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Regaal Resources IPO GMP: Its grey market premium rises to 33.33% as compared with nearly 29% in the previous day, indicating a strong market debut.
Regaal Resources IPO.
Regaal Resources IPO GMP: The initial public offering of Regaal Resources Ltd, which is a maize-based speciality product manufacturer, is going to be closed today, Thursday, August 14. The price of the Rs 306-crore IPO has been fixed at Rs 102 per share. Till 10:14 am on the final day of bidding on Thursday, the issue received a 32.62x subscription, garnering bids for 68,49,28,080 shares as against the 2,10,00,379 shares on offer.
The retail and NII participation stood at 25.08x and 89.16x, respectively. The QIB category received a 3.40x subscription.
The IPO’s grey market premium on Thursday rose to 33.33% as compared with nearly 29% in the previous day, indicating a strong market debut.
Regaal Resources IPO Price And Lot Size
The price band of the IPO has been fixed at 102 per share.
For investors, the minimum lot size for the IPO is 144. It means investors will have to apply for a minimum of 144 shares or in multiple thereof. So, retail investors require a minimum capital of Rs 13,824 to apply for the IPO.
Regaal Resources IPO Key Dates
The IPO will remain open for public subscription between August 12, 2025, and August 14, 2025. The share allotment will likely be finalised on August 18, and the company is expected to be listed on both BSE and NSE on August 20.
Regaal Resources IPO GMP Today
According to market observers, unlisted shares of Regaal Resources Ltd are currently trading at Rs 136 against the upper IPO price of Rs 517. It means a grey market premium or GMP of Rs 34, which is 33.33% over its issue price, indicating a strong listing for the issue.
The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
Regaal Resources IPO: Should You Apply?
Most brokerages, including Arihant Capital Markets, BNK Securities, BP Equities, Canara Bank Securities, Reliance Securities, SMIF, Swastika Investmart, and Venture Securities, have assigned a ‘subscribe’ tag to the IPO.
Anand Rathi in its IPO note has given a ‘subscribe’ recommendation for the public issue, saying: “On the valuation front, based on annualised FY25 earnings, the company is seeking a P/E of 21.9 times, and a post-issue market capitalisation of approximately ₹10,477 million, making the issue appear fully priced. We believe it has a capital-intensive nature of operations, exposure to Agri cycles, and limited pricing power in a commoditised market. However, its strategic location, diversified customer base, and expanding footprint support long-term scalability. Thus, we assign SUBSCRIBE for LONG TERM rating for this issue.”
Regaal Resources IPO: More Info
Regaal Resources Ltd on Monday mobilised around Rs 92 crore from anchor investors, ahead of the IPO.
The IPO has a fresh issue of shares worth Rs 210 crore and an offer-for-sale of 94.12 lakh shares valued at Rs 96 crore by promoters, at the upper end of the price band. This aggregates the issue size to Rs 306 crore.
Following the issue, the promoters’ stake will reduce to approximately 71 per cent from 100 per cent.
Of the fresh issue proceeds, Rs 159 crore will go towards repayment or pre-payment of certain borrowings.
Regaal Resources operates a zero liquid discharge maize milling facility catering to customers in food products, paper, animal feed and adhesives across India, and in export markets such as Nepal and Bangladesh.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
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