Regaal Resources IPO allotment today: How to check status on registrar, BSE and NSE; check latest GMP

Regaal Resources IPO allotment is likely to be finalised on August 18.

Regaal Resources IPO share allotment is expected to be finalised later tonight, August 18, after the issue drew strong investor demand with a subscription of nearly 160 times.

The Rs 306-crore IPO was open for subscription from August 12 to 14. The maize-based speciality product manufacturer had fixed the price band at Rs 96–102 per share. Ahead of the opening, the company raised Rs 92 crore from anchor investors.

Applicants can check their Regaal Resources IPO allotment status on the website of the registrar, MUFG Intime India Pvt Ltd (formerly Link Intime India Pvt Ltd), by entering their application number or PAN. The status will also be available on the BSE and NSE websites.

Step 1: Open the link to the official registrar of the issue on this URL: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Step 2: Select the company from the dropdown menu.

Step 3: You check your allotment status by filling in details like PAN, application number or DP client ID.

Step 4: Press the Submit button

Step 5: Your allotment status will be shown in the window.

Step 1: Open the website of NSE by clicking on this direct link (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp).

Step 2: Select the company 'Regaal Resources' by selecting Equity & SME IPO bid details

Step 3: Investors can check the allotment status by filling in details like their IPO Application number or PAN details after selecting company symbol.

Step 4: Press the Submit button

Step 5: The allotment status will be shown in the window.

Step 1: Open the website of Bombay Stock Exchange (BSE).

Step 2: Click on 'Investors' option.

Step 3: On the 'Investor Services' dropdown, click on 'Status of Issue Application'.

Step 4: Click on 'Application Status Check'.

Step 5: Select Equity in the issue type.

Step 6: Fill in the required details including the 'Issue Name'.

Step 7: Enter PAN number and click on Search to view the status

According to market observers tracking the grey market activities, the shares of Regaal Resources are commanding a GMP of over 25 percent in the unregulated market. Investorgain quoted a grey market premium of Rs 26 for the shares of the company, indicating a listing gain of 25.49 percent.

Of the fresh issue proceeds, Rs 159 crore will go towards repayment or pre-payment of certain borrowings. The company operates a zero liquid discharge maize milling facility catering to customers in food products, paper, animal feed and adhesives across India, and in export markets such as Nepal and Bangladesh.

Regaal Resources shares will be listed on both NSE and BSE on August 20.