Archive · 5 Aug 2025
Renol Polychem IPO Allotment Results Announced
Renol Polychem, a company that sells materials for making plastic products, recently finished its IPO (Initial Public Offering), which means it started selling shares to the public to raise money.
People who bought shares can now see if they got them.
If they didn't get any shares, they'll get their money back.
The company plans to start trading on the stock market soon.
Many people wanted to buy shares, more than were available.
Renol Polychem IPO allotment results have been released.
Investors can check allotment status on Skyline Financial Services' website.
The IPO opened July 31st and closed August 4th, with listing on NSE SME planned for August 7, 2025.
The IPO was oversubscribed 6.83 times overall.
Renol Polychem raised ₹25.77 crore through the IPO.
- Who
- Renol Polychem, a company supplying raw materials for plastic manufacturing.
- What
- The allotment results for the Renol Polychem IPO have been announced.
- When
- Allotment was completed and the IPO closed August 4, 2025, listing on NSE SME is planned for August 7, 2025.
- Where
- NSE SME
- Why
- To raise capital for capital expenditure, debt repayment, working capital, and general corporate purposes.
Market Reaction
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Investor Reaction
Market Reaction
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- IPO Size
- ₹25.77 crore
- IPO Price Band
- ₹100 to ₹105 per share
- Lot Size
- 1,200 shares
- Overall Subscription
- 6.83 times
- Retail Subscription
- 6.51 times
- GMP
- ₹3 per share
