Description
NSE announces listing of Renol Polychem Limited equity shares on EMERGE SME Platform effective August 07, 2025.
Summary
NSE announces the listing of Renol Polychem Limited (Symbol: RNPL) equity shares on the EMERGE SME Platform effective August 07, 2025. The company’s shares will trade in Series ‘ST’ (Trade for Trade Surveillance Segment) initially and later shift to Series ‘SM’ (Normal Rolling Segment).
Key Points
- Company Symbol: RNPL
- ISIN: INE0VZX01015
- Face Value: Rs. 10/-
- Issue Price: Rs. 105/- per share
- Total Securities: 7,944,000 equity shares
- Minimum Trading Lot: 1,200 equity shares
- Market Maker Spread: Within 10%
- Settlement Type: Initially ‘W’, later ‘N’
Regulatory Changes
- Shares will be part of pre-open session for IPO category as per SEBI circular CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012
- Available for continuous market trading as per Exchange Circular NSE/CMTR/37202
- Initial trading in Trade for Trade Surveillance Segment (TFTS)
Compliance Requirements
- Members must use designated security codes for trading
- Trading must be in specified lot sizes only
- Lock-in period compliance as per annexure details
- Market maker obligations for Asnani Stock Broker Private Limited
Important Dates
- Effective Date: August 07, 2025
- Lock-in expiry dates vary: September 05, 2025 to August 31, 2028
- Financial Year: April 2025 - March 2026
Impact Assessment
Medium impact for SME segment participants. New trading opportunity with structured surveillance measures. Lock-in arrangements affect liquidity for different shareholder categories. Market maker arrangements ensure orderly trading with controlled spreads.
Impact Justification
New SME listing with specific trading arrangements and lock-in requirements