ListedSMEChemicalsRNPL

Renol Polychem IPO

Renol Polychem IPO is an SME IPO raising ₹25 Cr at ₹100 – ₹105 a share. It listed on 7 Aug 2025 at ₹105, 0.0% against its issue price of ₹105, and trades at ₹62 today (−41.1% since issue). It was subscribed 2.45× in total.

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₹105

Issue price

₹62

Price now

−41.1%

Since issue price

7 Aug 2025

Listed on

2.45×Subscribed (final) · all exchanges

2.5 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹100 – ₹105

Cut-off price₹105

Issue size₹25 Cr

Shares per lot1200

Minimum application₹1,26,000

Minimum quantity2400

Face value₹10

Listing exchangesNSE

ISININE0VZX01015

Bidding hours10:00 – 17:00 IST

Bidding window31 Jul 2025 – 4 Aug 2025

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.