Rukmani Devi Garg IPO Date, Review, Price, Allotment Details

Posted on: 24 Sep 2025

The Rukmani Devi Garg IPO is scheduled to open on September 26, 2025, and close on September 30, 2025. This Book Built Issue plans to raise approximately ₹23.52 crores, comprising a fresh issue of ₹23.52 crores along with an offer for sale of equity shares with a face value of ₹10 each.

The price band for the IPO is ₹93 to ₹99 per share, with allocation set at 50% for QIBs, 15% for HNIs, and 35% for retail investors. The shares are expected to be listed on the BSE on October 6, 2025, and the allotment is scheduled for October 1, 2025.

Financially, the company reported a revenue of ₹327.32 crores in 2025, up from ₹245.02 crores in 2024, and a net profit of ₹7.57 crores, compared to ₹5.02 crores the previous year. Based on this performance, experts suggest the IPO is suitable for long-term investment.

Rukmani Devi Garg IPO Details

IPO Open Date
September 26, 2025
IPO Close Date
September 30, 2025
Face Value
₹10 Per Equity Share
IPO Price Band
₹93 to ₹99 Per Share
Issue Size
Approx ₹23.52 Crores
Fresh Issue
Approx ₹23.52 Crores
Issue Type
Book Built Issue
IPO Listing
BSE SME
DRHP Draft Prospectus
PDF
RHP Draft Prospectus
PDF

Rukmani Devi Garg IPO Market Lot

Investors can apply for a minimum of 2,400 shares in the IPO, which equates to ₹2,37,600 per application.

Application
Lot Size
Shares
Amount
Retail Minimum
2
2,400
₹2,37,600
Retail Maximum
2
2,400
₹2,37,600
S-HNI Minimum
3
3,600
₹3,56,400
S-HNI Maximum
8
9,600
₹9,50,400
B-HNI Minimum
9
10,800
₹10,69,200

IPO Reservation

Investor Category
Share Offered
-% Shares
Anchor Investor
1,20,000 Shares
5.05%
QIB (Ex. Anchor)
11,28,000 Shares
47.47%
NII Shares Offered
3,38,400 Shares
14.24%
Retail Shares Offered
7,89,600 Shares
33.23%

Rukmani Devi Garg IPO Anchor Investors

Anchor Bidding Date
September, 2025
Anchor Investors List
PDF
Shares Offered
[.] Shares
Anchor Size
[.] Cr.
Lock-in period end date 50% shares (30 Days)
October, 2025
Lock-in period end date 50% shares (90 Days)
December, 2025

Rukmani Devi Garg IPO Dates

The Rukmani Devi Garg IPO is set to open on September 26 and close on September 30. The allotment will be finalized on October 1, and the shares are expected to list on October 6.

IPO Open Date:
September 26, 2025
IPO Close Date:
September 30, 2025
Basis of Allotment:
October 1, 2025
Refunds:
October 3, 2025
Credit to Demat Account:
October 3, 2025
IPO Listing Date:
October 6, 2025
IPO Bidding Cut-off Time:
September 30, 2025 – 5 PM

Promoters and Holding Pattern

The promoters of Rukmani Devi Garg include Mr. Vishal Garg, Mrs. Anju Garg, and RDG Capital Private Limited.

Particular
Shares
% Share
Promoter Holding Pre-Issue
65,00,000
100.00%
Promoter Holding Post Issue
88,76,000
73.22%

Objects of the Issue & Utilisation of Proceeds

Purpose
Crores
Funding the working capital requirements
16.5
General Corporate Purpose

About Rukmani Devi Garg IPO

Founded in 1998, Rukhamani Devi Garg is a well-known agricultural produce aggregator, collecting crops such as wheat, mustard, coriander, maize, flax seeds, and soybeans from small farmers. The company’s network, as of September 30, 2024, includes over 500 kaccha aadtiyas (agents) who act as a vital link between the company and the farming community, enabling efficient procurement and support for farmers.

The company operates a processing unit with a storage capacity of approximately 3,500 MT, allowing large-scale procurement and storage. Its strengths lie in long-standing relationships with customers across diverse industries, a strong focus on product quality, and the dedication of its promoters and team members. These factors have helped the company build trust, transparency, and lasting connections with its clients, driving sustained growth and success.

Rukmani Devi Garg IPO Company Financial Report

Amount in Crores (₹)

Period Ended
Revenue
Expense
PAT
Assets
2023
₹248.50
₹247.85
₹0.47
₹45.69
2024
₹245.02
₹238.27
₹5.02
₹55.60
2025
₹327.32
₹317.09
₹7.57
₹110.81

Rukmani Devi Garg IPO Valuation – FY2025

Check Rukmani Devi Garg IPO valuation details like Earnings Per Share (EPS), Price/Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPI
Values
ROE:
23.35%
ROCE:
15.61%
EBITDA Margin:
3.87%
PAT Margin:
2.32%
Debt-to-equity ratio:
1.52
Earning Per Share (EPS):
₹11.65 (Basic)
Price/Earnings (P/E) Ratio:
N/A
Return on Net Worth (RoNW):
23.35%
Net Asset Value (NAV):
₹49.89

Peer Group Comparison

Company
EPS
PE Ratio
RoNW %
NAV
Income
NHC Foods Limited
1.98
2.37
8.45%
23.43
209.24 Cr.
Neelkanth Limited
0.69
34.11
3.14%
21.99
5.72 Cr.

IPO Lead Managers aka Merchant Bankers

  • FedEx Securities Pvt. Ltd.

IPO Registrar

Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

Company 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/


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