Regaal Resources IPO booked 4.27 times so far on opening day; check lot size and key details

Regaal Resources IPO: The initial public offering of Regaal Resources Ltd, which is among India’s largest maize-based speciality product manufacturers, has been booked more than four times on opening day on Tuesday, August 12.

The issue has been booked 4.27 times so far on day 1, with bids for 8,96,45,760 shares compared to 2,09,99,664 shares on offer, according to the data on the NSE website until 2:47 pm.

The ₹360 crore initial public offering, with a price band of ₹96 to ₹102 per share, consists of new equity shares valued at ₹210 crore and an offer-for-sale (OFS) component of 94.12 lakh shares aggregating to ₹96 crore by promoters Anil Kishorepuria, Shruti Kishorepuria, SRM Private Limited, and BFL Private Limited.

Of the fresh issue proceeds, funds to the tune of ₹159 crore will go towards debt repayment or prepayment of certain borrowings.

Regaal Resources IPO lot size

A lot consists of 144 shares and in multiples thereafter. Half of the offer has been kept aside for qualified institutional buyers, 15% for non-institutional investors, and 35% for retail investors.

Regaal Resources IPO time: Allotment and listing dates

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

Regaal Resources runs a zero liquid discharge maize milling plant catering to customers in food products, animal feed, paper, and adhesives across India and in export markets such as Bangladesh and Nepal.

As of March 2025, the company's total debt stood at ₹570 crore.

The company posted a 52.5% jump in its revenue from operations to ₹915.16 crore in FY25 from ₹600.02 crore in FY24, while net profit more than doubled to ₹47.67 crore vs ₹22.14 crore a year back.

Regaal Resources IPO GMP