Regaal Assets IPO: The preliminary public providing of Kolkata-based agro-based firm specialising in maize-based and speciality starch products–Regaal Assets–will open on Tuesday, August 12. The corporate has mounted worth band at Rs 96 to Rs 102 per share for its public concern. The share sale will stay open for subscription till August 14, 2025.
The IPO will comprise a contemporary concern of shares value Rs 210 crore and a proposal on the market (OFS) of 94.12 lakh shares by promoters, valued at about Rs 96 crore on the higher worth band. The full concern dimension is estimated at Rs 306 crore.
Use of proceeds
The corporate intends to utilise Rs 159 crore from the contemporary concern for compensation of debt. The remaining proceeds might be used for common company functions.
Monetary efficiency
In FY25, income from operations rose 52.52 per cent to Rs 915.16 crore in comparison with Rs 600.02 crore in FY24. Revenue after tax greater than doubled, growing to Rs 47.67 crore from Rs 22.14 crore within the earlier 12 months.
Who’re BRLMs, registrar
Pantomath Capital Advisors and Sumedha Fiscal Companies are the book-running lead managers, and Hyperlink Intime India is the registrar of the difficulty. The corporate’s fairness shares are proposed to be listed on the BSE and NSE.
Enterprise overview
Regaal Assets manufactures maize-based starch, specialty starches, food-grade starches, and starch derivatives, with an put in crushing capability of 750 tonnes per day.
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