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<h1>IPO subscription opens with price band and lot size rules, retail and HNI minimum application requirements apply.</h1> Renol Polychem is launching an IPO of 24.54 lakh fresh shares with a set price band, a 1,200-share lot size, retail and HNI minimum application thresholds, and proposed listing on the NSE SME Emerge platform; proceeds are earmarked for machinery, working capital, debt repayment, and general corporate purposes.