Regaal Resources, whose IPO was subscribed nearly 160 times, set to post Q1 results; shares down

"A meeting of the Board of Directors of the company is scheduled to be held on Tuesday, the 9th day of September, 2025, to inter-alia consider and approve the unaudited financial results of the company for the quarter ended June 30, 2025," the company said in an exchange filing.

For the designated persons, their immediate relatives and insiders, the trading window will be closed till the end of 48 hours from the date of declaration of the Q1 financial results.

Regaal Resources share price

The stock is down 0.48% to ₹110.05 apiece on the National Stock Exchange (NSE) at 12:21 pm. It is currently up 7.89% over the IPO issue price of ₹102 per share.

The scrip debuted at ₹141 on the NSE on August 20, reflecting a premium of 38.24% from the issue price.

The initial public offering secured bids for 3,35,73,74,544 shares, translating to 159.88 times subscription as against 2,09,99,664 shares reserved, as per the consolidated data on the NSE website.

Non-institutional investors' (NIIs) part was subscribed 356.73 times, while the portion for qualified institutional buyers (QIBs) received 190.97 times subscription. The retail investors' category attracted 57.75 times subscription.

The objects of the issue were to clear outstanding borrowings and serve corporate general purposes.

Before the IPO, the firm had mobilised ₹91.79 crore from anchor investors, including Taurus Mutual Fund, Benami Capital, VPK Global Ventures Fund, Meru Investment Fund PCC-Cell 1, Sunrise Investment Opportunities Fund, Authum Investment and Infrastructure Fund, and Holani Venture Capital Fund.