Overview
- Basis of allotment concluded on August 18, with share credits and refunds to be processed by August 19 ahead of the planned August 20 market debut.
- The Rs 306 crore IPO attracted bids totaling over Rs 34,000 crore, resulting in an overall subscription of about 159.88 times.
- Category-wise demand peaked at 190.97 times for QIBs, 356.73 times for NIIs and 57.75 times for retail investors.
- Unofficial grey market premiums of Rs 24–26 per share point to an anticipated listing gain near 25 percent.
- Net proceeds from the fresh issue will largely reduce Regaal’s borrowings and fund expansion of its zero-liquid-discharge maize mill in Bihar.