Rukmani Devi Garg Agro Impex
Open
Open
IPO Closes in
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IPO Timeline
Issue open date
26 Sep 2025Issue close date
30 Sep 2025UPI mandate deadline
30 Sep 2025Allotment finalization
1 Oct 2025Refund initiation
3 Oct 2025Share credit
3 Oct 2025Listing date
6 Oct 2025Mandate end date
15 Oct 2025Lock-in end date for anchor investors (50%)
31 Oct 2025Lock-in end date for anchor investors (remaining)
30 Dec 2025Grey Market Premium Trend
₹14
Current GMP
₹113
Est. Listing Price
14.1%
Est. Listing Gain
₹93 - ₹99
Price Band
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 26 Sep | ₹14 | ₹113 | 14.14% |
| 25 Sep | ₹14 | ₹113 | 14.14% |
| 24 Sep | ₹14 | ₹113 | 14.14% |
| 23 Sep | ₹0 | ₹99 | 0.00% |
| 22 Sep | ₹0 | ₹99 | 0.00% |
IPO Closes in
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💸
IPO Subscription Status
| Category | Times | Allotment Chances |
|---|---|---|
| HNIs (Total) | 11.21🔥 | 8.9% |
| bHNI | 16.71🔥 | 6.0% |
| sHNI | 0.2 | 100% |
| QIBs | 0.98 | 100% |
| Retail | 0.22 | 100% |
Last updated: 26 September'25 04:35PM
Key Dates
Open
26 Sep 2025Close
30 Sep 2025Listing
6 Oct 2025Quick Stats
Issue Size:23cr
Lot Size:1200 shares
Issue Details
Issue Size:23cr
Face Value:₹10
Listing At:BSE SME
Additional Resources
About the Company
Incorporated in 1998, Rukmani Devi Garg Agro Impex operates as an agricultural produce aggregator and processor based in Kota, Rajasthan. The company aggregates wheat, mustard, coriander, maize, flax seeds, soybean, and mustard doc from over 500 agents across Rajasthan and Madhya Pradesh. It processes and sells agricultural produce to corporates, flour mills, solvent-extraction plants, and oil mills across India. The company also manufactures branded wheat products under “Sharbati”, “Happyfamily”, and “Taj Mahal” brands through 123+ dealers and distributors across multiple states. Operating two automated wheat processing units with 200 MT/day capacity and 40000 MT warehousing capacity.
Strengths
- Diversified product portfolio including wheat, mustard, coriander, maize, flax seeds, soybean with both bulk trading and branded sales
- Strong warehousing infrastructure with 40000 MT total capacity through owned and leased facilities ensuring adequate storage
- Automated processing capabilities with 200 MT/day wheat processing units and 3500 MT storage in RIICO Industrial Area
- Wide distribution network covering 123+ dealers and distributors across seven states including Rajasthan, UP, Maharashtra, and Punjab
Risks
- Dependence on agricultural sector subject to monsoon variability, weather conditions, and seasonal fluctuations affecting procurement and pricing
- Reliance on network of 500+ agents for procurement creating dependency risk and potential supply chain disruptions
- Regulatory risks related to agricultural policies, MSP changes, and government intervention in commodity markets
- Concentrated operations in Rajasthan and Madhya Pradesh exposing company to regional agricultural and economic risks
Rukmani Devi Garg Agro Impex IPO – Frequently Asked Questions
- The price band for the Rukmani Devi Garg Agro Impex IPO is set at ₹93 to ₹99 per share.
- The Rukmani Devi Garg Agro Impex IPO opens on September 26, 2025 and closes on September 30, 2025.
- The tentative listing date for the Rukmani Devi Garg Agro Impex IPO is October 6, 2025.
- You can apply for the Rukmani Devi Garg Agro Impex IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Rukmani Devi Garg Agro Impex, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Rukmani Devi Garg Agro Impex IPO is 1200 shares. Investors must apply for at least one lot (i.e., 1200 shares).