Prasol Chemicals IPO
GMP, Subscription, Price, Dates & Financial Details
Chemicals
Incorporated in 1992, Prasol Chemicals Limited is a specialty chemicals manufacturer focused on complex and differentiated chemistries, with more than three decades of industry experience. The Company manufactures over 150 specialty chemicals across three broad categories: acetone-based,…
Open Date
Tue, 08 Sep 2026
Close Date
Thu, 10 Sep 2026
Price Band
₹ 643 – 676
Lot Size
22
Issue Size
₹ 500.00 Cr
Minimum Investment
₹ 14,872 (22 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Prasol Chemicals IPO is set to open its Initial Public Offering (IPO) for subscription on September 08, 2026. According to the Red Herring Prospectus (RHP), the IPO is a book-built issue with a total issue size of ₹500.00 Crore, comprising a fresh issue of 11.83 Lakh equity shares aggregating to ₹80.00 Crore and an offer for sale (OFS) of 62.13 Lakh equity shares aggregating to ₹420.00 Crore by the existing shareholders.
The Prasol Chemicals IPO will open for subscription on September 08, 2026, and close on September 10, 2026. The basis of allotment is expected to be finalized on September 11, 2026, while the shares are tentatively scheduled to be listed on the NSE and BSE on September 16, 2026.
The company has fixed the price band at ₹643 to ₹676 per share, with a lot size of 22 shares. Retail investors will require a minimum investment of ₹14,872 (based on the upper price band) to apply for one lot.
KFin Technologies Limited is the registrar to the issue. Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) are the Book Running Lead Managers (BRLMs) to the issue.
Before investing in the Prasol Chemicals IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Investors should also ensure that they submit their applications before the subscription window closes on September 10, 2026.
Prasol Chemicals IPO Timeline (Tentative)
- IPO Open Date
- Tue, 08 Sep 26
- IPO Close Date
- Thu, 10 Sep 26
- Basis of Allotment
- Fri, 11 Sep 26
- Initiation of Refunds
- Tue, 15 Sep 26
- Credit of Shares to Demat
- Tue, 15 Sep 26
- Listing Date
- Wed, 16 Sep 26 — BSE & NSE
Open Date
08 September 2026
Close Date
10 September 2026
Basis Of Allotment
11 September 2026
Listing Date
16 September 2026
IPO Subscription
Check Live Subscription →The Prasol Chemicals IPO subscription Data Unavailable. Subscription data will be available once biddings start. Bidding is open from 10:00 AM to 5:00 PM on 08 September 2026
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 0 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (0%), while Non-Institutional Investors (NIIs) receive 0 shares (0%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Qualified Institutions | 0 | 0% |
| Non-Institutional | 0 | 0% |
| Retail Investors | 0 | 0% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 839.28 | 723.09 | 626.36 |
| Revenue | 1237.85 | 1015.54 | 887.56 |
| Profit After Tax | 83.12 | 43.57 | 18.13 |
| Net Worth | 448.51 | 367.46 | 325.84 |
| Reserve & Surplus | 436.91 | 355.87 | 314.24 |
| Total Borrowings | 110.06 | 101.05 | 82.07 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Prasol Chemicals Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 20.37 | 12.57 | 5.71 |
| ROCE % | 22.43 | 14.95 | 12.61 |
| Debt / Equity | 0.19 | 0.23 | 0.22 |
| RoNW % | 18.53 | 11.86 | 5.56 |
| Pat Margin % | 6.74 | 4.3 | 2.07 |
Peers Comparison
No Peer Comparision Available
About Prasol Chemicals Limited
Incorporated in 1992, Prasol Chemicals Limited is a specialty chemicals manufacturer focused on complex and differentiated chemistries, with more than three decades of industry experience. The Company manufactures over 150 specialty chemicals across three broad categories: acetone-based, phosphorus-based, and other customised specialty chemicals. As of June 30, 2026, its portfolio comprised 21 acetone-based chemicals, 53 phosphorus-based chemicals and 76 other specialty chemicals, including surfactants, esters and acids.
The Company’s products cater to diverse application industries, including performance chemicals, paints, inks, construction and adhesives (PICA), pharmaceuticals, agrochemicals, and home and personal care.
Manufacturing Facilities: Prasol Chemicals operates two manufacturing facilities in Maharashtra, located at Khopoli and Mahad, with manufacturing areas of approximately 1,20,604 sq. m. and 1,19,423 sq. m., respectively. The facilities have an aggregate installed capacity of 98,644 metric tonnes per annum.
Customer Base and Global Presence: The Company serves a diversified customer base, including Alembic Pharmaceuticals, Lubrizol India, Rossari Biotech, Clean Science, Gharda Chemicals, Croda India, Supriya Lifescience and Yasho Industries, among others. During FY2026, the Company served 1,618 customers, with repeat customers contributing 93.3% of revenue, reflecting strong customer retention. Its products are sold in domestic and international markets, with exports accounting for 27.3% of FY2026 revenue. The Company is a 3-Star Export House recognised by the Government of India and has a distribution network spanning APAC, North and South America, and Europe.
