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Home/IPO/Prasol Chemicals IPO
Updated: 16-Sep 9:36
Prasol Chemicals

Prasol Chemicals IPO

ListedIPO

Listing at: BSE, NSE • Sector: Pending Review • Prasol House, Plot No A - 17/2/3,T. T. C, Industrial Area, Khairne M.I.D.C.,Navi Mumbai,Thane, Maharashtra, 400710

Allotment status Not declared yet

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

Live GMP Today
₹-13 (-1.92%)
Rating:1/5
Est. Listing Price
₹663
Est. Gain: +-1.9%
Est. Profit / Lot
₹-286
Per Retail Application
Price Band
₹676
Face Value: ₹2
Min. Retail Inv.
₹14,872
Lot: 22 Shares
Total Subscription
3.47x
Anchor: Yes

Prasol Chemicals IPO GMP History

Genuine daily snapshots retained by the WeeStox backend

Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.

GMP dateIPO priceGMPPremiumEst. profit / lotSubscriptionMovement
20 Sept 2026₹676₹-13-1.92%₹-2863.47xFlat
14 Sept 2026₹676₹-13-1.92%₹-2863.47x↓ Down
10 Sept 2026₹676₹00.00%+₹03.47xFlat
09 Sept 2026₹676₹00.00%+₹00.76x↓ Down
07 Sept 2026₹676+₹558.14%+₹1,210-↓ Down
05 Sept 2026₹676+₹16524.41%+₹3,630-↑ Up
04 Sept 2026₹676+₹142.07%+₹308-Flat

Explore the complete GMP movement

Open the chart and all available daily records.

Prasol Chemicals IPO Details

IPO Date08 Sept 2026 to 10 Sept 2026
Listing AtBSE, NSE
Face Value₹2 per share
Price Band₹676
Lot Size22 Shares
Total Issue Size₹500.00 Cr(₹1,255.57 Cr)
Fresh Issue11.83L shares (₹80 Cr)
Offer for Sale (OFS)₹420 Cr (approx 2.74 Cr shares)
Issue TypeBook Built Issue IPO

Prasol Chemicals IPO Timetable

IPO Open Date08 Sept 2026
IPO Close Date10 Sept 2026
Basis of Allotment11 Sept 2026
Initiation of Refunds14 Sept 2026
Credit of Shares to Demat14 Sept 2026
Listing Date16 Sept 2026
Cut-off time for UPI Mandate5 PM on 10 Sept 2026
Employee Discount₹20.00/share (Up to 52,083 shares)

Prasol Chemicals IPO Reservation

CategoryReservationShares Offered
Anchor Shares Offered30.00%22,18,930
QIB Shares Offered20.00%14,79,289
HNI Shares Offered15.00%11,09,466
Retail Shares Offered35.00%25,88,753
Total Shares Offered100.00%73,96,438

Prasol Chemicals Anchor Details

PDF
Anchor Bid Date06 Sept 2026
Anchor Shares Offered22,18,930 Shares
Total Anchor Portion₹150 Cr
Lock-in 50% End Date10 Oct 2026 (30 Days)
Lock-in Rem. 50% Date09 Dec 2026 (90 Days)

Prasol Chemicals IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)Reserved Applications
Retail1 Lot22 Shares₹14,8721,17,671
sHNI14 Lots308 Shares₹2,08,2081,201
bHNI68 Lots1496 Shares₹10,11,2962,401

Prasol Chemicals Promoter Holding

Pre-Issue HoldingDisclosed in RHP
Post-Issue HoldingTo be calculated

Prasol Chemicals IPO Broker Consensus & Reviews

Institutional and brokerage house recommendations with verified review reports
Consensus:55% Positive (Apply)
Apply: 6 (55%)Neutral: 1 (9%)Avoid: 1 (9%)Not Rated: 2
Total: 11 Analysts
Broker / Research FirmRecommendationResearch Report
Swastika Investmart Ltd NeutralView Review
Mangal Keshav Financial Services LLP ApplyView Review
Ventura Securities Limited ApplyView Review
Anand Rathi Advisors Ltd. ApplyView Review
SBICAP Securities Limited ApplyView Review
Kantilal Chhaganlal Securities Pvt Ltd ApplyView Review
Sushil Finance Ltd ApplyView Review
Capital Market May ApplyView Review
GEPL Capital Ltd AvoidView Review
SMC Global Not RatedView Review
Bajaj Financial Securities Limited Not RatedView Review

Prasol Chemicals IPO Live Subscription Status

Bidding demand breakdown by shares, institutional demand in ₹ Cr, applications & HNI funding cost
Overall Demand:3.47x
05:20 pm
Investor CategoryShares OfferedShares BiddedSubscription Times
QIBs14,79,2891,12,28,1407.59x
HNIs11,09,46620,94,9941.89x
↳ HNIs 10+7,39,6449,01,5601.22x
↳ HNIs 2+3,69,82211,93,4343.23x
Retail25,88,75346,39,2061.79x
Total51,77,5081,79,62,3403.47x

Prasol Chemicals Limited Financial Information (Restated Consolidated in ₹ Crores)

Period EndedAssetsTotal IncomeProfit After TaxEBITDANet WorthTotal Borrowing
30 Mar 2026₹839.28 Cr₹1237.85 Cr₹83.12 Cr₹139.32 Cr₹448.51 Cr₹110.06 Cr
30 Mar 2025₹723.09 Cr₹1015.54 Cr₹43.57 Cr₹87.77 Cr₹367.46 Cr₹101.05 Cr
30 Mar 2024₹626.36 Cr₹887.56 Cr₹18.13 Cr₹60.53 Cr₹325.84 Cr₹82.07 Cr

Prasol Chemicals Key Valuation & Financial KPIs

ROE20.37%
ROCE22.43%
Debt / Equity0.19x
P/E (Post IPO)–
EBITDA Margin11.30%
Market Cap₹4000.8 Cr

Prasol Chemicals IPO Analysis

Review the company's key advantages and material business risks.

