Renol Polychem IPO GMP, Date, Price, Allotment, Review & Listing 2025

Get complete details about Renol Polychem IPO, including IPO GMP today, price band, allotment status, subscription, and expected listing gains. Track live updates and analysis on Finowings.
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Renol Polychem IPO GMP, Date, Price, Allotment, Review & Listing Details**
Renol Polychem Limited IPO is generating significant buzz in the SME segment, with investors actively tracking its Grey Market Premium (GMP) and overall subscription status. The company aims to raise ₹25.77 crores through this IPO, offering strong growth potential and a focused business model. Let’s explore key insights, including IPO dates, price band, allotment, GMP updates, and analysis.
1. Renol Polychem IPO Overview
The Renol Polychem IPO opened for public subscription on July 31, 2025, and will close on August 4, 2025. This ₹25.77 crore issue consists solely of a fresh offer of 24.54 lakh equity shares. The IPO will list on the NSE SME platform. A rising Renol Polychem IPO GMP indicates growing investor confidence and potential for positive listing gains.
2. About Renol Polychem Ltd
Established in 2008 and headquartered in Rajkot, Gujarat, Renol Polychem specializes in the production of polymer compounds, impact modifiers, and masterbatches. These components are critical in the manufacturing of PVC/CPVC pipes, plastic furniture, and packaging items. The company’s manufacturing operations commenced in 2020, backed by advanced infrastructure and modern machinery.
3. Renol Polychem IPO Key Details
IPO Open Date: July 31, 2025
IPO Close Date: August 4, 2025
Price Band: ₹100 – ₹105 per share
Lot Size: 1,200 shares
Minimum Retail Investment: ₹2,40,000 (2,400 shares)
HNI Minimum Investment: ₹3,78,000 (3 lots or 3,600 shares)
Issue Size: ₹25.77 Cr (100% Fresh Issue)
Listing Platform: NSE SME
The positive sentiment surrounding the IPO is partly due to an active Renol Polychem IPO GMP, which reflects market enthusiasm.
4. Objective of the Issue
The company plans to utilize the IPO proceeds for:
Working capital needs
General corporate purposes
Covering public issue-related expenses
These funds will enhance the company’s operational capabilities and support its expansion initiatives.
5. Business Model & Product Portfolio
Renol Polychem operates on a B2B model, catering to:
Pipe manufacturers
Packaging material producers
Plastic goods manufacturers
Its product range includes:
Colour, White, and Black Masterbatches
Filler Granules & Additives
Impact Modifiers for CPVC/PVC Applications
The company's diverse product line positions it well in India’s growing construction and plastic sectors.
6. Financial Performance (Recent Years)
Year | Revenue (₹ Cr) | Net Profit (₹ Cr) |
FY 2023 | ₹52.26 | ₹3.94 |
FY 2024 | ₹62.29 | ₹4.99 |
The company has delivered consistent growth, with a 19% increase in revenue and 27% jump in net profit in FY24, highlighting operational efficiency.
7. Renol Polychem IPO GMP & Listing Expectations
As of August 2, 2025, the Renol Polychem IPO GMP is ₹18 per share.
- Expected Listing Price: ₹123 (₹105 + ₹18 GMP)
The steady GMP signals healthy demand in the grey market and possible listing gains for early investors.
8. Valuation Analysis & Peer Comparison
FY24 EPS: ₹7.76
P/E at upper band ₹105: ~13.53x
Industry P/E Average: ~20x – 22x
The IPO appears fairly priced, especially considering the company's earnings growth and current GMP, making it attractive to informed SME investors.
9. Key Strengths
Wide product portfolio
Robust revenue and profit growth
Cost-effective manufacturing model
Pan-India customer base
Skilled and experienced promoters
10. Risks & Weaknesses
Reliant on demand cycles in the PVC/CPVC market
SME stocks carry liquidity risk
Commercial operations only since 2020
Highly competitive sector
11. IPO Timeline & Listing Schedule
Event | Date |
IPO Opening | July 31, 2025 |
IPO Closing | August 4, 2025 |
Allotment Finalization | August 5, 2025 |
Refunds Initiation | August 6, 2025 |
Demat Credit | August 6, 2025 |
Listing Date (Tentative) | August 7, 2025 |
UPI Mandate Deadline | August 4, 5:00 PM |
12. Lot Size & Investment Requirements
Category | Lots | Shares | Amount (₹) |
Retail | 2 | 2,400 | ₹2,40,000 |
HNI | 3 | 3,600 | ₹3,78,000 |
13. IPO Reservation Structure
Retail Quota: 50% of issue
HNI (NII) Quota: 50% of issue
QIB Reservation: Not applicable (as per SME norms)
14. Promoters & Shareholding
Promoters:
Mr. Kishanbhai Savaliya
Mr. Rajnikant Savaliya
Pre-IPO Shareholding: 100% held by promoters
Post-IPO Holding: Will reduce based on public allotment
15. Frequently Asked Questions (FAQs)
Q1. What is Renol Polychem IPO GMP today? As of August 2, 2025, the GMP stands at ₹18 per share.
Q2. Why track the Renol Polychem IPO GMP? It helps gauge investor demand and estimate listing performance.
Q3. What is the minimum investment for retail? ₹2.4 lakhs (2 lots of 1,200 shares each).
Q4. When is the Renol Polychem IPO listing date? Tentatively scheduled for August 7, 2025, on NSE SME.
Q5. How can I apply for this IPO? You can apply via UPI-enabled apps, ASBA through net banking, or your broker.
16. Final Verdict – Should You Invest?
Renol Polychem IPO provides an opportunity to invest in a growing player within the plastic and additive industry. The company’s expanding revenue, improving margins, and solid product demand offer good growth prospects. With a reasonable valuation, active Renol Polychem IPO GMP, and a focused expansion strategy, the IPO looks promising for risk-tolerant investors.
However, investors should also consider the SME market risks and relatively recent operational history before applying.
Also Read This Blog: Live IPO GMP Latest and Current Upcoming IPO GMP Updates
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Shivam.Finowings
Shivam.Finowings
Hi, I'm Shivam Sharma, SEO Executive at Finowings, your trusted platform for financial insights. At Finowings, we provide accurate and timely updates on IPO GMP, live IPO GMP, GMP of IPO, and upcoming IPO GMP to help investors make informed decisions. Our expert-driven content simplifies complex IPO trends and market data, making Finowings a go-to source for reliable IPO analysis and grey market premium updates in India.