Third Day of Regaal Resources IPO: Market Price Premium Skyrockets, Subscription Demand Reaches 26.93 Times, Is It Worth Investing?
Regaal Resources IPO Successfully Lists with Strong Investor Demand
The Regaal Resources Initial Public Offering (IPO) was met with overwhelming success, as the issue was oversubscribed approximately 160 times. The IPO, which had an issue size of ₹306 crore, saw a strong response from investors across all categories.
The IPO price band was set at ₹96–₹102 per share, with a minimum retail application lot of 144 shares (around ₹14,688 at the cutoff price). The allotment was finalized on August 18, 2025, and the shares were listed on August 20, 2025, at a significant premium—about 38% above the issue price—with shares listed at ₹141 per share on the National Stock Exchange (NSE).
Qualified Institutional Buyers (QIBs) showed the most interest, with a subscription of approximately 191 times, followed by Non-Institutional Investors (NIIs) with a subscription of 357 times. However, retail investors subscribed to only 35% of the shares, which is lower compared to other categories.
The fresh issue proceeds of ₹210 crore will go to the company for general corporate purposes, including capacity expansion and debt repayment. The Offer for Sale (OFS) proceeds of ₹96 crore will go to existing shareholders. The exact use of funds was not detailed in the sources, but it is common for fresh issues to fund growth or working capital needs.
Two brokerage firms, Arihant Capital and Reliance Securities, have advised a 'Subscribe for long-term' rating for the Regaal IPO, citing its growth potential. However, specific brokerage buy/sell advice or target prices could not be found in the available search results. Investors wishing to check their allotment status can do so through the National Stock Exchange, Bombay Stock Exchange, or the registrar MUFG Intime India Pvt. Ltd.
In summary, the Regaal Resources IPO was a resounding success, with excellent investor demand, a positive listing premium, and wide participation especially from institutional investors. For specific brokerage buy/sell advice or target prices, investors are advised to consult detailed broker reports or financial advisory services. The IPO presents a reasonable prospect for long-term investors, based on broker ratings and demand.
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