
Regaal Resources IPO: Kolkata-based agribusiness firm raises ₹91.7 crore from anchor investors ahead of public issue
Regaal Resources allocated a total of 89,99,856 or more than 89 lakh equity shares with a face value of ₹ 5 apiece to its anchor investors at an allocation price of ₹ 102 per share, the company informed BSE through the filing.
Out of the total anchor allocation, 14,70,672 or over 14 lakh shares were allocated to one mutual fund through two schemes.
Taurus Mutual Fund, Meru Investment Fund, Authum Investment and Infrastructure Limited, Universal Sompo General Insurance Company Limited, Zeta Global Funds (OEIC) PCC Limited and certain domestic AIFs were among the anchor investors investing their funds into the public issue.
Taurus Mutual Fund, 16.34%, VPK Global Ventures Fund, 16.34%, and Meru Investment Fund, 13.93%, were the top allocations among the anchor investors a day before the IPO opens for the public bidding round.
As of Monday, 11 August 2025, the grey market premium (GMP) of Regaal Resources IPO stands at ₹ 15 per share. With the upper price band of the public issue at ₹ 102, the stocks of the company are expected to be listed at ₹ 117, with a premium of 14.71%, according to Investogain data.
Grey market premium (GMP) is the investors' willingness to invest their money into a primary issue. The GMP of Regaal Resources IPO dropped to its current level of ₹ 15 per share, from its earlier level of ₹ 22 per share on Sunday, 10 August 2025.
Regaal Resources is offering a book built issue comprising a combination of fresh issues of 2.06 crore equity shares, amounting to ₹ 210 crore, and an offer for sale (OFS) component of 94 lakh equity shares worth ₹ 96 crore.
The company fixed the price band for the public issue in the range of ₹ 96 to ₹ 102 per share, with a lot size of 144 shares per lot. Regaal Resources IPO is scheduled to open for subscription on Tuesday, 12 August 2025, and will close on Thursday, 14 August 2025.
Anil Kishorepuria, Shruti Kishorepuria, Karan Kishorepuria, and BFL Private Limited are the promoter-selling stakeholders in the public issue.
Pantomath Capital Advisors Private Limited and Sumedha Fiscal Services Limited are the public issue's book-running lead managers, while MUFG Intime India Private Limited (Link Intime) is the registrar to the offer.
Mint reported earlier that the company plans to use the proceeds raised from the fresh issue to pay off some outstanding loans secured by the business to the extent of ₹ 159 crore, and the remaining funds will be used for general corporate purposes.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


India.com
10 minutes ago
- India.com
Donald Trump's sanctions working? SBI bans transactions of Nayara Energy with Russian connection due to...
Donald Trump- File image New Delhi: In a significant development amid the US's increasing pressure on India over economic and trade relations with India, the State Bank of India (SBI) has stopped handling Nayara Energy's trade and foreign exchange transactions due to concerns over US and EU sanctions following a recent US tariff hike. Notably, Nayara, formerly Essar Oil, was acquired in 2017 by a Rosneft-led group and operates India's second-largest refinery (20 MTPA) with 8% of national refining capacity and over 6,500 petrol pumps. Why SBI has banned transactions of Nayara Energy? The Russian company Nayara Energy imports crude, refines it into fuels, and sells domestically and overseas. The trade with troubles escalated after the EU's July sanctions package capped Russian crude prices at $47.6 per barrel, making transactions more difficult amid the increasing threats of tariffs from US. Microsoft restores services to Russian oil firm Nayara Energy In another significant update, Tech giant Microsoft informed that services were restored to the Russia-backed oil exploration and marketing company Nayara Energy, two days after Nayara alleged that Microsoft had abruptly cut off access to its data and services. In a statement, the company said it is 'committed to supporting all its customers in India and worldwide and has restored services for Nayara Energy'. 'We are engaged in ongoing discussions with the European Union towards service continuity for the organisation,' said a company. How is Nayara Energy related to Russia? Nayara Energy, which operates fuel retail outlets in India, is primarily owned by Russia's Rosneft, which owns nearly 49 per cent of the company. Trafigura and UCP Investment Group, both foreign companies, jointly own the majority of the remaining stake via an Indian consortium. Earlier this week, Nayara Energy filed a petition in the Delhi High Court, alleging that the US-based technology firm abruptly and unilaterally suspended essential services without notice. (With inputs from agencies)


