Renol Polychem IPO

Incorporated in 2008, Renol Polychem Limited is a manufacturer and supplier specializing in colour masterbatches, plastic masterbatches, industrial chemicals, impact modifiers, plastic pigments, and more. Their product range includes various color masterbatches such as green, red, yellow, orange, pink, blue, brown, violet, ivory, white, maroon, silver, multicolor, and black, as well as transparent plastic filler masterbatches. The company offers all-in-one additives, including stabilisers, impact modifiers, and colour pigments, to assist manufacturers of UPVC, CPVC pipes, pipe fittings, and other plastic products. Renol Polychem Limited offers a wide variety of masterbatches and polymer solutions, including: Colour Masterbatches Green, Red, Yellow, Orange, Pink, Blue, Brown, Violet, Ivory, White, Maroon, Silver, Multicolor, and Black Masterbatches. Specially formulated masterbatches for plastic moulding, extrusion, and film applications. Filler Masterbatches Transparent Plastic Filler Masterbatches Talc and Calcium Carbonate-based filler masterbatches for improving cost efficiency and mechanical properties in plastic production. Additive Masterbatches UV Stabilizers Antioxidants Slip & Anti-block Agents Processing Aids Flame Retardants. Polymer Compounds & Pigments High-performance plastic pigments Polymer modifiers to enhance strength, flexibility, and durability. The company's products find application in industries such as plastic packaging (flexible and rigid), Automotive Components, Household & Consumer Goods, Electrical & Electronics, Textiles & Fibers and Agricultural Films & Pipes. As of September 30, 2024, the company had 15 employees in various departments. Competitive Strength: Rich management experience. Diversified product range appealing to a wide range of customers. Cordial relationship with the customers/ vendors and established manufacturing facility.

The Company Renol Polychem IPO proposes to utilise the Net Proceeds from the Issue towards the following objects: S.No. Objects of the Issue Expected Amount (in Millions) 1 Capital Expenditure in requirements for the purchase of Machinery 56 2 Repayment of certain borrowings 10 3 To meet out the Working Capital Requirements 151.5 4 General Corporate Purposes

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