Renol Polychem IPO listing: Renol Polychem share price makes flat debut on NSE SME, tanks 5% to hit lower circuit

Renol Polychem’s IPO debuted flat on the NSE SME on August 7, opening at ₹105. Following weak market sentiment, the stock quickly fell to its 5% lower circuit of ₹99.75, below grey market expectations of ₹108.