Mumbai, Aug. 18 -- The initial public offer of Regaal Resources received bids for 3,35,73,74,544 shares as against 2,09,99,664 shares on offer. The issue was subscribed 159.88 times.

The Non-Institutional Investors (NIIs) category was subscribed 356.73 times. The Qualified Institutional Buyers (QIBs) category was subscribed 190.97 times. The Retail Individual Investors (RIIs) category was subscribed 57.75 times.

The issue opened for bidding on 12 August 2025 and it closed on 14 August 2025. The price band of the IPO is fixed between Rs 96 and 102 per share.

The company proposes to utilize the net proceeds from the issue towards repayment and/or prepayment, in full or in part, of its certain outstanding borrowings availed by the company...