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Regaal Resources IPO
Price Band
₹96.0–102.0
Issue Size
₹306.0 Cr
Lot Size
144 shares
Min Investment
₹14,688
GMP
+₹31.0 (30.39%)
Issue Price
₹102.0
Subject to Sauda
₹3400
Paid only if allotted
Regaal Resources IPO AI Summary
- Regaal Resources IPO is listed on BSE, NSE in the Other Agricultural Products sector.
- Price band: ₹96.0–₹102.0 per share, lot size 144 shares (min. investment ₹14,688).
- Subscription window: 12 Aug–14 Aug 2025, listing on 20 Aug 2025.
- Current GMP is +₹31.0 (30.39%), an estimated listing price of ₹133 — unofficial and can change daily.
Regaal Resources Limited is an established player in the maize specialty products sector with a strong growth trajectory in revenue and profitability. The IPO aims to raise ₹306 Cr, with proceeds allocated for debt repayment and corporate purposes. Investors should consider the associated risks and market conditions before participating.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Regaal Resources IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 14 Aug 2025 — not a current signal.
2 of 2 reviewers say Neutral
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Regaal Resources IPO Grey Market Premium (GMP) Today
GMP
+₹31.0
GMP %
+30.39%
Est. Listing
₹133.0
Updated: 25 Jul 2026 14:13
About the Company
Incorporated in 2012, Regal Resources Limited manufactures maize specialty products in India, with a crushing capacity of 750 tonnes per day. The company manufactures the following products:- Maize starch and modified starch – a natural plant-based starch from maize. Co-products –include gluten, germ, enriched fiber and fibre; and Food grade starches: maize flour, icing sugar, custard powder, baking powder. The manufacturing unit is located in Kishanganj, Bihar, spanning 54.03 acres with zero liquid discharge. The company exports its products to Nepal and Bangladesh. The company caters to domestic and international customers across diverse industries including food products, paper, animal feed, and adhesives. The company's model caters to three customer segments: End product manufacturers, Intermediate product manufacturers and Distributors/wholesale traders. The company's clients include Emami Paper Mills Limited, Manioca Food Products Private Limited, Century Pulp & Paper, Kush Proteins Private Limited, Shri Guru Oil Industries, Mayank Cattle Food Limited, Aarnav Sales Corporation, AMV Sales Corporation, Eco Tech Papers, Genus Paper Board Private Limited, Krishna Tissues Private Limited, Maruti Papers Private Limited, and M/s Vasu and Sons. As of May 31, 2025, the company employed 491 people in various departments. Competitive Strength Strategic advantage of the manufacturing facility near raw materials and consumption markets. Efficient procurement strategy aided by multifaceted raw material sourcing avenues. Diversified product portfolio serving various industries, well-positioned to leverage industry trends. Established and widespread sales and distribution network. Experienced promoters and management.
Company Financials (₹ Cr)
As of 2025-03-31
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 860.27 | 585.97 | 371.52 |
| Total Income | 917.58 | 601.08 | 488.67 |
| Profit After Tax | 47.67 | 22.14 | 16.76 |
| EBITDA | 112.79 | 56.37 | 40.67 |
| NET Worth | 235.41 | 126.61 | 104.41 |
| Reserves and Surplus | 202.44 | 125.12 | 102.92 |
| Total Borrowing | 507.05 | 357.21 | 188.93 |
Key Ratios
EPS
₹5.80
NAV
₹28.66
ROE
20.25%
ROCE
14.17%
RoNW
20.25%
P/B Value
6.18
P/E Ratio
17.58
Market Cap
₹1047.79 Cr
PAT Margin
5.19%
Debt/Equity
2.08
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Sukhjit Starch & Chemicals Limited | 173.82 | 7.36% | 13.51 | 12.79 | 12.79 |
| Gulshan Polyols Limited | 87.07 | 4.02% | 44.56 | 3.95 | 3.95 |
| Gujarat Ambuja Exports Limited | 65.46 | 8.3% | 20.22 | 5.44 | 5.44 |
| Sanstar Limited | 34.18 | 7.03% | 36.46 | 2.58 | 2.58 |
| Regaal Resources Limited This IPO | 28.66 | 20.25% | — | 6.05 | 6.03 |
Promoters
Anil Kishorepuria, Shruti Kishorepuria, Karan Kishorepuria and BFL Pvt.Ltd.
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Repayment and/ or pre-payment, in full or in part, of the certain outstanding borrowings availed by the Company 159.00 2 General Corporate Purposes 28.14 3 Issue Expenses 33.30 Total 220.44
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹488.67 Cr in the period ending 31 Mar 2023, increasing to ₹601.08 Cr by 31 Mar 2024, and further rising to ₹917.58 Cr by 31 Mar 2025. This shows a consistent upward trend in revenue over the periods analyzed.
Profit Trend
Profit After Tax was ₹16.76 Cr in the period ending 31 Mar 2023, which grew to ₹22.14 Cr by 31 Mar 2024, and reached ₹47.67 Cr by 31 Mar 2025. This indicates a strong growth trajectory in profitability across the reported periods.
Valuation
Regaal Resources has an implied P/E ratio of 17.58 at the issue price, while peers are trading at P/E ratios ranging from 13.51 to 44.56. This indicates that Regaal is priced at a competitive valuation compared to its peers.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is an unofficial indicator of the expected listing price of an IPO. It reflects the demand and supply dynamics of the shares before they are officially listed on the stock exchange. A positive GMP suggests that the shares may list at a higher price than the issue price.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's important to consider the company's fundamentals and market conditions before making a decision.
Who May Want to Wait
Investors who prefer stable, low-risk investments may want to avoid IPOs, as they can be subject to significant price fluctuations and uncertainties in the initial trading period.
IPO Timeline, Explained
The IPO opens for subscription on August 12, 2025, and closes on August 14, 2025. Allotment of shares will be finalized by August 18, 2025, and the shares are expected to be listed on the stock exchange on August 20, 2025.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make if the stock price rises on the first day of trading. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and company performance. It's important to approach listing-day trading with caution.
This evaluation is generated from Regaal Resources's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Regaal Resources IPO GMP today?
Regaal Resources IPO GMP today is +₹31.0 (30.39%), indicating an estimated listing price of ₹133. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Regaal Resources IPO?
The price band of Regaal Resources IPO is ₹96.0–₹102.0 per share.
When does Regaal Resources IPO open and close?
Regaal Resources IPO opens on 12 August 2025 and closes on 14 August 2025.
When does Regaal Resources IPO list on the stock exchange?
Regaal Resources IPO listed on 20 August 2025 at ₹133.0.
What is the lot size for Regaal Resources IPO?
The lot size for Regaal Resources IPO is 144 shares, requiring a minimum investment of ₹14,688.
What is the lot size for this IPO?
The lot size for Regaal Resources IPO is 144 shares.
What is the minimum investment required?
The minimum investment required is ₹14,688.
What is the price band for the IPO?
The price band for the IPO is between ₹96.0 and ₹102.0.
When is the listing date for the IPO?
The listing date for the IPO is August 20, 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium at which the shares may list on the stock exchange.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
12 Aug 2025
Close
14 Aug 2025
Allotment
18 Aug 2025
Listing
20 Aug 2025
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