
Regaal Resources Limited IPO
The Regaal Resources Limited IPO is a bookbuilt issue of ₹306 crores. The IPO will be a combination of 2.06 crore fresh equity shares worth ₹210 crores and 0.94 crore offer-for-sale shares worth ₹96 crores. The IPO opens for subscription on 12th August, 2025 and will be closed by 14th August, 2025. Allotment of the issue will be completed on 18th August 2025 with the shares likely to be listed on the NSE and BSE platforms on 20th August 2025. Any applicant, including a retail investor, can apply for a lot size of 114 shares of ₹13,824. sNIIs can apply for 2,016 shares of ₹2,05,632 and bNIIs for 9,936 shares worth ₹10,13,472.
Company Background
Regaal Resources was established in 2016 with the idea of establishing Bihar’s first corn wet milling plant and soon the company was producing at 180 metric tons per day. The company thrives by providing high-quality products with excellence, it promotes innovation while also catering to sustainable means of production. Regaal provides services to various industries and has a clear goal to establish itself as the leading agro-processing corporation in India.
Operations & Product Range
Facility and Services
Regaal’s manufacturing unit is located in Bihar, spread across 50 acres of area. In 2018, when it started commercial production, the unit supported 180 metric tons per day of production and now it can support about 750 metric tons per day of production, which has helped in positioning the company to own the second largest corn well milling units in the eastern region of India. Regaal Resources provides products that cater to industries like food, paper, textiles, pharmaceuticals and animal feed. The company provides products like native maize starch, modified starch, food grade products and many more.
Brands and Market Presence
The company has a well-established presence in the agricultural industry with a strong regional foothold in Bihar. Regaal offers its vast product portfolio to various industries to cater to its clientele, including Emami Paper Mills Limited, Manioca Food Products Private Limited, Century Pulp & Paper, Maruti Papers Limited and multiple others. It also exports the company’s products to regions like Nepal and Bangladesh, creating a reputable image in international markets as well. Regaal has a strong foothold in the agro-processing market by providing comprehensive maize starch-related products with a strong focus on quality and sustainability.
Revenue Channels
Regaal gains its revenue from various channels but the primary source of the company's revenue is through its core business segment of native maize starch. Almost 59.3% of the company’s revenue is generated through the supply of native maize starch to various sectors like food, paper, textiles, etc. The company also generates revenue through sales of its other products like fibre germ, maize steep liquor and maize gluten, which constitute about 21.8% of the total revenue. Traded Maize products and Value-added products provide a combined 18.4% input in the revenue. Modified starch products like yellow dextrin, oxidized starch and white dextrin constitute 0.5% in the total revenue.
Management & Shareholding
Promoters and Shareholders
The Regaal Resources Limited IPO is promoted by Anil Kishorepuria, Shruti Kishorepuria, Karan Kishorepuria and BFL Private Limited. The promoter group holds about 85-90% of the company’s shares, and this percentage is expected to go through a dilution after its IPO listing on 12th August.
Board Members
The board group of the company comprises various members with managerial and industrial expertise such as Anil Kishorepuria, the Chairman and Managing Director of Regaal, Karan Kishorepuria who is the Whole-time Director, Dinabandhu Mohapatra, Sheetal Jhunjhunwala & Rajesh Raghunath Pednekar who are the Independent Directors at Regaal and Munish Jhajharia, the Non-Executive Director of the company.

WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Regaal Resources Limited IPO
GMP Date | IPO Price | GMP | Last Updated |
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- | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Regaal Resources Limited IPO Details
Detail | Description |
---|---|
IPO Date | August 12, 2025 to August 14, 2025 |
Listing Date | - |
Face Value | ₹5 per share |
Issue Price Band | ₹96 to ₹102 per share |
Lot Size | 144 Shares |
Sale Type | Fresh Capital-cum-Offer for Sale |
Total Issue Size | 3,00,00,235 shares (aggregating up to ₹306.00 Cr) |
Fresh Issue | 2,05,88,235 shares (aggregating up to ₹210.00 Cr) |
Offer for Sale | 94,12,000 shares of ₹5 (aggregating up to ₹96.00 Cr) |
Issue Type | Bookbuilding IPO |
Listing At | BSE, NSE |
Share Holding Pre Issue | 8,21,35,940 shares |
Share Holding Post Issue | 10,27,24,175 shares |
Regaal Resources Limited IPO Timeline
Detail | Description |
---|---|
IPO Open Date | Tue, Aug 12, 2025 |
IPO Close Date | Thu, Aug 14, 2025 |
Tentative Allotment | Mon, Aug 18, 2025 |
Initiation of Refunds | Tue, Aug 19, 2025 |
Credit of Shares to Demat | Tue, Aug 19, 2025 |
Tentative Listing Date | Wed, Aug 20, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on August 14, 2025 |
Regaal Resources Limited IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 144 | ₹14,688 |
Retail (Max) | 13 | 1,872 | ₹1,90,944 |
S-HNI (Min) | 14 | 2,016 | ₹2,05,632 |
S-HNI (Max) | 68 | 9,792 | ₹9,98,784 |
B-HNI (Min) | 69 | 9,936 | ₹10,13,472 |
Regaal Resources Limited IPO Promoter Holding
Share Holding Pre Issue | Share Holding Post Issue |
---|---|
Share Holding Pre Issue | 99.56% |
Share Holding Post Issue | - |
Competitive Strength:
- 1. Regaal has its manufacturing unit located near markets that support easy access to raw material and product supply.
- 2. The company caters to a vast array of industries through its wide product portfolio of native maize starch and other related products.
- 3. It delivers to a wide network of consumers domestically and internationally to countries like Nepal and Bangladesh.
- 4. Regaal Resources is guided by an experienced team of managerial experts who help the company achieve great heights.
Regaal Resources Limited IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
31 Mar 2025 | 860.27 | 917.58 | 47.67 | 235.41 | 507.05 | |||||||||||||||||||||||||||||||||||
31 Mar 2024 | 586 | 601 | 22 | 127 | 357.21 | |||||||||||||||||||||||||||||||||||
31 Mar 2023 | 371.52 | 488.67 | 16.76 | 104.41 | 188.93 | |||||||||||||||||||||||||||||||||||
Amount in ₹ Crore |
Key Performance Indicator
KPI | Values |
---|---|
ROE | 20.25% |
ROCE | 14.17% |
Debt/Equity | 2.08 |
RoNW | 20.25% |
PAT Margin | 5.19% |
EBITDA Margin | 12.32% |
Price to Book Value | 6.18 |
Pre IPO | Post IPO | |
---|---|---|
EPS (Rs) | 5.8 | 5 |
P/E (x) | 17.58 | 22 |
Objectives of Regaal Resources Limited IPO
The proceeds obtained from the IPO listing will be utilized for debt repayment of certain borrowings availed by the company and to support general corporate functioning.
Conclusion
Regaal Resources Limited IPO is a chance for investors looking to step into the agricultural market of India. The company’s vast product portfolios of native maize starch and related products, supported by its strategic growth plans, provide credibility to its operations. Regaal currently operates the second-largest corn wet milling units in eastern India. The upcoming Regaal Resources Limited IPO will help set the tone for the future plans of the corporation.
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Frequently asked Questions (FAQs )
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1. What is the issue size of the Regaal Resources Limited IPO?
The Regaal Resources IPO is a bookbuilt issue of ₹306 crores.
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2. What is the IPO shareholding pattern post-IPO?
The promoter group holds about 85-90% of the company’s shares; this percentage is expected to go through a dilution after its IPO listing.
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3. When will the allotment and listing happen?
Allotment of the issue will be completed on 18th August, 2025 with the shares likely to be listed on the NSE and BSE platforms on 20th August 2025.
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4. Who are the lead managers and registrars of the issue?
The lead manager and registrar for the issue are Pantomath Capital Advisors Pvt Ltd and MUFG Intime India Private Limited (Link Intime), respectively.