
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
Overall Subscription
29.68x
Total Demand
QIB Multiplier
8.24x
Institutions & Funds
NII / HNI
77.48x
High Net-Worth
Retail (RII)
39.81x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,128,000 | 9,291,600 | 8.24x |
| NIB | 338,400 | 26,220,000 | 77.48x |
| HNIs(10L +) | 225,600 | 21,105,600 | 93.55x |
| HNIs (2-10L) | 112,800 | 5,114,400 | 45.34x |
| RETAIL | 789,600 | 31,437,600 | 39.81x |
| Total | 2,594,400 | 93,169,200 | 29.68x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 13 | 0.00x |
| NIB | — | 2,951 | 0.00x |
| RETAIL | 329 | 13,099 | 39.81x |
| HNIs(10L +) | 63 | 1,584 | 25.14x |
| HNIs (2-10L) | 31 | 1,367 | 44.10x |
| Total Applications | 423 | 19,014 | 44.95x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Rukmani Devi Garg Agro Impex Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹93 to ₹99 per equity share.
The retail lot size is 1200 shares requiring a minimum application amount of ₹1,18,800. Expected listing price is ₹99 per equity share.
The Rukmani Devi Garg Agro Impex Limited IPO aggregate issue size is ₹23.52 Crores with an equity price band set at ₹93 to ₹99 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,18,800.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 29.68x (Retail: 39.81x, QIB: 8.24x, NII: 77.48x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-10-01. Investors can verify status using PAN card or application number.
Rukmani Devi Garg Agro Impex Limited shares are scheduled to list on BSE on 2025-10-06.