Renol Polychem IPO Subscribed 6.83x by Day 3, Driven by Strong QIB and Retail Interest

Renol Polychem Limited's initial public offering (IPO) has demonstrated solid investor interest through its third and final day of subscription, with Renol Polychem's stock price set at ₹105 per share reflecting strong market reception. The ₹25.77 crore IPO reached 6.83 times by 5:09:04 PM on day three, indicating encouraging investor interest in this masterbatch manufacturer incorporated in 2008.

Renol Polychem IPO qualified institutional buyers segment leads with solid 8.41 times subscription, whilst non-institutional investors demonstrate reasonable participation at 6.89 times and individual investors show solid interest at 6.51 times, whilst market makers and anchor investors show complete participation at 1.00 times each, reflecting encouraging investor confidence in this company.

Renol Polychem IPO subscription reached a solid 6.83 times on day three, led by Qualified Institutional Buyers (8.41x), Non-Institutional Investors (6.89x), and Individual Investors (6.51x). Total applications reached 3,860.

Subscription Status of Renol Polychem IPO:

Here are the subscription details for Renol Polychem IPO as of Day 3 (August 4, 2025, 5:09:04 PM):

Key Highlights - Day 3:

• Overall subscription reached solid 6.83 times, a substantial improvement from day two's 2.00 times.
• Qualified institutional buyers demonstrated strong performance at 8.41 times, building dramatically from day two's 0.74 times.
• Non-institutional investors category displaying solid interest at 6.89 times, building significantly from day two's 2.99 times.
• Individual investors segment showing strong growth at 6.51 times, building substantially from day two's 1.97 times.
• bNII category demonstrating solid participation at 7.21 times, building significantly from day two's 2.85 times.
• sNII category showing reasonable interest at 6.25 times, building substantially from day two's 0.93 times.
• Total applications reached 3,860, indicating reasonable investor participation for this SME IPO.
• Cumulative bid amount reached ₹137.82 crores against the issue size of ₹25.77 crores.

Renol Polychem IPO - Day 2 Subscription at 2.00 Times

Key Highlights - Day 2:

• Overall subscription reaching modest 2.00 times, showing gradual improvement from day one's 1.11 times.
• Non-institutional investors demonstrating steady performance at 2.99 times, showing marginal improvement from day one's 2.87 times.
• Individual investors showing encouraging improvement at 1.97 times, building significantly from day one's 0.86 times.
• bNII category displaying solid interest at 2.85 times, building from day one's 2.52 times.
• sNII segment showing reasonable improvement at 0.93 times, building substantially from day one's 0.37 times.
• QIB segment showing modest growth at 0.74 times, building from day one's nil participation.

Renol Polychem IPO - Day 1 Subscription at 1.11 Times

Key Highlights - Day 1:

• Overall subscription opening cautiously at 1.11 times, showing measured initial investor interest.
• Non-institutional investors demonstrating reasonable confidence at 2.87 times, showing moderate HNI appetite.
• bNII category showing solid participation at 2.52 times, indicating encouraging larger HNI interest.
• Individual investors displaying modest participation at 0.86 times, showing tentative retail sentiment.
• sNII segment showing limited interest at 0.37 times, indicating cautious smaller HNI approach.
• QIB segment displaying no participation at 0.00 times, showing reserved institutional sentiment.

About Renol Polychem Limited

Incorporated in 2008, Renol Polychem Limited is a manufacturer and supplier specializing in colour masterbatches, plastic masterbatches, industrial chemicals, impact modifiers, and plastic pigments, offering comprehensive product range including green, red, yellow, orange, pink, blue, brown, violet, ivory, white, maroon, silver, multicolor, and black masterbatches, along with filler masterbatches, additive masterbatches, and polymer compounds serving plastic packaging, automotive components, household goods, electrical and electronics, textiles and agricultural industries with 15 employees as of September 30, 2024.