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Kolkata-based agro company files DRHP for IPO

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..... Kolkata-based agro company files DRHP for IPO - PTI News Dated:- 2-1-2025 PTI - News - Kolkata-based agro company files DRHP for IPO - - - Dated:- 2-1-2025 - Kolkata, Jan 2 (PTI) Kolkata-based agro-ba .....

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..... sed company Regaal Resources Ltd has filed its draft red herring prospectus (DRHP) with market regulator SEBI to raise funds through an initial public offering (IPO). The IPO comprises a fresh issue o .....

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..... f shares worth up to Rs 190 crore and an offer-for-sale of up to nine million equity shares by the promoter. Proceeds from the fresh issue worth Rs 147 crore will be utilised for repayment and pre-pay .....

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..... ment of borrowings and general corporate purposes. Regaal Resources, one of the manufacturers of maize-based starch, specialty starches, food-grade starches and starch derivative products in India, ha .....

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..... s an installed crushing capacity of 750 tonnes per day. The company reported a revenue from operations increased by 22.97 per cent to Rs 600 crore in FY24, due to an increase in sales of manufactured .....

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..... and traded goods. Pantomath Capital Advisors and Sumedha Fiscal Services are the book-running lead managers, while Link Intime India is the registrar of the issue. The equity shares are proposed to be .....

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..... listed on NSE and BSE. PTI BSM NN - - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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