Renol Polychem IPO GMP & Review: Apply or Avoid?
Posted by : sachet | Tue Jul 29 2025

Renol Polychem IPO is open for bidding from 31st July 2025 to 4th August 2025. It is a bookbuilding IPO of ₹25.77 crore, comprising a fresh issue of 24.54 lakh shares. The issue will be listed on NSE and SME on its tentative listing date, 7th August 2025.
Renol Polychem IPO Details
The Renol Polychem IPO date is fixed between 31st July 2025 and 4th August 2025. The face value of Renol Polychem IPO shares stands at ₹10 per share, and the IPO price band is set between ₹100 and ₹105 per share.
Cameo Corporate Services Limited is the registrar of Renol Polychem IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
IPO Open Date | 31st July 2025 |
IPO Close Date | 4th August 2025 |
IPO Allotment Date | 5th August 2025 |
Refund Initiation | 6th August 2025 |
Issue Size | 24,54,000 shares(aggregating up to ₹25.77 Cr) |
Face Value | ₹10 |
Lot Size | 1,200 Shares |
Issue Price Band | ₹100 to ₹105 per share |
Issue Type | Bookbuilding IPO |
Listing At | NSE & SME |
Listing Date | 7th August 2025 |
Renol Polychem IPO Share Reservation
Renol Polychem IPO is a bookbuilding IPO of ₹25.77 crores, comprising a fresh issue of 24.54 lakh shares. Renol Polychem Limited shares will be listed on the NSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
Investor Categories | Shares Offered | % of Shares Offered |
Market Maker Shares Offered | 1,48,800 | 6.06% |
QIB Shares Offered | 6,40,800 | 0.00% |
Retail Shares Offered | 3,49,200 | 14.23% |
NII (HNI) Shares Offered | 13,15,200 | 53.59% |
Total Shares Offered | 24,54,000 | 100.00% |
Renol Polychem IPO GMP Grey Market Premium
GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Renol Polychem IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
29-07-2025 | ₹105.00 | ₹8 | ₹113.00 | 7.62% |
28-07-2025 | ₹105.00 | ₹8 | ₹113.00 | 7.62% |
27-07-2025 | ₹105.00 | ₹0 | ₹105.00 | 0.00% |
26-07-2025 | ₹105.00 | ₹0 | ₹105.00 | 0.00% |
25-07-2025 | ₹105.00 | ₹0 | ₹105.00 | 0.00% |
As of 29th July 2025, Renol Polychem IPO GMP stands at ₹8 per share, which means the share will likely show a listing at ₹113 (105+8) on its tentative listing date, 7th August 2025.
GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Renol Polychem GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends.
Renol Polychem IPO GMP Review

Check out the detailed Renol Polychem GMP IPO review for a thorough understanding of its potential to report listing gains on 7th August 2025. The Renol Polychem IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the Renol Polychem IPO.
Renol Polychem Limited’s revenue soared by 859% from ₹6.52 crores in March 2024 to ₹62.56 crores in March 2025. Moreover, the company’s PAT increased by 226% from ₹1.53 crores to ₹5.00 crores.
Renol Polychem Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the Renol Polychem IPO for its tentative listing day, 7th August 2025.
Technical Analysis
A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Renol Polychem IPO.
