Rukmani Devi Garg Agro Impex IPO

Incorporated in 1998, Rukmani Devi Garg Agro Impex Limited operates in the agro-processing sector, focusing on the import, export, and processing of agricultural products. The company procures wheat, mustard, coriander, maize, flax seeds, and soybeans from over 500 agents across Rajasthan and Madhya Pradesh.

It owns 3 warehouses (20,000 MT capacity) and leases 2 more (20,000 MT). Its processing facility spans 2,290 sq. mtr with 3,500 MT storage capacity. Distribution covers 118 dealers across India. Processed products are sold under brands like “Sharbati,” “Happyfamily,” and “Taj Mahal.”

Rukmani Devi Garg Agro Impex IPO Overview

The Rukmani Devi Garg Agro Impex IPO is a book building issue worth ₹23.52 crores, consisting entirely of a fresh issue of 0.24 crore shares. The IPO opens for subscription on 26 September 2025 and closes on 30 September 2025, with allotment expected to be finalised on 1 October 2025. The shares are set to list on BSE SME, with a tentative listing date of 6 October 2025. The price band for the IPO is fixed between ₹93 and ₹99 per share, and the lot size for an application is 1,200 shares. For retail investors, the minimum investment amounts to ₹2,37,600 for 2,400 shares at the upper price, while the minimum lot size investment for HNIs is three lots, totaling 3,600 shares or ₹3,56,400. Fedex Securities Pvt. Ltd. is appointed as the book running lead manager, Bigshare Services Pvt. Ltd. as the registrar, and Aftertrade Broking Pvt. Ltd. as the market maker for the issue.

Rukmani Devi Garg Agro Impex IPO Details

Particulars	Details
IPO Date	26 September 2025 to 30 September 2025
Listing Date	6 October 2025 (Tentative)
Face Value	₹10 per share
Issue Price Band	₹93 to ₹99 per share
Lot Size	1,200 Shares
Total Issue Size	23,76,000 shares (₹23.52 Cr)
Fresh Issue	23,76,000 shares (₹23.52 Cr)
Offer for Sale	NA
Issue Type	Bookbuilding IPO
Listing At	BSE SME
Share Holding Pre Issue	65,00,000 shares
Share Holding Post Issue	88,76,000 shares
Market Maker Portion	1,20,000 shares

Rukmani Devi Garg Agro Impex IPO Reservation

Investor Category	Shares Offered
QIB	Not more than 50% of the Net Issue
Retail	Not less than 35% of the Net Issue
NII (HNI)	Not less than 15% of the Net Issue

Rukmani Devi Garg Agro Impex IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	2,400	₹2,37,600
Retail (Max)	2	2,400	₹2,37,600
HNI (Min)	3	3,600	₹3,56,400
HNI (Max)	8	9,600	₹9,50,400
B-HNI (Min)	9	10,800	₹10,69,200

Rukmani Devi Garg Agro Impex IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	100%
Post-Issue	73.22%

Rukmani Devi Garg Agro Impex IPO Valuation Overview

KPI	Value
EPS	7.72
P/E Ratio	11.61 (Post IPO)
Return on Net Worth (RoNW)	20.18%
Net Asset Value (NAV)	₹38.24
Return on Equity (ROE)	23.35%
Return on Capital Employed (ROCE)	15.61%
EBITDA Margin	3.87%
PAT Margin	2.32%
Debt to Equity Ratio	1.52

Objectives of the Proceeds

• Funding working capital requirements: ₹16.5 Cr

• General corporate purposes, including expansion and operational expenses

Key Financials (₹ Crore)

Particulars	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	110.81	55.60	45.69
Revenue	327.32	245.02	248.50
Profit After Tax	7.57	5.02	0.47
Reserves and Surplus	25.93	18.36	13.34
Total Borrowings	49.21	26.84	25.13