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Rukmani Devi Garg Agro Impex Limited
29.35xsubscribed

Rukmani Devi Garg Agro Impex Limited

Agriculture
listed
₹2.23LMin. investment

Rukmani Devi Garg Agro Impex Limited IPO Details

SectorAgriculture
Price range₹93.00 – ₹99.00
IPO type
SME
Lot size1200 shares
Issue size₹23Cr
Market cap
₹87.87CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹326.99CrLower than sector avg
Growth rate3Y CAGR
14.81%

Rukmani Devi Garg Agro Impex Limited Subscription Status

Date
QIB
NII
Retail
Total
26-Sep-25
0.2 times (X)
10.9 times (X)
0.25 times (X)
2.31 times (X)
29-Sep-25
0.25X
15.57X
4.45X
4.56X
30-Sep-25
0.72X
74.67X
39.04X
29.35X

As on 26-Sep-25, 5:30 PM

Rukmani Devi Garg Agro Impex Limited Timeline

  1. Pre-apply
    25 Sep 2025
  2. Bid start
    26 Sep 2025
  3. Bid end
    30 Sep 2025
  4. Allotment
    1 Oct 2025
  5. Release of funds
    3 Oct 2025
  6. Demat transfer
    3 Oct 2025
  7. Listing
    6 Oct 2025

About Rukmani Devi Garg Agro Impex Limited

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%.

Checklist

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Objectives of Rukmani Devi Garg Agro Impex Limited IPO

Working capital
70.15%
The company will utilise ₹16.50 crore towards working capital requirements of the company.
General corporate purposes
29.80%
Part of the IPO proceeds will be used for general corporate purposes.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹326.99Cr14.81%₹7.57Cr₹87.87Cr8.501.52
This sector (avg.)₹459.44Cr---₹41.49Cr₹706.44Cr75.040.31
₹18,298.01Cr---₹2,199.36Cr₹11,995.88Cr10.620.28
₹1,204.97Cr---₹282.28Cr₹4,762.34Cr15.850
₹1,561.03Cr---₹88.31Cr₹3,248.7Cr26.730.24

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Rukmani Devi Garg Agro Impex Limited Contact Details

Company NameRukmani Devi Garg Agro Impex Limited

How to apply for Rukmani Devi Garg Agro Impex Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Rukmani Devi Garg Agro Impex Limited IPO FAQs