Mon Aug 18 05:50:00 UTC 2025: Here’s a news article summarizing the Regaal Resources IPO:

**Regaal Resources IPO Heavily Oversubscribed; Allotment Finalized Today**

**Mumbai, August 18, 2025** – The initial public offering (IPO) of corn starch manufacturer Regaal Resources saw overwhelming investor demand, being oversubscribed by a staggering 159.88 times. Bids were received for 3,35,73,74,544 shares, significantly exceeding the 2,09,99,664 shares on offer.

The IPO, which aimed to raise ₹306 crore through a fresh issue of ₹210 crore and an offer for sale of ₹96 crore, was priced between ₹96 and ₹102 per share, with a lot size of 144 shares. Non-institutional investors showed particularly strong interest, subscribing 356.73 times their allotted quota. Qualified institutional buyers subscribed 190.97 times, while the retail investor portion was subscribed 57.75 times.

The basis of allotment is expected to be finalized today, August 18. Investors can check their allotment status on the websites of the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), and the registrar, MUFG Intime India.

Regaal Resources intends to use the proceeds from the fresh issue to reduce its outstanding debt and for general corporate purposes. The company operates a zero liquid discharge maize milling plant, serving clients in the food products, animal feed, paper, and adhesive sectors across India, as well as in export markets like Nepal and Bangladesh.

Sumedha Fiscal Services and Pantomath Capital Advisors Pvt Ltd served as the book-running lead managers for the issue.

Shares of Regaal Resources are slated to be listed on both the BSE and NSE on August 20. Prior to the IPO, the company had secured approximately ₹92 crore from anchor investors.

**About Regaal Resources:**

Regaal Resources is a manufacturer of corn starch, serving a variety of industries with operations both in India and neighboring countries.

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