Renol Polychem Limited IPO 2025: Complete Investment Guide
04 August 2025 · Sachin Gadekar
Renol Polychem IPO 2025: GMP, Subscription Status, Price & Review.

About Renol Polychem Ltd.
Ultra brings you a detailed overview of the Renol Polychem Limited IPO, launching on the NSE SME platform. This comprehensive guide covers IPO details, share price, GMP, subscription status, business fundamentals, and whether the issue is worth considering.
Founded in 2008, Renol Polychem Limited specializes in manufacturing color masterbatches, additive masterbatches, pigments, and polymer compounds. Serving sectors like packaging, automotive, consumer goods, and agriculture, the company operates with a modest yet highly diversified product range.
As of September 2024, the company employed 15 employees and has shown explosive growth—revenue surged by 859%, and PAT rose by 226% year-on-year.
IPO Snapshot
Particular | Details |
---|---|
IPO Open Date | July 31, 2025 |
IPO Close Date | August 4, 2025 |
Issue Type | Bookbuilding (Fresh Issue) |
Total Issue | ₹25.77 crore (24.54 lakh shares) |
Price per Share | ₹105 |
Lot Size | 1,200 shares |
Minimum Investment (Retail) | ₹2,52,000 for 2,400 shares |
Listing Platform | NSE SME |
Tentative Listing Date | August 7, 2025 |
Registrar | Asnani Stock Broker Pvt Ltd |
Renol Polychem IPO Price & Lot Size
Fixed Price Issue at ₹105 per share
Minimum Application (Retail): ₹2,52,000 (2,400 shares)
HNI Minimum Application: ₹3,78,000 for 3 lots (3,600 shares)
Renol Polychem IPO Subscription Status: How Did It Fare?
As of final subscription data:
Retail: ~1.5×
HNI: ~1.2×
QIB & Anchor: Moderately subscribed
Total subscription reflects moderate investor interest—reasonable demand given SME IPO category norms.
Renol Polychem IPO GMP Today
Grey market tracking suggests a GMP of ₹10–₹15 per share, implying a potential listing price of ₹115–₹120. While GMP trends are speculative, they indicate positive post-listing sentiment.
Allocation & Reservation Pattern
Investor Category | Allocation (% of Net Offer) |
---|---|
Retail Investors | 53.59% |
Non-Institutional (HNI) | 14.23% |
QIB (Including Anchors) | ~26.11% |
Market Maker Portion | ~6.06% |
Strategic Strengths of Renol Polychem
Wide product portfolio: color, filler, and additive masterbatches
Broad industry application: packaging, auto parts, consumer goods, PVC pipes
Client relationships: with consistent manufacturing and vendor support
Sharp financial growth: revenue and profits up sharply in FY 2025
Compact operations: lean workforce and scalable infrastructure
Financial Snapshot
Metric | FY 2025 | FY 2024 |
---|---|---|
Assets (₹ Cr) | 23.41 | 15.49 |
Total Income (₹ Cr) | 62.56 | 6.52 |
PAT (₹ Cr) | 5.00 | 1.53 |
EBITDA (₹ Cr) | 7.07 | 2.18 |
Net Worth (₹ Cr) | 13.33 | 8.69 |
Renol Polychem IPO Review: Key Takeaways
Pros:
Exceptional revenue and profit growth
Strong product diversification
Promising sectors such as packaging and automotive
Fixed IPO pricing reduces uncertainty
Cons:
Very high minimum ticket size for retail investors (₹2.5 lakh)
Relatively small scale vs. established peers
SME IPO liquidity may be limited post-listing
Bottomline: High-risk, high-growth SME play—not ideal for conservative investors. Suitable for those expecting aggressive short-term returns or speculative listing gains based on GMP trends.
FAQs: Renol Polychem Limited IPO
1. What is the Renol Polychem IPO date?
IPO opened on July 31, 2025, and closed on August 4, 2025.
2. What is the IPO share price?
The fixed price was set at ₹105 per share.
3. What is the lot size and minimum investment?
Minimum is 2,400 shares; investment required = ₹2,52,000.
4. What is the current GMP?
GMP stands at approximately ₹10–₹15 per share, indicative of potential listing gains.
5. When is the listing date?
Shares are tentatively expected to list on August 7, 2025, on NSE SME.
Final Thoughts
Renol Polychem IPO offers an aggressive growth story in a niche plastic additives sector. While its high subscription threshold and limited scale pose risks, the IPO may yield healthy listing returns for speculative investors. Always consider your investment strategy, risk appetite, and consult a financial advisor before subscribing.
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