Renol Polychem IPO Details: Renol Polychem Limited is launching its IPO on July 31, 2025, with the issue closing on August 4, 2025. This is a book-built issue aimed at raising approximately ₹25.77 crores, entirely through a fresh issue of shares. There is also a provision for an Offer for Sale (OFS) of up to [•] equity shares with a face value of ₹10 each.
The price band for the Renol Polychem IPO is set between ₹100 to ₹105 per share. The allocation quota includes 50% for Qualified Institutional Buyers (QIBs), 15% for High Net-Worth Individuals (HNIs), and 35% for retail investors. The IPO is proposed to be listed on the NSE, with the tentative listing date set for August 7, 2025. The allotment date is likely to be finalized on August 5, 2025.
From a financial perspective, Renol Polychem reported a revenue of ₹6.52 crores in FY2024, a notable decline from ₹41.86 crores in FY2023. However, the company’s net profit increased to ₹1.53 crores in FY2024, up from ₹0.73 crores in FY2023, reflecting improved profitability. Given the financials, the IPO appears suitable for long-term investors seeking growth potential.
Renol Polychem IPO Objectives:
- 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 IPO Review (Apply or Not)
- Update soon
Renol Polychem IPO Date & Price Band Details:
| IPO Open Date: | July 31, 2025 |
| IPO Close Date: | August 4, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹100 to ₹105 Per Share |
| Issue Size: | Approx ₹25.77 Crores |
| Fresh Issue: | Approx ₹25.77 Crores |
| Lot Size: | 1,200 Shares |
| Issue Type: | Book Build Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Renol Polychem IPO Lot Size:
The minimum market lot for the Renol Polychem IPO is 2,400 shares, requiring a total application amount of ₹2,52,000 for retail investors.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ₹2,52,000 |
| Retail Maximum | 2 | 2,400 | ₹2,52,000 |
| S-HNI Minimum | 3 | 3,600 | ₹3,78,000 |
| S-HNI Maximum | 7 | 8,400 | ₹8,82,000 |
| B-HNI Minimum | 8 | 9,600 | ₹10,08,000 |
Renol Polychem IPO Allotment & Listing Date (Details)
The Renol Polychem IPO will open on July 31, 2025, and close on August 4, 2025. The allotment of shares is expected to be finalized on August 5, 2025, with the IPO likely to be listed on the NSE on August 7, 2025.
| IPO Open Date: | July 31, 2025 |
| IPO Close Date: | August 4, 2025 |
| Basis of Allotment: | August 5, 2025 |
| Refunds: | August 6, 2025 |
| Credit to Demat Account: | August 6, 2025 |
| IPO Listing Date: | August 7, 2025 |
Renol Polychem IPO GMP Today:
The latest Grey Market Premium (GMP) for the Renol Polychem SME IPO is ₹0. Based on the price band of ₹105, the estimated listing price is expected to be around ₹105 per share (cap price + current GMP). This suggests an expected listing gain or loss of 0.00% per share.
Promoters of Renol Polychem IPO
The promoters of the company are Mr. Bhaveshbhai Mansukhbhai Harsoda and Mr. Naitik Bhaveshbhai Harshoda.
About Renol Polychem IPO
Established in 2008, Renol Polychem Limited is a manufacturing and supply company specializing in color masterbatches, plastic masterbatches, industrial chemicals, impact modifiers, plastic pigments, and related products. Their diverse product portfolio features a wide selection of color masterbatches, including shades like green, red, yellow, orange, pink, blue, brown, violet, ivory, white, maroon, silver, multicolor, and black, along with transparent plastic filler masterbatches. The company has grown a lot, and it mainly comes from the confidence they have in their abilities, infrastructure, and the team built over the years. They have been consistently expanding by introducing new products and enhancing infrastructure to boost the production capacity of current offerings.
Renol Polychem IPO Company Financial Report
The company reported revenue of ₹6.52 crores in 2024 against ₹41.86 crores in 2023. The company reported profit of ₹1.53 crores in 2024 against profit of ₹0.73 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹26.8 | ₹26.60 | ₹0.16 | ₹6.69 |
| 2023 | ₹41.86 | ₹40.88 | ₹0.73 | ₹10.28 |
| 2024 | ₹6.52 | ₹4.34 | ₹1.53 | ₹15.49 |
| September 2024 | ₹29.03 | ₹26.10 | ₹2.20 | ₹24.57 |
Renol Polychem IPO Valuation – FY2024
Check Renol Polychem IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 27.50% |
| ROCE: | 37.42% |
| EBITDA Margin: | 34.93% |
| PAT Margin: | 23.78% |
| Debt to equity ratio: | 0.30 |
| Earning Per Share (EPS): | ₹2.79 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 17.65% |
| Net Asset Value (NAV): | ₹15.83 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| G M Polyplast Limited | 2.69 | 53.18 | 10.24 | 23.59 | 42.86 Cr. |
| Deep Polymers Limited | 1.41 | 48.94 | 3.96 | 34.08 | 52.63 Cr. |
Renol Polychem IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
IPO Lead Managers aka Merchant Bankers
- Corporate Makers Capital Ltd.
Company Address
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/
Renol Polychem IPO – Frequently Asked Questions (FAQs)
What is the Renol Polychem IPO?
Renol Polychem IPO is an SME public offering through which the company aims to raise approximately ₹25.77 crores. The issue is priced between ₹100 and ₹105 per equity share and will be listed on the NSE SME platform.
When will the Renol Polychem IPO open for subscription?
The IPO will open for subscription on July 31, 2025, and close on August 4, 2025. It is open to Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Investors.
What is the investor quota for Renol Polychem IPO?
The investor allocation is as follows:
- QIBs: 50%
- NIIs (HNI): 15%
- Retail Investors: 35%
How can I apply for the Renol Polychem IPO?
You can apply for the IPO using the ASBA facility available through your bank’s net banking portal. Alternatively, you can apply via UPI through your stock broker or submit an offline application through your broker.
What is the issue size of the Renol Polychem IPO?
The total issue size is ₹25.77 crores, consisting entirely of a fresh issue.
What is the price band for the Renol Polychem IPO?
The price band has been fixed at ₹100 to ₹105 per share.
What is the minimum lot size for Renol Polychem IPO?
The minimum application size is 2,400 equity shares, amounting to an investment of ₹2,52,000.
When will the Renol Polychem IPO allotment be finalized?
The basis of allotment is expected to be finalized on August 5, 2025.
What is the listing date for Renol Polychem IPO?
Shares of Renol Polychem are likely to be listed on the NSE SME platform on August 7, 2025.
