Regaal Resources IPO Of ₹306 Crore, Issue Opens on August 12
Regaal Resources Limited, a manufacturer specializing in maize-based products, is set to open its Initial Public Offering (IPO) on August 12, 2025. The public issue will remain open for subscription until August 14, 2025.
Regaal Resources IPO comprises a fresh issue aggregating up to ₹210 crore, and an offer for sale (OFS) worth ₹96 crore. The total issue size is ₹306 crore.
According to the company’s filing, the proceeds from the fresh issue are proposed to be used for the repayment of borrowings, with an allocation of approximately ₹159 crore, and for general corporate purposes.
Regaal Resources IPO has a price band of ₹96 to ₹102 per share, with a face value of ₹5 per equity share. The lot size has been set at 144 shares, requiring a minimum investment of ₹14,688 at the upper price band. The equity shares are proposed to be listed on both the BSE and NSE.
Regal Resources IPO Allocation:
- Qualified Institutional Buyers (QIBs): Up to 50% of the net offer
- Retail Individual Investors (RIIs): At least 35%
- Non-Institutional Investors (NIIs): Up to 15%
Regaal Resources Limited was incorporated in 2012 and operates a production facility in Kishanganj, Bihar, with a crushing capacity of 750 tonnes per day. The company produces maize starch and food-grade starches and supplies to customers in sectors such as food processing, animal feed, and adhesives. Its export markets include Nepal and Bangladesh.
Financial Overview:
As per available financial disclosures, Regal Resources recorded a total income of ₹917.58 crore for the year ended March 31, 2025, compared to the previous year. The profit after tax (PAT) stood at ₹47.67 crore, reflecting a 115% year-on-year increase. Revenue growth for the same period was reported at 53%.
Regaal Resources IPO Schedule (Tentative):
- Opening Date: August 12, 2025
- Closing Date: August 14, 2025
- Basis of Allotment: August 18, 2025
- Initiation of Refunds: August 19, 2025
- Credit of Shares to Demat: August 19, 2025
- Listing Date: August 20, 2025
The book-running lead manager for the issue is Pantomath Capital Advisors Pvt Ltd, and the registrar is MUFG Intime India Pvt Ltd (formerly Link Intime). Promoters of the company include Anil Kishorepuria, Shruti Kishorepuria, Karan Kishorepuria, and BFL Private Limited, who collectively hold 99.56% of the pre-issue equity share capital.