Regaal Resources Share Price Jumps 39% on Listing; IPO Investors Earn Over ₹20,000 Per Lot

Mumbai | August 20 – Shares of Regaal Resources Ltd made a robust debut on Wednesday, listing at a sharp premium over the issue price following strong demand during its initial public offering (IPO).

On the National Stock Exchange (NSE), Regaal Resources share price opened at ₹141, a gain of 38.24% from the IPO issue price of ₹102. On the BSE, the stock listed at ₹141.80, reflecting a 39.02% premium.

Regaal IPO Listing Gains for Investors

The Regaal Resources IPO lot size was 144 shares. Investors who received allotment earned ₹20,304 profit per lot on listing. High-net-worth investors who bagged multiple lots made up to ₹80,000 in gains.

The bumper debut was well above the Regaal IPO GMP (grey market premium) of ₹30–32, which had suggested a 30% listing premium. Instead, the stock delivered nearly 39% listing gains.

Listing Gains for Investors

With a lot size of 144 shares, investors who received an allotment in the Regaal Resources IPO made a profit of ₹20,304 per lot at the listing price. Larger allottees booked proportionately higher gains, with high-net-worth investors seeing profits of more than ₹80,000.

The debut was stronger than indicated by the Regaal IPO grey market premium (GMP), which had suggested gains of about 30%. The stock instead opened nearly 39% higher.

Regaal IPO Subscription

The ₹306 crore public issue was subscribed 159.88 times, with strong interest across investor categories:

• Qualified Institutional Buyers (QIBs): 190.97 times
• Non-Institutional Investors (NIIs): 356.73 times
• Retail Investors: 57.75 times

The issue drew bids for 3.35 billion shares, far exceeding the 2.09 crore shares available.

Company Overview

Incorporated in 2012, Regaal Resources manufactures maize-based specialty products. It operates one of the largest maize wet milling plants in eastern India with a crushing capacity of 750 tonnes per day, catering to food, paper, animal feed and adhesive industries.

The company supplies to more than 260 customers, including Emami Paper Mills, Century Pulp & Paper, Krishna Tissues, and also exports to Nepal and Bangladesh.

For FY25, Regaal Resources reported a net profit of ₹47.67 crore on revenues of ₹917.58 crore, compared to a profit of ₹22.14 crore on revenues of ₹601.08 crore in FY24.

IPO Details and Fund Utilisation

The IPO comprised a fresh issue worth ₹210 crore and an offer for sale (OFS) of ₹96 crore by the promoters. Following the issue, promoter holding fell from 100% to about 71%.

The company has earmarked proceeds from the fresh issue primarily for debt repayment and general corporate purposes.

Ahead of the issue, ₹91.8 crore was raised from anchor investors including Taurus Mutual Fund, Meru Investment Fund, VPK Global Ventures, Sunrise Investment Opportunities Fund and others.