Renol Polychem Limited IPO

Renol Polychem Limited IPO

Renol Polychem Limited produces color masterbatches, pigments, filler granules, anti-moisture powder, carbon noodles, superpack & onepack, impact modifiers, processing aids, and titanium dioxide under the brand “RENOL.” It specializes in customized solutions, including all-in-one additives with stabilizers, pigments, and modifiers for UPVC/CPVC pipes, fittings, and plastic products. Operating on a B2B model, the company serves manufacturers by providing essential raw materials for plastic processing and product development.

Price Band

₹100 - ₹105

Dates

31 Jul - 04 Aug

GMP

₹0 (0.00%)

Subscriptions

-

Issue Size

₹25.77 Crs

Renol Polychem IPO Key Dates
Opening Date

31 Jul 25

Closing Date

04 Aug 25

Basis Of Allotment

05 Aug 25

Initiations Of Refund

06 Aug 25

Credit Of Shares

06 Aug 25

Listing Date

07 Aug 25

Renol Polychem IPO Objects

  1. To meet out the Capex in requirements for the purchase of Machinery
  2. Repayment of certain borrowings
  3. To meet out the Working Capital Requirements
  4. To meet out the General Corporate Purposes

Renol Polychem IPO Details
Price Band

₹100 - ₹105

Listing At

NSE SME

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹25.77 Cr (0.25 Cr Shares)

Offer For Sale

₹0.00 (0.00 Shares)

Total Issue

₹25.77 Cr (0.25 Cr Shares)

Face Value

₹10 per equity share

Renol Polychem IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 2 4,800 5,04,000
Maximum 2 4,800 5,04,000
Small HNI
Minimum 3 7,200 7,56,000
Maximum 3 7,200 7,56,000
Big HNI
Minimum 4 9,600 10,08,000
Renol Polychem IPO GMP

The estimated Grey Market Premium of Renol Polychem IPO is ₹0 per share (0.00%)

Category Allocation
Particulars Allocation
QIB Not more than 27.80% of Net Offer
NII Not less than 15.15% of Net Offer
Retail Not less than 57.05% of Net Offer
Market Maker 1,48,800 EQ Shares
Renol Polychem IPO Financials

(Rs. in crores)

Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 62.30 6.45 41.67
Profit after Tax 5.00 1.53 0.73
Net Worth 13.33 8.69 2.71
Total Borrowing 6.95 2.58 5.36
Total Assets 23.41 15.49 10.28
NAV per share (in ₹) 24.28 15.83 10.00
EPS - Basic (in ₹) 9.10 2.79 1.00

The financial information presented is on a consolidated basis.

Key Performance Indicators
KPI Values
EBITDA 11.36%
PAT 8.02%
ROE 45.37%
ROCE 64.18%
PE Ratio 11.54
PB Ratio 4.32
Mkt Cap (in Crs.) 83.41
  • All Ratios are based on Mar 25
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band
Renol Polychem IPO Peer Comparision

(Rs. in crores)

Particulars Renol Polychem Multibase India Captain Polyplast R M Drip and Sprinklers Systems
Revenue from Ops (in Crs.) 62.30 70.75 286.84 130.34
PAT (In Crs.) 5.00 14.65 30.38 23.93
EPS - Basic 9.10 11.61 5.28 9.58
NAV per share 24.28 62.21 25.50 32.00
RONW 45.37% 13.76% 25.40% 41.45%
EBITDA 11.36% 20.87% 16.66% 27.39%
PAT Margin 8.02% 20.71% 10.59% 18.36%
Price to earning (PE) 11.54 23.85 15.07 63.69
  • All the information pertains to FY 2024-25
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 23, 2025 for Peers
Renol Polychem IPO Peer Comparision

(Rs. in crores)

Particulars Renol Polychem
Revenue from Ops (in Crs.) 62.30
PAT (In Crs.) 5.00
EPS - Basic 9.10
NAV per share 24.28
RONW 45.37%
EBITDA 11.36%
PAT Margin 8.02%
Price to earning (PE) 11.54
Multibase India Captain Polyplast R M Drip and Sprinklers Systems
70.75 286.84 130.34
14.65 30.38 23.93
11.61 5.28 9.58
62.21 25.50 32.00
13.76% 25.40% 41.45%
20.87% 16.66% 27.39%
20.71% 10.59% 18.36%
23.85 15.07 63.69
  • All the information pertains to FY 2024-25
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 23, 2025 for Peers
Promoter Details
Name Shareholding
Bhaveshbhai Harsoda 74.57%
Naitik Harsoda 25.42%
Total 99.99%
Management Details
Name Designation
Bhaveshbhai Harsoda MD
Ekta Tank CFO
Company Details

Name: Renol Polychem Limited

Address: 307, Sanskar Heights NR RA, Circle 150 FT Ring Road, Mavdi, Rajkot, Gujarat- 360004

Number: +91- 9723780726

Email: compliance@renolpolychem.com

Website: www.renolpolychem.com

Book Running Lead Managers (BRLMs)
Company
Corporate Makers Capital Limited
Visit Website
RTAs
Company
Skyline Financial Services
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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Renol Polychem IPO is a SME IPO having an issue size of Rs. ₹25.77 Crs. Renol Polychem IPO is priced at ₹100 - ₹105 per share. The issue opens on 31 Jul 25 and closes on 04 Aug 25.

Renol Polychem IPO opens on 31 Jul 25 and closes on 04 Aug 25.

The estimated Grey Market Premium of Renol Polychem IPO is ₹0 per share (0.00%).

The minimum lot size of Renol Polychem IPO is 2400 shares & the minimum application amount is Rs. 252000.

The allotment date of Renol Polychem IPO is 05 Aug 25.

The listing date of Renol Polychem IPO is 07 Aug 25.

Renol Polychem IPO is subscribed -.

Renol Polychem IPO is priced at ₹100 - ₹105 per share.

Click the allotment link on Renol Polychem IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Renol Polychem IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date