Regaal Resources was incorporated on January 02, 2012. The company is among India’s largest manufacturers of maize-based specialty products, with a crushing capacity of 750 tonne per day. It produces native and modified maize starch, co-products like gluten and germ, and value-added products such as maize flour, icing sugar, custard powder, and baking powder
| Bidding Dates |
|---|
| 12 Aug 2025 - 14 Aug 2025 |
| Subscription |
|---|
| 159.88x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹13,824 | 1 | 13 | 144 | 30.0 M | ₹96 - ₹102 | 70.44 % | ₹2880.0 M - ₹3060.0 M | RHP DOC |
Regaal Resources IPO SUBSCRIPTION STATUS
14 Aug '25Regaal Resources IPO overall subscription rate was 159.88 times the total available shares
Regaal Resources IPO retail subscription rate was 57.75 times in the retail segment
Regaal Resources IPO non-institutional investor subscription rate was 356.73 times in the non-institutional investor category
Regaal Resources IPO Qualified Institutional Bidder subscription rate was 190.97 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
14 Aug 2025 (Day 3) | 57.75x | 356.73x | 190.97x |
13 Aug 2025 (Day 2) | 21.86x | 67.77x | 3.36x |
12 Aug 2025 (Day 1) | 5.58x | 10.77x | 2.94x |
Regaal Resources FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 915.2 | 47.7 | -11.2 | -139.3 | 12.3% |
| FY24 | 600.0 | 22.1 | -22.5 | -127.4 | 9.4% |
| FY23 | 488.0 | 16.8 | 34.6 | -35.0 | 8.3% |
Regaal Resources IPO SUBSCRIPTION STATUS DETAILS
Regaal Resources had 30.0 M shares on offer
Regaal Resources IPO offer price was in the range ₹96 - ₹102
Regaal Resources IPO minimum Investment was ₹13824
Regaal Resources IPO issue size was ₹ 2880.0 M - ₹ 3060.0 M
Regaal Resources had a minimum lot size of 144 Shares per application
Regaal Resources NUMBER OF SHARES ON OFFER
Regaal Resources IPO IMPORTANT DATES
| Issue Open Date | 12 Aug 2025 |
| Issue close Date | 14 Aug 2025 |
| Allotment Date | 18 Aug 2025 |
| Refund Date | 19 Aug 2025 |
| Demat Account Credit Date | 19 Aug 2025 |
| Listing Date | 20 Aug 2025 |
| Listing on Exchange(s) | NSE and BSE |
| Regaal Resources Allotment Status | Exchange/ Registrar |
Regaal Resources IPO subscription opened on 12 Aug 2025, and closed on 14 Aug 2025
IPO allotment for Regaal Resources was finalized on Monday, 18 Aug 2025
IPO listing for Regaal Resources was on NSE and BSE on Wednesday, 20 Aug 2025
Regaal Resources IPO LISTING GAINS
| Issue Price (adjusted) | 102.0 |
| Listing Open Price | 141.0 |
| Listing Close Price | 131.6 |
| Listing Gain% | 38.2% |
| Current Gain% | -15.4% |
Regaal Resources Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Regaal Resources Ltd. | 86.2 | 886 | 16 | 1 | 0.8 | 11.4 | 4.2 | 1135.4 | 23.7 | 55.6 | 16.6 | 5.4 | 16.6 |
| LT Foods Ltd. | 427.6 | 14846.8 | 23.2 | 7.3 | 1.3 | 13.8 | 6.9 | 11023.1 | 25.7 | 625.4 | 3.3 | 18.4 | 3.2 |
| Godrej Agrovet Ltd. | 542.8 | 10442.3 | 23.4 | -12.8 | 1 | 23.3 | 7.7 | 10338.5 | 9.7 | 472.8 | 10 | 23.2 | -1.8 |
| KRBL Ltd. | 378.6 | 8666.9 | 13.4 | 0.4 | 1.4 | 11.2 | 9.8 | 6168.2 | 9.1 | 648 | 36.1 | 28.3 | 36.1 |
| Gujarat Ambuja Exports Ltd. | 169.2 | 7761.6 | 18.7 | 0.2 | 1.3 | 9.2 | 7.3 | 5835.8 | 24.3 | 304.3 | 22 | 9.1 | 75.1 |
| Kaveri Seed Company Ltd. | 764.4 | 3932.3 | 13.3 | 2.6 | 2.8 | 16.8 | 10.7 | 1424.1 | 13.8 | 295.8 | 5.2 | 57.5 | 5.2 |
Regaal Resources IPO Reports
Regaal Resources INFORMATION ON IPO ISSUE
About Regaal Resources
Regaal Resources was incorporated on January 02, 2012. The company is among India’s largest manufacturers of maize-based specialty products, with a crushing capacity of 750 tonne per day. It produces native and modified maize starch, co-products like gluten and germ, and value-added products such as maize flour, icing sugar, custard powder, and baking powder
