Regaal Resources IPO
Open MainLineCurrent GMP
₹31 (+30.39%)
Price Band
₹ 96 – 102
Lot Size
144
Issue Size
₹306 Cr
Minimum Investment
₹14688 (144 Shares)
Listing Date
20 August 2025
Subscription
159.88x
About the Company
Incorporated: 2012
Headquarters: Kolkata, India
Manufacturing Facility: Kishanganj, Bihar (47.92 acres)
Employees: 453 (as of Oct 31, 2024)
Business Overview:
Regaal Resources Limited is one of India’s largest maize-based specialty product manufacturers, with a total installed crushing capacity of 750 tonnes per day (TPD).
Product Categories:
- Native & Modified Maize Starch – Plant-based starch from maize
- Co-products – Gluten, germ, enriched fiber
- Value-added Food Products – Maize flour, icing sugar, custard powder, baking powder
Key Strengths:
- Strategic Location: First maize milling plant in Bihar’s Kishanganj district, close to maize cultivation zones and export markets (Nepal – 24 km; Bangladesh – 235 km)
- Sustainability Focus: Zero Liquid Discharge (ZLD) facility
- Large Storage: 65,000-tonne maize storage capacity with 4 humidity-controlled silos
- Efficient Procurement: Direct sourcing from farmers and aggregators helps control quality and cost
- Exports: Active in Nepal and Bangladesh markets
Customer Segments:
- End-product manufacturers
- Intermediate-product manufacturers
- Distributors / Wholesale traders
Key Clients Include:
- Emami Paper Mills Ltd.
- Century Pulp & Paper
- Mayank Cattle Food Ltd.
- Krishna Tissues Pvt. Ltd.
- Maruti Papers Pvt. Ltd. and others
Competitive Advantages:
- Only maize milling plant in Bihar
- Close proximity to both raw material sources and consumption markets
- Diversified product portfolio
- Established distribution network
- Experienced leadership
Promoters
- Anil Kishorepuria
- Shruti Kishorepuria
- Karan Kishorepuria
- BFL Private Limited
Promoters Holding
Holding Pre Issue
99.56%
Holding Post Issue
0.00%
Objects of the Issue
The Company proposes to utilise the Net Proceeds towards the following objects:
- Repayment and/ or pre-payment, in full or in part, of our certain outstanding borrowings availed by the Company; and
- General Corporate Purposes.
Address / Contact Info
Regaal Resources Ltd.
6th Floor, D2/2, Block-EP & GP,
Sector-V,Kolkata,
West Bengal, India, 700091
Phone: 033 3522 2405
Email: cs@regaal.in
Website: https://regaalresources.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 12 August 2025
IPO Close Date
Thursday, 14 August 2025
Basis of Allotment
Monday, 18 August 2025
Initiation of Refunds
Tuesday, 19 August 2025
Credit of Shares to Demat
Tuesday, 19 August 2025
Listing Date
Wednesday, 20 August 2025 — NSE & BSE
Important Dates
Open Date
12 August 2025
Close Date
14 August 2025
Basis Of Allotment
18 August 2025
Listing Date
20 August 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 860.27 | 585.97 | 371.52 |
| Revenue | 917.58 | 601.08 | 488.67 |
| Profit After Tax | 47.67 | 22.14 | 16.76 |
| Net Worth | 235.41 | 126.61 | 104.41 |
| Reserve & Surplus | 202.44 | 125.12 | 102.92 |
| Total Borrowings | 507.05 | 357.21 | 188.93 |
EPS Pre
5.80%
EPS Post
4.64%
P/E Pre
17.58
P/E (Post Issue)
21.98x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE % | 20.25 | 17.49 | 16.05 |
| ROCE % | 14.17 | 10.07 | 10.99 |
| Debt / Equity | 0 | 0 | 0 |
| RoNW % | 20.25 | 17.49 | 16.05 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 5.19 | 3.68 | 3.43 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 5999904 | 0 | 0 |
| Non-Institutional | 4499928 | 0 | 0 |
| BNII | 2999952 | 0 | 0 |
| SNII | 1499976 | 0 | 0 |
| Retail Investors | 10499832 | 0 | 0 |
| Total | 20999664 | 0 | 0 |
Subscription Status ( Thu, 14 Aug 25 01:39 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 5999904 | 1145789712 | 190.97x |
| Non-Institutional | 4499928 | 1605243888 | 356.73x |
| BNII | 2999952 | 1163140416 | 387.72x |
| SNII | 1499976 | 442103472 | 294.74x |
| Retail Investors | 10499832 | 606340944 | 57.75x |
| Total | 20999664 | 3357374544 | 159.88x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 144 | 14,688.00 |
| Retail (Max) | 13 | 1,872 | 190,944.00 |
| S-HNI (Min) | 14 | 2,016 | 205,632.00 |
| S-HNI (Max) | 68 | 9,792 | 998,784.00 |
| B-HNI (Min) | 69 | 9,936 | 1,013,472.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Pantomath Capital Advisors Pvt Ltd
- Sumedha Fiscal Services Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Regaal Resources IPO is a Book-building IPO worth ₹306 crores. The price band is ₹96 to 102 per share. The IPO opens on Tue, Aug 12, 2025 and closes on Thu, Aug 14, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Regaal Resources IPO opens on Tue, Aug 12, 2025 and closes on Thu, Aug 14, 2025
Regaal Resources IPO Price Band is ₹96 to 102.
Regaal Resources IPO lot size is 144, and the minimum amount required for application is ₹14688.
The minimum investment for Regaal Resources IPO is approximately ₹14688 based on the upper price band.
To apply for the Regaal Resources IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Aug 14, 2025. After submission, funds are blocked until the basis of allotment of Regaal Resources IPO is finalised.
Regaal Resources IPO issue size is ₹306 crores.
Regaal Resources IPO allotment date is Sat, Jun 27, 2026.
The registrar for Regaal Resources IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Regaal Resources IPO through their official website or helpline.
The Regaal Resources IPO GMP (Grey Market Premium) is ₹31 as of Wed, Aug 20, 2025. Based on the upper price band of ₹102 per share, the estimated Regaal Resources IPO listing price is ₹133, indicating a potential listing gain of approximately 31% over the issue price.