Renol Polychem Ltd IPO
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Renol Polychem Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 24.54 L | TBA | TBA | ₹ 54.9 L | NSE | ₹ 25.77 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 31 Jul, 25 | 04 Aug, 25 | 2400 | ₹ 2,40,000 | Book Building - SME | 07 Aug, 25 |
Renol Polychem Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Plastics Products |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 2454000 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Renol Polychem Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 2.20 | TBA | TBA |
| EBITDA | 2.22 | TBA | TBA |
| PAT | 1.53 | TBA | TBA |
| Total Assets | 14.93 | TBA | TBA |
| Share Capital | 5.49 | TBA | TBA |
| Total Borrowings | 3.38 | TBA | TBA |
| Operating Activities (Net Cash) | 1.55 | TBA | TBA |
| Investing Activities (Net Cash) | 0.00 | TBA | TBA |
| Financing Activities (Net Cash) | 3.38 | TBA | TBA |
| Net Cashflow | 1.01 | TBA | TBA |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Renol Polychem Ltd
Our Company was originally incorporated as a Partnership Firm in the name of Renol Enterprises on April 01, 2008. Subsequently our Partnership Firm converted into Private Limited Company under the name of Renol Polychem Private Limited on January 09, 2024 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Ahmedabad. Subsequently, the name of our company was changed from Renol Polychem Private Limited to Renol Polychem Limited and a Certificate of Incorporation pursuant to conversion into Public Limited dated June 19, 2024 issued by the Registrar of Companies, Central Registration Centre.
Our Company operates in masterbatch industry & pigment market. An increasing demand from packaging sector, rising investments in commercial and residential ventures, and higher usage of polyvinyl chloride (PVC) and chlorinated polyvinyl chloride (CPVC) is expected to grow at a CAGR 4.8% from 2024 to 2030, reaching nearly USD 17.22 million. Major growth drivers for the India masterbatch market include an increasing need for inventive and appealing packaging techniques. Notably, the increasing integration of masterbatch in sectors, such as agriculture, healthcare, aerospace, automotive, and consumer goods, plays a pivotal role in propelling the growth of India's masterbatch market. The expanding real estate industry is driving substantial requests for wiring and cable applications within commercial establishments, consequently stimulating the masterbatch demand.
Our Company is engaged in the manufacturing of colour masterbatches, colour pigment, filler granule, anti-moisture powder, carbon noodles, superpack & onepack, impact modifier, processing AID and tinanium dioxide. We started our operations/ business at Rajkot in 2008 and commenced our manufacturing operations in 2020. Our company also specializes in manufacturing of customized masterbatch to suit the specific requirements of our customers/ manufacturers.
Peer Comparison:
- Renol Polychem Limited
- Multibase India Limited
- Captain Polyplast Limited
- R M Drip and Sprinklers Systems Limited
Renol Polychem Ltd IPO Key Points
Strengths
- Diversified Product Portfolio Offering offered.
- Strong Client base.
- Experience of our Promoter and core management team.
- Quality Assurance.
- Cost competitiveness and time bound delivery.
Risk
- Extensive government regulation and the impact of plastics and related on the environment could have a severe impact on our ability to continue our business operations, which could adversely affect our business, results of operations and financial condition.
- Our continued operations are critical to our business and any shutdown of our manufacturing unit may adversely affect our business, results of operations and financial condition.
- In addition to our existing indebtedness for our existing operations, we may incur further indebtedness during the course of business. We cannot assure that we would be able to service our existing and/ or additional indebtedness.
Strategy
- Expanding our clientele Network by Geographic expansion.
- Reduction of operational costs and achieving efficiency.
- Continue to improve operating efficiencies through technology enhancements.
- Diversified Product Portfolio Offering offered.
- Strong Client base.
- Experience of our Promoter and core management team.
- Quality Assurance.
- Cost competitiveness and time bound delivery.
How To Apply for Renol Polychem Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
