IPO Buzz: Final Day Subscription Update for Renol Polychem Limited.
The SME IPO of Renol Polychem Limited, launched on July 31, 2025, is on its final day of bidding (August 4). The fresh issue aims to raise ₹25.77 crore via 24.54 lakh equity shares on the NSE SME platform.
As of midday on Day 3, overall subscription stood at approximately 6.42x:
• Retail Individual Investors (RII): 6.52x
• Non Institutional Investors (NII): 7.31x
• Qualified Institutional Buyers (QIB): 8.44x
IPO Key Details at a Glance
Price Band ₹100–₹105 per share
Lot Size 1,200 shares (min 2 lots)
Retail Quota 35%
NII Quota ≤15%
QIB Quota ≤50%
Issue Period July 31 – August 4, 2025
Allotment Date August 5, 2025
Tentative Listing August 7, 2025 (NSE SME)
Renol Polychem in Brief: Company Overview:
Founded in 2008 and headquartered in Rajkot, the company manufactures specialty polymer compounds, including color and filler masterbatches, pigments, and additives used across packaging, automotive, agriculture, and textile sectors.
(Disclaimer: This article is informational only and not investment advice. Investors should consult the official RHP and seek guidance from registered financial advisors before making decisions.)
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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.
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