Business
Regaal Resources IPO Receives 159.8x Subscription On Final Day Of Bidding; Check Latest GMP
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Regaal Resources IPO GMP: Its grey market premium rises to 33.33% as compared with nearly 29% in the previous day, indicating a strong market debut.
Regaal Resources IPO.
Regaal Resources IPO GMP: The initial public offering of Regaal Resources Ltd, which is a maize-based speciality product manufacturer, has been closed today, Thursday, August 14. The price of the Rs 306-crore IPO has been fixed at Rs 102 per share. On the final day of bidding on Thursday, the issue received a 159.87x subscription, garnering bids for 3,35,73,63,312 shares as against the 2,10,00,379 shares on offer.
The retail and NII participation stood at 57.75x and 356.72x, respectively. The QIB category received a 190.96x subscription.
The IPO’s grey market premium on Thursday rose to 33.33% as compared with nearly 29% in the previous day, indicating a strong market debut.
Regaal Resources IPO Price And Lot Size
The price band of the IPO has been fixed at 102 per share.
For investors, the minimum lot size for the IPO is 144. It means investors will have to apply for a minimum of 144 shares or in multiple thereof. So, retail investors require a minimum capital of Rs 13,824 to apply for the IPO.
Regaal Resources IPO Key Dates
The IPO will remain open for public subscription between August 12, 2025, and August 14, 2025. The share allotment will likely be finalised on August 18, and the company is expected to be listed on both BSE and NSE on August 20.
Regaal Resources IPO GMP Today
According to market observers, unlisted shares of Regaal Resources Ltd are currently trading at Rs 136 against the upper IPO price of Rs 517. It means a grey market premium or GMP of Rs 34, which is 33.33% over its issue price, indicating a strong listing for the issue.
The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
Regaal Resources IPO: Should You Apply?
Most brokerages, including Arihant Capital Markets, BNK Securities, BP Equities, Canara Bank Securities, Reliance Securities, SMIF, Swastika Investmart, and Venture Securities, have assigned a ‘subscribe’ tag to the IPO.
Anand Rathi in its IPO note has given a ‘subscribe’ recommendation for the public issue, saying: “On the valuation front, based on annualised FY25 earnings, the company is seeking a P/E of 21.9 times, and a post-issue market capitalisation of approximately ₹10,477 million, making the issue appear fully priced. We believe it has a capital-intensive nature of operations, exposure to Agri cycles, and limited pricing power in a commoditised market. However, its strategic location, diversified customer base, and expanding footprint support long-term scalability. Thus, we assign SUBSCRIBE for LONG TERM rating for this issue.”
Regaal Resources IPO: More Info
Regaal Resources Ltd on Monday mobilised around Rs 92 crore from anchor investors, ahead of the IPO.
The IPO has a fresh issue of shares worth Rs 210 crore and an offer-for-sale of 94.12 lakh shares valued at Rs 96 crore by promoters, at the upper end of the price band. This aggregates the issue size to Rs 306 crore.
Following the issue, the promoters’ stake will reduce to approximately 71 per cent from 100 per cent.
Of the fresh issue proceeds, Rs 159 crore will go towards repayment or pre-payment of certain borrowings.
Regaal Resources operates a zero liquid discharge maize milling facility catering to customers in food products, paper, animal feed and adhesives across India, and in export markets such as Nepal and Bangladesh.

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
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Business
Goldman Sachs is about to report fourth-quarter earnings — here’s what the Street expects
Goldman Sachs CEO David Solomon speaks during an interview at the Economic Club of Washington in Washington, D.C., U.S., Oct. 30, 2025.
Kevin Lamarque | Reuters
Goldman Sachs is scheduled to report fourth-quarter earnings before the opening bell Thursday.
Here’s what Wall Street expects:
- Earnings: $11.67 per share, according to LSEG
- Revenue: $13.79 billion, according to LSEG
- Trading revenue: Fixed income of $2.93 billion, equities of $3.70 billion, per StreetAccount
- Investing banking fees: $2.58 billion, per StreetAccount
Goldman Sachs is set up to be a beneficiary of several trends in the fourth quarter.
Trading desks across Wall Street have benefited in the last year as President Donald Trump’s policies have roiled markets for bonds, currencies, commodities and stocks.
For instance, rival JPMorgan Chase topped expectations for fourth-quarter results on equities and fixed income trading revenue that exceeded the StreetAccount estimate by a combined $460 million.
Global investment banking revenue in the quarter was 12% higher than a year ago, according to Dealogic, which should provide a boost to Goldman’s advisory business.
The firm’s asset and wealth management division should also see gains as stock market levels remained buoyant in the quarter.
Finally, the bank said last week that its deal to offload its Apple Card business to JPMorgan would result in a 46-cents-per-share boost to quarterly results.
This story is developing. Please check back for updates.
Business
After Backlash, Elon Musk Grok To Stop Creating Undressed Images Of Real People On X
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X decision came after facing outrage over the misuse of Grok, where the AI Chatbot was found to be complying with user requests to digitally undress images of real people.
Elon Musk’s Grok can no longer undress images of real people on X. (Representative Image)
Amid the rising concerns over the sexualised AI deepfakes in countries including the UK and US, Elon Musk’s Grok artificial intelligence chatbot will no longer edit “images of real people in revealing clothing” on X, the company confirmed Wednesday evening.
The company’s decision came after facing global outrage over the misuse of Grok, where the AI Chatbot was found to be complying with user requests to digitally undress images of adults and, in some cases, children.
“We have implemented technological measures to prevent the Grok account from allowing the editing of images of real people in revealing clothing such as bikinis. This restriction applies to all users, including paid subscribers,” X wrote via its Safety team account.
Within the last week xAi, which owns both Grok and X, restricted image generation for Grok on X to paying X premium subscribers
CNN reported that it has been observed that in the last few days, Grok’s X account had modified how it responded in general to users’ image generation requests, even for those subscribed to X premium.
United States of America (USA)
January 15, 2026, 08:34 IST
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Business
Elon Musk’s X to block Grok from undressing images of real people
Elon Musk’s AI model Grok will no longer be able to edit photos of real people to show them in revealing clothing, after widespread concern over sexualised AI deepfakes in countries including the UK and US.
“We have implemented technological measures to prevent the Grok account from allowing the editing of images of real people in revealing clothing such as bikinis.
“This restriction applies to all users, including paid subscribers,” reads an announcement on X, which operates the Grok AI tool.
The change was announced hours after California’s top prosecutor said the state was probing the spread of sexualised AI deepfakes, including of children, generated by the AI model.
The update expands measures that stop all users, including paid subscribers, editing images of real people in revealing outfits.
X, formerly known as Twitter, also reiterated in a statement on Wednesday that only paid users will be able to edit images using Grok on its platform.
This will add an extra layer of protection by helping to ensure that those who try and abuse Grok to violate the law or X’s policies are held accountable, it said.
Users who try to generate images of real people in bikinis, underwear and similar clothing using Grok will be stopped from doing so according to the laws of their jurisdiction, X’s statement said.
In a statement on Wednesday, California Attorney General Rob Bonta said: “This material, which depicts women and children in nude and sexually explicit situations, has been used to harass people across the internet.”
Malaysia and Indonesia have blocked access to the chatbot over the images and UK Prime Minister Sir Keir Starmer warned X could lose the “right to self regulate” amid outrage over the AI images.
Britain’s media regulator, Ofcom, said on Monday that it would investigate whether X had failed to comply with UK law over the sexual images.
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