Rukmani Devi Garg Agro Impex Ltd

Rukmani Devi Garg Agro Impex IPO

  • Status: Closed
  • RHP:
  • ₹ 223,200 / 2400 shares

    Minimum Investment

Rukmani Devi Garg Agro Impex IPO Details

  • Open Date

    26 Sep 2025

  • Close Date

    30 Sep 2025

  • Listing Date

    06 Oct 2025

  • IPO Price Range

    ₹ 93 to ₹99

  • IPO Size

    ₹ 23.52 Cr

  • Listing Exchange

    BSE SME

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Rukmani Devi Garg Agro Impex IPO Subscription Status

Last Updated: 30 September 2025 6:48 PM by 5paisa

Rukmani Devi Garg Agro Impex Ltd. is engaged in trading, distribution, and processing of agro-based commodities, catering to both domestic and international markets.

1. Procurement: Sources raw commodities from over 500 agents in Rajasthan and Madhya Pradesh.
2. Infrastructure: Owns 3 warehouses (20,000 MT capacity) and leases 2 more (20,000 MT). Operates a processing unit in RIICO over 2,290 sq. mtrs. with 3,500 MT storage capacity.
3. Distribution: Operates through 118 dealers and distributors across India.
4. Products:
        ◦ Raw commodities: Wheat, mustard, coriander, maize, flax seeds, soybean.
        ◦ Processed products: Mustard oil, soybean oil.
        ◦ Wheat brands: Sharbati, Happyfamily, Taj Mahal.

Established in: 1998
MD: Mr Vishal Garg

Peers:
    • Neelkanth Ltd.
    • NHC Foods Ltd.

Rukmani Devi Garg Agro Impex Objectives

1. Funding working capital requirements – ₹16.5 Crore.
2. General corporate purposes.

Rukmani Devi Garg Agro Impex IPO Size

Types Size
Total IPO Size ₹23.52 cr
Offer For Sale -
Fresh Issue ₹23.52 cr

 

Rukmani Devi Garg Agro Impex IPO Lot Size

Application Lots Shares Amount
Retail (Min) 2 2,400 ₹2,23,200
Retail (Max) 2 2,400 ₹2,37,600

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY23 FY24 FY25
Revenue 248.50 245.02 327.32
EBITDA 3.08 8.17 12.64
PAT 0.47 5.02 7.57
Particulars (in Rs. Crores) FY23 FY24 FY25
Total Assets 45.69 55.60 110.81
Share Capital 6.50 6.50 6.50
Total Borrowing 25.13 26.84 49.21
Particulars (in Rs. Crores) FY23 FY24 FY25
Net Cash Generated From / (used in) operating activities -1.86 -6.86 -19.64
Net Cash Generated From / (used in) investing activities 0.09 1.48 -0.36
Net Cash Generated From / (used in) financing activities 7.24 -0.02 19.96
Net Increase (Decrease) In Cash And Cash Equivalents 5.47 -5.39 -0.04


Strengths

1. Long-standing relationships with a wide network of dealers and distributors.
2. Large-scale procurement, storage, and processing capabilities.
3. Strategically located, automated processing and aggregation units.
4. Experienced promoters and management team with a proven track record.

Weaknesses

1. Dependence on agricultural produce supply, vulnerable to crop yield fluctuations.
2. Limited proprietary technology; reliance on conventional processing methods.
3. Concentrated product portfolio primarily in wheat, mustard, and soybean.
4. Operational efficiency is sensitive to market and climatic conditions.

Opportunities

1. Growing domestic and international demand for processed agricultural products.
2. Expansion potential in additional agro-processing products and markets.
3. Strategic partnerships and brand development for processed products.
4. Adoption of advanced processing technologies and modernisation of units.

Threats

1. Price volatility in raw agricultural commodities is impacting margins.
2. Intense competition from other domestic and international agro-processors.
3. Regulatory changes in food safety, exports, and imports.
4. Supply chain disruptions due to climatic, political, or logistical factors.

1. Long-standing customer relationships and a wide distribution network.
2. Strong procurement, processing, and storage capabilities.
3. Well-established brands in processed wheat and edible oils.
4. Consistent financial growth with a 34% revenue rise in FY25.
5. Experienced promoters and management with a proven track record.

Rukmani Devi Garg Agro Impex is well-positioned to capitalise on the growing demand for processed and high-quality agricultural products in both domestic and international markets. With a strong procurement network spanning Rajasthan and Madhya Pradesh, combined with automated processing units and strategic warehouse locations, the company can ensure consistent supply and quality. The agro-processing industry is expected to benefit from increasing consumption, rising health-consciousness, and government initiatives supporting food processing and exports. Leveraging its established brand presence and distribution network, the company is poised for sustainable growth and operational expansion in the coming years.

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FAQs

The Rukmani Devi Garg Agro Impex IPO opens on September 26, 2025, and closes on September 30, 2025.

The Rukmani Devi Garg Agro Impex IPO issue size is ₹23.52 Cr through a fresh issue.

The price band of Rukmani Devi Garg Agro Impex IPO is ₹93 to ₹99 per share.

For Rukmani Devi Garg Agro Impex IPO, the required minimum lot size is 2 (2,400 shares), requiring ₹2,23,200.

The allotment date of Rukmani Devi Garg Agro Impex IPO is October 1, 2025.

The listing date of Rukmani Devi Garg Agro Impex IPO is expected on October 6, 2025, on BSE SME.

Fedex Securities Pvt. Ltd. is the book running lead manager for Rukmani Devi Garg Agro Impex IPO.

 Rukmani Devi Garg Agro Impex shall use the IPO proceedings for;

1. Funding working capital requirements – ₹16.5 Crore.
2. General corporate purposes.