New Delhi, August 20: Agro-based products maker Regaal Resources delivered a solid debut on the stock exchanges today, rewarding its IPO investors with hefty listing gains.
The company’s shares, issued at ₹102 per share, were listed at ₹141.80 on the BSE and ₹141 on the NSE, giving investors a strong 39% premium on listing. Soon after, buying momentum pushed the stock up to ₹145.70, before profit booking dragged it down. At close, the stock settled at ₹131.65, still ensuring 29.07% returns on Day 1 for IPO investors.
IPO Attracted Massive Subscription
Regaal Resources’ ₹306 crore IPO, which was open between Au wsgust 12–14, received an overwhelming response with an overall subscription of 159.87 times:
-QIB quota subscribed 190.96 times
-NII quota saw a whopping 356.72 times subscription
-Retail quota subscribed 57.75 times
The issue comprised a fresh issue of ₹210 crore worth of shares along with an Offer for Sale (OFS) of 94.12 lakh shares (face value ₹5). Funds raised will be used for debt repayment, working capital, and corporate purposes.
Financial Performance & Debt Concerns
According to the company’s prospectus, Regal Resources has shown consistent profit growth:
-Net profit rose from ₹16.76 crore in FY23 to ₹22.14 crore in FY24, and further to ₹47.67 crore in FY25.
-Revenue surged at a CAGR of over 37%, reaching ₹917.58 crore.
However, debt levels also climbed sharply: from ₹188.93 crore at the end of FY23 to ₹357.21 crore in FY24, and further to ₹507.05 crore in FY25.
Despite rising debt, the company’s strong market entry reflects robust investor confidence, buoyed by its rapid revenue growth and promising outlook in the agribusiness sector.
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Hindusthan Samachar / Jun Sarkar
