Regaal Resources IPO got 2.08 times subscription applications within 2 hours of opening

Mumbai, 12 August 2025: The Initial Public Offering (IPO) of Regaal Resources Limited opened for subscription today and will close on August 14, 2025. The IPO price band has been fixed at ₹96 to ₹102 per share, and the company is looking to raise a total of ₹306 crore. As of 12:24 PM, the public issue was subscribed 2.08 times.

Category-wise, retail investors subscribed 2.37 times, Non-Institutional Investors (NII) bid 3.19 times, and Qualified Institutional Buyers (QIB) (ex-anchor) subscribed 0.74 times. In the NII category, bids higher than ₹10 lakh (bNII) were subscribed 2.76 times and bids less than ₹10 lakh (sNII) reached 4.03 times. Anchor investors had already placed their entire allocation before the IPO, subscribing to 89,99,856 shares amounting to ₹91.80 crore.

Regaal Resources IPO Structure Highlights a Mix of Offer for Sale and Fresh Issue

The IPO is a mix of an offer for sale of existing shares worth ₹96 crore and a fresh issue of ₹210 crore. The promoters of the company, include Anil Kishorepuria, Shruti Kishorepuria, Karan Kishorepuria, and BFL Pvt Ltd. Retail investors can apply in lots of 144 shares each.

IPO Timeline and Key Dates for Regaal Resources Subscription and Listing

• IPO Open Date: 12 August 2025
• IPO Close Date: 14 August 2025
• Allotment Date: 18 August 2025
• Tentative listing date on BSE and NSE: 20 August 2025

Regaal Resources intends to use ₹159 crore of the proceeds for pre-payment and repayment of certain borrowings, either in part or full. The rest of the funds will be used for other business initiatives.

The IPO is handled by lead merchant bankers Sumedha Fiscal Services Limited and Pantomath Capital Advisors Private Limited, while the registrar for the issue is MUFG Intime India Private Limited.

The Regaal Resources IPO represents a significant move for the company to mobilise capital that will help reduce debt and facilitate business growth. Market participants will be watching closely for trends in subscription as the issue unfolds.

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