Key Indicators | Value |
PE Ratio (Price-to-Earnings) | 11.54 |
EPS (Earnings Per Share) | 9.10 |
RoNW | 45.37% |
ROCE | 64.18% |
ROE | 45.37% |
EBITDA Margin | 11.36% |
Price to Book Value | 4.32 |
Market Capitalisation | ₹83.41 Cr |
The PE ratio of Renol Polychem Limited’s share is 11.54, and its Earnings Per Share (EPS) stands at 9.10. Thus, the Renol Polychem Limited IPO can potentially deliver gains on its tentative listing date, 7th August 2025.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Renol Polychem Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
Indicators | Pre-IPO | Post-IPO |
PE Ratio | 11.54 | 12.18 |
EPS | 9.10 | 12.18 |
Renol Polychem Limited IPO Peer Comparison
Company Name | EPS | P/E Ratio | RoNW | Face value | Revenue |
Renol Polychem Limited | 9.10 | 11.54 | 45.37 | ₹10 | 6.52 |
Multibase India Limited | 11.61 | 23.85 | 13.76 | ₹10 | 16.93 |
Captain Polyplast Limited | 5.28 | 25.50 | 25.40 | ₹2 | 298.00 |
RM Drip and Sprinkles Systems Limited | 9.58 | 32.00 | 63.69 | ₹10 | 53.42 |
Renol Polychem IPO Subscription Status
Renol Polychem IPO is to be opened for bidding on 31st July 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Renol Polychem IPO subscription status.
Investor Category | Shares Offered | Shares Subscribed | Subscription to the Times |
Market Maker Shares Offered | 1,48,800 | Yet to be announced | Yet to be announced |
QIB Shares Offered | 6,40,800 | Yet to be announced | Yet to be announced |
Retail Shares Offered | 3,49,200 | Yet to be announced | Yet to be announced |
NII (HNI) Shares Offered | 13,15,200 | Yet to be announced | Yet to be announced |
Total Shares Offered | 24,54,000 | Yet to be announced | Yet to be announced |
About Renol Polychem Limited

Renol Polychem Limited was incorporated in 2008, is involved in the manufacturing and trading of polymer-based compounds used in various industries such as automotive, electrical, packaging, and consumer durables. The company caters to a wide range of customized polymer granules. The main focus of the company is to deliver high-quality products, customized solutions, and focus on sustainability through continuous improvement in innovation and customer-centric production.
- Rich management experience.
- Diversified product range appealing to a wide range of customers.
- Cordial relationship with the customers/ vendors and an established manufacturing facility.
Renol Polychem Limited Financials
The company’s financial analysis is essential before applying for the Renol Polychem IPO. Look at the table to learn about Renol Polychem Limited’s financials.
Year Ended | 31st May 2025 (in cr | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) |
Assets | 25.86 | 23.41 | 15.49 | 10.28 |
Revenue | 12.02 | 62.56 | 6.52 | 41.86 |
Profit After Tax | 1.14 | 5.00 | 1.53 | 0.73 |
EBITDA | 1.60 | 7.07 | 2.18 | 1.14 |
Net Worth | 14.47 | 13.33 | 8.69 | 2.71 |
Reserve and surplus | 8.98 | 7.84 | 3.20 | – |
Total Borrowing | 5.28 | 6.95 | 2.58 | 5.36 |
Explanation
Renol Polychem Limited’s revenue soared by 859% from ₹6.52 crores in March 2024 to ₹62.56 crores in March 2025. Moreover, the company’s PAT increased by 226% from ₹1.53 crores to ₹5.00 crores.
Renol Polychem IPO Bidding Requirements
Investors can bid for a minimum of 2,000 shares in multiples of 1,000 shares thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
Individual Investors (Retail) (Min) | 2 | 2,400 | ₹2,52,000 |
Individual Investors (Retail) (Max | 2 | 2,400 | ₹2,52,000 |
S-HNI (Min) | 3 | 3,600 | ₹3,78,000 |
S-HNI (Max) | 7 | 8,400 | ₹8,82,000 |
B-HNI (Min) | 8 | 9,600 | ₹10,08,000 |
Renol Polychem IPO has reserved lot sizes to be applied by different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO.
Use the lot size calculator to find how many shares you should apply for!
Renol Polychem IPO Promoter Holding
Have a look at the table below to check the holdings of Renol Polychem Limited’s promoters:
Mr. Bhaveshbhai Mansukhbhai Harsoda and Mr. Naitik Bhaveshbhai Harshoda.
Share Holding Pre-Issue | 99.99% |
Share Holding Post-Issue | 69.11% |
Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue – Share Holding Post-Issue.
