Regaal Resources IPO: Subscription, GMP, and 2025 Market Outlook

August 28, 2025 Charan

Regal Resources IPO Day 2 Subscription Status: Allotment Chances & GMP Update

Welcome! This article provides a detailed look at the Regal Resources IPO’s subscription status after the second day. We will discuss the chances of allotment across different categories, especially considering the strong subscription by High Net Worth Individuals (HNIs). Additionally, we will cover the latest Grey Market Premium (GMP) and what it suggests for a potential listing strategy. Stay connected for daily IPO and Grey Market Premium updates.

Regal Resources IPO – Key Information

The Regal Resources IPO opened on August 12th and is set to close on August 14th, which is the final day for applications. As of August 13th, two days of the application period have already concluded. If allotted, shares with a face value of ₹5 will be allocated at the upper price band of ₹12. Investors applying for 144 equity shares per lot will be eligible for allotment.

The total issue size for this IPO is approximately ₹360 Crore. Out of this, ₹210 Crore is directly going to the company, primarily for debt repayment. It’s noted that the company has significant debt, which should be kept in observation. The remaining ₹96 Crore is an Offer for Sale (OFS), where promoters and existing shareholders will receive the funds.

The issue size is distributed as follows: 50% for Qualified Institutional Buyers (QIBs), 35% for Retail Investors, and 15% for High Net Worth Individuals (HNIs). While retailers have a 35% allocation, the overall smaller issue size and high subscription numbers may slightly reduce individual allotment chances.

Minimum Application Amounts:

Retail Investors: ₹14,688 (for one lot)
Small HNI Category: ₹2,05,632
Big HNI Category: ₹13,47,072

Promoter Holding: Before the IPO, the promoter holding was 100%. Post-IPO, the promoter holding is expected to be approximately 70.45%, or around 70%.

Regal Resources IPO – Important Dates

Here are the key dates for the Regal Resources IPO:

Allotment Status: August 18th
Refunds Initiated: August 19th (for non-allotted applications)
Demat Account Credit: August 19th
Listing Date: August 20th (on both BSE and NSE)

Regal Resources IPO Day 2 Subscription Status

Let’s look at the subscription figures as of the end of Day 2:

Anchor Investors:

8,99,856 equity shares were offered to Anchor Investors.
A value of approximately ₹92 Crore has already been allocated.

Qualified Institutional Buyers (QIBs):

The QIB portion has been subscribed 3.30 times.
Against 60 lakh equity shares offered, bids for 1 crore 98 lakh equity shares, valued at roughly ₹202 Crore, have been received. (Day 1: 2.94 times subscribed)

High Net Worth Individuals (HNIs):

The HNI category has shown a robust response, subscribed 66 times in total. (Day 1: 11 times subscribed)
For 45 lakh equity shares, bids for 2 crore 97 lakh equity shares, amounting to approximately ₹329 Crore, have been placed.
- Big HNI Category: Subscribed 62.77 times. (Day 1: ~10 times subscribed)
  - For 30 lakh equity shares, bids for 1 crore 88 lakh 30 thousand equity shares, valued at around ₹1920 Crore, were received.
- Small HNI Category: Subscribed 72.49 times. (Day 1: ~12 times subscribed)
  - For 15 lakh equity shares, bids for 1 crore 8 lakh 73 thousand 972 equity shares, valued at approximately ₹119 Crore, were received.

Retail Investors:

The Retail Investor portion has been subscribed 21.56 times. (Day 1: ~5.5 times subscribed)
Against 1 crore 5 lakh equity shares offered, bids for 2 crore 26 lakh equity shares, totaling around ₹238 Crore, have been received.

Total Subscription:

Overall, the IPO has been subscribed 25.87 times. (Day 1: ~6 times subscribed)
Against 2 crore 10 lakh equity shares, bids for 5 crore 43 lakh equity shares, valued at approximately ₹5540 Crore, were received.
More than 13 lakh applications have been received for this IPO so far.

The strong subscription figures, especially the jump from Day 1 to Day 2 across all categories (e.g., HNI from 11x to 66x, Retail from 5.5x to 21.5x), indicate a very positive response to the IPO.

Regal Resources IPO – Allotment Chances

Based on the subscription figures after Day 2:

Highest Allotment Chance: The Big HNI category currently offers the highest chance of allotment.
Lowest Allotment Chance: The Small HNI category has the lowest chance of allotment due to its exceptionally high subscription rate (72 times).
Second Highest Allotment Chance: Retail investors have the second-highest chance of allotment.

Strategy for Retail Investors: If you are planning to apply in the retail category and wish to increase your chances of allotment, it is recommended to apply one lot from each family member’s Demat account. This strategy can significantly improve your odds.

Regal Resources IPO – Grey Market Premium (GMP)

The latest Grey Market Premium (GMP) for Regal Resources IPO is currently trading around ₹32, with a range between ₹30 and ₹32. This suggests an expected listing gain of approximately 30% to 31%. Based on this GMP, the estimated listing price is in the range of ₹4300 to ₹4600. Any future changes in the GMP will be updated promptly.

Conclusion

The Regal Resources IPO has received a positive and strong response across all investor categories, with significant oversubscription by the end of Day 2. This robust demand indicates a good chance for listing gains. Stay tuned for further updates on the IPO’s progress. For any questions or doubts, feel free to ask in the comments section.