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Regaal Resources IPO

  • Status: Closed
  • RHP:
  • ₹ 13,824 / 144 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    20 Aug 2025

  • Listing Price

    ₹141.80

  • Listing Change

    39.02%

  • Last Traded Price

    ₹90.25

Regaal Resources IPO Details

  • Open Date

    12 Aug 2025

  • Close Date

    14 Aug 2025

  • Listing Date

    20 Aug 2025

  • IPO Price Range

    ₹ 96 to ₹102

  • IPO Size

    ₹ 306.00 Cr

  • Listing Exchange

    BSE NSE

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Regaal Resources IPO Subscription Status

Last Updated: 14 August 2025 5:28 PM by 5paisa

Regaal Resources Limited is launching a ₹306 crore IPO. The company manufactures maize-based specialty products, including starches, co-products like gluten and fibre, and food-grade items such as maize flour and baking powder. Its 54.03-acre zero-liquid discharge plant is in Kishanganj, Bihar. Serving clients across food, paper, feed, and adhesive industries, it caters to end manufacturers, intermediaries, and distributors, with exports to Nepal and Bangladesh.

Established in: 2012
Managing Director: Mr. Anil Kishorepuria

 

Peers

Particulars Regaal Resources Limited Sanstar Limited Gujarat Ambuja Exports Limited Gulshan Polyols Limited Sukhjit Starch and Chemicals Limited
Face Value (₹ per share) 5.00 2.00 1.00 1.00 5.00*
Total Income (in ₹ million) 9,175.76 9,714.54 46,950.60 20,245.44 15,061.90
EPS (Basic) (₹ per share) 6.05 2.58 5.44 3.95 12.79
EPS (Diluted) (₹ per share) 6.03 2.58 5.44 3.95 12.79
NAV (₹ per share) 28.66 34.18 65.46 87.07 173.82
P/E - 36.46 20.22 44.56 13.51
RoNW (%) 20.25 7.03 8.30 4.02 7.36
Current Market Price of Listed Peers (₹) (As of August 8) - 85.30 103.00 172.01 171.33

 

Regaal Resources Objectives

1. The company plans to utilise a portion of the IPO proceeds for the repayment or pre-payment, either in full or in part, of certain outstanding borrowings.
2. A part of the funds will also be allocated towards general corporate purposes.
 

Regaal Resources IPO Size

Types Size
Total IPO Size ₹306.00 Cr.
Offer For Sale ₹96.00 Cr.
Fresh Issue ₹210.00 Cr.

Regaal Resources IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 144 13,824
Retail (Max) 13 1,872 179,712
S-HNI (Min) 14 2,016 193,536
S-HNI (MAX) 68 9,792 940,032
B-HNI (Min) 69 9,936 953,856

Regaal Resources IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB 190.96 60,00,262 1,14,57,89,712 11,687.06
NII (HNI) 356.72 45,00,035 1,60,52,43,888 16,373.49
bNII (bids above ₹10L) 387.71 30,00,024 1,16,31,40,416 11,864.03
sNII (bids below ₹10L) 294.73 15,00,012 44,21,03,472 4,509.46
Retail 57.75 1,05,00,082 60,63,29,712 6,184.56
Total** 159.87 2,10,00,379 3,35,73,63,312 34,245.11

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY23 FY24 FY25
Revenue 488.67 601.08 917.58
EBITDA 40.67 56.37 112.79
PAT 16.76 22.14 47.67
Particulars (in Rs. Crores)] FY23 FY24 FY25
Total Assets 371.52 585.97 860.27
Share Capital 9.59 9.59 41.07
Total Borrowings 188.93 357.21 507.05
Particulars (in Rs. Crores FY23 FY24 FY25
Net Cash Generated From / (used in) operating activities 34.63 22.51 11.20
Net Cash Generated From / (used in) investing activities 69.38 106.31 -127.99
Net Cash Generated From / (used in) financing activities 34.76 148.51 172.31
Net Increase (Decrease) In Cash And Cash Equivalents 0.09 19.78 52.90


Strengths

1. Manufacturing unit near raw materials and key consumption regions reduces logistics costs.
2. Efficient procurement via farmers, traders, aggregators, and FMCG firms ensures supply stability.
3. Broad product portfolio serving diverse sectors boosts revenue potential and customer base.
4. High-capacity ZLD plant with sustainable practices improves cost-efficiency and compliance.
 

Weaknesses

1. Over 50% revenue from top 10% customers heightens client concentration risk.
2. Heavy maize dependency with 83% sourced from just 10 vendors, without long-term contracts.
3. Single-site manufacturing increases risk of operational disruptions or quality lapses.
4. Limited geographic presence makes sales vulnerable to regional disruptions in East and North India.
 

Opportunities

1. Rising demand for maize-based starches in food, pharma, and paper industries.
2. Potential to expand customer base by diversifying geographically across other Indian regions.
3. Strengthening backward integration can reduce supplier risk and improve cost control.
4. Continued focus on sustainability can attract ESG-conscious investors and clients.
 

Threats

1. Seasonal and weather-linked maize availability may drive up procurement costs.
2. Loss of key vendors or price hikes can impact supply chain and margins.
3. Increased competition from local and global players in maize starch segment.
4. Any quality control failure may damage brand trust and disrupt operations.
 

1. Regaal Resources’ revenue grew from ₹488.67 crore in FY23 to ₹917.58 crore in FY25, with net profit nearly tripling.
2. It operates in a growing maize starch industry, driven by rising demand in food, pharma, and ethanol sectors.
3. The company benefits from a zero-liquid discharge plant, efficient sourcing, and a broad product portfolio.
4. IPO proceeds will be used to reduce debt and fund general corporate purposes, improving financial strength.
 

1. India’s maize starch market is growing steadily, fuelled by rising demand in food processing.
2. The country exports around 14% of global supply, mainly to Nepal, Malaysia, and the UAE.
3. Domestic demand is rising across pharma, textiles, paper, adhesives, and bio-ethanol industries.
4. Low costs, strong raw material supply, and government support boost global competitiveness.
 

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FAQs

Regaal Resources IPO opens from August 12, 2025 to August 14, 2025.
 

The size of Regaal Resources IPO is ₹306.00 Cr.
 

The price band of Regaal Resources IPO is ₹96 to ₹102 per share.

To apply for Regaal Resources IPO, follow the steps given below:

  • Login to your 5paisa account and select the issue in the current IPO section.    
  • Enter the number of lots and the price at which you wish to apply for the Regaal Resources IPO. 
  • Enter your UPI ID and click on submit. You will receive a mandate notification to block funds in your UPI app.
  • On approving the mandate, your bid will be placed with the exchange.   
     

The minimum lot size of Regaal Resources IPO is 1 lot of 144 shares and the investment required is ₹13,824.

The share allotment date of Regaal Resources IPO is August 18, 2025

The Regaal Resources IPO will likely be listed on August 19, 2025.

Pantomath Capital Advisors Pvt Ltd is the book running lead manager for Regaal Resources IPO.

  • The company plans to utilise a portion of the IPO proceeds for the repayment or pre-payment, either in full or in part, of certain outstanding borrowings.
  • A part of the funds will also be allocated towards general corporate purposes.