Aim of Renol Polychem IPO
The primary aim of the Renol Polychem IPO is to raise ₹25.77 crores. On the other hand, Renol Polychem has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Renol Polychem IPO.
- Capital expenditure is required for the purchase of machinery
- To fund the working capital requirement
- To meet the general corporate purpose.
- To repay a portion of certain borrowings availed by the company.
Should I Invest in the Renol Polychem IPO?
“RPL is engaged in the manufacturing of colour masterbatches, pigments, and related products. The company posted growth in its top lines for the reported periods. Boosted profits from FY24 onwards raise eyebrows and concern over its sustainability. Based on its recent financial data, the issue appears fully priced. Small paid-up equity capital post IPO indicates a longer gestation for migration. Well-informed/cash surplus investors may park moderate funds for medium-term” [Dilip Davda, chief executive at Chittorgarh]
Explore the pros and cons of Renol Polychem to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades.
Pros of Renol Polychem IPO
- Push towards Sustainability
- Expanded Business
- Experienced Management
- Consistent growth
- Scalablity
- Tech Advances
- Competitive pricing
- First mover advantage
Cons of Renol Polychem IPO
- Limited Production scale
- High competition
- Low margins
- Regulatory risk
How to Apply for the Renol Polychem IPO?

Check the steps mentioned below to apply for Renol Polychem Limited.
- Step 1: Conduct thorough research on the Renol Polychem Limited IPO GMP, subscription status, issue size, lot size, and other details.
- Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for two lots of 2,400 shares worth ₹2,52,000.
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for the Renol Polychem IPO from more than one demat account to increase your allotment chances.
How to Check Renol Polychem IPO Allotment Status?
You can check whether the Renol Polychem IPO allotment is done in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.
Check On NSE
- Visit the NSE Official Website.
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose the Renol Polychem IPO.
- Choose whether to proceed with the PAN number or the application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Renol Polychem IPO allotment status.
Let’s Wrap
Renol Polychem IPO is a bookbuilding issue of shares worth ₹25.77 crores. The shares of Renol Polychem Limited will be listed on NSE and SME on its tentative listing date of 7th August 2025. Researching the Renol Polychem IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.
Open a demat account on Univest now to initiate your investment journey!
FAQs on Renol Polychem IPO
How is the Renol Polychem IPO?
Ans. Currently, on 29th July 2025, the Renol Polychem IPO GMP (Grey Market Premium) stands at ₹8. It indicates that the estimated listing price could be ₹113 per share. It is a bookbuilding IPO of ₹25.77 crores, comprising a fresh issue of 24.54 lakh shares. The face value of each share of Renol Polychem Limited is ₹10.
What is the Renol Polychem IPO price?
Ans. The Renol Polychem IPO price band has been set between ₹100 and ₹105 per share. Retail investors can apply for a minimum of 2 lots consisting of 2,400 shares worth ₹2,52,000. Moreover, HNIs are required to bid for a minimum of 3 lots (3,600 shares) worth ₹3,78,000.
Is the Renol Polychem IPO good?
Ans. Renol Polychem Limited’s revenue soared by 859% from ₹6.52 crores in March 2024 to ₹62.56 crores in March 2025. Moreover, the company’s PAT increased by 226% from ₹1.53 crores to ₹5.00 crores.
Who is the registrar of the Renol Polychem IPO?
Ans. Skyline Financial Services Private Limited is the registrar of the Renol Polychem IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding the Renol Polychem allotment and refund, you can contact Skyline Financial Services Private Limited at ipo@skylinerta.com or 02228511022.
What is the issue size of the Renol Polychem IPO?
Ans. Renol Polychem IPO is a bookbuilding IPO for 24.54 lakh shares worth ₹25.77 crores. Moreover, the IPO is set to open on 31st July 2025 and will be closed on 4th August 2025.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Renol Polychem IPO, download the Renol Polychem IPO RHP and Renol Polychem IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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