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Mint
2 days ago
- Business
- Mint
Regaal Resources IPO: Kolkata-based agribusiness firm raises ₹91.7 crore from anchor investors ahead of public issue
Regaal Resources IPO: Kolkata-based agro-processing firm, Regaal Resources, completed its anchor investor round on Monday, 11 August 2025. The company raised more than ₹ 91.7 crore from anchor investors ahead of its initial public offering (IPO). 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.
Mint
2 days ago
- Business
- Mint
Regaal Resources IPO: Kolkata-based agribusiness firm raises ₹91.7 crore from anchor investors ahead of public issue
Regaal Resources IPO: Kolkata-based agro-processing firm, Regaal Resources, completed its anchor investor round on Monday, 11 August 2025. The company raised more than ₹ 91.7 crore from anchor investors ahead of its initial public offering (IPO). 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. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
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Business Standard
2 days ago
- Business
- Business Standard
Regaal Resources mobilises ₹92 cr from anchor investors ahead of IPO
Regaal Resources Ltd, one of India's largest maize-based specialty product manufacturers, on Monday mobilised around ₹ 92 crore from anchor investors, a day before its initial public offering (IPO) opening for subscription. The institutional investors who participated in the anchor round included Taurus Mutual Fund, VPK Global Ventures Fund, Meru Investment Fund PCC-Cell 1, Benami Capital, Sunrise Investment Opportunities Fund, Authum Investment and Infrastructure Fund and Holani Venture Capital Fund, according to a circular uploaded on BSE's website. As per the circular, the company has allotted over 8.9 million equity shares to these investors at ₹ 102 apiece, aggregating the fund raising to ₹ 91.79 crore. To support the expansion and debt repayment, the Kolkata-headquartered company will launch its IPO on August 12, which will close on August price band has been fixed at ₹ 96-102 per share. The IPO comprises a fresh issue of shares worth ₹ 210 crore and an offer-for-sale of 9.4 million shares valued ₹ 96 crore by promoters, at the upper end of the price band. This aggregates the issue size to ₹ 306 crore. Post-issue, the promoters' stake will reduce to about 71 per cent from 100 per cent. Of the fresh issue proceeds, ₹159 crore will go towards repayment or pre-payment of certain borrowings. Regaal Resources operates a zero liquid discharge maize milling facility catering to customers in food products, paper, animal feed and adhesives across India, and in export markets such as Nepal and Bangladesh. As of March 2025, the company's total debt stood at ₹ 570 crore. The company reported a 52.5 per cent jump in revenue to ₹ 915.16 crore in FY25 from ₹ 600.02 crore in FY24, while profit after tax more than doubled to ₹ 47.67 crore from ₹ 22.14 crore. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Economic Times
2 days ago
- Business
- Economic Times
Regaal Resources raises Rs 92 crore from anchor investors ahead of IPO
Regaal Resources raised ₹92 crore from anchor investors before its ₹306 crore IPO, opening Tuesday. The Bihar-based maize products maker allotted shares to domestic and overseas institutions at ₹102 each. Listing is set for August 20. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Regaal Resources has mobilised Rs 92 crore from anchor investors ahead of its IPO, which opens for public subscription on Tuesday. The Kolkata-based maize-based specialty products manufacturer informed the exchanges on Monday that it allotted 89,99,856 equity shares at Rs 102 apiece, including a share premium of Rs 97, to a clutch of institutional anchor book saw participation from a diverse mix of domestic and overseas institutions, including Taurus Mutual Fund, Meru Investment Fund, Authum Investment and Infrastructure, Universal Sompo General Insurance, Zeta Global Funds (OEIC) PCC, and several domestic alternative investment funds (AIFs).Regaal Resources operates from Kishanganj, Bihar, one of India's top three maize-growing states, and is among the country's top 10 maize milling companies by capacity, with an installed crushing capacity of 750 tonnes per portfolio includes native maize starch, modified starch, co-products such as gluten, and value-added products like maize flour, icing sugar, and baking Rs 306 crore IPO comprises a fresh issue and an offer for sale, with a price band set at Rs 96–102 per can bid for a minimum lot of 144 shares. Of the total issue, up to 50% is reserved for qualified institutional buyers (QIBs), 35% for retail investors, and 15% for non-institutional investors (NIIs).The subscription window will close on Thursday. Tentative allotment is scheduled for August 18, with refunds and credit of shares to demat accounts on August 19. The stock is expected to list on both BSE and NSE on August 20. Pantomath Capital Advisors and Sumedha Fiscal Services are acting as the book-running lead managers to the issue.
Time of India
2 days ago
- Business
- Time of India
Regaal Resources raises Rs 92 crore from anchor investors ahead of IPO
Regaal Resources has mobilised Rs 92 crore from anchor investors ahead of its IPO, which opens for public subscription on Tuesday. The Kolkata-based maize-based specialty products manufacturer informed the exchanges on Monday that it allotted 89,99,856 equity shares at Rs 102 apiece, including a share premium of Rs 97, to a clutch of institutional investors. The anchor book saw participation from a diverse mix of domestic and overseas institutions, including Taurus Mutual Fund, Meru Investment Fund, Authum Investment and Infrastructure, Universal Sompo General Insurance, Zeta Global Funds (OEIC) PCC, and several domestic alternative investment funds (AIFs). Regaal Resources operates from Kishanganj, Bihar, one of India's top three maize-growing states, and is among the country's top 10 maize milling companies by capacity, with an installed crushing capacity of 750 tonnes per day. Its portfolio includes native maize starch, modified starch, co-products such as gluten, and value-added products like maize flour, icing sugar, and baking powder. The Rs 306 crore IPO comprises a fresh issue and an offer for sale, with a price band set at Rs 96–102 per share. Investors can bid for a minimum lot of 144 shares. Of the total issue, up to 50% is reserved for qualified institutional buyers (QIBs), 35% for retail investors, and 15% for non-institutional investors (NIIs). The subscription window will close on Thursday. Tentative allotment is scheduled for August 18, with refunds and credit of shares to demat accounts on August 19. The stock is expected to list on both BSE and NSE on August 20. Pantomath Capital Advisors and Sumedha Fiscal Services are acting as the book-running lead managers to the issue.
