Renol Polychem IPO Date, Review, Price, Details
Renol Polychem is set to launch its IPO from July 31 to August 4, 2025, following the book-building process. Through this offering, the company aims to raise approximately ₹25.77crores exclusively via a fresh issue, with each equity share having a face value of ₹10. The price range for the IPO is between ₹100 and ₹105 per share.
Investor allocation for this public issue is divided with 35% earmarked for retail applicants, 50% for qualified institutional buyers (QIBs), and 15% for high-net-worth individuals (HNIs). The share allotment is scheduled for August 5, 2025, and listing on NSE is expected to take place on August 7, 2025.
Financially, the company recorded revenue of ₹6.52crores in 2024—down from ₹41.86crores in 2023—though its net profit increased to ₹1.53crores in 2024 from ₹0.73crores in the previous year.
Renol Polychem IPO Market Lot Size
The Renol Polychem IPO minimum market lot is 2,400 shares with ₹2,52,000 application amount.
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 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% |
Renol Polychem IPO Valuation – FY2024 (KPI)
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 |
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 Dates
The Renol Polychem IPO date is July 31 and the close date is August 4. The Renol Polychem IPO allotment will be finalized on August 5 and the IPO listing on August 7.
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 |
Promoters of Renol Polychem IPO
The promoters of the company are Mr. Bhaveshbhai Mansukhbhai Harsoda and Mr. Naitik Bhaveshbhai Harshoda.
About Renol Polychem IPO
Renol Polychem Limited, established in 2008, specializes in manufacturing and supplying a range of products including color masterbatches, plastic masterbatches, industrial chemicals, impact modifiers, plastic pigments, and related materials. Their extensive product lineup includes a variety of color masterbatches available in multiple shades such as green, red, yellow, orange, pink, blue, brown, violet, ivory, white, maroon, silver, multicolor, black, as well as transparent plastic filler masterbatches. The company’s growth reflects strong confidence in its expertise, facilities, and dedicated team developed over the years. Renol Polychem continues to broaden its offerings by launching new products and upgrading its infrastructure to enhance the production capacity of existing lines.
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. |
Objects of the IPO
Investment in new machinery as part of the company’s capital expenditure plans.
Repayment of select outstanding loans.
Funding ongoing working capital needs.
Allocation for general corporate activities and future business objectives.
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: [email protected]
Website: https://www.renolpolychem.com/
Renol Polychem IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php
Check Grey market premium at below
(GMP)