The Indian IPO market is bustling with activity as Regaal Resources Limited, an agro-based company specializing in maize-based starch and specialty starch products, opens its ₹306 crore mainboard IPO today, August 12, 2025. Priced at ₹96 to ₹102 per share, the IPO will remain open for subscription until August 14, 2025, with a tentative listing date of August 20, 2025, on the BSE and NSE. Alongside this, the SME segment is witnessing significant action, with Mahendra Realtors & Infrastructure’s ₹49.45 crore IPO also opening today, offering diverse investment opportunities for market participants. financialexpress.com
In the SME segment, Mahendra Realtors & Infrastructure’s IPO, priced at ₹75–₹85 per share, opened concurrently today and will close on August 14, 2025. The ₹49.45 crore issue, comprising a fresh issue of 47.26 lakh shares and an OFS of 10.91 lakh shares, aims to fund working capital and corporate expenses. The company, which specializes in structural repairs, retrofitting, and construction, reported a 22% revenue increase to ₹128.69 crore and a 28% rise in net profit to ₹14.87 crore in FY25. Its GMP of ₹6 suggests a listing price of ₹91, a 7.06% premium, making it a compelling option for SME investors. The IPO is set to list on the NSE SME platform on August 20, 2025. ipocentral.in
The simultaneous launch of Regaal Resources and Mahendra Realtors highlights the diversity of India’s IPO market. While Regaal Resources appeals to investors seeking exposure to the agro-processing sector, Mahendra Realtors attracts those interested in infrastructure and real estate services. Other SME IPOs, such as ANB Metal Cast, which closes today, August 12, have seen subdued interest, with a subscription of just 0.31 times as of August 7. This contrast reflects varied investor sentiment, with posts on X noting that some SME IPOs have achieved subscriptions as high as 300x, while others struggle due to market volatility and selective participation. X Post
Analysts suggest that Regaal Resources’ established market presence and diversified product portfolio make it a stable investment, though its agro-based operations face commodity price risks. Meanwhile, Mahendra Realtors’ strong government contracts and financial growth position it well in the SME space, though its reliance on public sector projects is a noted concern. Pantomath Capital Advisors and Sumedha Fiscal Services manage Regaal’s IPO, while Fast Track Finsec Pvt Ltd oversees Mahendra Realtors’ offering, with MUFG Intime India Pvt Ltd as the registrar for both.
Investors looking to participate in these IPOs can track real-time subscription statuses and allotment details on platforms like IPOwatch or linkintime.co.in. With a crowded IPO calendar, including mainboard offerings like BlueStone Jewellery and JSW Cement, investors are advised to evaluate company fundamentals, market conditions, and sector-specific risks before subscribing.
Disclaimer: Investors should consult financial advisors before making investment decisions. Mainboard and SME IPOs carry risks, including market volatility and sector-specific challenges. Grey market premiums are unofficial and not a reliable indicator of listing performance.
