Latest news with #RegaalResourcesLimited
Mint
4 days ago
- Business
- Mint
Regaal Resources IPO day 3 Live: GMP jumps! Subscription status, review, allotment date, other details. Apply or not?
Regaal Resources IPO day 3 Live: The Initial Public Offering (IPO) of Regaal Resources Limited hit the Indian primary market on 12 August 2025 and will remain open until 14 August 2025. This means investors have just one day to apply for the public issue. The company has declared the Regaal Resources IPO price band at ₹ 96 to ₹ 102 per equity share. The company aims to raise ₹ 306 crore, out of which ₹ 210 crore is aimed through the issuance of fresh shares. The remaining ₹ 96 crore is reserved for the offer for sale (OFS) route. Meanwhile, company shares are at a substantial premium in the grey market. According to market observers, Regaal Resources shares are available at a premium of ₹ 31 in the grey market today, which is ₹ 7 higher than Regaal Resources' IPO GMP of ₹ 24 on Tuesday. Regaal Resources GMP today is ₹ 31, ₹ 22 on the Regaal Resources IPO subscription opening date. Market observers believe the rise in Regaal Resources IPO GMP can be attributed to the strong Regaal Resources IPO subscription status and optimism of trend reversal in the Indian secondary market. By 5 PM on day 2 of bidding, the public issue had been subscribed to 26.40 times, the retail portion 21.85 times, the NII portion 67.76 times, and the QIB segment 3.36 times. Marwadi Shares and Finance has assigned a 'subscribe' tag to the public issue, saying, "We assign a 'Subscribe (With Caution)' rating to this IPO as the company has demonstrated healthy growth in recent years and has a diversified portfolio of products catering to a wide range of industries, positioning it well to capitalise on favorable industry trends. However, negative cash flows in recent fiscals make us cautious from a long-term perspective." BP Equities has also given the public issue a 'buy' tag, saying, "On the upper price band, the issue is valued at a P/E of 16.9x based on FY25 earnings, which seems fairly valued. We, thus, recommend a "SUBSCRIBE" rating for this issue." Apart from these brokerages, Adroit Financial Services, Lakshmishree Investment, Anand Rathi, BNK Securities, Canara Bank Securities, Reliance Securities, Ventura Securities, SMIF, and Swastika Investmart have also assigned a 'subscribe' tag to Regaal Resources IPO. The most likely Regaal Resources IPO allotment date is 18 August 2025 and the most likely Regaal Resources IPO listing date is 20 August 2025 Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
6 days ago
- Business
- Mint
Regaal Resources IPO day 1: GMP, subscription status, review, other details. Good or bad bet for investors?
Regaal Resources IPO day 1: The Initial Public Offering (IPO) of Regaal Resources Limited has hit the Indian primary market today and will remain open until 14 August 2025. The company has declared the Regaal Resources IPO price band at ₹ 96 to ₹ 102 per equity share. The company aims to raise ₹ 306 crore, out of which ₹ 210 crore is aimed through the issuance of fresh shares. The remaining ₹ 96 crore is reserved for the offer for sale (OFS) route. Meanwhile, company shares are available in the grey market ahead of the Regaal Resources IPO subscription opening date. According to market observers, Regaal Resources shares are available at a premium of ₹ 22 in the grey market today. Bidding for the Regaal Resources IPO will begin today at 10:00 AM. From 12 to 14 August 2025, bidders will be able to apply for the fresh issue-cum offer for sale from 10:00 AM to 5:00 PM. 1] Regaal Resources IPO GMP today: According to market observers, Regaal Resources shares are available at a premium of ₹ 22 in the grey market today. 2] Regaal Resources IPO price: The company has declared the Regaal Resources IPO price band at ₹ 96 to ₹ 102 per equity share. 3] Regaal Resources IPO date: Bidding for the public issue has opened today and will remain open until 14 August 2025. 4] Regaal Resources IPO size: The company aims to raise ₹ 306 crore, of which ₹ 210 crore will be raised through fresh shares. The rest, ₹ 96 crore, is reserved for the offer for sale (OFS) route. 5] Regaal Resources IPO lot size: A bidder can apply in lots, and one lot of the mainboard IPO comprises 144 company shares. 6] Regaal Resources IPO allotment date: The most likely date for share allocation is 18 August 2025. 7] Regaal Resources IPO registrar: MUFG Intime India Private Limited has been appointed the official registrar of the public issue. 8] Regaal Resources IPO lead managers: Pantomath Capital Advisors and Sumedha Fiscal Services have appointed mainboard IPO lead managers. 9] Regaal Resources IPO listing date: The most likely date for share listing is 20 August 2025, as one stock market holiday will fall on 15 August 2025. 