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Regaal Resources IPO Day 1 Live: Check GMP, review, subscription status, key dates, more
Regaal Resources IPO Day 1 Live: Check GMP, review, subscription status, key dates, more

Mint

time2 days ago

  • Business
  • Mint

Regaal Resources IPO Day 1 Live: Check GMP, review, subscription status, key dates, more

Regaal Resources IPO Day 1 Live: The public subscription for the initial share sale of Agro-based firm Regaal Resources Ltd is set to take place from August 12 to August 14. Regaal Resources IPO price band has been established at ₹ 96-102 per share. Regaal Resources IPO consists of a fresh share issue valued at ₹ 210 crore and a sell-off of 94.12 lakh shares worth ₹ 96 crore by promoters, based on the upper limit of the price band. This brings the total issue size to ₹ 306 crore. The proceeds from the fresh issue, amounting to ₹ 159 crore, will be allocated to debt repayment, with the remainder designated for general corporate needs. Regaal Resources is among the manufacturers of maize-based starch, specialty starches, food-grade starches, and starch derivative products in India, boasting an installed crushing capacity of 750 tonnes per day. The company saw its revenue from operations rise by 52.52 percent to ₹ 915.16 crore in fiscal 2025, up from ₹ 600.02 crore in the previous fiscal year, while its net profit surged more than twofold to ₹ 47.67 crore from ₹ 22.14 crore over the same timeframe. Pantomath Capital Advisors and Sumedha Fiscal Services serve as the book-running lead managers, with Link Intime India acting as the issue's registrar. (Stay tuned for more updates) Follow updates here: 12 Aug 2025, 09:15 AM IST Regaal Resources IPO GMP today is +23. This indicates Regaal Resources share price were trading at a premium of ₹ 23 in the grey market, according to Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Regaal Resources share price was indicated at ₹ 125 apiece, which is 22.55% higher than the IPO price of ₹ 102. 'Grey market premium' indicates investors' readiness to pay more than the issue price. Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision.

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