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Renol Polychem IPO is a book build issue of ₹25.77 crores. The issue is entirely a fresh issue of 0.25 crore shares of ₹25.77 crore.
Renol Polychem IPO bidding started from Jul 31, 2025 and ended on Aug 4, 2025. The allotment for Renol Polychem IPO was finalized on Aug 5, 2025. The shares got listed on NSE SME on Aug 7, 2025.
Renol Polychem IPO price band is set at ₹105.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,40,000.00 (2,400 shares). The minimum lot size investment for HNI is 3 lots (3,600 shares), amounting to ₹3,78,000.
Corporate Makers Capital Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Asnani Stock Broker Pvt.Ltd..
Refer to Renol Polychem IPO RHP for detailed Information.
| IPO Date | July 31, 2025 to August 4, 2025 |
| Listing Date | August 7, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹100 to ₹105 per share |
| Issue Price Final | ₹105 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 24,54,000 shares (aggregating up to ₹25.77 Cr) |
| Reserved for Market Maker | 1,48,800 shares Asnani Stock Broker Pvt.Ltd. (aggregating up to ₹1.56 Cr) |
| Net Offered to Public | 23,05,200 shares (aggregating up to ₹24.20 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 54,90,000 shares |
| Share Holding Post Issue | 79,44,000 shares |
Renol Polychem IPO offers total 24,54,000 shares. Out of which 6,40,800 (26.11%) allocated to QIB, 2,56,800 (10.46%) allocated to QIB (Ex- Anchor), 3,49,200 (14.23%) allocated to NII, 13,15,200 (53.59%) allocated to RII and 3,84,000 (15.65%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,48,800 (6.06%) |
| QIB Shares Offered | 6,40,800 (26.11%) |
| − Anchor Investor Shares Offered | 3,84,000 (15.65%) |
| − QIB (Ex. Anchor) Shares Offered | 2,56,800 (10.46%) |
| NII (HNI) Shares Offered | 3,49,200 (14.23%) |
| − bNII > ₹10L | 2,32,800 (9.49%) |
| − sNII < ₹10L | 1,16,400 (4.74%) |
| Retail Shares Offered | 13,15,200 (53.59%) |
| Total Shares Offered | 24,54,000 (100.00%) |
Renol Polychem IPO raises ₹4.03 crore from anchor investors. Renol Polychem IPO Anchor bid date is July 30, 2025. Renol Polychem IPO Anchor Investors list
| Bid Date | July 30, 2025 |
| Shares Offered | 3,84,000 |
| Anchor Portion Size (In Cr.) | 4.03 |
| Anchor lock-in period end date for 50% shares (30 Days) | September 4, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | November 3, 2025 |
Renol Polychem IPO opens on July 31, 2025, and closes on August 4, 2025.
| IPO Open Date | Thu, Jul 31, 2025 |
| IPO Close Date | Mon, Aug 4, 2025 |
| Tentative Allotment | Tue, Aug 5, 2025 |
| Initiation of Refunds | Wed, Aug 6, 2025 |
| Credit of Shares to Demat | Wed, Aug 6, 2025 |
| Tentative Listing Date | Thu, Aug 7, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Aug 4, 2025 |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,52,000 |
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,52,000 |
| S-HNI (Min) | 3 | 3,600 | ₹3,78,000 |
| S-HNI (Max) | 7 | 8,400 | ₹8,82,000 |
| B-HNI (Min) | 8 | 9,600 | ₹10,08,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2008, Renol Polychem Limited is a manufacturer and supplier specializing in colour masterbatches, plastic masterbatches, industrial chemicals, impact modifiers, plastic pigments, and more.
Their product range includes various color masterbatches such as green, red, yellow, orange, pink, blue, brown, violet, ivory, white, maroon, silver, multicolor, and black, as well as transparent plastic filler masterbatches.
The company offers all-in-one additives, including stabilisers, impact modifiers, and colour pigments, to assist manufacturers of UPVC, CPVC pipes, pipe fittings, and other plastic products.
Renol Polychem Limited offers a wide variety of masterbatches and polymer solutions, including:
The company's products find application in industries such as plastic packaging (flexible and rigid), Automotive Components, Household & Consumer Goods, Electrical & Electronics, Textiles & Fibers and Agricultural Films & Pipes.
As of September 30, 2024, the company had 15 employees in various departments.
Competitive Strength:
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.
| Period Ended | 31 May 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 25.86 | 23.41 | 15.49 | 10.28 |
| Total Income | 12.02 | 62.56 | 6.52 | 41.86 |
| Profit After Tax | 1.14 | 5.00 | 1.53 | 0.73 |
| EBITDA | 1.60 | 7.07 | 2.18 | 1.14 |
| Net Worth | 14.47 | 13.33 | 8.69 | 2.71 |
| Reserves and Surplus | 8.98 | 7.84 | 3.20 | |
| Total Borrowing | 5.28 | 6.95 | 2.58 | 5.36 |
| Amount in ₹ Crore | ||||
The market capitalization of Renol Polychem IPO is ₹83.41 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 45.37% |
| ROCE | 64.18% |
| Debt/Equity | 0.52 |
| RoNW | 45.37% |
| PAT Margin | 8.02% |
| EBITDA Margin | 11.36% |
| Price to Book Value | 4.32 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 9.10 | 8.62 |
| P/E (x) | 11.54 | 12.18 |
The Company Renol Polychem IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Capital Expenditure in requirements for the purchase of Machinery | 5.60 |
| 2 | Repayment of certain borrowings | 1.00 |
| 3 | To meet out the Working Capital Requirements | 15.15 |
| 4 | General Corporate Purposes | 0.96 |
[Dilip Davda] RPL is engaged in manufacturing of colour masterbatches, pigments, and related products. The company posted growth in its top lines for the reported periods. Boosted profits from FY24 onwards raises eyebrows and concern over its sustainability. Based on its recent financial data, the issue appears fully priced. Small paid-up equity capital post IPO indicates longer gestation for migration. Well-informed/cash surplus investors may park moderate funds for medium term. Read detail review...
| Listing Date | August 7, 2025 |
| BSE Script Code | |
| NSE Symbol | RNPL |
| ISIN | INE0VZX01015 |
| Final Issue Price | ₹105 per share |
| NSE Listing Group | ST |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹105.00 |
| Open | ₹105.00 |
| Low | ₹99.75 |
| High | ₹105.00 |
| Last Trade | ₹99.75 |
Renol Polychem Ltd.
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/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Renol Polychem IPO is a SME IPO of 24,54,000 equity shares of the face value of ₹10 aggregating up to ₹25.77 Crores. The issue is priced at ₹105 per share. The minimum order quantity is 1200.
The IPO opens on July 31, 2025, and closes on August 4, 2025.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Renol Polychem IPO using UPI as a payment gateway. Zerodha customers can apply in Renol Polychem IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Renol Polychem IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Renol Polychem IPO opens on July 31, 2025 and closes on August 4, 2025.
Renol Polychem IPO lot size is 1200, and the minimum amount required for application is ₹2,52,000, with 2 lots being the minimum application size.
You can apply in Renol Polychem IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Renol Polychem IPO will be done on Tuesday, August 5, 2025, and the allotted shares will be credited to your demat account by Wednesday, August 6, 2025. Check the Renol Polychem IPO allotment status.
The Renol Polychem IPO listing date is on Thursday, August 7, 2025.
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