Kolkata-based agro-processing company Regaal Resources is set to open its IPO for public subscription in the coming week on August 12. The offer will close on August 14.
The anchor book of the IPO will be launched on August 11. The company will finalise IPO share allotment by August 18. Regaal Resources shares will be available for trading on the BSE and NSE effective August 20.
The IPO comprises of fresh issuance of shares worth Rs 210 crore, and an offer-for-sale of 94.12 lakh shares by promoters.
Maize milling company Regaal Resources manufactures native maize starch and modified starch, and co-products (including gluten, germ, and enriched fiber), catering to food products, paper, animal feed, and adhesives industries. Emami Paper Mills, Manioca Food, Century Pulp & Paper, Kush Proteins, Mayank Cattle Food, AMV Sales Corporation, Genus Paper Board, Krishna Tissues, and Maruti Papers are some of its customers.
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According to F&S report, it is one of the largest manufacturers of maize based specialty products in India, with a crushing capacity 750 tonnes per day (TPD) which increased from 180 TPD in 2018.
Regaal Resources that competes with listed peers like Sanstar, Gujarat Ambuja Exports, Gulshan Polyols, and Sukhjit Starch and Chemicals intends to utilise Rs 159 crore of the fresh issue proceeds for debt reduction, and the remainder for general corporate purposes. Its outstanding debt as of June 2025 was Rs 561.2 crore.
Pantomath Capital Advisors, and Sumedha Fiscal Services are managing the Regaal Resources IPO.
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