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Rukmani Devi Garg Agro Impex Limited

Rukmani Devi Garg Agro Impex Limited

smelisted
Registrar: Bigshare Services Pvt.Ltd. · Listing 2025-10-06
IPO Timeline
Today · 20 Oct 2026
Opens
26 Sept 2025
Closes
30 Sept 2025
Allotment
01 Oct 2025
Refund
03 Oct 2025
Demat
03 Oct 2025
Listing
06 Oct 2025
Price Band
₹93–99
GMP
₹0
0%
Lot Size
1200 Shares
Min ₹118,800
Subscription
0x
Issue Size
₹23 Cr
Open
2025-09-26
Close
2025-09-30
Listing
2025-10-06

About the company

Incorporated in 1998, Rukmani Devi Garg Agro Impex is an agricultural produce aggregator. The company consolidates agricultural produce like wheat, mustard, coriander, maize, flax seeds, and soybean from the vast network of small and fragmented farmers. The company grades these products based on quality and sells them in bulk to a diversified customer base, including corporates, flour mills, solvent-extraction plant/ oil mills, export or agriculture-processors across India. The company has a network of 500+ agents and 123 dealers as of March 31, 2025. It has three company-owned warehouses with a capacity of 20,000 MT. Additionally, the company also take warehouses on a short-term lease. Regionally, revenue is led by Rajasthan, contributing 79.73%, followed by Haryana, contributing 6.78% and Karnataka, 4.99% in FY25. It has a 200 MT/day capacity with a capacity utilisation of 61.19%.

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail0x
      QIB0x
      NII0x
      EMP0x
      OTHER0x
      Total0x

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 06 Oct 2025
      Listed 379 days ago
      1. IPO Opens

        Completed
        26 Sept 2025

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        30 Sept 2025

        Last day to place your bid

      3. Basis of Allotment

        Completed
        01 Oct 2025

        Share allotment finalised

      4. Refund Initiation

        Completed
        03 Oct 2025

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        03 Oct 2025

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        06 Oct 2025

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1200 shares
      Price / Share (upper)
      ₹99
      Min Investment (1 lot)
      ₹118,800
      Price Band
      ₹93–99
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1200
      Min amount
      ₹118,800
      Max amount
      ₹118,800
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      2400
      Min amount
      ₹237,600
      Max amount
      ₹237,600

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹11.5 Cr
      Shares offered
      1,197,917
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹3.45 Cr
      Shares offered
      359,375
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹8.05 Cr
      Shares offered
      838,542
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).