RG Brothers Seeks Rs 10 Cr Seed Funding for Rapid Growth, Eyes SME IPO

• RG Brothers, a rice marketer, is seeking Rs 10 crore in seed funding to boost growth and achieve a turnover of Rs 80-100 crore by FY 2026-27.
• The funding will be used for expanding branded and institutional distribution, strengthening working capital, enhancing brand visibility, and investing in IPO-aligned systems.
• The company operates on an asset-light model, sourcing rice from millers nationwide and outsourcing processing/packaging to partner units.
• A private limited company is being incorporated as part of an IPO-readiness strategy, which will handle branded rice distribution under company-owned SKUs.
• Founded by D S Manchanda, RG Brothers has seen rapid revenue growth from Rs 30 lakh in FY 2021 to over Rs 15 crore by FY 2025, with strong EBITDA projections.

Why It Matters: RG Brothers aims for significant expansion and an SME IPO by securing Rs 10 crore seed funding.