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New Delhi: The Initial Public Offer (IPO) of Agro-based company Regaal Resources Ltd will open for public subscription on August 12 and close on August 14, 2025. The company has fixed a price band of Rs 96-102 per share for its upcoming Rs 306-crore IPO.
The IPO of the Kolkata-based company is a bookbuilding of Rs 306 crores and comprises a fresh issue of shares worth Rs 210 crore and an offer-for-sale of 94.12 lakh shares.
In its draft papers filed with Securities and Exchange Board of India (SEBI), the company mentioned that the proceeds from the fresh issue to the tune of Rs 159 crore will be utilised for payment of debt and the remaining funds for general corporate purposes.
The retail investors interested in Regaal Resources IPO are required to bid for a minimum lot size of 144 shares, for which Rs 13,824 investment is required. The investors applying in the NII category are mandated to bid for 14 lots for which Rs 2,05,632 investment is required. The bNII portion applicants will have to bid for 69 lots.
Regaal Resources IPO allotment is expected to take place on August 18, 2025, while the initiation of refunds process is likely to kickstart on 19th August. The shares will be credited to the demat accounts of eligible shareholders on August 19. The shares will list on BSE and NSE with a tentative date as August 20.
Book-running lead managers of Regaal Resources IPO: Sumedha Fiscal Services and Pantomath Capital Advisors. Link Intime India is the registrar of the issue.
Regaal Resources is engaged in the business of food-grade starches, maize-based starch, specialty starches, and starch derivative products. The firm has an installed crushing capacity of 750 tonnes per day.
In 2024-25, the company mentioned that its revenue from operations surged 52.52 per cent to Rs 915.16 crore, while it stood at Rs 600.02 crore in 2023-24. The profit after tax more than doubled to Rs 47.67 crore from Rs 22.14 crore in the previous fiscal.
(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold and crypto assets.)
