Regaal Resources IPO
Regaal Resources Limited (REGAAL) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 20 August 2025.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +62.4% (likely range +34% to +78%), day's high +62.4%, chance of a gain 97%. Actual: +38.2% at the open, +42.8% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 59,99,904 | 1,14,57,89,712 | 191x | |
| NII (HNI) total | 44,99,928 | 1,60,52,43,888 | 357x | |
| Big NII (above ₹10 lakh) | 29,99,952 | 1,16,31,40,416 | 388x | |
| Small NII (₹2-10 lakh) | 14,99,976 | 44,21,03,472 | 295x | |
| Retail | 1,04,99,832 | 60,63,40,944 | 57.7x | |
| Total | 2,09,99,664 | 3,35,73,74,544 | 160x |
Bids on NSE and BSE together, as published by NSE, as of 14 Aug 2025, 07:00 PM. Shares offered exclude the anchor portion. 15% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Regaal Resources's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Orient TechnologiesAug 2024 | 190x | 301x | 66.9x | 152x | ₹218 Cr | +39.8% | +46.8% |
| Mukka ProteinsMar 2024 | 189x | 250x | 58.5x | 137x | ₹224 Cr | +42.9% | +50.9% |
| Stallion India FluorochemicalsJan 2025 | 173x | 422x | 96.9x | 188x | ₹199 Cr | +33.3% | +40.0% |
| GNG ElectronicsJul 2025 | 266x | 228x | 46.8x | 148x | ₹479 Cr | +49.8% | +51.6% |
| Gala Precision EngineeringSep 2024 | 233x | 415x | 91.9x | 201x | ₹168 Cr | +36.3% | +43.1% |
| Unimech Aerospace and ManufacturingDec 2024 | 318x | 264x | 56.7x | 175x | ₹527 Cr | +86.0% | +89.2% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Pantomath Capital Advisors | 19 | +20.0% | 79% |
| Sumedha Fiscal Services | — | — | — |
Offer documents (NSE)
Frequently asked
What is the Regaal Resources IPO price band and lot size? ₹96.0–102 per share, with a lot of 144 shares, so the smallest retail bid is ₹14,688.
How many times has it been subscribed? 160x overall: QIB 191x, NII 357x, retail 57.7x.
How did it list? It opened at ₹141, +38.2% against the issue price of ₹102, and closed its first day +29.0%.
