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)
