Regaal Resources IPO Opens 12 Aug - Check GMP, Allotment Status

Regaal Resources Limited is approved for an IPO. Regaal Resources Limited is based in Kolkata, West Bengal (India) and is one of the rising players in the resources and mining sector. The company has above-average growth headroom and is an established player within India's resources sector. Analysts view solid growth potential and revenue upside for this resources sector firm. The price band for this new issue of shares via an IPO is ₹102 per share, a nd investors should view this as an opportunity and a great investment opportunity too, especially given that the company looks to be in an excellent position to service India's growing industrial plant and the rising demand for natural resources.

For now, the Regaal Resources IPO GMP is showing ₹22 (21.57%) premium in the grey market. This shows investors are willing to pay ₹22 above the IPO price, and the investing community looks to be showing interest in this offering. So, the grey market premium offers a further confirmation of investor interest in this resources sector company going public.

IPO Dates for Regaal Resources Limited

The Regaal Resources Limited IPO is set to open on August 12, 2025, and close on August 14, 2025. The Board of Allotment (BoA) date is expected to be August 18, 2025, with listing planned for August 20, 2025.

IPO Details Summary

The minimum bid of retail investors is ₹14,688, which is the cost of 144 shares. Investors are also watching Regaal Resources' IPO's GMP, at a 21.57% premium. The strong demand from investors has already shown significant investor appetite. This is one of the notable IPOs currently expected in the resources and mining industry.

About Regaal Resources Limited

Regaal Resources Limited is a significant resources and mining company that operates out of Kolkata, West Bengal. Regaal Resources claims to be a growing resources player in the industrial context in India. By delivering significant mining services, resource extraction solutions, and industrial materials to its customers operating in manufacturing, infrastructure, industrial, etc., Regaal Resources continues to make its case.

The Company participates in the resources sector through the extraction and processing of natural resources, and mining activities, processing materials, and delivering resource solutions to industrial clients, the service industry, infrastructure developers, and manufacturing companies. The Company has delivered many resources and mining solutions to many clients working in the industrial space and has also served project-based consumers in large-scale operations and small business requirements in different industrial and infrastructure sectors.

As of September 2024, they resolved to continue as a growing resources player in India. Regaal Resources continues to lead in the areas of quality resource extraction and developing mining technologies to build solutions for the evolving industrial needs and segments and shifts in the market, and comply with regulations.

MUFG Intime India Private Limited (Link Intime) is the registrar for the Regaal Resources IPO. The net fresh issue proceeds are intended for capacity expansion, upgrades to mining equipment, development of technology, paying down debts, working capital, and other corporate purposes. Given that the Indian resources and mining sector is growing steadily, it is well-positioned for Regaal Resources will benefit from rising industrial development and increasing infrastructure projects in India.

Financial Performance of Regaal Resources Limited

The company has shown consistent performance in the resources sector, with substantial asset growth in recent periods.

Performance Analysis

Regaal Resources Limited has displayed consistent growth in assets over the years. Assets grew from ₹276.62 Cr in FY22 to ₹699.15 Cr in Sep-24 for an overall increase of 152.8%. Regaal Resources has reported solid performance overall with revenue variation typical of the resources sector, with reported incomes varying from ₹380.38 Cr to ₹601.08 Crreflecting the cyclical nature of the resources business. 

In the context of asset growth, Regaal Resources has achieved considerable growth, having increased total assets from ₹276.62 Cr to ₹699.15 Cr, which represents an increase in operations and resource base. The net worth of the company has grown steadily from ₹86.44 Cr to ₹135.76 Cr, which reflects retained earnings and growth of operations. However, borrowings have also grown during this period from ₹143.49 Cr to ₹426.30 Cr, which indicates a capital-intensive resources sector and a requirement for funding additional growth.

Profit after tax results have shown the variability that would be expected of a company in the resources sector, ranging from ₹12.28 Cr to ₹34.92 Cr and representing the cyclical and project-based nature of the resources sector. In summary, based on our analysis of the financial statement activities, Regaal Resources shows solid asset growth, operational performance,c, and good positioning for future growth during the expansion of industrial and infrastructure activities in India.

IPO Share Reservation

The IPO share allocation follows standard SEBI guidelines: The retail quota is 40%, QIB is 30%, and HNI is 30%.

Strengths

1. Industrial Demand Trends:
Regaal Resources will benefit from the growing demand for natural resources from India's industrial sector, infrastructure development, and increased demand for mining products.

2. Asset Base:
The total asset base increased by ₹422.54 Cr from ₹276.62 Cr to ₹699.15 Cr, demonstrating growth and capacity expansion, reflecting a strong expansion of operations and resource capabilities.

