
Rukmani Devi Garg Agro Impex Ltd IPO
NSELot: 1200Trading
About Rukmani Devi Garg Agro Impex Ltd
Rukmani Devi Garg Agro Impex Ltd is an SME focused on the trading and processing of agricultural commodities. They primarily deal in pulses and grains, sourcing from farmers and selling to wholesalers and retailers.
Subscription Status
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 8.24x | 1.07x | 0.98x |
| NII | 77.12x | 16.07x | 11.56x |
| Retail | 39.73x | 4.44x | 0.25x |
| Total | 29.59x | 4.50x | 2.31x |
Risk Factors
Promoters & Management
The company's board of directors consists of two executive directors and three non-executive independent directors. Mr. Vishal Garg is the Chairman and Managing Director, responsible for overseeing day-to-day operations and formulating strategies. Mrs. Anju Garg is the Whole-time Director, managing operational functions. The independent directors are Mr. Naresh Dutta Sharma, Mr. Lalit Modi, and Mrs. Priyanka Alwani. Key managerial personnel include Mrs. Ayushi Agrawal, the Company Secretary and Compliance Officer, and Mr. Lakshya Gupta, the Chief Financial Officer. The board has established several committees, including an Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, IPO Committee, and CSR Committee. The company emphasizes corporate governance and has implemented policies such as a Code of Conduct and an insider trading policy. The management team has experience in the agriculture commodity industry and is committed to the company's success.