Rukmani Devi Garg Agro Impex Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Rukmani Devi Garg Agro Impex Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹99
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,18,800
Issue Size
₹0 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
0%
QIB Quota
0%
NII Quota
0%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Rukmani Devi Garg Agro Impex Ltd
Business model, operations, and market positioning.
Issue Type
Book Building
ISIN
INE0S5T01017
Products & Services
- The Company carries on the business of agricultural produce aggregator namely for wheat, mustard, coriander, maize, flax seeds, soyabean, mustard doc and as processor of agricultural produce, namely wheat.
Growth Strategy
- Further strengthening our procurement network.
- Expand our market presence to other states of India to increase our share of branded sales.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public issue of 23,76,000 equity shares of face value Rs. 10/- each ("Equity Shares") of Rukmani Devi Garg Agro Impex Limited ("the Company" or the "Issuer") for cash at a price of Rs. 93-Rs. 99 per equity share (Including a Securities Premium of Rs. 83-Rs. 89.00 Per Equity Share) ("Issue Price"), aggregating to Rs. 22.10-Rs. 23.52 Crore (the "Issue"), of which 1,20,000 equity shares aggregating to Rs. 1.12-Rs. 1.19 Crore will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 22,56,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 93-Rs. 99.00 per equity share aggregating to Rs. 20.98-Rs. 22.33 Crore is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.77 % and 25.42 % respectively of the post issue paid-up equity share capital of the company. Price Band: Rs. 93/- to Rs. 99/- for equity share of face value of Rs. 10 each. The floor price is 9.3 times times the face value and cap price is 9.9 times of the face value of the equity shares. Bids can made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Long-standing relationship with our customers from diverse industry.
- Large scale procurement and storage capabilities.
- Strategically located and fully automated processing unit.
- Consistent focus on quality.
- Strong promoter background and an experienced and entrepreneurial management team with a proven track record and a high degree of employee ownership.
- We derive our revenue from trading in agricultural commodities, procurement of which is heavily dependent on third party suppliers.
- Our products are in the nature of commodities and their prices are subject to fluctuations that may affect our profitability.
- Our business is subject to seasonal volatility, which may contribute to fluctuations in our results of operations and financial condition.
- Our Company has experienced negative cash flows in some prior periods and may do so in the future, which could have a material adverse effect on our business, prospects, financial condition, cash flows and results of operations.
- Substantial portion of our revenues has been dependent upon few customers. The loss of any one or more of our major customers would have a material adverse effect on our business, cash flows, results of operations and financial condition.