Rukmani Devi Garg’s IPO was subscribed 29.59 times on the last day. A retail quota was subscribed over 39.73 times, NII was subscribed over 77.12 times, and QIB was subscribed 8.24 times, respectively.
Details About Rukmani Devi Garg IPO
Rukmani Devi Garg IPO received approval from SEBI for an IPO worth ₹23.52 crores, wherein a fresh issue would be totally ₹23.52 crores with a face value of ₹10 each.
Further, the Rukmani Devi Garg IPO had a set price band of ₹93 to ₹99 per share.
Rukmani Devi Garg IPO consists of 2,400 shares in 2 lot sizes for retail minimum and maximum categories as well. While 3,600 shares were in 3 lot sizes for the S-HNI category. S-HNI Maximum received 9,600 shares in 8 lot sizes. B-HNI Minimum got 10,800 shares in 9 lot sizes.
To invest in the Rukmani Devi Garg IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,37,600.
- SHNI (S-HNI): Minimum investment of ₹3,56,400.
- SHNI (S-HNI): Maximum investment of: ₹9,50,400.
- B-HNI Minimum: Maximum investment of: ₹10,69,200.
Rukmani Devi Garg IPO Subscription Duration
Rukmani Devi Garg IPO opened on September 26, 2025, and closed on September 30, 2025. The Rukmani Devi Garg IPO allotment date was scheduled on October 1, 2025. The Rukmani Devi Garg IPO listing date is on October 6, 2025.
Rukmani Devi Garg IPO funds deployment
- The proceeds raised from the fresh issue will be used for the Working Capital Requirement of the Company.
- Lastly, the remaining funds will be for the general corporate purposes.
About Rukmani Devi Garg IPO Company
Rukhamani Devi Garg is one of the 1998, and is famous as an agricultural produce aggregator. Moreover, they collect the crops like wheat, mustard, coriander, maize, flax seeds, and soybeans from many small farmers.
The company’s processing unit has a storage capacity of around 3,500 MT. Large-scale procurement and storage capabilities, Long-standing relationships with customers from diverse industries, are the company’s strengths. Strong focus on quality has played a key role in their success and has helped customers see the brand as trustworthy and transparent.
Moreover, as of September 30, 2024, the network includes over 500 kaccha aadtiyas (agents) who act as a link between the company and the farming community. Due to the company’s promoters and team members, the company has gained a lot of benefits and made significant growth. The company provides a strong quality in its products, which has made a long-lasting relationship with the consumers.
Financial Report of the Rukmani Devi Garg IPO Company
The company reported revenue of ₹327.32 crores in 2025 against ₹245.02 crores in 2024. The company reported a profit of ₹7.57 crores in 2025 against a profit of ₹5.02 crores in 2024.
