Renol Polychem Ltd. makes a flat debut on the bourses with scrip got listed at Rs 105.00 on the Bombay Stock Exchange, a 0.00 per cent discount to its issue price of Rs 105.00. On the National Stock Exchange, the stock was listed at Rs 105.00.

The company, which raised 0.25 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 24.54 lakhs shares.

The company, listed under ST Group Securities post its IPO, opened for subscription from Jul 31 to Aug 04.

Following a flat opening, the scrip touched an intraday high of Rs 105.00 and a low of Rs 99.75, before closing the session up by 5.00 per cent to its listing price at Rs 99.75 on the NSE.

The company anticipates using the proceeds of the issue for .

Corporate Makers Capital Ltd. as lead managers & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark NSE Nifty closed trade at 24,596.15, up 21.95 points, or 0.08 per cent.