Regaal Resources IPO
Regaal Resources IPO
Overview
Regaal Resources IPO is a book build issue of ₹306.00 crores. The issue is a combination of fresh issue of 2.06 crore shares aggregating to ₹210.00 crores and offer for sale of 0.94 crore shares aggregating to ₹96.00 crores. Regaal Resources IPO opens for subscription on Aug 12, 2025 and closes on Aug 14, 2025. The allotment for the Regaal Resources IPO is expected to be finalized on Aug 18, 2025. Regaal Resources IPO will list on BSE, NSE with a tentative listing date fixed as Aug 20, 2025. Regaal Resources IPO price band is set at ₹102.00 per share . The lot size for an application is 144. The minimum amount of investment required by an retail is ₹13,824 (144 shares). The lot size investment for sNII is 14 lots (2,016 shares), amounting to ₹2,05,632, and for bNII, it is 69 lots (9,936 shares), amounting to ₹10,13,472. Pantomath Capital Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Issue Size
₹3,00,00,235
Issue Price
₹306.00 Cr
Price Band
₹102 – ₹102
Lot Size
144 shares
Min. Investment
₹14,688
Max. Investment
₹14,688
Open Date
12 Aug, 2025
Close Date
14 Aug, 2025
Allotment
18 Aug, 2025
Listing
20 Aug, 2025
Max. Investment
₹14,688
Announced
12 Aug, 2025
Opening Date
12 Aug, 2025
Closing Date
14 Aug, 2025
Basis of Allotment
18 Aug, 2025
Initiation of Refunds
19 Aug, 2025
Credit of Shares
19 Aug, 2025
Listing Date
20 Aug, 2025
Live GMP
Est. Listing: ₹133
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About Regaal Resources IPO
Incorporated in 2012, Regal Resources Limited manufactures maize specialty products in India, with a crushing capacity of 750 tonnes per day.
The company manufactures the following products:-
- Maize starch and modified starch – a natural plant-based starch from maize.
- Co-products –include gluten, germ, enriched fiber and fibre; and
- Food grade starches: maize flour, icing sugar, custard powder, baking powder.
The manufacturing unit is located in Kish
Regaal Resources IPO Share Price
Issue Breakdown
Shareholding
Dilution: 25.1% increase in shares
Regaal Resources IPO Promoters Holding
Regaal Resources IPO Financial Health
Regaal Resources Ltd.'s revenue increased by 53% and profit after tax (PAT) rose by 115% between the financial year ending with March 31, 2025 and March 31, 2024.
Regaal Resources IPO Lot Size
Investors can bid for a minimum of 144 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 144 | ₹14,688 |
| Retail (Max) | 13 | 1872 | ₹1,90,944 |
| S-HNI (Min) | 14 | 2016 | ₹2,05,632 |
| S-HNI (Max) | 68 | 9792 | ₹9,98,784 |
| B-HNI (Min) | 69 | 9936 | ₹10,13,472 |
(All values in CR)
Regaal Resources IPO Valuations
The market capitalization of Regaal Resources IPO is ₹1047.79 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 20.25 |
| ROCE | 14.17 |
| Debt/Equity | 2.08 |
| RoNW | 20.25 |
| PAT Margin | 5.19 |
| EBITDA Margin | 12.32 |
| Price to Book Value | 6.18 |
(All values in CR)
Regaal Resources IPO Strength & Risk
Regaal Resources IPO Strength:
Strategically located plant in Kishanganj, Bihar (maize-rich region)
One of India’s largest maize-processing units (750 TPD capacity)
Diverse product portfolio: native/modified starch, maize flour, gluten, fiber, baking powder.
Broad supplier base (farmers, traders, aggregators) for raw maize procurement.
Strong revenue growth: ₹915+ crore in FY25 (52.5% YoY increase).
Net profit doubled in FY25 (₹47+ crore).
IPO proceeds (₹159 crore) largely used for debt repayment.
Serving multiple industries: food, paper, textiles, pharmaceuticals.
Robust infrastructure and expanding operations.
Regaal Resources IPO Risk:
High customer concentration (top 10 customers = major revenue share).
