Renol Polychem SME GMP - Live Grey Market Premium
Ongoing
Renol Polychem Limited, established in 2008 (manufacturing commenced in 2020), is a manufacturer and supplier of color masterbatches, color pigments, filler granules, anti-moisture powder, carbon noodles, superpack & onepack, impact modifier, processing AID, and titanium dioxide. The company specializes in customized masterbatches and pigments to suit specific customer requirements. They also offer all-in-one additive stabilizers, impact modifiers, and color pigments for the manufacturing of UPVC & CPVC pipes, pipe fittings, and other plastic products. Renol Polychem operates on a B2B model, selling and distributing its products directly to commercial and manufacturing organizations. They serve over 750 customers primarily in Gujarat (58.53% of revenue in FY24), Tamil Nadu (22.54%), Karnataka (14.60%), and other states.
IPO Details
GMP Timeline
| Date | IPO Price | GMP | Est. Price | % Change |
|---|---|---|---|---|
2 Aug 2025Live | 105 | 12 | 117 | +11.43 |
1 Aug 2025 | 105 | 12 | 117 | +11.43 |
31 Jul 2025 | 105 | 18 | 123 | +17.14 |
30 Jul 2025 | 105 | 18 | 123 | +17.14 |
29 Jul 2025 | 105 | 9 | 114 | +8.57 |
28 Jul 2025 | 105 | 8 | 113 | +7.62 |
27 Jul 2025 | 105 | 0 | 105 | 0.00 |
26 Jul 2025 | 105 | 0 | 105 | 0.00 |
25 Jul 2025 | 105 | 0 | 105 | 0.00 |
Important Notes About Grey Market Premium
Grey Market Premium (GMP) is an unofficial value that indicates investor sentiment before the IPO listing. It is the premium amount at which IPO shares are traded in the grey market before they are officially listed on the stock exchange.
GMP fluctuates based on market conditions and investor sentiment. A positive GMP suggests the market expects the stock to list above its issue price, while a negative GMP suggests it may list below the issue price.
The actual listing price may differ from the estimated price based on GMP due to market conditions on the listing day. GMP is not an official indicator and should not be the sole basis for investment decisions.
IPOwiz updates the GMP values regularly, but these values are sourced from unofficial channels and should be used as a reference only.