10] Regaal Resources IPO review: Assigning a 'subscribe' tag to the public issue, Anshul Jain, Head of Research at Lakshmishree Investment, said, "Strategically located in the maize belt of Bihar and West Bengal, the company benefits from year-round raw material availability at 6–7% lower cost through direct farmer procurement. This cost leadership translates into superior margins versus peers. With a strong revenue CAGR of 37% in FY23–25, Regaal is set to double capacity from 750 TPD to 1,650 TPD, diversify into high-margin modified starches, maltodextrin, and liquid glucose, and reduce high-cost debt using IPO proceeds. Government incentives, such as a 100% interest subsidy and SGST exemption, further enhance profitability. Risks include current high leverage (Debt-Equity ~2.1x) and dependence on maize, which is exposed to commodity and weather risks. Given its location advantage, expansion plans, and margin-accretive product mix, we recommend subscribing for the Long Term." Anand Rathi has also assigned a 'subscribe' tag to the public issue, saying, "On the valuation front, based on annualised FY25 earnings, the company is seeking a P/E of 21.9 times, and a post-issue market capitalisation of approximately ₹ 10,477 million, making the issue appear fully priced. We believe it has a capital-intensive nature of operations, exposure to Agri cycles, and limited pricing power in a commoditised market. However, its strategic location, diversified customer base, and expanding footprint support long-term scalability. Thus, we assign SUBSCRIBE for LONG TERM rating for this issue." In addition to these brokerages, Arihant Capital Markets, BNK Securities, BP Equities, Canara Bank Securities, Reliance Securities, SMIF, Swastika Investmart, and Venture Securities have also assigned a 'subscribe' tag to Regaal Resources IPO. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Time of India
07-08-2025
- Business
- Time of India
Regaal Resources IPO: Company sets price band for Rs 306 crore issue at Rs 96-102 per share
Regaal Resources Limited has fixed the price band for its upcoming initial public offering (IPO) at Rs 96 - Rs 102 per equity share. The Rs 306 crore book-building IPO is set to go live on August 12. Retail investors can bid for a minimum of 144 equity shares and in multiples thereafter, till the closure of the bidding window on August 14. About Regaal Resources IPO Regaal Resources IPO is a mix of a fresh issue of up to Rs 210 crore and an offer for sale (OFS) of up to 94,12,000 equity shares by promoters and promoter group selling shareholders. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Use an AI Writing Tool That Actually Understands Your Voice Grammarly Install Now Undo The offer is being made through the book-building process, where up to 50% of the offer will be available for allocation to qualified institutional buyers (QIBs), up to 15% for allocation to non-institutional investors (NIIs) and up to 35% of the offer to the retail individual investors (RIIs). Regaal Resources IPO proceeds The proceeds from the fresh issue to the extent of Rs 159 crore will be utilised for repayment or pre-payment of the company's borrowings. About Regaal Resources The Kolkata-headquartered Regaal Resources is one of the largest manufacturers of maize-based speciality products in India, in terms of crushing capacity, with a total installed crushing capacity of 750 tonnes per day (TPD), according to the F&S report. Live Events It manufactures native maize starch and modified starch, a plant-based natural starch that is produced from maize. The co-products include gluten, germ, enriched fibre and fibre and value-added products include food grade starches such as maize flour, icing sugar, custard powder and baking powder. It caters to domestic and international customers across diverse industries, including food products, paper, animal feed, and adhesives. Regaal Resources' business model is structured around catering to 3 broad segments of customers, viz. manufacturers of end products, manufacturers of intermediate products and distributors/wholesale traders. It has a manufacturing plant with zero liquid discharge (ZLD) maize milling plant (Manufacturing Facility) located in Kishanganj, Bihar, with key export markets, i.e. Nepal and Bangladesh. The company's prominent customers include Emami Paper Mills Limited, Manioca Food Products Private Limited, Century Pulp & Paper, Kush Proteins Private Limited, Shri Guru Oil Industries, Mayank Cattle Food Limited, Aarnav Sales Corporation, AMV Sales Corporation, Eco Tech Papers, Genus Paper Board Private Limited, Krishna Tissues Private Limited, Maruti Papers Private Limited, and M/s Vasu and Sons. Regaal Resources financials Regaal Resources' revenue from operations increased by 52.52% from Rs 600.02 crore in fiscal 2024 to Rs 915.16 crore in fiscal 2025 primarily on account of an increase in sale of manufactured goods and traded goods a. Profit after tax (PAT) for the year surged by 115.28% from Rs 22.14 crore in fiscal 2024 to Rs 47.67 crore to fiscal 2025. Also read: TPG-backed SK Finance set to launch Rs 1,600 crore IPO next week: Report Regaal Resources IPO lead managers Pantomath Capital Advisors Private Limited and Sumedha Fiscal Services Limited are the book-running lead managers, and MUFG Intime India Private Limited is the registrar of the issue.