Object of the Issue
- Repayment and/ or pre-payment, in full or in part, of their certain outstanding borrowings availed by the company
- General corporate purposes
Regaal Resources - PROMOTERS
| Name |
|---|
| Anil Kishorepuria |
| Shruti Kishorepuria |
| Karan Kishorepuria |
| BFL Private Limited |
Regaal Resources - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Anil Kishorepuria | Chairman & Managing Director |
| Karan Kishorepuria | Whole Time Director |
| Dinabandhu Mohapatra | Independent Director |
| Sheetal Jhunjhunwala | Independent Director |
| Rajesh Raghunath Pednekar | Independent Director |
| Munish Jhajharia | Non- Executive Director |
Regaal Resources Book Running Lead Manager
Pantomath Capital Advisors Private Limited
regaal.ipo@pantomathgroup.com
Sumedha Fiscal Services Limited
clm_sfsl@sumedhafiscal.com
Regaal Resources Registrar to the Offer
Link Intime India Private Limited
regaalresources.ipo@linkintime.co.in
Regaal Resources Strengths
Geographical advantage
The company is strategically located in Bihar's Kishanganj district, a major maize-growing hub in India. Its facility is 21 km from the West Bengal border and 209 km from the Assam border, both key maize cultivation regions
Sales and distribution network
The company markets its products across India and exports to countries like Bangladesh, Nepal, and Malaysia. It utilises a strong network of distributors and dealers alongside direct sales to end customers, which has driven its growth
Sustainable and efficient manufacturing facility
The manufacturing facility includes dedicated storage, an automated packing unit, and weatherproof loading docks with a 5,000 MT capacity for efficient material handling. It also features a 7.1 MW co-generation power plant, ensuring significant self-sufficiency in power needs
Regaal Resources Risks
Dependent on top 10 vendors
Over 83% of maize purchases come from the top 10 vendors, with no long-term contracts in place. Losing these vendors or price increases could adversely impact the business and revenue
Availability & price fluctuations
Maize, the primary raw material, is seasonal, and any supply disruptions or price fluctuations could impact product pricing, operations, financial condition, and cash flow
Storage & quality control
The production of maize-based products demands precise temperature settings, hygiene, and calibration to maintain quality. While storage silos are temperature-controlled, warehouses are not, making temperature management crucial for preserving raw material quality and ensuring product standards
IPO FAQs
This IPO consists of an offer for sale of up to Rs 96.0 crore, of 9,412,000 shares. It also consists of a fresh issue of Rs 210.0 crore.
The promoters of the company are Anil Kishorepuria, Shruti Kishorepuria, Karan Kishorepuria and BFL Private Limited.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 96.0 - 102.0.
The IPO application opens on Aug 12, 2025 and closes on Aug 14, 2025.
The minimum lot size for the IPO is 144. The maximum lot size for the IPO is 1872.
For all category investors, the minimum application amount for this IPO is Rs. 13,824.0, the maximum value for this IPO is Rs 190,944.0.
This IPO will be allotted on Aug 18, 2025.
The refund will be credited to your account on Aug 19, 2025.
The allotted shares will be credited to your demat on Aug 19, 2025.
Regaal Resources Ltd.’s shares listed on the stock exchanges on Aug 20, 2025.