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Regaal Resources IPO: Key Insights & Investment Guide

Regaal Resources Limited is all set to tap the public equity markets with its upcoming initial public offering (IPO). Scheduled to open for bidding between 12th August and 14th August 2025, this bookbuilding IPO aims to raise a total of ₹306 crore. With a mix of fresh issues and offers for sale (OFS), the IPO will be listed on both BSE and NSE, with a tentative listing date of 20th August 2025. In this in-depth guide, we explore every aspect of the Regaal Resources IPO: from financials and GMP to bidding logistics and expert review.


Regaal Resources IPO Details

  • IPO Open Date: 12th August 2025
  • IPO Close Date: 14th August 2025
  • Allotment Date: 18th August 2025
  • Refund Initiation: 19th August 2025
  • Listing Date: 20th August 2025
  • Issue Size: 3,00,00,235 shares aggregating to ₹306.00 crore
  • Fresh Issue: 2,05,88,235 shares (₹210 crore)
  • Offer for Sale: 94,12,000 shares (₹96 crore)
  • Face Value: ₹5 per share
  • Price Band: ₹96 to ₹102
  • Lot Size: 144 shares
  • IPO Type: Bookbuilding
  • Listing Exchange: BSE and NSE
  • Registrar: MUFG India Private Limited

Regaal Resources IPO Share Reservation

As per SEBI’s guidelines, the issue is structured as follows:

Investor Category Shares Offered
QIB Not less than 50% of the offer
Retail Not more than 35% of the offer
NII (HNI) Not more than 15% of the offer

Regaal Resources IPO GMP (Grey Market Premium)

As of 8th August 2025, Regaal Resources IPO has a GMP of ₹23, suggesting strong market interest. Here are the latest trends:

Date IPO Price GMP Estimated Listing Price Listing Gains %
08-08-2025 ₹102 ₹23 ₹125 22.55%
07-08-2025 ₹102 ₹18 ₹120 17.65%

Note: GMP is an informal metric and can be highly speculative.


GMP Review

Regaal Resources is attracting solid grey market premiums, indicating bullish sentiment and possible listing gains. With consistent daily gains in GMP, retail and institutional investors appear optimistic about the stock’s listing performance.


Financial Health

Strong revenue growth and improved profitability define Regaal’s financial narrative. Here’s a snapshot of the past three fiscal years:

Financial Metric FY25 (₹ Cr) FY24 (₹ Cr) FY23 (₹ Cr)
Revenue 917.58 601.08 488.67
PAT (Profit) 47.67 22.14 16.76
EBITDA 112.79 56.37 40.67
Total Assets 860.27 587.97 371.52
Net Worth 235.41 126.61 104.41
Total Borrowing 507.05 357.21 188.93

Key Observations:

  • Revenue has surged 53% YoY.
  • PAT has more than doubled from FY24 to FY25.
  • Borrowings have increased significantly, which the IPO aims to address.

Technical Analysis

Metric Pre-IPO Post-IPO
PE Ratio 17.58 21.98
EPS (Earnings/Share) 5.80 4.64
ROE 20.25%
ROCE 14.17%
RoNW 20.25%
Price to Book Value 6.18
EBITDA Margin 12.32%
Market Capitalisation ₹1047.79 Cr

The post-IPO EPS and PE metrics show a slight dilution but remain within healthy industry averages.


Peer Comparison

Company EPS P/E Ratio RoNW Face Value Revenue (₹ Cr)
Regaal Resources Ltd 5.80 17.58 20.25% ₹5 601.08
Sanstar Ltd 2.58 23.39 7.03% ₹2 1,082
Gulshan Polyols Ltd 3.95 43.75 4.02% ₹1 1,390
Sukhjit Starch & Chemicals Ltd 12.79 13.55 7.36% ₹5 1,385

Regaal Resources demonstrates strong financials and outpaces peers in profitability and return ratios.


Subscription Status (To be updated post IPO close)

Category Shares Offered Subscribed Times Subscribed
QIB TBD TBD TBD
Retail TBD TBD TBD
NII TBD TBD TBD

About Regaal Resources Limited

Incorporated in 2012, Regaal Resources Limited specializes in manufacturing maize-based specialty products like starch, flour, icing sugar, baking and custard powders. The company serves three main segments: end-product manufacturers, intermediaries, and distributors in both domestic and export markets including Nepal and Bangladesh.

Strengths:

  • Strategic plant location near raw material and consumption centers
  • Wide product range
  • Strong distribution network
  • Experienced promoter group

IPO Objectives

The primary objectives of the ₹306 crore IPO are:

  • Repayment of outstanding borrowings
  • General corporate purposes

Promoter Holding

Promoter Name Pre-Issue Holding Post-Issue Holding
Anil Kishorepuria Included
Shruti Kishorepuria Included
Karan Kishorepuria Included
BFL Private Limited Included

Pre-issue promoter holding is 99.56%. Post-issue holding is expected to reduce due to dilution but will remain significantly high.


Bidding Requirements

Investor Type Lots Shares Investment (₹)
Retail Min 1 144 ₹14,688
Retail Max 13 1,872 ₹1,90,944
S-HNI Min 14 2,016 ₹2,05,632
S-HNI Max 68 9,792 ₹9,98,784
B-HNI Min 69 9,936 ₹10,13,472

Pros of Regaal Resources IPO

  • Robust revenue and PAT growth
  • Strategic manufacturing location
  • Diversified product portfolio
  • Strong management and promoter team
  • Growing export business

Cons of Regaal Resources IPO

  • High reliance on a single production facility
  • Customer concentration risk
  • Stiff competition in commodity segments
  • Brand reputation sensitive to quality issues

How to Apply for Regaal Resources IPO

  1. Research thoroughly the IPO metrics, GMP, and valuation
  2. Open a demat account (if not already done)
  3. Navigate to your broker’s IPO portal and select Regaal Resources
  4. Place your bid (min 1 lot = 144 shares)
  5. Approve the UPI mandate to complete the application

Tip: Use multiple demat accounts to increase allotment chances.


How to Check IPO Allotment Status

On NSE Website:

  • Visit NSE official site
  • Go to the IPO Allotment section
  • Select ‘Equity’ and ‘Regaal Resources IPO’
  • Enter your PAN or application number

On Registrar Portal (MUFG India):

  • Go to the IPO section
  • Select Regaal Resources
  • Submit your application/PAN details

Final Verdict: Should You Subscribe?

Regaal Resources IPO is backed by strong financials, consistent growth, and solid market demand as indicated by the GMP. The company operates in a stable sector with potential for international expansion and has shown healthy returns on net worth.

Ideal for:

  • Long-term investors looking for value stocks
  • Short-term traders expecting listing gains

Caution for:

  • Those concerned with customer concentration or operational risk from single-site dependency

On balance, the Regaal Resources IPO appears to be a good bet for investors with a moderate to high-risk appetite.


FAQs

Q1. What is the IPO price band for Regaal Resources?
A: ₹96 to ₹102 per share

Q2. When is the listing date?
A: Tentatively 20th August 2025

Q3. What is the GMP today?
A: As of 8th August 2025, the GMP is ₹23

Q4. What is the lot size?
A: 144 shares per lot

Q5. How much can a retail investor invest?
A: Up to 13 lots (1,872 shares) worth ₹1,90,944


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Stay tuned for live updates and analysis as the Regaal Resources IPO opens for subscription.

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