Economic Times
07-08-2025
- Business
- Economic Times
Regaal Resources IPO: Company sets price band for Rs 306 crore issue at Rs 96-102 per share
Regaal Resources Limited has fixed the price band for its upcoming initial public offering (IPO) at Rs 96 - Rs 102 per equity share. The Rs 306 crore book-building IPO is set to go live on August 12. Retail investors can bid for a minimum of 144 equity shares and in multiples thereafter, till the closure of the bidding window on August 14. ADVERTISEMENT Regaal Resources IPO is a mix of a fresh issue of up to Rs 210 crore and an offer for sale (OFS) of up to 94,12,000 equity shares by promoters and promoter group selling shareholders. The offer is being made through the book-building process, where up to 50% of the offer will be available for allocation to qualified institutional buyers (QIBs), up to 15% for allocation to non-institutional investors (NIIs) and up to 35% of the offer to the retail individual investors (RIIs). The proceeds from the fresh issue to the extent of Rs 159 crore will be utilised for repayment or pre-payment of the company's Kolkata-headquartered Regaal Resources is one of the largest manufacturers of maize-based speciality products in India, in terms of crushing capacity, with a total installed crushing capacity of 750 tonnes per day (TPD), according to the F&S report. It manufactures native maize starch and modified starch, a plant-based natural starch that is produced from maize. The co-products include gluten, germ, enriched fibre and fibre and value-added products include food grade starches such as maize flour, icing sugar, custard powder and baking powder. ADVERTISEMENT It caters to domestic and international customers across diverse industries, including food products, paper, animal feed, and adhesives. Regaal Resources' business model is structured around catering to 3 broad segments of customers, viz. manufacturers of end products, manufacturers of intermediate products and distributors/wholesale traders. ADVERTISEMENT It has a manufacturing plant with zero liquid discharge (ZLD) maize milling plant (Manufacturing Facility) located in Kishanganj, Bihar, with key export markets, i.e. Nepal and company's prominent customers include Emami Paper Mills Limited, Manioca Food Products Private Limited, Century Pulp & Paper, Kush Proteins Private Limited, Shri Guru Oil Industries, Mayank Cattle Food Limited, Aarnav Sales Corporation, AMV Sales Corporation, Eco Tech Papers, Genus Paper Board Private Limited, Krishna Tissues Private Limited, Maruti Papers Private Limited, and M/s Vasu and Sons. ADVERTISEMENT Regaal Resources' revenue from operations increased by 52.52% from Rs 600.02 crore in fiscal 2024 to Rs 915.16 crore in fiscal 2025 primarily on account of an increase in sale of manufactured goods and traded goods a. Profit after tax (PAT) for the year surged by 115.28% from Rs 22.14 crore in fiscal 2024 to Rs 47.67 crore to fiscal 2025. Also read: TPG-backed SK Finance set to launch Rs 1,600 crore IPO next week: Report ADVERTISEMENT Pantomath Capital Advisors Private Limited and Sumedha Fiscal Services Limited are the book-running lead managers, and MUFG Intime India Private Limited is the registrar of the issue. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Time) (You can now subscribe to our ETMarkets WhatsApp channel)
