IPO Issue Details
Issue Price / Price Band₹99 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size23,76,000 shares (aggregating up to ₹23.52 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenFri, 26 Sep 2025
Subscription CloseTue, 30 Sep 2025
Anchor AllotmentThu, 25 Sep 2025
Basis of AllotmentWed, 01 Oct 2025
Initiation of RefundsFri, 03 Oct 2025
Credit of Shares to DematFri, 03 Oct 2025
Listing DateMon, 06 Oct 2025
UPI Mandate Deadline2025-09-30
Application & Investment Details
Retail — Min (2 Lots)₹2,37,600 — 2,400 shares
Retail — Max (13 Lots)₹1,544,400 (13 Lots)
HNI — Min (3 Lots)₹3,56,400 — 3,600 shares
EPS (Pre-IPO)₹11.65
EPS (Post-IPO)₹8.53
P/E Ratio (Pre-IPO)8.5x
P/E Ratio (Post-IPO)11.61x
Net Offer to Public22,56,000 shares (aggregating up to ₹22.33 Cr)
Reserved for Market Maker1,20,000 shares (aggregating up to ₹1.19 Cr)
Pre-IPO Promoter Holding65,00,000 shares
Post-IPO Promoter Holding88,76,000 shares
About Rukmani Devi Garg Agro Impex Ltd
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:The company sells raw agricultural commodities like wheat, mustard, coriander, maize, flax seeds, and soybean, along with processed products such as mustard oil and soybean oil, to diverse customers across India.Starting as an aggregator, the company now processes raw wheat, removing impurities and sorting it. Processed wheat is sold under the brands "Sharbati," "Happyfamily," and "Taj Mahal" through 118 distributors.Competitive Strengths:Long-standing relationship with the customers from diverse industry.Large scale procurement and storage capabilities.Strategically located and fully automated processing unit and aggregation center.Consistent focus on qualityStrong promoter background and an experienced and entrepreneurial management team with a proven track record and a high degree of employee ownership.
Objects of the Issue
Rukmani Devi Garg Agro Impex Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding the working capital requirements
16.5
2
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
65,00,000 shares
Post-IPO Promoter Holding
88,76,000 shares