Renol Polychem IPO Subscribed 1.99x on Day 2

Renol Polychem IPO subscribed over 1.99x on its Second day of subscription, wherein QIB subscribed 0.74x, NII subscribed 2.99x, and RII subscribed 1.97x.

Table of Contents

Renol Polychem IPO subscription started on Thursday, July 31, 2025, and will close on August 4, 2025, as per the schedule. The price band is set at ₹100 to ₹105 per share with a face value of ₹10. 

Renol Polychem IPO Subscription Status

Renol Polychem IPO subscribed over 1.99x on its Second day till 05.00 PM on 1st August 2025.

  • Renol Polychem IPO subscription QIB investors’ portion is 0.74x times, while NII subscribed 2.99x times, and RII investors subscribed 1.97x times.
  • The company has received bids for 38,20,800 shares against 19,21,200 shares on offer on the Second day. 
  • Renol Polychem IPO subscribed over 1.99x times on day 2.
  • Renol Polychem IPO subscribed over 1.11x times on day 1. 

About Renol Polychem

Established in 2008, Renol Polychem Limited is a manufacturing and supply company specializing in color masterbatches, plastic masterbatches, industrial chemicals, impact modifiers, plastic pigments, and related products. Their diverse product portfolio features a wide selection of color masterbatches, including shades like green, red, yellow, orange, pink, blue, brown, violet, ivory, white, maroon, silver, multicolor, and black, along with transparent plastic filler masterbatches. The company has grown a lot, and it mainly comes from the confidence they have in their abilities, infrastructure, and the team built over the years. They have been consistently expanding by introducing new products and enhancing infrastructure to boost the production capacity of current offerings.

Renol Polychem IPO Company Financial Report

The company reported revenue of ₹62.56 crores in 2025 against ₹6.52 crores in 2024. The company reported a profit of ₹5.00 crores in 2025 against a profit of ₹1.53 crores in 2024.

Renol Polychem IPO GMP

Renol Polychem IPO GMP was ₹18 as of Friday, 1st August. That indicates the IPO is trading at ₹123 with a ₹18 premium in the grey market against the issue price of ₹105.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.