The issue has a structured allocation with up to 50% reserved for qualified institutional buyers, not less than 15% for non-institutional investors and at least 35% for retail participants. The minimum application size for retail investors is 2,400 shares.
Business Profile
The company operates in the agro-processing sector, with business interests spanning import, export and processing of agricultural commodities.It procures wheat, mustard, coriander, maize, flax seeds and soybeans from over 500 agents in Rajasthan and Madhya Pradesh, and sells both raw and processed products under brands such as Sharbati, Happyfamily and Taj Mahal.
On the financial front, Rukmani Devi Garg Agro Impex reported robust growth in FY25, with revenue up 34% year-on-year to Rs 327.32 crore and net profit rising 51% to Rs 7.57 crore.
Proceeds are primarily earmarked for working capital requirements and general corporate purposes. The promoters, led by Vishal Garg and Anju Garg, aim to leverage the fresh capital to strengthen procurement and processing capabilities, while expanding the distribution network.
With a moderate grey market premium of Rs 14, the IPO is not indicating oversized listing gains but reflects steady investor interest.
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