Rukmani Devi Garg Agro Impex Ltd (BSE SME)

IPO Details

Company Financials (In ₹Crore)

About Company

Incorporation Year: 1998
Industry: Agro-processing, import & export of agricultural products, food processing, and related services.

Operations & Sourcing

• Procures wheat, mustard, coriander, maize, flax seeds, and soybeans through 500+ agents in Rajasthan and Madhya Pradesh.
• Acts as a link between farmers and domestic/international markets.

Infrastructure (as of March 31, 2025)

• Warehouses:
  • 3 owned (capacity: 20,000 MT)
  • 2 leased (capacity: 20,000 MT)
• Processing Facility: RIICO plant spread over 2,290 sq. mtr with storage capacity of 3,500 MT.

Distribution Network

• 118 dealers and distributors across India.

Product Portfolio

1. Raw Agricultural Commodities: Wheat, mustard, coriander, maize, flax seeds, and soybeans.
2. Processed Products: Mustard oil and soybean oil.
3. Branded Wheat Products: "Sharbati," "Happyfamily," and "Taj Mahal," distributed through 118 distributors.

Strength

Strong Procurement & Scale: Wide farmer and agent network enables bulk procurement of 20,000 MT with cost efficiency and economies of scale.

Quality Focus: End-to-end quality control with certifications (ISO 45001, HACCP, ISO 9001, ISO 22000), ensuring standard raw material and strong consumer trust.

Weakness

Dependence on Third-Party Suppliers: Revenue relies on agri-commodity procurement from external suppliers, making the business vulnerable to supply risks.

Price Volatility of Commodities: Agri-commodity prices fluctuate due to weather, yields, global demand-supply, and government policies, impacting profitability.

Customer Concentration Risk: Top 10 customers contribute ~59–69% of revenue; loss of any major client could severely affect operations and cash flows.