Economic Times
10 minutes ago
- Economic Times
Hindalco Q1 profit rises 30% as Novelis outlook brightens for H2
The worst is behind for Novelis in several ways, said Satish Pai, managing director of Hindalco Industries. ADVERTISEMENT 'By the second half of this year, you should start to see a very positive turn to Novelis,' he said on Tuesday. Hindalco Industries, which reported its consolidated earnings on Tuesday, saw a 30% jump in its consolidated net profit for the June quarter at Rs 4,004 crore, with consolidated revenue from operations 13% higher at Rs 64,232 crore. Novelis, the wholly-owned US-based subsidiary of the company, reported a 36% fall in its net income for the June quarter at $96 million, while the adjusted EBITDA made on each tonne of aluminium stood at $432, down by 18% on-year. Structurally higher scrap prices negatively impacted performance during the quarter, Novelis said on Monday.'Scrap spreads have started to improve, most particularly in the US. So, we are now hoping, that will get better in the coming quarters,' Pai said on Tuesday. 'The supply of scrap in the US has also gone up, so scrap spreads are no more a headwind, but have started to become a tailwind,' he said on a call after the company's quarterly September and December quarters of the last fiscal were the peak in terms of scrap prices, he said, with prices now turning favourable. ADVERTISEMENT While the June quarter is the 'bottom' in many ways, the September quarter will be similar. 'By Q3, Q4 of this year, you are going to see a much stronger and healthier Novelis,' he said. Earnings in the second half of the year will reflect the impact of mitigation of the spreads, cost reduction programmes and the scrap spreads improving, Pai said. Unlock 500+ Stock Recos on App For its upstream aluminium business in India, Hindalco's earnings before interest, tax, depreciation and amortization (EBITDA) rose 17% on-year to Rs 4,080 crore. The upstream EBITDA per tonne stood at $1,467, up 15% compared to the previous year. In the downstream aluminium business, EBITDA per tonne surged 92% on-year to $264, while EBITDA was at a record high of Rs 229 crore, up 108% on-year. ADVERTISEMENT In the copper business, EBITDA stood at Rs 673 crore, with the sharply declining TC/RCs offset by higher realisation from sulphuric acid, the company said in a statement. At a consolidated level, the company's EBITDA rose 9% on-year to Rs 8,673 reported its earnings during market hours and its shares closed at Rs 666.95 apiece on the BSE, down 0.7% from the previous close. ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel)


Time of India
10 minutes ago
- Time of India
Hindalco Q1 profit rises 30% as Novelis outlook brightens for H2
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The worst is behind for Novelis in several ways, said Satish Pai, managing director of Hindalco Industries 'By the second half of this year, you should start to see a very positive turn to Novelis,' he said on Industries, which reported its consolidated earnings on Tuesday, saw a 30% jump in its consolidated net profit for the June quarter at Rs 4,004 crore, with consolidated revenue from operations 13% higher at Rs 64,232 the wholly-owned US-based subsidiary of the company, reported a 36% fall in its net income for the June quarter at $96 million, while the adjusted EBITDA made on each tonne of aluminium stood at $432, down by 18% on-year. Structurally higher scrap prices negatively impacted performance during the quarter, Novelis said on Monday.'Scrap spreads have started to improve, most particularly in the US. So, we are now hoping, that will get better in the coming quarters,' Pai said on Tuesday. 'The supply of scrap in the US has also gone up, so scrap spreads are no more a headwind, but have started to become a tailwind,' he said on a call after the company's quarterly September and December quarters of the last fiscal were the peak in terms of scrap prices, he said, with prices now turning the June quarter is the 'bottom' in many ways, the September quarter will be similar. 'By Q3, Q4 of this year, you are going to see a much stronger and healthier Novelis,' he said. Earnings in the second half of the year will reflect the impact of mitigation of the spreads, cost reduction programmes and the scrap spreads improving, Pai its upstream aluminium business in India, Hindalco's earnings before interest, tax, depreciation and amortization (EBITDA) rose 17% on-year to Rs 4,080 crore. The upstream EBITDA per tonne stood at $1,467, up 15% compared to the previous year. In the downstream aluminium business, EBITDA per tonne surged 92% on-year to $264, while EBITDA was at a record high of Rs 229 crore, up 108% the copper business, EBITDA stood at Rs 673 crore, with the sharply declining TC/RCs offset by higher realisation from sulphuric acid, the company said in a statement. At a consolidated level, the company's EBITDA rose 9% on-year to Rs 8,673 reported its earnings during market hours and its shares closed at Rs 666.95 apiece on the BSE, down 0.7% from the previous close.