Regaal Resources IPO Day 1 – Strong Start and Market Buzz
Subscription Status on Day 1
On the very first day of its IPO, Regaal Resources Ltd. saw a phenomenal response. By end of Day 1:
- Overall subscription reached approximately 5.94×
- Retail investor quota subscribed at 5.58×
- Non-Institutional Investors (NII) at 10.77×
- Qualified Institutional Buyers (QIBs) at 2.94×
Moreover, within just two hours of opening, the IPO was already 200% subscribed, illustrating brisk demand right from the start.
Grey Market Premium (GMP) Shows Upward Momentum
The Grey Market Premium has been on a strong upward trend:
- Initially, the GMP was reported at ₹22, signaling expected listing gains of around 20–22%.
- On Day 1, GMP rose to ₹24, showing heightened investor enthusiasm.
- Early in the day, even ₹23 was reported, indicating a potential listing price of ₹125 (upper band plus GMP).
Regaal Resources IPO – Key Offer Details
| Detail | Information |
|---|---|
| IPO Size | ₹306 crore total |
| Fresh Issue | ₹210 crore (approx. 2.06 crore shares) |
| Offer for Sale (OFS) | ₹96 crore (approx. 94 lakh shares) |
| Price Band | ₹96 – ₹102 per share |
| Lot Size | 144 shares (min. investment ₹14,688) |
| Subscription Window | Aug 12–14, 2025 |
| Allotment Date | Aug 18, 2025 |
| Refund / Demat Credit | Aug 19, 2025 |
| Listing Date | Aug 20, 2025 on BSE & NSE |
Why This IPO Is Creating a Buzz
Strong Anchor Support
Ahead of public subscription, Regaal Resources secured ₹92 crore from anchor investors, with shares allotted at ₹102 each (including ₹97 premium), boosting confidence in the IPO’s valuation.
Robust Financial Growth
The company has shown impressive revenue and profit growth:
- FY2025 revenue: ₹917.6 crore (up from ₹601.1 crore in FY2024)
- FY2025 net profit: ₹47.7 crore (up from ₹22.1 crore)
This growth underpins investor optimism reflected in subscription and GMP figures.
Investor Takeaways
- High Oversubscription indicates strong investor belief in listing gains and business fundamentals.
- Elevated GMP suggests significant demand, though it’s speculative and not a guarantee.
- Timely actions: Applications close on August 14, with allotment expected by August 18—key dates for investors to track.
- Investment strategy: Retail investors looking for short-term gains need to act quickly, while long-term investors should weigh the company’s financials and growth outlook.
Conclusion
Regaal Resources Ltd.’s IPO Day 1 performance reflects substantial investor appetite. With rapid oversubscription and rising GMP (+₹24), the IPO has become a high-interest offering. Strong financials, anchor demand, and a clear listing timeline position this IPO as a noteworthy opportunity. However, potential subscribers should also evaluate risks and fundamentals before making investment decisions.