Regaal Resources IPO GMP Today: Strong Grey Market Premium Signals Robust Listing
Regaal Resources Ltd., a leading maize-based specialty
product manufacturer, has launched its ₹306 crore IPO, and the grey market
premium (GMP) is making headlines. As of August 13, 2025, the GMP stands at
₹32, indicating a potential listing price of ₹134—over 31% above the upper IPO
price band of ₹1022.
Key IPO Details
Feature Details
IPO Dates August
12–14, 2025
Price Band ₹96
to ₹102 per share
Lot Size 144 shares
Issue Size ₹306
crore
Fresh Issue ₹210
crore
Offer for Sale ₹96
crore
Listing Date August
20, 2025 (BSE & NSE)
Registrar MUFG Intime India Pvt. Ltd.
Lead Managers Pantomath Capital, Sumedha Fiscal
Grey Market Premium (GMP) Trend
Date GMP (₹) Estimated Listing Price (₹) % Over Issue Price
August 13 ₹32 ₹134 +31.37%
August 12 ₹32 ₹134 +31.37%
August 11 ₹23 ₹125 +22.55%
August 8–10 ₹22 ₹124 +21.57%
Subscription Status (Day 2)
Total Subscription: 26.4x
Retail Investors: 13.28x
Non-Institutional Investors (NII): 32.94x
Qualified Institutional Buyers (QIB): 3.08x4
IPO Analysis: Should You Apply..
Brokerages like Anand Rathi, Arihant Capital, and Swastika
Investment rate this IPO a “Subscribe”, citing:
Why It Stands Out
- Strategic
location near maize hubs in Bihar & Bengal
- 37%
revenue CAGR (FY23–25)
- Plans
to double capacity & enter high-margin products
- Government
perks: SGST exemption, interest subsidies
- Reasonable
valuation at ~21.9x P/E
Risks to Note
- High
debt vs. peers
- Agri-cycle
& commodity price exposure
- Execution
risks in scaling & deleveraging