Heavy dependence on top 10 vendors for raw materials (83%+).
No long-term vendor contracts – procurement is informal.
Seasonal dependency on maize; affected by weather and crop cycles.
Competition in starch and agro-processing industry is intense.
Working capital–intensive operations.
Debt pressure may continue despite partial repayment via IPO
Regulatory, environmental, and forex risks possible
Regaal Resources IPO Subscriptions Status
Regaal Resources IPO subscribed 159.87 times. The public issue subscribed 57.75 times in the retail category, 190.96 times in QIB (Ex Anchor), and 356.72 times in the NII category by August 14, 2025 5:04:32 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 89,99,856 | 89,99,856 | 91.8 |
| QIB (Ex Anchor) | 190.96 | 60,00,262 | 1,14,57,89,712 | 11 |
| Non-Institutional Buyers | 356.72 | 45,00,035 | 1,60,52,43,888 | 16 |
| bNII (bids above ₹10L) | 387.71 | 30,00,024 | 1,16,31,40,415 | 11 |
| sNII (bids below ₹10L) | 294.73 | 15,00,012 | 44,21,03,472 | 4 |
| Retail | 57.75 | 1,05,00,082 | 60,63,29,712 | 6 |
| Total | 159.87 | 2,10,00,379 | 3,35,73,63,312 | 34 |
Regaal Resources IPO GMP
Regaal Resources was listed on the stock exchange on 2019-10-14 00:00:00. The IPO was subscribed 159.87x. The last GMP for Regaal Resources IPO was ₹31, updated on Aug 20th 2025 06:01 AM. As per the last GMP, the expected profit/loss for the IPO was 30.39%. The issue price of Regaal Resources IPO () was ₹102.00, listed at a price of ₹141.00, which is 38.24% higher than the allotment price. The expected IPO listing price as per grey market was ₹133, listed above GMP price and marked as positive listing for GMP.
Last updated 20 Aug, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 20 Aug, 2025 | 102 | ₹31 | 3400/47600 | ₹133 (30.39%) | 4464 | 20 Aug, 2025 |
| 19 Aug, 2025 | 102 | ₹31▲ | 3400/47600 | ₹133 (30.39%) | 4464 | 19 Aug, 2025 |
| 18 Aug, 2025 | 102 | ₹26 | 2800/39200 | ₹128 (25.49%) | 3744 | 18 Aug, 2025 |
| 17 Aug, 2025 | 102 | ₹26 | 2800/39200 | ₹128 (25.49%) | 3744 | 17 Aug, 2025 |
| 16 Aug, 2025 | 102 | ₹26▲ | 2800/39200 | ₹128 (25.49%) | 3744 | 16 Aug, 2025 |
| 15 Aug, 2025 | 102 | ₹24 | - | ₹126 (23.53%) | 3456 | 15 Aug, 2025 |
| 14 Aug, 2025 | 102 | ₹24▼ | 2600/36400 | ₹126 (23.53%) | 3456 | 14 Aug, 2025 |
| 13 Aug, 2025 | 102 | ₹34▲ | 3700/51800 | ₹136 (33.33%) | 4896 | 13 Aug, 2025 |
| 12 Aug, 2025 | 102 | ₹32▲ | 3500/49000 | ₹134 (31.37%) | 4608 | 12 Aug, 2025 |
| 11 Aug, 2025 | 102 | ₹23▲ | 2500/35000 | ₹125 (22.55%) | 3312 | 11 Aug, 2025 |
| 10 Aug, 2025 | 102 | ₹22 | 2400/33600 | ₹124 (21.57%) | 3168 | 10 Aug, 2025 |
| 09 Aug, 2025 | 102 | ₹22▲ | 2400/33600 | ₹124 (21.57%) | 3168 | 09 Aug, 2025 |
| 08 Aug, 2025 | 102 | ₹17▼ | 1900/26600 | ₹119 (16.67%) | 2448 | 08 Aug, 2025 |
| 07 Aug, 2025 | 102 | ₹18 | 2000/28000 | ₹120 (17.65%) | 2592 | 07 Aug, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Regaal Resources IPO
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find Regaal Resources IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.