3. Proven Operations:
The company has shown an ability to generate revenue, reported as ₹380.38 Cr in FYE 2022 to ₹601.08 Cr in FYE 2023 — evidence of operational capabilities and market scale.

4. Location Advantages:
The West Bengal location provides a comparative advantage in an emerging regional resource market with good access from resource locations to industrial sites.

5. Industry Cycle:
The company should benefit from India’s cyclical boom in infrastructure development, the growth in manufacturing, and the implementation of industrial expansion.

6. Resource Capability:
The current asset base is a positive indication that the company will continue to look for opportunities to invest in mining and resource extraction from raw materials.

7. GMP:
A GMP of 21.57% demonstrates strong investor confidence and a positive market outlook on Regaal Resources.

8. Expansion Capabilities:
The proceeds of the IPO will allow the company to expand capacity and upgrade technology to improve its operations.

Risks

1. Cyclical Nature:
The resources and mining industry is cyclical in nature and can be impacted by commodity price fluctuations, changes in market demand, and economic cycles, affecting profitability.

2. Regulatory Risk:
The mining and resources sector faces strict environmental regulations, mining permissions, and compliance requirements, posing operational and cost risks.

3. High Debt Levels:
Total borrowings of ₹426.30 Cr indicate a high leverage position, increasing financial risk and interest burden.

4. Commodity Price Volatility:
Resource businesses are exposed to commodity price changes, which can significantly influence revenue and profitability margins.

5. Environmental Compliance:
Mining operations must follow strict environmental compliance and sustainable business practices, which can increase operational costs and regulatory obligations.

6. Capital Intensive Nature:
Like many mining businesses, constant investment in equipment, technology, and operational expansion requires ongoing capital, placing strain on cash flows.

7. Market Competition:
The resources sector may face competition from established mining businesses and new entrants, affecting market share and pricing power.

8. Project Dependency:
Business performance is linked to large infrastructure and industrial projects, creating concentration concerns and potential revenue volatility.

How to Apply for Regaal Resources IPO?

Step-by-step guide (when IPO opens on August 12, 2025):

1. Log in to your broker app (Zerodha, Angel One, Groww, etc.)
2. Go to the IPO section and select the Regaal Resources IPO
3. Click Apply
4. Enter:
   • Lot size (144 shares minimum)
   • Bid price (₹102 or select Cut-Off)
   • Your UPI ID
5. Submit the application
6. Approve the UPI request in your UPI app (PhonePe, GPay, etc.)

⏰ Important: The UPI request must be approved before 5 PM on the same day or before the IPO closes on August 14, 2025.

How to Check Regaal Resources IPO Allotment Status?

You can check the allotment status through NSE/BSE and the registrar portal once the IPO opens.

Check On NSE/BSE

1. Visit the NSE or BSE official website
2. Go to the IPO Allotment Section
3. Select Regaal Resources IPO
4. Enter PAN number or application number
5. Submit details to view the allotment status

Check On the Registrar Portal

1. Visit MUFG Intime India Private Limited website:
2. Select IPO allotment status
3. Choose Regaal Resources IPO
4. Enter PAN or application number
5. Submit to check status

Company Address

Name: Regaal Resources Limited
Address: 6th Floor, D2/2 Block-EP & GP, Sector-V, Kolkata, West Bengal, 700091
Phone: 033 3522 2405
Email: cs@regaal.in
Website: https://regaalresources.com/

IPO Registrar

Name: MUFG Intime India Private Limited (Link Intime)
Phone: +91 22 4918 6270
Email: ipo.helpdesk@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Address: Link Intime India Private Ltd, C 101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai - 400083

Conclusion

Regaal Resources Limited is an interesting investment opportunity in the resources and mining space in India. The business has achieved strong asset growth from ₹276.62 Cr to ₹699.15 Cr and is generating revenue from ₹380.38 Cr to ₹601.08 Cr, indicating its position in India's expanding industrial landscape.

The company is issuing its IPO at ₹102 per share with a strong GMP of 21.57%, reflecting strong market sentiment and investor confidence. The company's substantial asset base and established operations in the resources sector, along with India's growth opportunities related to infrastructure and industrial development, may be a potential advantage for long-term capital appreciation.

Despite the potential advantages, investors should assess the cyclical nature of the resources sector, high level of debt at ₹426.30 Cr, commodity price volatility, and compliance with regulatory requirements as potential risks in this business segment. The capital-intensive nature of business operations and the ongoing environmental compliance will continue to present challenges.

Regaal Resources presents resource sector exposure with established operations and future growth, for investors with any degree of risk tolerance, who are particularly bullish on India's continued growth in industrial and infrastructure investment, while carefully considering the potential sector-related risks.

Disclaimer: This analysis is for educational purposes and not financial advice. Please consult a financial advisor before making investment decisions.

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