Rukmani Devi Garg Agro Impex Ltd (BSE SME)

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Rukmani Devi Garg Agro Impex

September 26, 2025 – September 30, 2025

Price ₹93 - ₹99
GMP Rumors * ₹0
Lot size 1200
Allotment Oct 1, 2025
Listing Oct 6, 2025


Rukmani Devi Garg Agro Impex Lot(s) Distribution

Category Lot(s) Qty Amount Reserved
INDIVIDUAL 2 2400 237600 329
sHNI 3 3600 356400 31
bHNI 9 10800 1069200 63

Rukmani Devi Garg Agro Impex Reservation

Category Shares Offered %
QIB 1128000 47.47%
HNI 338400 14.24%
INDIVIDUAL 789600 33.23%
Market Maker 120000 5.05%
Total 2376000 100%

Rukmani Devi Garg Agro Impex About

IPO Details
Total Issue Size23,76,000 shares (aggregating up to ₹23.52 Cr)
Fresh Issue23,76,000 shares (aggregating up to ₹23.52 Cr)
Issue TypeBookbuilding IPO
Listing AtBSE SME
Share Holding Pre Issue65,00,000 shares
Share Holding Post Issue88,76,000 shares
Reserved for Market Maker1,20,000 shares (aggregating up to ₹1.19 Cr)
Market MakerSunflower Broking Pvt.Ltd.
Key Performance Indicator (KPI)
KPIMar-25Mar-24Mar-23
ROE23.35%20.18%2.39%
ROCE15.61%16.60%7.11%
DEBT / EQUITY1.521.081.27
P/E
Pre IPO
8.5
P/E
Post IPO
11.61
Company Financials (In ₹Crore)
Period EndedMar-25Mar-24Mar-23
Assets110.8155.645.69
Total Income327.32245.02248.5
Profit After Tax7.575.020.47
EBITDA12.648.173.08
NET Worth32.4324.8619.84
Reserves and Surplus25.9318.3613.34
Total Borrowing49.2126.8425.13
About Company

Incorporation Year: 1998
Industry: Agro-processing, import & export of agricultural products, food processing, and related services.

Operations & Sourcing

  • Procures wheat, mustard, coriander, maize, flax seeds, and soybeans through 500+ agents in Rajasthan and Madhya Pradesh.
  • Acts as a link between farmers and domestic/international markets.

Infrastructure (as of March 31, 2025)

  • Warehouses:
    • 3 owned (capacity: 20,000 MT)
    • 2 leased (capacity: 20,000 MT)
  • Processing Facility: RIICO plant spread over 2,290 sq. mtr with storage capacity of 3,500 MT.

Distribution Network

  • 118 dealers and distributors across India.

Product Portfolio

  1. Raw Agricultural Commodities: Wheat, mustard, coriander, maize, flax seeds, and soybeans.
  2. Processed Products: Mustard oil and soybean oil.
  3. Branded Wheat Products: "Sharbati," "Happyfamily," and "Taj Mahal," distributed through 118 distributors.

Strength

Strong Procurement & Scale: Wide farmer and agent network enables bulk procurement of 20,000 MT with cost efficiency and economies of scale.

Quality Focus: End-to-end quality control with certifications (ISO 45001, HACCP, ISO 9001, ISO 22000), ensuring standard raw material and strong consumer trust.

Experienced Leadership: Led by Promoter & MD Mr. Vishal Garg, with a proven track record and strong management team driving growth and strategic decisions.

Weakness

Dependence on Third-Party Suppliers: Revenue relies on agri-commodity procurement from external suppliers, making the business vulnerable to supply risks.

Price Volatility of Commodities: Agri-commodity prices fluctuate due to weather, yields, global demand-supply, and government policies, impacting profitability.

Customer Concentration Risk: Top 10 customers contribute ~59–69% of revenue; loss of any major client could severely affect operations and cash flows.

Rukmani Devi Garg Agro Impex Lead Manager(s)

Rukmani Devi Garg Agro Impex Address

Rukmani Devi Garg Agro Impex Ltd.
Plot No. 7,
Bhamashah Mandi Anantpura,
Kota, Rajasthan, 324005
Phone: + 91 7891517187
Email: info@rdgagro.com
Website: https://www.rdgagro.com/

Rukmani Devi Garg Agro Impex Registrar

Bigshare Services Pvt Ltd
Address: Bigshare Services Pvt Ltd 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis,Makwana Road, Marol, Andheri(E), Mumbai - 400 059

Rukmani Devi Garg Agro Impex Reviewers

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