Renol Polychem IPO

Renol Polychem Limited, established in 2008, is engaged in manufacturing and supplying colour masterbatches, additive masterbatches, plastic pigments, and polymer compounds. Its wide product range includes masterbatches for various plastic applications such as packaging, pipes, and consumer goods. The company caters to industries including automotive, electronics, textiles, and agriculture. With rich promoter experience and diversified offerings, Renol has built strong customer and vendor relationships.

Renol Polychem Limited IPO Overview

Renol Polychem is launching its IPO through a book-building process, with a total issue size of ₹25.77 crores. The offer comprises a complete fresh issue of 24.54 lakh equity shares. The subscription window for the Renol Polychem IPO will open on July 31, 2025, and close on August 4, 2025. The allotment is expected to be finalised on Tuesday, August 5, 2025, and the shares are proposed to be listed on the NSE SME platform with a tentative listing date of Thursday, August 7, 2025.

The IPO is priced in the range of ₹100 to ₹105 per share. Investors can apply in a lot size of 1,200 shares. For retail individual investors, the minimum investment amount is ₹2,40,000, representing 2,400 shares. High Net-Worth Individuals (HNIs) must apply for a minimum of three lots, totalling 3,600 shares, which amounts to ₹3,78,000.

Corporate Capital Makers Ltd. is acting as the book-running lead manager for this issue, and Skyline Financial Services Private Ltd. is serving as the registrar. For further details, investors may refer to the Draft Red Herring Prospectus (DRHP) of the Renol Polychem IPO.

Renol Polychem Limited IPO Details

Particulars	Details
IPO Date	31 July 2025 to 4 August 2025
Listing Date	7 August 2025
Face Value	₹10 per share
Issue Price Band	₹100 to ₹105 per share
Lot Size	1,200 Shares
Total Issue Size	24,54,000 shares (₹25.77 Cr)
Fresh Issue	24,54,000 shares (₹25.77 Cr)
Offer for Sale	NA
Issue Type	Bookbuilding IPO
Listing At	NSE SME
Share Holding Pre Issue	54,90,000 shares
Share Holding Post Issue	79,44,000 shares
Market Maker Portion	1,48,800 shares

Renol Polychem IPO Reservation

Investor Category	Shares Offered
Market Maker	1,48,800 (6.06%)
QIB	6,40,800
NII (HNI)	3,49,200 (14.23%)
Retail	13,15,200 (53.59%)
Total	24,54,000 (100.00%)

Renol Polychem IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min & 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 Promoter Holding

Shareholding Status	Percentage
Pre-Issue	99.99%
Post-Issue	69.11%

Renol Polychem IPO Valuation Overview

KPI	Value
EPS (Post)	₹5.53
P/E Ratio	18.99x
RoNW	27.50%
NAV	₹24.28
ROE	27.50%
ROCE	37.42%
PAT Margin	23.78%
Debt to Equity Ratio	0.30
Price to Book Value	6.63x

Objectives of the Proceeds

• Purchase of machinery for capacity expansion – ₹5.6 Cr

• Repayment of certain borrowings – ₹1.0 Cr

• To meet working capital requirements – ₹15.15 Cr

• General corporate purposes – Amount not disclosed

Key Financials (in ₹ Crore)

Particulars	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	24.57	15.49	10.28	6.69
Revenue	29.03	6.52	41.86	26.80
Profit After Tax	2.20	1.53	0.73	0.16
Reserves & Surplus	5.40	3.20	–	–
Total Borrowings	9.07	2.58	5.36	3.80