Research & Development: R&D is a key component of the Company’s growth strategy. As of June 30, 2026, Prasol Chemicals had 37 in-house R&D personnel, 40 products in its development pipeline, and had commercialised 13 products since April 2023. The Company had an employee base of 775 as of June 30, 2026.
Competitive Strengths:
Diversified portfolio of specialty chemicals serving multiple application industries
Strong in-house R&D capabilities with a pipeline of new products
Long-standing relationships with a diversified customer base
Established global presence and export distribution network
Experienced and qualified management team
Consistent financial performance and track record
Prasol Chemicals IPO Promoters
- Nishith Rajnikant Shah
- Gaurang Natwarlal Parikh
- Dhaval Nalin Parikh
- Pankil Nishith Dharia
- Sachin Jatin Parikh
- Rakesh Gupta
- Nishith Rasiklal Dharia
- Kunal Tushar Dharia
- Suketu Navinchandra Parikh
- Usha Rajnikant Shah
Promoters Holding
Holding Pre Issue
89.20%
Holding Post Issue
77.51%
Prasol Chemicals IPO Objective
The Company Prasol Chemicals IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Repayment or pre-payment, in full or in part, of certain of our outstanding borrowings availed by our Company
- General corporate purposes
Prasol Chemicals Limited Address / Contact Details
Prasol Chemicals Ltd.
Prasol House, Plot No A - 17/2/3,
T. T. C, Industrial Area, Khairne M.I.D.C.,
Navi Mumbai,
Thane, Maharashtra, 400710
Phone: +91 22 6195 2500
Email: investorservices@prasolchem.com
Website: https://www.prasolchem.com/
IPO Snapshot
Prasol Chemicals IPO Lot Size
The Prasol Chemicals IPO has a lot size of 22 shares. Retail investors require a minimum investment of ₹14,872 by applying for 1 lot (22 shares). The maximum application allowed for the retail category is 13 lots (286 shares), requiring an investment of ₹1,93,336.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 22 | 14,872.00 |
| Retail (Max) | 13 | 286 | 193,336.00 |
| S-HNI (Min) | 14 | 308 | 208,208.00 |
| S-HNI (Max) | 67 | 1,474 | 996,424.00 |
| B-HNI (Min) | 68 | 1,496 | 1,011,296.00 |
Issue Reservation
Book Running Lead Managers
- Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
IPO Documents & Links
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Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Prasol Chemicals IPO?
Prasol Chemicals IPO is a Book-building IPO with a total issue size of ₹500 crore. The Prasol Chemicals IPO price band is ₹643 to 676 per share. The Prasol Chemicals IPO subscription opens on Tue, Sep 8, 2026, and closes on Thu, Sep 10, 2026. The Prasol Chemicals IPO will be listed on the BSE,NSE. KFin Technologies Limited is the registrar for the Prasol Chemicals IPO.
When will the Prasol Chemicals IPO open for subscription?
The Prasol Chemicals IPO opens on Tue, Sep 8, 2026 and closes on Thu, Sep 10, 2026
What is Prasol Chemicals IPO Price Band?
Prasol Chemicals IPO Price Band is ₹643 to 676 per share.
What is Prasol Chemicals IPO Lot Size?
Prasol Chemicals IPO lot size is 22 shares, Retail investors need a minimum investment of ₹14872 based on the upper price band
What is the minimum investment for Prasol Chemicals IPO?
The minimum investment for Prasol Chemicals IPO is ₹14872, based on one lot of 22 shares at the upper price band of ₹676 per share.
How to apply for Prasol Chemicals IPO?
Investors can apply for the Prasol Chemicals IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Sep 10, 2026. The application amount remains blocked until the Prasol Chemicals IPO allotment is finalized.
What is Prasol Chemicals IPO Issue Size?
Prasol Chemicals IPO issue size is ₹500 crores.
What is the Prasol Chemicals IPO Allotment Date?
Prasol Chemicals IPO allotment date is Fri, Sep 11, 2026.
Who is the Prasol Chemicals IPO Registrar?
The registrar for Prasol Chemicals IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Prasol Chemicals IPO allotment status, refund processing, and other IPO-related information.
What is the Prasol Chemicals IPO GMP?
The Prasol Chemicals IPO GMP (Grey Market Premium) is ₹14 as of Fri, Sep 4, 2026. Based on the upper price band of ₹676 per share, the estimated Prasol Chemicals IPO listing price is ₹690, indicating a potential listing gain of approximately 2.07% over the issue price.
Who is the Prasol Chemicals IPO Lead Manager?
The book-running lead managers (BRLMs) for the Prasol Chemicals IPO are Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd). The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Prasol Chemicals IPO Red Herring Prospectus (RHP).