Rukmani Devi Garg Agro Impex Ltd. IPO

The Company was originally incorporated as a private limited company in the name and style of “Rukmani Devi Garg Agro Impex Private Limited” under the provisions of the erstwhile Companies Act, 1956 vide certificate of incorporation dated April 17, 1998 issued by Registrar ... of Companies, Rajasthan, Jaipur. Subsequently, the Company was converted from a private limited company to a public limited company, pursuant to a resolution passed in the Extraordinary general meeting of the members held on March 08, 2024 and consequently, the name of the Company was changed to “Rukmani Devi Garg Agro Impex Limited”, and a fresh certificate of incorporation consequent upon conversion from private company to public company dated June 18, 2024 was issued by the Registrar of Companies, Rajasthan, Jaipur. The Corporate Identification Number of the Company is U24246RJ1998PLC014771. Incorporated in 1998, we carry on the business of agricultural produce aggregator. As an agricultural produce aggregator, we consolidate agriculture produce namely, wheat, mustard, coriander, maize, flax seeds, soyabean from the vast network of small and fragmented farmers. We grade these produces based on quality and sell in bulk (“raw”) to the diversified customer base which includes, corporates, flthe mills, solvent-extraction plant/ oil mills, export or agriculture-processors across India. As on March 31, 2025, the revenue from bulk/ traded sales (including MILL quality) were Rs. 22,922.88 Lakhs. As the strategy to diversify the product offerings, we have started the processing unit at F-378, Indraprastha Industrial Area, Kota, Rajasthan, 324005 and J-375 G, Indraprastha Industrial Area, IPIA, Kota, Kota, Rajasthan, 324005 (“RIICO Land”) in the Fiscal 2015 for the grading, sorting and packaging of raw wheat (“processed wheat”). We sell processed wheat under the brand “Sharbati”, “Happyfamily”, and “Taj Mahal” through the network of distributors and dealers across, Rajasthan, Uttar Pradesh, Maharashtra, Haryana, Punjab, Delhi and Chandigarh (“Branded sales”). Further, we also sell the low-quality processed wheat in bulk (“Mill quality”). As on March 31, 2025, we engage with over 118 distributor and dealer network. As on March 31, 2025, the revenue from Branded sales (excluding MILL quality) were Rs. 9,776.62 Lakhs. the primary agricultural produce is wheat, mustard, coriander, maize, flax seeds, soyabean, which we procure from over a large number of farmers through a network of kaccha aadtiya (“agents”) spread across the state of Rajasthan and Madhya Pradesh. Further, as on March 31, 2025, the network comprises of over 500 kaccha aadtiya/ agents who liaison and coordinate between the Company and the farmers community. We procure these agricultural produce during harvest period grade and store them raw and in case of wheat we also store processed wheat i.e. after grading, sorting and packaging at the storage facilities situated at the processing unit, owned warehouse and also in warehouses taken on lease basis. As on March 31, 2025, the aggregate warehousing capacity of the 3 (three) owned warehouses is around 20,000 MT. Additionally, the processing unit also have a storage capacity of around 3,500 MT. Further, depending on the storage requirement we also take warehousing on short term lease basis. For instance, as on March 31, 2025, we have occupied 2 (two) warehouses with an aggregate capacity of 20,000 MT on lease basis from the Group entity. Read more

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trends. The information in this chapter is also derived from extracts from publicly available information, data and statistics and has been derived from various ... government publications and industry stheces. The information has not been independently verified by us, the LM, or any of the or their respective affiliates or advisors. The data may have been reclassified by us for the purposes of presentation. Accordingly, investment decisions should not be based on such information. Read more