Prasol Chemicals Limited
ListedSpecialty Chemicals · Mainboard IPO · INE455U01024
Price band
₹643 – ₹676
Lot size
22 shares
Min. investment
₹14,872
Issue size
₹500 Cr
Face value
₹2
Registrar
Kfin Technologies Ltd.
Issue timeline
Bidding opens
08 Sept 2026
Bidding closes
10 Sept 2026
Allotment
11 Sept 2026
Listing
16 Sept 2026
Final subscription
1,15,305
applications
₹561 Cr
bid value
| Category | Bid for | ₹ Cr* |
|---|---|---|
| Qualified Institutional (QIB) | 38,12,556 | 258 |
| Non-Institutional >₹10L (bNII) | 6,85,806 | 46 |
| Non-Institutional ₹2–10L (sNII) | 8,65,106 | 58 |
| Retail (RII) | 29,35,724 | 198 |
| Total | 82,99,192 | 561 |
Live category-wise demand from NSE only. Add each category's offered shares (from the RHP) in IPO Master to show the subscription (x) multiple.
About the company
Prasol Chemicals operates in the specialty chemicals industry, manufacturing over 150 specialty chemicals including acetone-based, phosphorous-based, and other complex chemicals.
Issue details
Issue size
₹500 Cr
Fresh issue
₹80 Cr
Offer for sale
₹420 Cr
Industry
Specialty Chemicals
Promoter holding (pre)
89.2
Promoter holding (post)
77.51
Financials (₹ Cr)
| Metric | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total income | 887.56 | 1,015.54 | 1237.85 Cr |
| EBITDA | 60.53 | 87.77 | 139.32 |
| Profit after tax | 18.13 | 43.57 | 83.12 Cr |
| Net worth | 325.84 | 367.46 | 448.51 Cr |
| Total assets | 626.36 | 723.09 | 839.28 |
| Total borrowing | 82.07 | 101.05 | 110.06 |
Objects of the issue
- Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company
- General Corporate Purposes
Strengths
- 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
Risks
- Dependence on a limited number of customers for a significant portion of revenue
- Fluctuations in raw material prices may impact profitability
- Regulatory changes affecting the specialty chemicals industry
- Competition from other manufacturers in the specialty chemicals sector
Documents
Calculate your bid
At cut-off price ₹676
Lots
1
- Shares
- 22
- Amount
- ₹14,872
UPI mandate — funds are blocked, not debited.
- SEBI-registered broker — NSE member 90113
- Funds stay blocked in your own bank — debited only on allotment
- Apply for your whole family from one login