Rukmani Devi Garg IPO Date, Review, Price, Allotment Details
The TruAlt Bioenergy IPO will open on September 25, 2025, and close on September 29, 2025. This is a Book Built Issue, aiming to raise about ₹[.] crores, which includes a fresh issue of ₹750 crores and an offer for sale of up to 18,00,000 equity shares, each having a face value of ₹10.
The price band for the IPO is set at ₹[.] to ₹[.] per share. The retail investor quota is 35%, while Qualified Institutional Buyers (QIB) are allocated 50%, and High Net-worth Individuals (HNI) get 15%. The shares are scheduled to list on BSE and NSE on October 3, 2025, with the allotment date fixed for September 30, 2025.
Financially, the company posted a revenue of ₹1,907.72 crores in 2025, up from ₹1,223.40 crores in 2024, and reported a profit of ₹146.64 crores in 2025, compared to ₹31.81 crores in 2024. Based on these results, investors may consider this IPO for long-term investment.
Our story began in 1998 with a clear and ambitious mission: to empower farmers by ensuring they receive fair prices for their produce. At a time when market access was limited and prices were often unjust, we sought to create a platform that connected farmers to markets offering the true value of their hard work.
Over the years, we have built enduring partnerships with industry leaders, including multinational corporations, flour mills, oil mills, solvent extraction plants, and processors. Through these collaborations, we not only secure fair returns for farmers but also meet the high demands of our industrial clients. Our commitment to bulk purchases, timely payments, and consistent quality has positioned us as a reliable partner in their growth.
Leveraging cost-effective transportation solutions like railway rakes (maal gadi), we deliver high-quality agricultural commodities to every corner of India—from Kashmir to Kanyakumari—ensuring our customers receive the best products at the most competitive prices.
Rukmani Devi Garg IPO Details:
Face Value
₹10 Per Equity Share
Fresh Issue
Approx ₹23.52 Crores
Ipo Date
September 26, 2025
Issue Price
₹93 to ₹99
Issue Type
Book Built Issue
Listing At
BSE SME
Listing Date
October 6, 2025
Listing Day Close
--
Listing Day Gain
--
Lot Amount
2,37,600
Lot Size
2
Offer For Sale
--
Price Band
₹93 to ₹99 Per Share
Profit Loss
--
Share Holding Post Issue
--
Share Holding Pre Issue
--
Total Issue Size
Approx ₹23.52 Crores
--
--
Rukmani Devi Garg IPO Timeline (Tentative Schedule)
Basis Of Allotment
2025-10-01
Credit Of Shares To Demat
2025-10-03
Cut Off Time For Upi Mandate
2025-09-29T23:30:00.000Z
Initiation Of Refunds
2025-10-03
Ipo Close Date
2025-10-30
Ipo Open Date
2025-09-26
Listing Date
2025-10-06
Key Performance Indicator
KPI
Values
Debt Equity
1.52
P Bv
--
Pat Margin
2.32
Roce
15.61
Roe
23.35
Ronw
23.35
Objects of the Issue (Rukmani Devi Garg IPO Objectives)
Funding the working capital requirements
General Corporate Purpose
Rukmani Devi Garg IPO Review (Apply)
Rukmani Devi Garg IPO Company Financial Report (₹ in Crores)
Company Promoters
Upcoming IPO
SME IPO
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