Renol Polychem IPO

About the company

Incorporated in 2008, Renol Polychem manufactures colour masterbatches, pigments, filler granules, anti-moisture powder and other products. The company operates in B2B segment, selling its products directly to businesses and manufacturers, which use these raw materials to make end products. The company mainly serves the PVC Pipe (70.49%) and Black HDP Pipe (12.60%) industries, while its manufacturing facility is located in Kothariya, Gujarat. As of May 2025, manufactured products form 83.18% of sales, led by superpack & onepack (21.77%), colour masterbatches (13.58%), and pigments (10.57%), while rest of the revenue comes from manufacturing various chemicals, powder, anti-oxidant and lubricates. As of May 31, 2025, total order book of the company stood at ₹5.82 crore, while Gujarat contributed 96.29% of FY25 revenue.

Financial performance (₹ Cr)

Subscription breakup (final, times)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   31 Jul 2025

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   04 Aug 2025

   Last day to place your bid

3. Basis of Allotment

   Completed
   05 Aug 2025

   Share allotment finalised

4. Refund Initiation

   Completed
   06 Aug 2025

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   06 Aug 2025

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   07 Aug 2025

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.