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Rukmani Devi Garg IPO Date, Review, Price, Allotment Details

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.

About Rukmani Devi Garg IPO

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)

Year
Revenue
Expense
PAT
2023
248.5
247.85
0.47
2024
245.02
238.27
5.02
2025
327.32
317.09
7.57

Company Promoters

  • - Mr. Vishal Garg
  • - Mrs. Anju Garg
  • - RDG Capital Private Limited

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