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Gaurav Narendra Puri

9th Sep · SEBI-Registered Analyst

Shares of Regaal Resources make a spectacular debut, listing for 141 naira, 38.24% higher than the IPO price.

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Regaal Resources IPO Listing: On Wednesday, August 20, Regaal Resources shares made a spectacular debut on the stock exchanges, listing at ₹141 on the NSE, which is 38.24% higher than the company's issue price of ₹102. In contrast, it listed at ₹141.80 on the BSE, up 39% from the IPO price. During the August 12–14 subscription period, investors responded overwhelmingly to the ₹306 crore IPO, with an aggregate subscription rate of 159.87 times. In contrast to the 2.10 crore shares available, offers for 335.73 crore shares were received.

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