Bookbuilding IPO | ₹26 Cr | Listed at NSE SME | Thu, Jul 31, 2025 - Mon, Aug 4, 2025
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 per share. The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,52,000 (2,400 shares) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Jul 31, 2025
IPO Close
Mon, Aug 4, 2025
Issue Price
₹105 per share
Market Cap (Pre-IPO)
₹83.41 Cr
| IPO Date | 31 Jul to 4 Aug, 2025 |
| Listed on | Thu, Aug 7, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹100 to ₹105 |
| Issue Price | ₹105 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 24,54,000 shares (agg. up to ₹26 Cr) |
| Reserved for Market Maker | 1,48,800 shares Asnani Stock Broker Pvt.Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 23,05,200 shares (agg. up to ₹24 Cr) |
| Net Offered to Public | 23,05,200 shares (agg. up to ₹24 Cr) |
| Share Holding Pre Issue | 54,90,000 shares |
| Share Holding Post Issue | 79,44,000 shares |
| NSE Symbol | RNPL |
| ISIN | INE0VZX01015 |
Renol Polychem IPO comprises a total issue size of 24,54,000 shares. The net offer to the public is 23,05,200 shares, after excluding 1,48,800 shares allotted on a firm basis. Of the Net offer 6,40,800 (27.80%) are allocated to QIB, 3,49,200 (15.15%) allocated to NII 13,15,200 (57.05%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 6,40,800 | 27.80% | 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 | 15.15% | 14.23% |
| − bNII > ₹10L | 2,32,800 | 9.49% | |
| − sNII < ₹10L | 1,16,400 | 4.74% | |
| Retail Shares Offered | 13,15,200 | 57.05% | 53.59% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,48,800 | 6.06% | |
| Total Shares Offered | 24,54,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,52,000 |
| Individual investors (Retail) (Max) | 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 |
Renol Polychem IPO raises ₹4.03 crore from anchor investors. Renol Polychem IPO Anchor bid date is July 30, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Wed, Jul 30, 2025 |
| Shares Offered | 3,84,000 |
| Anchor Portion (₹ Cr.) | 4.03 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Sep 4, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Nov 3, 2025 |
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 Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
| KPI | Mar 31, 2025 |
|---|---|
| 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 (₹) | 9.10 | 8.62 |
| P/E (x) | 11.54 | 12.18 |
| Promoter Holding | 99.99% | 69.11% |
| Market Cap | ₹83.41 Cr. |
The Renol Polychem IPO is subscribed 6.83 times on August 4, 2025 6:19:04 PM (Day 3). The public issue subscribed 6.51 times in the individual investors category, 8.41 times in the QIB category, and 6.89 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 8.41 | 2,56,800 | 21,60,000 | 4 |
| NII* | 6.89 | 3,49,200 | 24,04,800 | 288 |
| bNII (> ₹10L) | 7.21 | 2,32,800 | 16,77,600 | |
| sNII (< ₹10L) | 6.25 | 1,16,400 | 7,27,200 | |
| Individual Investor | 6.51 | 13,15,200 | 85,60,800 | 3,567 |
| Total | 6.83 | 19,21,200 | 1,31,25,600 | 3,860 |
Total Applications: 3,860
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manger Fees, Fees Payable to Registrar to the Issue, Fees Payable to Statutory Auditor, Legal Advisors and other Professionals | 0.35 |
| 2 | Underwriting Commission, Brokerage and selling commission | 2.58 |
| 3 | Fees Payable for Advertising and Publishing Expenses, Payment for Printing & Stationery, Postage, etc. | 0.04 |
| 4 | Fees Payable to Regulators including Stock Exchanges | 0.04 |
| 5 | Others (Commission/processing fee for SCSBs, Sponsor Bank and Banker(s) to the Issue and brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, and CDPs and Miscellaneous Expenses) | 0.06 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹105.00 |
| Open | ₹105.00 |
| Low | ₹99.75 |
| High | ₹105.00 |
| Last Trade | ₹99.75 |
Lead Manager Reports
Renol Polychem IPO is a SME IPO of 24,54,000 equity shares of the face value of ₹10 aggregating up to ₹26 Crores. The issue is priced at ₹105 per share. The minimum order quantity is 1200.
The IPO opens on Thu, Jul 31, 2025, and closes on Mon, Aug 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 Thu, Jul 31, 2025 and closes on Mon, Aug 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 Wed, Aug 6, 2025. Check the Renol Polychem IPO allotment status.
The Renol Polychem IPO listing date is on Thu, Aug 7, 2025.
