• IPO Open Date
  • 8th Sep 2026
  • IPO Close Date
  • 10th Sep 2026
  • Allotment date
  • 11th Sep 2026
  • Listing date
  • 16th Sep 2026
  • Issue Size
  • ₹ 500 Cr.
  • Issue Price Band
  • ₹ 643 to 676
  • Lot Size
  • 22 Share
  • Minimum Investment
  • ₹ 14872

Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.

About Prasol Chemicals Limited

Prasol Chemicals operates in the speciality chemicals industry. The company manufactures over 150 speciality chemicals, including acetone-based, phosphorus-based, and other complex chemicals.

Its product portfolio includes:

  • 21 acetone-based chemicals
  • 53 phosphorous-based chemicals
  • 76 other specialty chemicals (e.g., surfactants, esters, acids)

Industries Served

The products serve 5 major industries:

  • Performance chemicals (like lubricant and mining additives)
  • Paint, inks, construction, and adhesives (PICA)
  • Pharmaceuticals
  • Agrochemicals
  • Home and personal care

Manufacturing Facilities

The company operates two manufacturing facilities:

  • Khopoli across 1,18,004 sq. m.
  • Mahad across 79,423 sq. mt.

With an aggregate capacity of 87,914 MT per year.

Customer Base & Exports

Key customers include Alembic Pharmaceuticals, Lubrizol India, Rossari Biotech, Clean Science, Gharda Chemicals, Croda India, Supriya Lifescience, and Yasho Industries.

As of July 31, 2025, the company served 1,107 customers in 69 countries.

It is certified as a 3 Star Export House by the Indian government and has a strong global distribution network across APAC, North and South America, and Europe.

Competitive Strengths

  • Highly diversified product portfolio used across various application industries
  • Well-established R&D capabilities driving innovation with a 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
Read More

IPO Subscription Details

Category Shares Offered Shares Applied Subscription Times (x)
QIB (Ex Anchor) 15,55,209 (28.57%) 1,12,28,140 7.22
NII 11,66,406 (21.43%) 20,95,302 1.80
bNII (> ₹10L) 7,77,604 (14.29%) 9,01,560 1.16
sNII (< ₹10L) 3,88,802 (7.14%) 11,93,742 3.07
Retail 27,21,614 (50.00%) 46,39,206 1.70
Total 54,43,229 (100.00%) 1,79,62,648 3.30
Updated on 2026-09-11 19:50:14

Grey Market Premium (GMP)

GMP Date IPO Price GMP Estimated Listing Price Estimated Profit* Last Updated
11-09-2026 ₹676 ₹15 ₹691 ( 2.22% ) ₹330.00 11-Sep-2026 12:30 PM
09-09-2026 ₹676 ₹30 ₹706 ( 4.44% ) ₹660.00 09-Sep-2026 10:23 AM
08-09-2026 ₹676 ₹55 ₹731 ( 8.14% ) ₹1,210.00 08-Sep-2026 10:08 AM
07-09-2026 ₹676 ₹115 ₹791 ( 17.01% ) ₹2,530.00 07-Sep-2026 12:31 PM
05-09-2026 ₹676 ₹165 ₹841 ( 24.41% ) ₹3,630.00 05-Sep-2026 10:14 AM
04-09-2026 ₹676 ₹14 ₹690 ( 2.07% ) ₹308.00 04-Sep-2026 10:13 AM
Disclaimer: Grey Market Premium (GMP) is an unofficial market indicator provided for informational purposes only. It may change at any time and should not be considered investment advice or a guarantee of listing gains. Please evaluate company fundamentals, financials, valuation, and subscription data, and consult a SEBI-registered financial advisor before making any investment decision.

Financials of Prasol Chemicals Limited

A quick overview of the key financial performance of Prasol Chemicals Limited.

Total Assets (₹ Cr)

Revenue (₹ Cr)

Profit after Tax (₹ Cr)

*All values are in Rs. Cr

Company Financials

Revenue increased by 22%, Profit after Tax (PAT) increased by 91%, Total Assets increased by 16% between FY2025 and FY2026.

Period Ended FY2024 FY2025 FY2026
Revenue 876.57 1,012.49 1,232.59
Assets 626.36 723.09 839.28
Total Income 887.56 1,015.54 1,237.85
Profit After Tax 18.13 43.57 83.12
EBITDA 60.53 87.77 139.32
Net Worth 325.84 367.46 448.51
Reserves & Surplus 314.24 355.87 436.91
Total Borrowings 82.07 101.05 110.06
Amount in ₹ Crore

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 22 ₹ 14,872
Retail (Max) 13 286 ₹ 1,93,336
S-HNI (Min) 14 308 ₹ 2,08,208
S-HNI (Max) 67 1,474 ₹ 9,96,424
B-HNI (Min) 68 1,496 ₹ 10,11,296

Key Performance Indicators (KPI)

KPI Latest
ROE (%) 20.37
ROCE (%) 22.43
Debt / Equity 0.25
RoNW (%) 18.53
PAT Margin (%) 6.74
EBITDA Margin (%) 11.3
Pre IPO
Post IPO
EPS (₹)
14.33
-
P/E (x)
-
-
Promoter Holding (%)
41.26
-
Disclaimer: KPI values are based on information disclosed in the IPO prospectus and are provided for informational purposes only.

IPO Lead Manager(s)

Lead Manager Details

  • DAM Capital Advisors Limited

IPO Registrar

  • Registrar Name
  • KFin Technologies Limited
  • Phone
  • +91 40 6716 2222 / 1800 309 4001
  • Contact Person
  • M Murali Krishna
  • SEBI Registration Number
  • INR000000221
  • Address
  • Selenium Tower B, Plot No. 31 and 32, Financial District, Nanakramguda, Serilingampally, Hyderabad 500032, Telangana, India

Company Contact Details

  • Company Name
  • Prasol Chemicals Limited
  • Phone
  • +91 22 6195 2500
  • Contact Person
  • Kiran Rajendra Agrawal
  • Corporate Identity Number
  • U99999MH1992PLC065026
  • Address
  • Prasol House, Plot No A - 17/2/3, T. T. C, Industrial Area, Khairne M.I.D.C., Navi Mumbai, Thane, Maharashtra – 400710, India

Prasol Chemicals Limited FAQs

The Prasol Chemicals Limited IPO is a MAIN IPO with a total issue size of ₹ 500 crores. The IPO price band is fixed at ₹643 to ₹ 676 per share, and the minimum lot size is 22 Shares. The Prasol Chemicals Limited IPO will open on 8th Sep 2026, and will close on 10th Sep 2026. KFin Technologies Limited has been appointed as the registrar for the issue. The equity shares are proposed to be listed on NSE,BSE.

The Prasol Chemicals Limited IPO opens on 8th Sep 2026 and closes on 10th Sep 2026.

The Prasol Chemicals Limited IPO lot size is 22 Share, and the minimum amount required for application is ₹ 14872.

You can apply for the Prasol Chemicals Limited IPO through your bank account using the ASBA facility or via your online trading and Demat account. To apply online, log in to your broker’s platform, select Prasol Chemicals Limited IPO, enter the number of lots, choose your price within the price band, and submit the application. After submitting, approve the UPI mandate to block the required amount in your bank account. Once the IPO allotment is finalised, shares will be credited to your Demat account if allotted. If not allotted, the blocked amount will be released automatically.

The Prasol Chemicals Limited IPO listing date is 16th Sep 2026.
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