
Agriculture · BSE
Rukmani Devi Garg Agro Impex Limited, established in 1998, operates within the agro-processing industry with a focus on the import and export of agricultural products, food processing, and related services. The company is involved in trading, distribution, and potentially the manufacturing of various agricultural goods, catering to both domestic and international markets. It primarily sources wheat, mustard, coriander, maize, flax seeds, and soybeans through a network of over 500 agents based in Rajasthan and Madhya Pradesh, who act as intermediaries with the farming community. As of March 31, 2025, the company owns three warehouses with a combined storage capacity of 20,000 metric tons and leases two additional warehouses with the same aggregate capacity. Its processing facility, located in RIICO, spans 2,290 square meters and offers a storage capacity of 3,500 metric tons. The company also maintains a distribution network of 118 dealers and distributors. Rukmani Devi Garg Agro Impex Limited offers both raw and processed agricultural products. Its raw commodities include wheat, mustard, coriander, maize, flax seeds, and soybeans, while its processed offerings feature products like mustard oil and soybean oil. Initially starting as an aggregator, the company has since expanded into processing, where it cleans and sorts raw wheat before marketing it under the brands "Sharbati," "Happyfamily," and "Taj Mahal" through its distribution network.
Price Band
₹93 – ₹99
Issue Size
₹23.52 Cr
Lot Size
1200 shares
GMP
Est. Listing
₹99
at current GMP
Subscribed
29.68x
overall
Open
26 Sep 2025
Close
30 Sep 2025
Allotment
1 Oct 2025
Refund
2 Oct 2025
Demat Credit
3 Oct 2025
Listing
6 Oct 2025
Designated Registrar: Bigshare Services Private Limited
Allotment Date
1 Oct 2025
Basis finalization
Refunds Initiate
2 Oct 2025
Mandate release
Demat Credit
3 Oct 2025
Shares in demat
Listing Debut
6 Oct 2025
Trading begins
Rukmani Devi Garg Agro Impex Limited is bringing an initial public offering (IPO) in the Agriculture sector with an aggregate issue size of ₹23.52 Crores. The shares are offered at a price band of ₹93 to ₹99 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,18,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-10-03, while un-allotted funds or UPI block mandates will be released on 2025-10-02.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.