Regaal Resources IPO opens for subscription on August 12, 2025 and closes on August 14, 2025. The allotment is expected to be finalised on Monday, August 18, 2025, with a tentative listing date set for Wednesday, August 20, 2025, on the BSE and NSE.
Regaal Resources Limited, incorporated in 2012, is a manufacturer of maize specialty products in India, operating with a crushing capacity of 750 tonnes per day. The company focuses on producing a wide range of maize-derived ingredients that cater to industrial and food-based applications across domestic and international markets.
The company’s manufacturing facility is located in Kishanganj, Bihar, and spans over 54.03 acres. It is designed as a zero liquid discharge unit, reflecting the company’s emphasis on environmentally responsible operations. This facility enables large-scale production while maintaining high-quality standards for all product categories.
Its core product range includes maize starch and modified starch, which are plant-based and used widely in the food, pharmaceutical, textile, and paper industries. In addition, Regaal Resources manufactures several co-products such as gluten, germ, enriched fibre, and fibre, catering to sectors like animal feed and health-focused food manufacturing. The food-grade starch segment includes products such as maize flour, icing sugar, custard powder, and baking powder, which are supplied to both industrial buyers and food businesses.
The company exports its products to Nepal and Bangladesh, enhancing its presence in neighbouring South Asian markets. Domestically, it serves customers across various industries, including food processing, paper manufacturing, animal nutrition, and adhesives, establishing a reliable network of B2B clients.
This blog will further cover Regaal Resources IPO details, including issue size, price band, financial performance, product demand outlook, and future expansion strategy.
Regaal Resources IPO Date
The key pointers for the Regaal Resources IPO dates are:
- Bidding Opening Date: August 12, 2025
- Bidding Closing Date: August 14, 2025
- Allotment Date: August 18, 2025
- Initiation of Refunds (in case of less or no allotment): August 19, 2025
- Shares Credited to Your Demat Account: August 19, 2025
- IPO Listing Date: August 20, 2025
- Listing on Exchange: BSE and NSE
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Regaal Resources IPO Issue Size
Regaal Resources IPO valuation, as denoted by the market capitalisation, is targeted at ₹1047.79 crores. Here are the important details:
- Regaal Resources IPO Price Band: ₹96 to ₹102 per share
- Lot Size: 144 Shares
- Issue Size and Amount: 3,00,00,235 shares (aggregating up to ₹306.00 Cr)
- Fresh Issue Size and Amount: 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)
Regaal Resources IPO Proceeds Usage
The net proceeds from the Regaal Resources IPO are proposed to be utilised for the following purposes:
- Partial or full repayment of certain outstanding loans currently availed by the company – ₹159.00 crore.
- Funding general corporate requirements, including business-related expenses and operational needs.
Regaal Resources IPO Reservations
Regaal Resources IPO reservations to different investors are:
- For QIBs: Not more than 50% of the Offer
- For NIIs: Not more than 15% of the Offer
- For Retail Investors: Not less than 35.00% of the Offer
Regaal Resources IPO Lot Size
Regaal Resources IPO lot size is 144 shares, wherein bidding can be done in multiples. The minimum amount that each category of investor needs to bid in this IPO is:
| 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 IPO Details: Promoter Holding
The promoters of the company are Anil Kishorepuria, Shruti Kishorepuria, Karan Kishorepuria and BFL Private Limited.
Regaal Resources IPO: Company Overview
Regaal Resources Limited, established in 2012, is engaged in the manufacturing of maize specialty products in India. With a daily crushing capacity of 750 tonnes, the company offers a broad product range that includes maize starch and modified starch, co-products such as gluten, germ, enriched fibre and fibre, as well as food-grade starches like maize flour, icing sugar, custard powder, and baking powder. Its production facility is located in Kishanganj, Bihar, spread over 54.03 acres and operates as a zero liquid discharge unit, underlining the company’s commitment to environmentally conscious manufacturing.
