Regaal Resources IPO, Aug. 12 -- The initial public offering (IPO) of Regaal Resources sailed through on the first day of the bidding process on Tuesday, August 12, amid solid demand from all categories of investors, positive brokerage views and a robust grey market premium (GMP).

Investors can apply for the mainboard IPO till Thursday, August 14.

Regaal Resources IPO was booked 5.94 times at the end of the first day of the bidding process today. The retail portion of the IPO was subscribed 5.58 times, the non-institutional investor (NII) portion was booked 10.77 times, while the qualified institutional buyer (QIB) portion garnered 2.94 times bids.

Overall, Regaal Resources IPO received bids for 12,47,21,568 shares as against 2,09,99,6...