Bookbuilding IPO | ₹24 Cr | Listed at BSE SME | Fri, Sep 26, 2025 - Tue, Sep 30, 2025

Rukmani Devi Garg Agro Impex IPO is a book build issue of ₹23.52 crores. The issue is entirely a fresh issue of 0.24 crore shares of ₹23.52 crore.
Rukmani Devi Garg Agro Impex IPO bidding started from Sep 26, 2025 and ended on Sep 30, 2025. The allotment for Rukmani Devi Garg Agro Impex IPO was finalized on Oct 1, 2025. The shares got listed on BSE SME on Oct 6, 2025.
Rukmani Devi Garg Agro Impex IPO price band is set at ₹99 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,37,600 (2,400 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,600 shares), amounting to ₹3,56,400.
Fedex Securities Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Sunflower Broking Pvt.Ltd..
Refer to Rukmani Devi Garg Agro Impex IPO RHP for detailed Information.
IPO Open
Fri, Sep 26, 2025
IPO Close
Tue, Sep 30, 2025
Issue Price
₹99 per share
Market Cap (Pre-IPO)
₹87.87 Cr
| IPO Date | 26 to 30 Sep, 2025 |
| Listed on | Mon, Oct 6, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹93 to ₹99 |
| Issue Price | ₹99 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 23,76,000 shares (agg. up to ₹24 Cr) |
| Reserved for Market Maker | 1,20,000 shares Sunflower Broking Pvt.Ltd. (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 22,56,000 shares (agg. up to ₹22 Cr) |
| Net Offered to Public | 22,56,000 shares (agg. up to ₹22 Cr) |
| Share Holding Pre Issue | 65,00,000 shares |
| Share Holding Post Issue | 88,76,000 shares |
| BSE Script Code | 544552 |
| ISIN | INE0S5T01017 |
Rukmani Devi Garg Agro Impex IPO comprises a total issue size of 23,76,000 shares. The net offer to the public is 22,56,000 shares, after excluding 1,20,000 shares allotted on a firm basis. Of the Net offer 11,28,000 (50.00%) are allocated to QIB, 3,38,400 (15.00%) allocated to NII 7,89,600 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 11,28,000 | 50.00% | 47.47% |
| NII (HNI) Shares Offered | 3,38,400 | 15.00% | 14.24% |
| − bNII > ₹10L | 2,25,600 | 9.49% | |
| − sNII < ₹10L | 1,12,800 | 4.75% | |
| Retail Shares Offered | 7,89,600 | 35.00% | 33.23% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,20,000 | 5.05% | |
| Total Shares Offered | 23,76,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,37,600 |
| Individual investors (Retail) (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 |
Incorporated in 1998, Rukmani Devi Garg Agro Impex Limited is a company engaged in the agro-processing industry, primarily focusing on the import and export of agricultural products, food processing, and related services.
The company may be involved in the trading, distribution, or manufacturing of a variety of agricultural goods, aiming to serve both domestic and international markets.
The company primarily procures wheat, mustard, coriander, maize, flax seeds, and soybeans from over 500 agents across Rajasthan and Madhya Pradesh, who connect the company with the farming community.
As of March 31, 2025, the company owns 3 warehouses with a capacity of 20,000 MT and leases 2 additional warehouses with an aggregate capacity of 20,000 MT. It has a processing capacity in RIICO across 2,290 sq. mtr with a storage capacity of 3,500 MT.
As on March 31, 2025, its distrbution network has 118 dealers and distributors.
Products:
Competitive Strengths:
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 Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 110.81 | 55.60 | 45.69 |
| Total Income | 327.32 | 245.02 | 248.50 |
| Profit After Tax | 7.57 | 5.02 | 0.47 |
| EBITDA | 12.64 | 8.17 | 3.08 |
| NET Worth | 32.43 | 24.86 | 19.84 |
| Reserves and Surplus | 25.93 | 18.36 | 13.34 |
| Total Borrowing | 49.21 | 26.84 | 25.13 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements | 16.50 |
| 2 | General Corporate Purposes | 3.52 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 23.35% |
| ROCE | 15.61% |
| Debt/Equity | 1.52 |
| RoNW | 23.35% |
| PAT Margin | 2.32% |
| EBITDA Margin | 3.87% |
| Price to Book Value | 1.98 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 11.65 | 8.53 |
| P/E (x) | 8.5 | 11.61 |
| Promoter Holding | 100% | 73.22% |
| Market Cap | ₹87.87 Cr. |
The Rukmani Devi Garg Agro Impex IPO is subscribed 29.59 times on September 30, 2025 5:04:51 PM (Day 3). The public issue subscribed 39.73 times in the individual investors category, 8.24 times in the QIB category, and 77.12 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 8.24 | 11,28,000 | 92,91,600 | 0 |
| NII* | 77.12 | 3,38,400 | 2,60,96,400 | 0 |
| bNII (bids above ₹10L) | 93.02 | 2,25,600 | 2,09,85,600 | |
| sNII (bids below ₹10L) | 45.31 | 1,12,800 | 51,10,800 | |
| Individual Investor | 39.73 | 7,89,600 | 3,13,72,800 | 0 |
| Total | 29.59 | 22,56,000 | 6,67,60,800 | 16,135 |
Total Application : 16,135
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager Fees | 0.45 |
| 2 | Fees payable to Registrars to the Issue, Legal and Other Advisory Services, Advertising and marketing Expenses, distribution, Printing and Distribution of issue stationery, Brokerage, Selling Commission for SCSB, Register Brokers, Sponsor Bank and upload fees | 2.25 |
| 3 | Fees Payable to Regulators including Stock Exchanges | 0.20 |
| 4 | Others (Fees payable for Market making, Underwriting fees, peer review auditor, secretarial work, out-of-pocket expenses and other expenses.) | 0.60 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹99.00 |
| Open | ₹79.20 |
| Low | ₹75.24 |
| High | ₹79.20 |
| Last Trade | ₹77.13 |
Lead Manager Reports
Rukmani Devi Garg Agro Impex IPO is a SME IPO of 23,76,000 equity shares of the face value of ₹10 aggregating up to ₹24 Crores. The issue is priced at ₹99 per share. The minimum order quantity is 1200.
The IPO opens on Fri, Sep 26, 2025, and closes on Tue, Sep 30, 2025.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Rukmani Devi Garg Agro Impex IPO using UPI as a payment gateway. Zerodha customers can apply in Rukmani Devi Garg Agro Impex IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Rukmani Devi Garg Agro Impex IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
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 lot size is 1200, and the minimum amount required for application is ₹2,37,600, with 2 lots being the minimum application size.
You can apply in Rukmani Devi Garg Agro Impex IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Rukmani Devi Garg Agro Impex IPO will be done on Wednesday, October 1, 2025, and the allotted shares will be credited to your demat account by Fri, Oct 3, 2025. Check the Rukmani Devi Garg Agro Impex IPO allotment status.
The Rukmani Devi Garg Agro Impex IPO listing date is on Mon, Oct 6, 2025.