Regaal Resources exports its products to Nepal and Bangladesh while also catering to a wide base of domestic clients. It serves a broad spectrum of industries, including food processing, paper, animal feed, and adhesives. The company follows a customer-centric model, targeting three key segments, end product manufacturers, intermediate product makers, and wholesale distributors. Its clientele includes well-known names such as Emami Paper Mills Limited, Century Pulp & Paper, Manioca Food Products Private Limited, Mayank Cattle Food Limited, Krishna Tissues Private Limited, and several others.
As of May 31, 2025, the company had a workforce of 491 employees across different functions. Regaal Resources’ strengths lie in its strategic manufacturing location, which provides easy access to raw material sources and key consumption markets. Its efficient procurement processes, diversified product offerings, and widespread sales network help it stay competitive and responsive to market demands. The company is backed by experienced promoters and a capable management team, contributing to its steady growth and operational efficiency.
Regaal Resources IPO: Financial Performance
Regaal Resources Ltd. key financials for different periods are as follows:
| Particulars | 31 Mar 2025 (₹ Cr) | 31 Mar 2024 (₹ Cr) | YoY Change |
|---|---|---|---|
| Total Income | 917.58 | 601.08 | +53% |
| Profit After Tax (PAT) | 47.67 | 22.14 | +115% |
| EBITDA | 112.79 | 56.37 | +100% |
| Reserves and Surplus | 202.44 | 125.12 | +62% |
| Total Assets | 860.27 | 585.97 | +47% |
| Total Borrowing | 507.05 | 357.21 | +42% |
(Amount in ₹ crore)
- Regaal Resources Ltd. posted a strong 53% jump in total income, rising from ₹601.08 crores in FY24 to ₹917.58 crores in FY25, driven by sustained demand for its maize-based products.
- The company’s profit after tax more than doubled, recording a 115% increase from ₹22.14 crores to ₹47.67 crores, reflecting effective cost management and improved margins.
- EBITDA also saw significant growth of 100%, rising from ₹56.37 crores in FY24 to ₹112.79 crores in FY25, indicating strengthened operational efficiency over the past year.
- Reserves and surplus rose by 62%, reaching ₹202.44 crores in FY25 compared to ₹125.12 crores in FY24, enhancing the company’s financial base.
- Total assets grew by 47% year-on-year, standing at ₹860.27 crores as of March 31, 2025, suggesting ongoing capital investments and infrastructure expansion.
- Total borrowings increased by 42%, moving from ₹357.21 crores to ₹507.05 crores, indicating a measured use of debt to support business growth.
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Regaal Resources IPO Risk Factors
Regaal Resources Ltd. is exposed to various risk factors that can eventually affect its business and investors’ perception:
- Heavy Dependence on Key Customers: A large share of the company’s sales comes from its top 10 customers. If any of these customers reduce their orders or stop buying altogether, it could seriously affect the company’s business, revenue, and overall performance.
- Reliance on Major Maize Suppliers: Over 83% of the maize used by the company is bought from its top 10 suppliers, and there are no long-term contracts with them. If these vendors stop supplying, raise prices, or face disruptions, it could harm the company’s operations and profits.
- Seasonal Availability of Maize: Maize, the company’s main raw material, is available only during certain times of the year and is affected by weather and post-harvest losses. Any delay, shortage, or price hike could increase production costs and make it harder for the company to meet customer orders.
For all the insights on Regaal Resources IPO and detailed expert advice, you can download the SMC ACE App or visit the SMC telegram channels. Take smart decisions and apply for the Regaal Resources IPO easily on the SMC ACE Apply by opening free demat account now.
Frequently Asked Questions – FAQs
1. What are the Regaal Resources IPO opening and closing dates?
The Regaal Resources IPO opens for subscription on August 12, 2025, and closes on August 14, 2025.
2. What is the price band and lot size for Regaal Resources IPO?
The price band is set between ₹96 to ₹102 per share, and the minimum lot size is 144 shares.
The allotment is expected to be finalised on August 18, 2025. Shares will likely be credited to demat accounts on August 19, 2025, and listed on the BSE and NSE on August 20, 2025.
4. How will the company use the IPO proceeds?
The net proceeds will be used for repayment of certain borrowings (₹159 crore) and for general corporate purposes.
Author: All Content is verified by SMC Global Securities.
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