Regaal Resources IPO: The public issue of Regal Resources Limited, which produces maize-based specialty products, is opening on August 12. A day earlier the company raised Rs 92 crore from anchor investors. According to a circular uploaded on the BSE website, Torus Mutual Fund, VPK Global Ventures Fund, Meru Investment Fund PCC-SAL 1, Benami Capital, Sunrise Investment Operations Funds, Autumn Investment and Investment Funds, Author Investment and Holynth Funds, Austory Investment and Investment Funds, Austrial Investment and Investment Fund, Capital funds were involved.
According to the circular, the company allotted more than 89.99 lakh equity shares to these investors at a price of Rs 102 per share and raised funds of Rs 91.79 crore. The size of the IPO of Regal Resources is Rs 306 crore. In this, 2.06 crore new equity shares worth Rs 210 crore will be issued. Also, there will be an offer for sale of 94 lakh shares worth Rs 96 crore from the existing shareholders.
How much price band, when will the listing be held
The promoters of the company are Anil Kishorepuria, Shruti Kishorepuria, Karan Kishorepuria and BFL Private Limited. In IPO, you can bid in a price band of Rs 96-102 per share and in a lot of 144 shares. The issue of the issue will be on 14 August. Allotment may be a final on August 18. Regal Resources shares can be listed on BSE, NSE on 20 August. Pantometry Capital Advisors Private Limited, Sumedha Fiscal Services Limited, Book Running Lead Manager for IPO. The Registrar, MUFG Inteime India Private Limited.
How to use IPO money
The company will use the money to be received by releasing new shares in its IPO to complete the debt or to some extent and for general corporate purposes. By 31 March 2025, Regal Resources had a borrowing of Rs 507 crore. 50 percent of the IPO is reserved for qualified institutional buyers, 35 percent for retail investors and 15 percent for non -institutional investors.
Financial health of the company
Revenue increased by Revenue 52.6 percent to Rs 917.58 crore in FY 2025. It was Rs 601.08 crore a year ago. The net profit was increased by 115 percent to Rs 47.67 crore, which was Rs 22.14 crore in FY 2024. Ebitda doubled to Rs 112.79 crore, which was Rs 56.37 crore in FY 2024. In the gray market, the share of Regaal Resources is trading at a premium of Rs 15 or 14.71%. The gray market is an unauthorized market where shares of a company trades it till its listing.
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