Regaal Resources IPO allotment finalised: How to check status online on MUFG Intime India, NSE, BSE; listing date here

Regaal Resources IPO allotment: The basis of allotment of Regaal Resources Ltd, which is involved in manufacturing corn starch, was finalised on Monday, August 18.

The initial share sale was subscribed a whopping 159.88 times, with bids for 3,35,73,74,544 shares, compared to 2,09,99,664 shares on offer, according to the BSE data.

The non-institutional investors' quota received 356.73 times subscription, while the portion for qualified institutional buyers got subscribed 190.97 times. The retail investors' part attracted 57.75 times subscription.

The Regaal Resources IPO sought to raise ₹306 crore via a fresh issue worth ₹210 crore and an offer for sale of ₹96 crore. It had a price band of ₹96 to ₹102 per share, and a lot consisted of 144 shares.

The fresh issue proceeds will be used to clear outstanding borrowing and for general corporate purposes.

Regaal Resources runs a zero liquid discharge maize milling plant serving clients in food products, animal feed, paper, and adhesive sectors across India and in export markets like Nepal and Bangladesh.

Sumedha Fiscal Services and Pantomath Capital Advisors Pvt Ltd were the issue's book-running lead managers, while MUFG Intime India was the registrar.

Prior to the IPO, the company had secured around ₹92 crore from anchor investors.

Regaal Resources IPO allotment date and time: When and where to check

Regaal Resources IPO allotment status was finalised on Monday, August 18, and the details were available on the websites of NSE, BSE and MUFG Intime India.

Regaal Resources IPO allotment status online on MUFG Intime India: Full steps here

• Go to this URL: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
• Pick 'Regaal Resources Limited' from issue names
• Enter Application No, Account No/IFSC, DP/Client ID, or PAN
• Click on 'Submit'

Steps to check Regaal Resources IPO allotment status online on NSE

• Head to NSE's IPO bid verification link: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Select 'Equity & SME IPO bid details'
• Pick 'Regaal Resources Ltd' with the symbol 'REGAAL'
• Mention the application number and PAN
• Press 'Submit'

How to check Regaal Resources IPO allotment status online on BSE

• Go to BSE's IPO status page: https://bseindia.com/investors/appli_check.aspx
• Keep issue type as 'Equity'
• Select 'Regaal Resources' from IPO names
• Mention either your application number or PAN card details
• Click on 'Search'

When will Regaal Resources IPO shares be listed?

Shares of Regaal Resources Ltd will be listed in the secondary market – BSE and the NSE – on August 20.