Renol Polychem Ltd |
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Registered Office: 307 Sanskar Heights Nr.RA Circ, 150 FT Ring Road Mavdi, Rajkot - 360004, Gujarat |
Phone: +91 97237 80726 |
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. [*] per equity share including a share premium of Rs. [*] per equity share (the "Issue Price") aggregating to Rs. [*] crores ("The Issue"), of which 1,48,800 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] 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. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] 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. Price Band:Rs. 100 to Rs. 105 per equity share of the face value of Rs.10 each. The floor price is 10 times of the face value the cap price is 10.5 times of the face value. Bids can be made for a minimum of 2400 equity shares and in multiples of 2400 equity shares thereafter. |
Issue | Money Payable On | ||
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Opens On | Closes On | Application | Allotment |
31-Jul-2025 | 04-Aug-2025 | ₹ 100.00 | ₹ 0.00 |
Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0 | ||
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(₹)Cr. | Lead Managers to the Issue | |
Project Cost | 0.00 | Corporate Markers Capital Ltd |
Project Financed through Current Offer | 24.54 | |
Post Issue Equity Share Capital | 7.94 | |
Issue Price | ₹100.00 |
Projects |
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Capital expenditure in requirements for the purchase of machinery |
Repayment of certain borrowings |
To meet out the Working Capital Requirements; |
General Corporate Purposes |
Promoted By |
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Bhaveshbhai Manshukhbhai Harso |
Naitik Bhaveshbhai Harsoda |
Hetalben Bhaveshbhai Harsoda |
Listing At |
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NSE - SME |
Registrar to the Issue |
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