Rukmani Devi Garg Agro Impex Makes Weak Debut, Lists 20% Below Issue Price at ₹79.20 on BSE SME
By Shishta Dutta | Published at: Oct 6, 2025 02:46 PM IST

Kota, Oct 6, 2025: The shares of Rukmani Devi Garg Agro Impex Limited made a weak debut on BSE SME today. The shares were listed at ₹79.20 per share, a 20% discount to their issue price of ₹99. As of 1:45 PM, the shares were down by 20.20%, or 20 points, and were trading at ₹79. Until now, the shares have traded within a range of ₹79.20 and ₹75.24. The traded volume stoodd at 9.06 lakh shares, with the company’s market cap at ₹66.78 crore.
Rukmani Devi Garg Agro Impex Limited is an Indian company that is an agricultural produce aggregator and processor. The company deals in wheat, mustard, maize, soyabean, and flax seeds. It was established in 1998 and is headquartered in Kota, Rajasthan. The shares of the company are listed on BSE SME with the code 544552.
Rukmani Devi Garg Agro Impex IPO Issue Size of ₹23.52 Crore
The issue size of Rukmani Devi Garg Agro Impex IPO was ₹23.52 crore, including an entirely fresh issue of 0.24 crore shares aggregating to ₹23.52 crore, with no offer for sale element. The IPO opened on 26 September and closed on 30 September. The company had set a fixed price of ₹99 per share. The lot size for an application was 1,200 shares. The minimum investment required by a retail investor was ₹2,37,600 (2,400 shares) based on the upper price band, while the minimum lot size for High Net-worth Individuals (HNI) was 3 lots (3,600 shares), amounting to ₹3,56,400.
Rukmani Devi Garg Agro Impex IPO Overall Subscription At 29.59 Times
Overall, the issue was subscribed 29.59 times, led by NIIs at 77.12 times. NIIs were followed by retail investors at 39.73 times, and QIBs at 8.24 times. FedEx Securities Pvt.Ltd was the book-running lead manager, while Bigshare Services Pvt.Ltd was the registrar of the issue. The market maker of the company was Sunflower Broking Pvt.Ltd..
REF: https://www.bseindia.com/stock-share-price/rukmani-devi-garg-agro-impex-ltd/rdgail/544552/
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