IPO Snapshot & Key Facts
First, let’s set up the basics of this IPO. These are based on public IPO aggregators and financial portals. Always verify via the official prospectus and registrar.
| Parameter | Detail |
|---|---|
| Issue type | SME / Book‑building (SME IPO on BSE) |
| Price band | ₹ 93 to ₹ 99 per share |
| Face value | ₹ 10 per share |
| Issue size | ~ 23,76,000 shares aggregating to ~ ₹ 23.52 crore |
| Lot / Application units | Lot size = 1,200 shares Retail min application = 2 lots = 2,400 shares |
| Reservation / quotas | Retail: 35 %, QIB: 50 %, NII: 15 % |
| IPO open date | 26 September 2025 |
| IPO close date | 30 September 2025 |
| Expected allotment date | 1 October 2025 |
| Refund & share credit date | 3 October 2025 |
| Tentative listing date | 6 October 2025 (on BSE SME) |
| Registrar | Bigshare Services Pvt. Ltd. |
| Lead Manager | Fedex Securities Pvt. Ltd. |
Subscription Status (Demand)
“Subscription status” refers to how many times the IPO was applied for (in total) relative to the number of shares offered in each category (retail, NII, QIB). It’s an indicator of how competitive the IPO was.
Here’s what is publicly known:
- As of 30 September 2025, the IPO was subscribed ~ 29.59× overall.
- Category‑wise:
• Qualified Institutional (QIB): ~ 8.24×
• Non‑Institutional (NII / HNI): ~ 77.12×
• Retail / Individual Investors (RII): ~ 39.73× - IPO Dekho’s page states similar numbers: 8.24× (QIB), 77.13× (NII), 39.81× (Retail), and 29.62× overall.
Interpretation:
- The IPO was heavily oversubscribed, especially in the non‑institutional (HNI) segment.
- Retail investors also faced stiff competition (nearly 40×), so not everyone in retail will get full allotment.
- Oversubscription means some applicants will get fewer shares (pro rata or lottery), or none.
How to Check Allotment Status Online (Step by Step)
Once the allotment is declared (expected 1 October 2025), here’s how you can verify your allotment status online.
Method A: Registrar’s Website (Bigshare Services Pvt. Ltd.)
- Go to Bigshare’s IPO / Allotment status page.
- Select Rukmani Devi Garg Agro Impex IPO from the list, if multiple IPOs are listed.
- Enter one of:
– PAN
– Application Number
– Demat / DP Client ID - Enter the captcha / verification code (if shown).
- Click Submit or Check Status.
- You’ll see a screen showing:
– Your name
– Number of shares applied
– Number of shares allotted
– PAN, application number etc. - If allotment is not yet finalized, the page might say “Not declared / Not available.”
- If you see “0 shares allotted” or “Not allotted,” it means your application was unsuccessful (or rejected).
IPO Dekho already mentions that this route will be available.
IPO Ji also provides a link to Bigshare’s allotment status page.
Method B: BSE “Check Allotment” Portal
- Go to BSE’s investor services / IPO allotment check page (for example,
appli_check.aspx). - Under Issue Type, select Equity / SME.
- Under Issue Name, pick Rukmani Devi Garg Agro Impex.
- Enter your PAN and Application Number.
- Complete any captcha or “I am not a robot” check.
- Click Search to see the status.
- If allotment is declared, your status will appear.
IPO Ji suggests using BSE’s portal too.
Method C: Your Broker / Demat / Trading Account
- Log in to your broker / demat / trading account (e.g. Zerodha, Angel One).
- Go to IPO / Orders / Allotments or IPO section.
- Find your Rukmani Devi Garg Agro Impex IPO application.
- The interface should indicate whether you’ve been allotted shares (and how many) or not allotted.
- Some brokers will also send you an SMS / email notification about allotment.
Method D: IPO Aggregator Apps / Websites
- Use apps / sites like IPO Ji:
1. Visit the IPO Allotment Status page.
2. Select Rukmani Devi Garg Agro Impex IPO.
3. Enter PAN / Application number or Demat ID.
4. Click Check Status.
5. The result will show allotment status. - Other websites like Trendlyne, Equentis also list allotment / IPO status pages.
Important Points & Tips to Keep in Mind
These are things you should watch for or understand when dealing with IPO allotments.
- Basis of Allotment The registrar will publish a basis of allotment (BOA) or allotment logic document. This shows how shares were distributed among applicants in different categories, how rounding was handled, etc.
- High Oversubscription / Partial Allocation Because this IPO is heavily oversubscribed (especially in NII / HNI and even retail), many applicants will receive partial allotment (i.e. fewer shares than applied) or none. Don’t expect full allotment if demand is very high.
- Minimum Application & Lot Rules
- The lot size is 1,200 shares.
- Retail investors need to apply for at least 2 lots → 2,400 shares
- There is no provision to apply for just 1 lot in retail, as per prospectus.
- Refund / Share Credit Timeline
- For applicants who are not allotted shares, the refund will be initiated on 3 October 2025.
- For those allotted, shares will be credited to your demat account on 3 October 2025.
- The tentative listing on BSE SME is 6 October 2025.
- Errors / Discrepancies If you don’t see allotment but believe you should have, or if the shares don’t reflect in your demat despite “allotted” status, check for:
- PAN / name mismatches
- Wrong demat account number / DP ID
- Multiple applications under same PAN (which is disallowed)
- Delays from registrar / exchange
- Contact registrar (Bigshare) if there’s a discrepancy.
- No Guarantee of Listing Gains Even if you’re allotted shares, listing gains are not guaranteed. Market demand, volatility, overall conditions, and fundamentals play a huge role.
- Use Trusted Sources Always cross-check allotment via the Registrar’s official site (Bigshare in this case) and exchange websites (BSE), rather than relying solely on third‑party aggregator sites.
