Renol Polychem Ltd Company Summary

Renol Polychem Ltd Summary

Renol Polychem Limited started its operations way back in year 2008 in the name and style of M/s Renol Enterprise, a Partnership Firm and further commenced its operations as a Private Company under the name and style of Renol Polychem Private Limited, since January 09, 2024 with the Registrar of Companies, Ahmedabad. Subsequently, the Company name changed from Renol Polychem Private Limited to Renol Polychem Limited and a Certificate of Incorporation upon the conversion of Company to Public Limited dated June 19, 2024 was issued by the Registrar of Companies, Central Registration Centre.Renol Polychem is a leading chemical company in Rajkot that has continuously achieved growth through relentless challenges and innovation since its establishment in 2008 providing pioneering solutions to help produce UPVC, & CPVC pipes, Pipe fittings and manufacturing plastic products. The material is an all-in-one additive containing stabilisers, internal & external lubricants, impact modifier, color pigments & additional essential chemicals or additives.The Company started manufacturing facility at Rajkot in 2008 and commenced our manufacturing operations in 2020. It specialize in customized master batch quantities to suit the specific requirements of customers. The manufacturing facilities located at Shed Kothariya in Rajkot Gujarat are spread over 4500 Sq. Ft. of area are equipped to carry out end to end manufacturing activities starting from color mixing to production of finished goods. This has a wide range of products which helps in manufacturing various products like UPVC, CPVC, WPC, plastic products. The Company started manufacturing in 2020 by purchasing machinery in July, 2020. After the purchase of machinery, it began manufacturing of Super Pack & One Pack, Anti-Moisture Powder and Colour Pigment in August 2020. After some time, it began manufacturing of Impact Modifier, Processing Aid, and Titanium Dioxide in September 2020. Further, achievement of manufacturing of said products, the Company commenced manufacturing of Filler Granules, Carbon Noodles and Colour Masterbatches in October 2020.The Company launched the IPO of 24,54,000 equity shares of Rs 10 by raising funds aggregating to Rs 25.77 Crore via fresh issue in Aug25.