Regaal Resources shares make stellar debut, list at ₹141, a premium of 38.24% from IPO price
Regaal Resources IPO Listing: Regaal Resources shares made a stellar debut on the bourses on Wednesday, August 20, listing at ₹141 on NSE, a premium of 38.24 per cent to its issue price of ₹102. Meanwhile, on BSE, it listed at ₹141.80, up 39 per cent from the IPO price.
The ₹306 crore IPO witnessed an overwhelming response from investors during its subscription period between August 12 and August 14, achieving an overall subscription of 159.87 times. The issue attracted bids for 335.73 crore shares against the 2.10 crore shares on offer.
Strong demand was led by Non-Institutional Investors (NIIs), whose portion was subscribed 356.72 times. Qualified Institutional Buyers (QIBs) subscribed 190.96 times their quota, while the…
