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IPO

IPO Synopsis
Renol Polychem Ltd
Registered Office: 307 Sanskar Heights Nr.RA Circ,150 FT Ring Road Mavdi , Rajkot - 360004 , Gujarat , India.
Phone : +91 97237 80726   Fax:
Email :  compliance@renolpolychem.com  
Website :  www.renolenterprise.com
Initial public issue of upto 24,54,000 equity shares of face value of Rs. 10/- each of Renol Polychem Limited ("RPL" or the "Company" or the "Issuer") for cash at a price of Rs. 105 per equity share including a share premium of Rs. 95 per equity share (the "Issue Price") aggregating to Rs. 25.77 crores ("The Issue"), of which 1,48,800 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 105 per equity share including a share premium of Rs. 95 per equity share aggregating to Rs. 1.56 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The public issue less the market maker reservation portion i.e. net issue of 23,05,200 equity shares of face value of Rs. 10/- each at a issue price of Rs. 105 per equity share including a share premium of Rs. 95 per equity share aggregating to Rs. 24.21 crores is herein after referred to as the "Net Issue". The public issue and the net issue will constitute 30.89% and 29.03% respectively of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
31-Jul-25 04-Aug-25 Rs105.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  Rs Cr Lead Managers to the Issue
Project Cost 22.71
Corporate Markers Capital Ltd
Project Financed through Current Offer 25.77  
Post Issue Equity Share Capital 7.94  
Issue Price Rs105.00  
 
Projects
Capital expenditure in requirements for the purchase of machineryTo meet out the Working Capital Requirements;
Repayment of certain borrowingsGeneral Corporate Purposes
Promoted By
Bhaveshbhai Manshukhbhai Harso
Naitik Bhaveshbhai Harsoda
Hetalben Bhaveshbhai Harsoda
Listing At
NSE - SME 
Registrar to the Issue
Skyline Financial Services Pvt