IPO Schedule
1
Open
31 Jul
2
Close
4 Aug
3
Allotment
-
4
Listing
7 Aug
Renol Polychem IPO
Issue:₹105
List:₹-
CMP:₹145
NSELot: 1200SME
LISTEDSME
Issue Price₹105
Listing₹-
Current₹145
Content
About Renol Polychem
Renol Polychem manufactures and exports polymer compounds, catering to diverse industries. Their product portfolio includes a wide range of thermoplastic elastomers and engineering plastics. They are an SME focusing on specialized polymer solutions.
Subscription Status
QIB
0.00x
NII
2.87x
Retail
0.86x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 8.41x | 0.74x | 0.00x |
| NII | 6.89x | 2.99x | 2.87x |
| Retail | 6.51x | 1.97x | 0.86x |
| Total | 6.83x | 2.00x | 1.11x |
Risk Factors
•SME IPOs generally carry higher risk compared to mainboard IPOs due to smaller company size and potential liquidity issues.
•The polymer industry is subject to fluctuations in raw material prices, which can impact profitability.
•Competition from larger, more established players in the polymer compound market.