Renol Polychem IPO
GMP, Subscription, Price, Dates & Financial Details
Incorporated in January 2008 and headquartered in Rajkot, India, Renol Polychem Limited is a specialized manufacturer and supplier of colour masterbatches, plastic masterbatches, additives, industrial chemicals, impact modifiers, and plastic pigments. The company serves a wide range of industries…
Open Date
Thu, 31 Jul 2025
Close Date
Mon, 04 Aug 2025
Price Band
₹ 100 – 105
Lot Size
2400
Issue Size
₹ 25.77 Cr
Minimum Investment
₹ 504,000 (4800 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Renol Polychem IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹25.77 Crore, comprising a fresh issue of 24.54 Lakh equity shares aggregating to ₹25.77 Crore.
The Renol Polychem IPO remained open for subscription from July 31, 2025, to August 04, 2025. The basis of allotment was finalized on August 05, 2025, and the company's shares were listed on NSE SME Platform on August 07, 2025.
The company had fixed the price band at ₹100 to ₹105 per share, with a lot size of 2400 shares. Retail investors were required to make a minimum investment of ₹504,000 (based on the upper price band) to apply for one lot.
Skyline Financial Services Private Ltd served as the registrar to the issue. Corporate Makers Capital Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Renol Polychem Ltd is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Renol Polychem IPO Timeline (Tentative)
- IPO Open Date
- Thu, 31 Jul 25
- IPO Close Date
- Mon, 04 Aug 25
- Basis of Allotment
- Tue, 05 Aug 25
- Initiation of Refunds
- Wed, 06 Aug 25
- Credit of Shares to Demat
- Wed, 06 Aug 25
- Listing Date
- Thu, 07 Aug 25 — NSE & BSE
Open Date
31 July 2025
Close Date
04 August 2025
Basis Of Allotment
05 August 2025
Listing Date
07 August 2025
IPO Subscription
Check Live Subscription →The Renol Polychem IPO has received bids for 1,32,86,400 shares against 19,21,200 shares offered, resulting in an overall subscription of 6.92x. the NII category is subscribed 7.31x, Retail Investors 6.52x, and QIBs 8.41x. Within the NII category, BNII is subscribed 4.79x, while SNII is subscribed 6.25x.
QIB
8.41x
NII
7.31x
BNII
4.79x
SNII
6.25x
RII
6.52x
Total
6.92x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 13,15,200 shares, representing 68.45% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 2,56,800 shares (13.37%), while Non-Institutional Investors (NIIs) receive 3,49,200 shares (18.18%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 256,800 | 13.37% |
| Non-Institutional | 349,200 | 18.18% |
| BNII | 381,600 | 19.86% |
| SNII | 116,400 | 6.06% |
| Retail Investors | 1,315,200 | 68.45% |
| Total | 1,921,200 | 100% |
Financials Details(₹ in Crores)
| Particular | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 24.57 | 15.49 | 10.28 | 6.69 |
| Revenue | 29.03 | 6.52 | 41.86 | 26.8 |
| Profit After Tax | 2.2 | 1.53 | 0.73 | 0.16 |
| Net Worth | 10.89 | 8.69 | 2.71 | 1.88 |
| Reserve & Surplus | 5.4 | 3.2 | 0 | 0 |
| Total Borrowings | 9.07 | 2.58 | 5.36 | 3.8 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Renol Polychem Ltd KPI Information
| Particular | Mar-25 |
|---|---|
| ROE % | 27.5 |
| ROCE % | 37.42 |
| Debt / Equity | 0.3 |
| RoNW % | 27.5 |
| Pat Margin % | 23.78 |
Peers Comparison
No Peer Comparision Available
About Renol Polychem Ltd
Incorporated in January 2008 and headquartered in Rajkot, India, Renol Polychem Limited is a specialized manufacturer and supplier of colour masterbatches, plastic masterbatches, additives, industrial chemicals, impact modifiers, and plastic pigments. The company serves a wide range of industries with a strong emphasis on product innovation, performance enhancement, and customer satisfaction.
Product Portfolio
Renol Polychem offers a broad spectrum of polymer solutions designed for diverse plastic processing applications, including moulding, extrusion, and film production:
1. Colour Masterbatches
- A vibrant range including: Green, Red, Yellow, Orange, Pink, Blue, Brown, Violet, Ivory, White, Maroon, Silver, Multicolor, and Black.
- Custom formulations designed for precise colour performance across applications.
2. Filler Masterbatches
- Transparent Plastic Filler Masterbatches for aesthetic clarity.
- Talc- and Calcium Carbonate-based fillers that improve cost efficiency and mechanical strength in plastics.
3. Additive Masterbatches
- UV Stabilizers
- Antioxidants
- Slip & Anti-block Agents
- Processing Aids
- Flame Retardants
These are engineered to improve the durability, stability, and processability of plastic products.