Strengths & Positives

Competitive advantages and operational merits

  • Prasol Chemicals operates two manufacturing facilities located at Khopoli and Mahad, Maharashtra, spread across approximately 1,20,604 sq. m. and 1,19,423 sq. m., respectively, with an aggregate manufacturing capacity of 98,644 MT per annum.

  • 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. As of July 31, 2026, it served approximately 1,600 customers and exported to 69 countries.

  • Prasol Chemicals is a 3 Star Export House recognised by the Government of India and has a global distribution network across APAC, North and South America and Europe.

  • Diversified Specialty Chemical Portfolio: The company manufactures more than 150 specialty chemicals serving multiple application industries. This diversification helps reduce dependence on any single product or end-use segment.

  • Strong R&D Capabilities: Prasol has established R&D capabilities focused on innovation and developing a pipeline of new products. Its technical capabilities support the expansion of its specialty chemical portfolio.

  • Diversified Customer Base & Global Presence: The company has longstanding relationships with a broad customer base and serves around 1,600 customers across multiple industries. Its presence in 69 countries and distribution network across major global markets provide international reach.

  • Dependence on Manufacturing Facilities: The company's operations depend significantly on its manufacturing facilities at Khopoli and Mahad. Past directions from MPCB to shut down these facilities highlight the risk of regulatory action, unplanned shutdowns or under-utilisation, which could adversely affect operations and financial performance.

  • Outstanding Litigations: There are outstanding litigations involving the company, its promoters and directors. Any adverse outcome in these proceedings could negatively affect the company's results of operations and financial condition.

About Prasol Chemicals Limited

Prasol Chemicals IPO is a book build issue of ₹500.00 crores. The issue is a combination of fresh issue of 11.83 lakh shares aggregating to ₹80.00 crores and offer for sale of 62.13 lakh shares aggregating to ₹420.00 crores.Prasol Chemicals IPO bidding opened for subscription on Sep 8, 2026 and will close on Sep 10, 2026. The allotment for the Prasol Chemicals IPO is expected to be finalized on Sep 11, 2026. Prasol Chemicals IPO will list on NSE and BSE with a tentative listing date fixed as Sep 16, 2026.Prasol Chemicals IPO is set issue price band at ₹643 to ₹676 per share. The lot size for an application is 22 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,872 (22 shares) (based on upper price).Dam Capital Advisors Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.Refer to Prasol Chemicals IPO RHP for detailed Information.

Incorporated in 1992, Prasol Chemicals operates in the specialty chemicals industry. The company manufactures over 150 specialty chemicals, including acetone-based, phosphorous-based, and other complex chemicals. Its product portfolio includes 21 acetone-based chemicals, 53 phosphorous-based chemicals, and 76 other specialty chemicals (e.g. surfactants, esters, acids). The products serve 5 major industries, including Performance chemicals (like lubricant and mining additives), paint, inks, construction, and adhesives (PICA), pharmaceuticals, agrochemicals, and home and personal care. Manufacturing Facility: The company operates two manufacturing facility in Khopoli across 1,20,604 sq. m., Mahad across 1,19,423 sq. mt with an aggregate capacity of 98,644 MT per year. Key customers: Alembic Pharmaceuticals, Lubrizol India, Rossari Biotech, Clean Science, Gharda Chemicals, Croda India, Supriya Lifescience, Yasho Industries, etc. As of July 31, 2026, the company served 1600 customers and exports to 69 countries. It is certified as a 3 Star Export House by the Indian government and have a strong global distribution network across APAC, North and South America, and Europe. • Highly diversified product portfolio used across various Application Industries • Well established R&D capabilities driving innovation with strong pipeline of products • Long standing relationships with a diversified customer base and strong global presence • Experienced, Qualified and Professional Leadership Team • Robust financial performance track record

Shariah Compliance Screening (AAOIFI Standard 21)

Business ActivityRequires ReviewImpermissible Revenue ≤ 5%
Debt-to-Assets Ratio13.11%Threshold ≤ 33% of Assets
Purification GuidanceStandard 0.5%Donate interest dividend fraction
Auditor Notes: Sector information not available — cannot screen business activity

Prasol Chemicals IPO Documents & Reports

Official prospectus, reports and regulatory filings
Document TitleAuthority / HostStatusAction
Red Herring Prospectus (RHP)
Complete offer document filed with ROC & SEBI
SEBI / ROCAvailable View RHP
Draft Red Herring Prospectus (DRHP)
Initial regulatory draft submitted for public comments
SEBI FilingsFiled View DRHP
Anchor Investor Allocation Report
Allotment list to institutional bidders
BSE / NSE CircularDisclosed Anchor PDF
IPO Allotment Status & Basis of Allotment
Registrar query portal via PAN / Application No.
Kfin TechnologiesLive Portal Check Allotment
Corporate Website & Investor Relations
Official portal and financial reports
Issuer PortalActive Visit Portal

Prasol Chemicals IPO Registrar & Lead Managers

Registrar of the Issue
Kfin Technologies
040-79615565
Book Running Lead Managers (BRLM)
  • Dam Capital Advisors Ltd.
Registered Office

Prasol House, Plot No A - 17/2/3,T. T. C, Industrial Area, Khairne M.I.D.C.,Navi Mumbai,Thane, Maharashtra, 400710