Comparison between NSB BPO Solutions IPO and Renol Polychem IPO.
NSB BPO Solutions IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Renol Polychem IPO is a SME Bookbuilding proposed to list at NSE SME.
| NSB BPO Solutions IPO | Renol Polychem IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Inventure Merchant Banker Services Pvt.Ltd. | Corporate Makers Capital Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | Alacrity Securities Ltd. | Asnani Stock Broker Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of NSB BPO Solutions IPO is up to ₹60.92 Cr whereas the issue size of the Renol Polychem IPO is up to ₹24.20 Cr. The final issue price of NSB BPO Solutions IPO is ₹121.00 per share and of Renol Polychem IPO is ₹105.00 per share.
| NSB BPO Solutions IPO | Renol Polychem IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹121.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹140.00 per share | ₹105.00 per share |
| Issue Price (Final) | ₹121.00 per share | ₹105.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1000 shares | 1200 shares |
| Fresh Issue Size | 50,35,000 shares | 23,05,200 shares |
| Fresh Issue Size (Amount) | up to ₹60.92 Cr | up to ₹24.20 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 50,35,000 shares | 23,05,200 shares |
| Issue Size Total (Amount) | up to ₹60.92 Cr | up to ₹24.20 Cr |
NSB BPO Solutions IPO opens on Sep 23, 2025, while Renol Polychem IPO opens on Jul 31, 2025. The closing date of NSB BPO Solutions IPO and Renol Polychem IPO is Oct 07, 2025, and Aug 04, 2025, respectively.
| NSB BPO Solutions IPO | Renol Polychem IPO | |
|---|---|---|
| Anchor Bid Date | Jul 30, 2025 | |
| Issue Open | Sep 23, 2025 | Jul 31, 2025 |
| Issue Close | Oct 07, 2025 | Aug 04, 2025 |
| Basis Of Allotment (Tentative) | Oct 08, 2025 | Aug 05, 2025 |
| Initiation of Refunds (Tentative) | Oct 09, 2025 | Aug 06, 2025 |
| Credit of Share (Tentative) | Oct 09, 2025 | Aug 06, 2025 |
| Listing date (Tentative) | Oct 10, 2025 | Aug 07, 2025 |
| Anchor Lockin End date 1 | Sep 04, 2025 | |
| Anchor Lockin End date 2 | Nov 03, 2025 |
NSB BPO Solutions IPO P/E ratio is 18.6, as compared to Renol Polychem IPO P/E ratio of 11.54.
| NSB BPO Solutions IPO | Renol Polychem IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)NSB BPO Solutions Ltd.'s revenue increased by 8% and profit after tax (PAT) rose by 64% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)Renol Polychem Ltd.'s revenue increased by 859% and profit after tax (PAT) rose by 226% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 45.78 | 99.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 33.63 | 69.11 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 18.6 | 11.54 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹279.62 Cr. | ₹83.41 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 7.92 | 45.37 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 9.42 | 64.18 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.17 | 0.52 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.53 | ₹9.10 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 7.92 | 45.37 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the NSB BPO Solutions IPO Retail Individual Investors (RII) are offered 25,00,000 shares while in Renol Polychem IPO retail investors are offered 25,00,000 shares. Qualified Institutional Buyers (QIB) are offered 53,000 shares in NSB BPO Solutions IPO and 2,56,800 shares in Renol Polychem IPO.
| NSB BPO Solutions IPO | Renol Polychem IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 3,84,000 shares |
| Market Maker Reservation | 2,65,000 shares | 1,48,800 shares |
| QIB | 53,000 shares | 2,56,800 shares |
| NII | 24,82,000 shares | 3,49,200 shares |
| RII | 25,00,000 shares | 13,15,200 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 50,35,000 shares | 23,05,200 shares |
NSB BPO Solutions IPO subscribed 0.76x in total, whereas Renol Polychem IPO subscribed 6.83x.
| NSB BPO Solutions IPO | Renol Polychem IPO | |
|---|---|---|
| QIB (times) | 25.49x | 8.41x |
| NII (times) | 0.79x | 6.89x |
| Big NII (times) | 1.15x | 7.21x |
| Small NII (times) | 0.05x | 6.25x |
| RII (times) | 0.21x | 6.51x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 0.76x | 6.83x |