4. Polymer Compounds & Pigments
- High-performance pigments for enhanced coloration.
- Polymer modifiers that increase strength, flexibility, and impact resistance—particularly for UPVC and CPVC pipes, pipe fittings, and similar plastic applications.
Industries Served
Renol Polychem's products are used extensively across sectors such as:
- Plastic Packaging (Flexible & Rigid)
- Automotive Components
- Household & Consumer Goods
- Electrical & Electronics
- Textiles & Fibers
- Agricultural Films & Pipes
Competitive Advantages
- Experienced Leadership: Led by a seasoned management team with deep domain expertise.
- Diverse Product Line: Broad and customizable offerings that cater to varied client needs.
- Strong Client Relations: Trusted partnerships with long-standing customers and vendors.
- Robust Infrastructure: An established and quality-focused manufacturing facility ensuring consistent output and innovation.
As of September 30, 2024, Renol Polychem employs 24 individuals, including directors and staff across operations, R&D, and support roles. The company emphasizes employee well-being, safety, and continuous development as part of its long-term growth strategy.
Renol Polychem IPO Promoters
- Mr. Bhaveshbhai Mansukhbhai Harsoda
- Mr. Naitik Bhaveshbhai Harshoda
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
69.11%
Renol Polychem IPO Objective
The Company Renol Polychem IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Capital Expenditure in requirements for the purchase of Machinery
- Repayment of certain borrowings
- To meet out the Working Capital Requirements
- General Corporate Purposes
Renol Polychem Ltd Address / Contact Details
Renol Polychem Limited
307, Sanskar Heights NR RA
Circle 150 FT Ring RD,
Mavdi,Rajkot,
Gujarat, 360004
Phone: +91- 9723780726
Email: compliance@renolpolychem.com
Website: https://www.renolpolychem.com/
IPO Snapshot
Renol Polychem IPO Lot Size
The Renol Polychem IPO has a lot size of 2,400 shares. Retail investors require a minimum investment of ₹2,52,000 by applying for 2 lot (2,400 shares). The maximum application allowed for the retail category is 2 lots (2,400 shares), requiring an investment of ₹2,52,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 252,000.00 |
| Retail (Max) | 2 | 2,400 | 252,000.00 |
| S-HNI (Min) | 3 | 3,600 | 378,000.00 |
| S-HNI (Max) | 7 | 8,400 | 882,000.00 |
| B-HNI (Min) | 8 | 9,600 | 1,008,000.00 |
Issue Reservation
- QIB — 13.37%
- NII — 18.18%
- RII — 68.45%
Book Running Lead Managers
- Corporate Makers Capital Limited
IPO Documents & Links
Explore More IPOs
Currently Open
Coming Up Next
Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Renol Polychem IPO?
Renol Polychem IPO is a Book-building IPO with a total issue size of ₹25.77 crore. The Renol Polychem IPO price band is ₹100 to 105 per share. The Renol Polychem IPO subscription opens on Thu, Jul 31, 2025, and closes on Mon, Aug 4, 2025. The Renol Polychem IPO will be listed on the NSE. Skyline Financial Services Private Ltd is the registrar for the Renol Polychem IPO.
When will the Renol Polychem IPO open for subscription?
The Renol Polychem IPO opens on Thu, Jul 31, 2025 and closes on Mon, Aug 4, 2025
What is Renol Polychem IPO Price Band?
Renol Polychem IPO Price Band is ₹100 to 105 per share.
What is Renol Polychem IPO Lot Size?
Renol Polychem IPO lot size is 2400 shares, Retail investors need a minimum investment of ₹504000 based on the upper price band
What is the minimum investment for Renol Polychem IPO?
The minimum investment for Renol Polychem IPO is ₹504000, based on one lot of 2400 shares at the upper price band of ₹105 per share.
How to apply for Renol Polychem IPO?
Investors can apply for the Renol Polychem IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Aug 4, 2025. The application amount remains blocked until the Renol Polychem IPO allotment is finalized.
What is Renol Polychem IPO Issue Size?
Renol Polychem IPO issue size is ₹25.77 crores.
What is the Renol Polychem IPO Allotment Date?
Renol Polychem IPO allotment date is Tue, Aug 5, 2025.
Who is the Renol Polychem IPO Registrar?
The registrar for Renol Polychem IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Renol Polychem IPO allotment status, refund processing, and other IPO-related information.
What is the Renol Polychem IPO GMP?
The Renol Polychem IPO GMP (Grey Market Premium) is ₹3 as of Thu, Aug 7, 2025. Based on the upper price band of ₹105 per share, the estimated Renol Polychem IPO listing price is ₹108, indicating a potential listing gain of approximately 2.86% over the issue price.
Who is the Renol Polychem IPO Lead Manager?
The book-running lead managers (BRLMs) for the Renol Polychem IPO are Corporate Makers Capital Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Renol Polychem IPO Red Herring Prospectus (RHP).