Renol Polychem Ltd
Bookbuilding IPO · NSE
- Price band
- ₹100 - ₹105
- Lot size
- 1,200 shares
- Issue amount
- ₹25.77 cr
- Total subscription
- 6.84×
- Opens
- 31 Jul 2025
- Closes
- 4 Aug 2025
- Allotment
- 5 Aug 2025
- Listing
- 7 Aug 2025
Offer at a glance
Issue overview
- Issue size
- 24,54,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,20,000
- Fresh issue
- ₹25.77 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Ltd
- Listing exchange
- NSE
- Maximum investment
- ₹1,26,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 54,90,000
- Shares after issue
- 79,44,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,52,000 |
| sHNI | 3 | 3,600 | ₹3,78,000 |
| bHNI | 8 | 9,600 | ₹10,08,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| HNIs (10L+) | 65 | 94 |
| HNIs (3-10L) | 32 | 194 |
| RETAIL | 548 | 3,572 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 2.7 | 22.68 |
| RETAIL | 13.81 | 90.01 |
| NIB | 3.67 | 25.25 |
| HNIs 2+ | 1.22 | 7.64 |
| HNIs 10+ | 2.44 | 17.61 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 9.1 | 2.79 | 0 |
| ROE | 45.37 | 27.5 | 93.28 |
| ROCE | 64.18 | 37.42 | 104.33 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 11.54 | 0 | 0 |
| POST IPO(PE) | 12.18 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Renol Polychem Limited, established in 2008, is a manufacturer and supplier specializing in a wide range of plastic and chemical products. The company focuses on colour masterbatches, plastic masterbatches, industrial chemicals, impact modifiers, and plastic pigments. Its product range includes a variety of colour masterbatches such as green, red, yellow, orange, pink, blue, brown, violet, ivory, white, maroon, silver, multicolor, and black. It also offers transparent plastic filler masterbatches. Renol Polychem provides comprehensive solutions for plastic manufacturers by offering all-in-one additives like stabilisers, impact modifiers, and colour pigments. These are particularly useful for producers of UPVC and CPVC pipes, pipe fittings, and other plastic products. The company’s offerings include masterbatches tailored for moulding, extrusion, and film applications; filler masterbatches based on talc and calcium carbonate to improve cost efficiency and mechanical strength; and additive masterbatches like UV stabilizers, antioxidants, slip and anti-block agents, processing aids, and flame retardants. It also supplies high-performance pigments and polymer compounds designed to enhance the strength, flexibility, and durability of plastic products. Renol Polychem’s products are used across various industries, including plastic packaging (both flexible and rigid), automotive components, household and consumer goods, electrical and electronics, textiles and fibers, and agricultural films and pipes. As of September 30, 2024, the company employed 15 people across different departments.
Strengths
- Leadership Backed by Industry Expertise: The company is managed by experienced professionals with strong technical and operational know-how.
- Wide Range of Products for Various Industries: Offers a broad selection of masterbatches, additives, and polymer compounds tailored to different industry needs.
- Stable and Long-Term Business Relationships: Maintains strong, ongoing connections with both customers and suppliers across multiple sectors.
Risk factors
- Impact of Environmental Regulations: Strict rules around plastic use and pollution may affect the company’s operations and long-term business continuity.
- Risk of Production Disruptions: Any unexpected shutdown or disruption at the manufacturing facility can significantly impact output and revenue.
- High Debt Could Strain Finances: Existing and future borrowings may put pressure on the company’s ability to manage its financial commitments smoothly.
Promoters
Mr. Bhaveshbhai Mansukhbhai Harsoda
Mr. Naitik Bhaveshbhai Harshoda
Registrar & documents
Lead manager
Corporate Makers Capital Limited
Registrar & contacts
Skyline Financial Services Private Ltd
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
307, Sanskar Heights NR RA Circle 150 FT Ring RD, Mavdi, Rajkot, Gujarat, 360004
+91- 9723780726
[email protected]Company website ↗Understanding RNPL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.