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Regaal Resources files DRHP with SEBI to raise funds via IPO

03 Jan 2025 Evaluate

Regaal Resources has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The IPO comprises a fresh issue of shares worth up to Rs 190 crore and an offer-for-sale of up to nine million equity shares by the promoter. 

Proceeds from the fresh issue worth Rs 147 crore will be utilised for repayment and pre-payment of borrowings and general corporate purposes. Pantomath Capital Advisors and Sumedha Fiscal Services are the book-running lead managers of the issue. The shares of the company are proposed to be listed on the NSE and BSE.

Regaal Resources, one of the manufacturers of maize-based starch, specialty starches, food-grade starches and starch derivative products in India, has an installed crushing capacity of 750 tonnes per day.


Regaal Resources Share Price

84.95 0.80 (0.95%)
06-May-2026 12:51 View Price Chart
Peers
Company Name CMP
Venkys India 1578.65
Mangalam Global Ent 14.00
Kaveri Seed 988.40
Regaal Resources 84.95
Simran Farms 165.05
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