Regaal Resources Limited - IPO

Incorporated in 2012, Regal Resources Limited manufactures maize specialty products in India, with a crushing capacity of 750 tonnes per day.

The company manufactures the following products:-

• Maize starch and modified starch – a natural plant-based starch from maize.
• Co-products –include gluten, germ, enriched fiber and fibre; and
• Food grade starches: maize flour, icing sugar, custard powder, baking powder.

The manufacturing unit is located in Kishanganj, Bihar, spanning 47.92 acres with zero liquid discharge. 

The company exports its products to Nepal and Bangladesh.

The company caters to domestic and international customers across diverse industries including food products, paper, animal feed, and adhesives.

The company's model caters to three customer segments:

1. End product manufacturers,
2. Intermediate product manufacturers and
3. Distributors/wholesale traders.

The company's clients include Emami Paper Mills Limited, Manioca Food Products Private Limited, Century Pulp & Paper, Kush Proteins Private Limited, Shri Guru Oil Industries, Mayank Cattle Food Limited, Aarnav Sales Corporation, AMV Sales Corporation, Eco Tech Papers, Genus Paper Board Private Limited, Krishna Tissues Private Limited, Maruti Papers Private Limited, and M/s Vasu and Sons.

The company also has four warehouses with an installed capacity of 65,000 tonnes of maize.

As of October 31, 2024, the company employed 453 people in various departments.

Competitive Strength

• Strategic advantage of the manufacturing facility near raw materials and consumption markets.
• Efficient procurement strategy aided by multifaceted raw material sourcing avenues.
• Diversified product portfolio serving various industries, well-positioned to leverage industry trends.
• Established and widespread sales and distribution network.
• Experienced promoters and management.