,20,000 shares1,86,000 shares
QIB11,28,000 shares7,02,000 shares
NII3,38,400 shares5,28,000 shares
RII7,89,600 shares12,32,000 shares
Employee0 shares0 shares
Others
Total22,56,000 shares35,12,000 shares

Bids Received (Subscription)

Rukmani Devi Garg Agro Impex IPO subscribed 29.59x in total, whereas TSC India IPO subscribed 73.21x.

 Rukmani Devi Garg Agro Impex IPOTSC India IPO
QIB (times)8.24x40.03x
NII (times)77.12x133.17x
Big NII (times)93.02x
Small NII (times)45.31x
RII (times)39.73x66.47x
Employee (times)
Other (times)
Total (times)29.59x73.21x

Compare with others

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Rukmani Devi Garg Agro Impex IPO Vs TSC India IPO