Today is the second day of the public offering by the Renol Polychem Limited IPO. The IPO was opened on July 31, 2025, is now on its second day of bidding (August 1, 2025). It is scheduled to close on August 4, 2025. The company is offering a fresh issue of 24.54 lakh equity shares, raising around ₹25.77 crore.
IPO Key Details at a Glance
Subscription Snapshot: Modest Uptake So Far
As of Day-2, overall subscription stands at approximately 1.88x, with segment-wise detail as follows:
(Data: August 01, 2025 | 16: 55)
This represents steady interest from NIIs, while retail applications are still building momentum. QIB participation shows a very nominal subscription.
Company Overview & Financial Highlights
Renol Polychem Limited is a Rajkot based company founded in 2008. The company manufactures a range of specialty polymer compounds, including colour and filler masterbatches, additives, and pigments used across industries such as packaging, automotive, agriculture, and textiles.
(Disclaimer: This article is intended for informational purposes only and should not be considered as investment advice. Investors are advised to read the Red Herring Prospectus and consult their financial advisors before making any investment decisions.)
Also Read: FlySBS Aviation SME IPO Opens Today: Could This ₹102 Crore Private Jet Listing Soar High?
Ankur Mishra is a journalist who covers an extensive range of news, from business, stock markets, IPOs to geopolitics, world affairs, international crises, and general news. With over a decade of experience in the business domain, Ankur has been associated with some of the reputed media brands. Through a sharp eye on global marketplaces along with deep insights and analysis of business strategies, Ankur brings simplicity to the complex economic matrix to decode market trends and empower people.
He is committed to entrenched data, facts, research, solutions, and a dedication to value-based journalism. He has covered trade tariff wars, international alliances, corporate policies, government initiatives, regulatory developments, along with micro- and macroeconomic shifts impacting global fiscal dynamics.
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