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Rukmani Devi Garg Agro Impex Ltd. 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 ₹99.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,37,600.00 (2,400 shares) (based on upper price). The minimum lot size investment for 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 Date | September 26, 2025 to September 30, 2025 |
| Listing Date | October 6, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹93 to ₹99 per share |
| Issue Price Final | ₹99 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 23,76,000 shares (aggregating up to ₹23.52 Cr) |
| Reserved for Market Maker | 1,20,000 shares Sunflower Broking Pvt.Ltd. (aggregating up to ₹1.19 Cr) |
| Net Offered to Public | 22,56,000 shares (aggregating up to ₹22.33 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 65,00,000 shares |
| Share Holding Post Issue | 88,76,000 shares |
Rukmani Devi Garg Agro Impex IPO offers total 23,76,000 shares. Out of which 11,28,000 (47.47%) allocated to QIB, 3,38,400 (14.24%) allocated to NII 7,89,600 (33.23%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,20,000 (5.05%) |
| QIB Shares Offered | 11,28,000 (47.47%) |
| NII (HNI) Shares Offered | 3,38,400 (14.24%) |
| − bNII > ₹10L | 2,25,600 (9.49%) |
| − sNII < ₹10L | 1,12,800 (4.75%) |
| Retail Shares Offered | 7,89,600 (33.23%) |
| Total Shares Offered | 23,76,000 (100.00%) |
Rukmani Devi Garg Agro Impex IPO opens on September 26, 2025, and closes on September 30, 2025.
| IPO Open Date | Fri, Sep 26, 2025 |
| IPO Close Date | Tue, Sep 30, 2025 |
| Tentative Allotment | Wed, Oct 1, 2025 |
| Initiation of Refunds | Fri, Oct 3, 2025 |
| Credit of Shares to Demat | Fri, Oct 3, 2025 |
| Tentative Listing Date | Mon, Oct 6, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Sep 30, 2025 |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 | |||
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| 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 |
| Market Capitalization | ₹87.87 Cr. |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 11.65 | 8.53 |
| P/E (x) | 8.5 | 11.61 |
The Company Rukmani Devi Garg Agro Impex IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Funding the working capital requirements | 16.50 |
| 2 | General Corporate Purposes | 3.52 |
[Dilip Davda] RDGAIL is carrying on the business of agriculture produce aggregator and marketing it through 123 distributors spread across many states. While its top line marked inconsistency, its bottom line outperformed the industry benchmarks. The company has created a niche market for its quality agri products. Based on its recent financial data, the issue appears fully priced. Small equity base post-IPO indicates longer gestation for migration. Well-informed investors may park funds for medium to long term. Read detail review...
| Listing Date | October 6, 2025 |
| BSE Script Code | 544552 |
| NSE Symbol | |
| ISIN | INE0S5T01017 |
| Final Issue Price | ₹99 per share |
| BSE Listing Group | MT (Trade to Trade) |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹99.00 |
| Open | ₹79.20 |
| Low | ₹75.24 |
| High | ₹79.20 |
| Last Trade | ₹77.13 |
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/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
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 ₹23.52 Crores. The issue is priced at ₹99 per share. The minimum order quantity is 1200.
The IPO opens on September 26, 2025, and closes on September 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 September 26, 2025 and closes on September 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 Friday, October 3, 2025. Check the Rukmani Devi Garg Agro Impex IPO allotment status.
The Rukmani Devi Garg Agro Impex IPO listing date is on Monday, October 6, 2025.
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