Prasol Chemicals
Price band ₹643–676 · Issue ₹500.00 Cr
Market attention score 30 (how ranked)
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Capital required
Approximate retail outlay for Prasol Chemicals at the issue price band (lot × lots).
Est. capital
₹14,146 – ₹14,872
Lot size 22 · up to ₹676/share
Prefer smaller tickets before listing? Explore unlisted & pre-IPO shares.
Opens
8 Sept 2026
Closes
10 Sept 2026
Allotment
11 Sept 2026
Listing
16 Sept 2026
Lot size
22
At a glance
IPO Open Tue, Sep 8, 2026 IPO Close Thu, Sep 10, 2026 Price Band ₹643 to ₹676 Market Cap * ₹4,000.80 Cr * on Upper Price IPO Details IPO Date 8 to 10 Sep, 2026 Listing Date Wed, Sep 16, 2026 T Face Value ₹ 2 per share Price Band ₹643 to ₹676 Lot Size 22 Shares Sale Type Fresh capital cum OFS Issue Type Bookbuilding IPO Listing At BSE, NSE Total Issue Size 73,96,437 shares (agg. up to ₹ 500 Cr) Fresh Issue 11,83,431 shares (agg. up to ₹ 80 Cr) Offer for Sale 62,13,006 shares of ₹ 2 (agg. up to ₹ 420 Cr) Share Holding Pre Issue 5,80,00,000 shares Share Holding Post Issue 5,91,83,431 shares IPO Timetable (Tentative) IPO Open Tue, Sep 8, 2026 IPO Close Thu, Sep 10, 2026 Allotment Fri, Sep 11, 2026 Refund Tue, Sep 15, 2026 Credit of Shares Tue, Sep 15, 2026 Listing Wed, Sep 16, 2026 IPOs Timetable Issue Reservation Investor Category Shares QIB Not more than 50% of the Offer Retail Not less than 35% of the Offer NII Not less than 15% of the offer IPO Lot Size Investors can bid for a minimum of 22 shares and in multiples thereof. 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 IPO Subscription Details About Prasol Chemicals Ltd. Updated on Sep 3, 2026 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.
Overview
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 opens for subscription on Sep 8, 2026 and closes 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.
Issue details
IPO Date
8 to 10 Sep, 2026
Listing Date
Wed, Sep 16, 2026T
Face Value
₹2 per share
Price Band
₹643 to ₹676
Lot Size
22 Shares
Sale Type
Fresh capital cum OFS
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
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 |
Issue reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Offer |
| Retail | Not less than 35% of the Offer |
| NII | Not less than 15% of the offer |
About the company
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
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 839.28 | 723.09 | 626.36 |
| Total Income | 1,237.85 | 1,015.54 | 887.56 |
| Profit After Tax | 83.12 | 43.57 | 18.13 |
| EBITDA | 139.32 | 87.77 | 60.53 |
| NET Worth | 448.51 | 367.46 | 325.84 |
| Reserves and Surplus | 436.91 | 355.87 | 314.24 |
| Total Borrowing | 110.06 | 101.05 | 82.07 |
Amounts in ₹ Crore (restated)
Key performance indicators
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 20.37% |
| ROCE | 22.43% |
| Debt/Equity | 0.19 |
| RoNW | 18.53% |
| PAT Margin | 6.74% |
| EBITDA Margin | 11.30% |
| NAV | 77.33 |
Valuation
Valuation Metric
Pre IPO
EPS (₹)
14.33
Market Cap at Offer Price
-
Shareholding
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 89.2% | 77.51% |
| Public | 10.80% | 22.49% |
| Total | 100% | 100% |
Objects of the issue
- — Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company
- — General Corporate Purposes
Intermediaries
Registrar
Kfin Technologies Ltd.
Lead manager(s)
Dam Capital Advisors Ltd.
FAQs
How to apply in Prasol Chemicals IPO through Zerodha?+
Zerodha customers can apply online in Prasol Chemicals IPO using UPI as a payment gateway. Zerodha customers can apply in Prasol Chemicals IPO by login into Zerodha Console (back office) and submitting an IPO application form. Steps to apply in Prasol Chemicals IPO through Zerodha Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ' Prasol Chemicals IPO ' row and click the 'Bid' button. Enter your UPI ID, Quantity, and Price. Submit IPO application form. Visit the UPI App (net banking or BHIM ) to approve the mandate. Visit Zerodha IPO Application Process Review for more detail.
When Prasol Chemicals IPO will open?+
The Prasol Chemicals IPO opens on Tue, Sep 8, 2026 and closes on Thu, Sep 10, 2026.
What is the lot size of Prasol Chemicals IPO?+
Prasol Chemicals IPO lot size is 22 , and the minimum amount required for application is ₹14,872 .
How to apply for Prasol Chemicals IPO?+
You can apply in Prasol Chemicals IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha , Upstox , 5Paisa , Nuvama , HDFC Bank , and SBI Bank .
When is Prasol Chemicals IPO allotment?+
The finalization of Basis of Allotment for Prasol Chemicals IPO will be done on Friday, September 11, 2026 , and the allotted shares will be credited to your demat account by Tue, Sep 15, 2026 . Check the Prasol Chemicals IPO allotment status .
When is Prasol Chemicals IPO listing date ?+
The Prasol Chemicals IPO listing date is not yet announced. The tentative date of listing is Wed, Sep 16, 2026 .
Aggregated from public IPO filings. GMP is unofficial grey-market chatter, not advice.