Prasol Chemicals IPO: In this article, we provide detailed and easy-to-understand information about the Prasol Chemicals Limited IPO, including its IPO dates, price band, issue size, lot size, minimum investments and other important IPO-related information.
We also cover key details about the company, its business, financial performance, strengths to help investors better understand the IPO before making an investment decision. The information is compiled from the company’s official documents, stock exchange disclosures and other publicly available sources.
The Prasol Chemicals IPO is officially opening for subscription from September 08, 2026 to September 10, 2026. According to RHP, this company wants to raise ₹500.00 Crore from the market through this IPO.
You can check the Prasol Chemicals IPO GMP Live (Day Wise) here, where you will get information about its latest GMP, changes in GMP and expected listing price. Apart from this, to understand the demand of retail investors during the IPO, you can also check the Prasol Chemicals IPO Subscription Status, where subscription information is available in Retail and other categories.
Read Also: Upcoming Mainboard IPO 2026
After the IPO is closed, if retail investors want to know whether shares have been allotted to them or not, then they can also check the Prasol Chemicals IPO Allotment Status here. In this way, retail investors can easily see all the three important updates of Prasol Chemicals IPO i.e. IPO GMP (Grey Market Premium), IPO Subscription Status and IPO Allotment Status from one place, and along with this, retail investors can also see the IPO Listing.
If You Want To Know About This Prasol Chemicals IPO In Detail Then Read This Article & Company RHP (Red Herring Prospectus) Carefully.
Prasol Chemicals IPO Details
| Issue Open Date | September 08, 2026 |
| Issue Close Date | September 10, 2026 |
| Face Value | ₹2.00 Equity Share |
| Price Band | ₹646 – ₹676 Per Share |
| Issue Price | ₹676.00 Per Share |
| Lot Size | 22 Share (1 Lot) |
| Listing On | BSE, NSE |
| Total Issue Size | ₹500.00 Cr. (73,96,437 Shares) |
| Fresh Issue | ₹80.00 Cr. (11,83,431 Shares) |
| Offer For Sale | ₹420.00 Cr. (62,13,006 Shares) |
| Prospectus | RHP | Anchor Investors |
IPO Reservation
The total number of shares in this Prasol Chemicals IPO is 73,96,437, in which 35.00% quota i.e. 25,88,753 shares are reserved for retail investors, rest 50.00% are reserved for QIB and 15.00% for NII.
| Category | Net Issue | Shares Offered |
|---|---|---|
| Retail | 35.00% | 25,88,753 |
| Total | 100.00% | 73,96,437 |
IPO Market Lot
| Application | Lot | Shares | Amount |
| Retail Minimum | 1 | 22 | ₹14,872 |
| Retail Maximum | 13 | 286 | ₹1,93,336 |
Prasol Chemicals IPO Dates (Tentative)
| Anchor Bid Date | September 07, 2026 |
| IPO Open Date | September 08, 2026 |
| IPO Close Date | September 10, 2026 |
| IPO Allotment Date | September 11, 2026 |
| Money Refund & Share Credit Date | September 15, 2026 |
| IPO Listing Date | September 16, 2026 |
Key Performance Indicator
| KPI (March 31, 2026) | Value |
| Market Capitalisation | ₹4,000.80 Cr. (On Upper Price) |
| P/E Ratio | — |
| EPS | ₹14.33 |
| ROE | 20.37% |
| ROCE | 22.43% |
| RoNW | 18.53% |
| Dept/Equity | 0.19 |
| EBITDA Margin | 11.30% |
| PAT Margin | 6.74% |
| Net Assets Value | ₹77.33 |
| Price To Book Value | — |
IPO Peer Comparison
| Company | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| Aarti Industries Limited | 46.75x | ₹11.56 | 7.04% | ₹164.27 |
| Atul Limited | 28.04x | ₹230.25 | 10.95% | ₹2,136.46 |
| Laxmi Organic Industries Limited | 59.74x | ₹2.87 | 4.00% | ₹71.66 |
| Vinati Organic Limited | 30.95x | ₹42.80 | 14.03% | ₹304.99 |
| Privi Speciality Chemicals Limited | 42.67x | ₹81.08 | 21.99% | ₹368.79 |
| Yasho Industries Limited | 206.68x | ₹20.95 | 5.69% | ₹368.18 |
| Excel Industries Limited | 17.12x | ₹60.19 | 4.44% | ₹1,354.74 |
Prasol Chemicals Limited Company Financial Report (Restated)
| Period Ended | Total Assets | Total Income | Total Expenses | Total Net Worth | Profit After Tax | Operating EBITDA |
|---|---|---|---|---|---|---|
| March 31, 2026 (Standalone) | ₹839.28 Cr. | ₹1,237.85 Cr. | ₹1,125.95 Cr. | ₹448.51 Cr. | ₹83.12 Cr. | ₹139.32 Cr. |
| March 31, 2025 (Consolidated) | ₹723.09 Cr. | ₹1,015.54 Cr. | ₹956.25 Cr. | ₹367.46 Cr. | ₹43.57 Cr. | ₹87.77 Cr. |
| March 31, 2024 (Consolidated) | ₹626.36 Cr. | ₹887.56 Cr. | ₹848.28 Cr. | ₹325.84 Cr. | ₹18.13 Cr. | ₹60.53 Cr. |
Company 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
| Category | Pre (IPO) | Post (IPO) |
|---|---|---|
| Promoter & Promoter Group | 89.20% | 77.51% |
| Public | 10.80% | 22.49% |
| Total | 100.00% | 100.00% |
IPO Lead Managers
- Dam Capital Advisors Limited
IPO Registrar
KFin Technologies Limited
Address: Selenium Tower B, Plot No.31 and 32,
Gachibowli, Financial District,
Nanakramguda, Serilingampally,
Hyderabad 500 032 Telangana, India
Telephone: +91 40 6716 2222/1800 309 4001
E-mail: prasol.ipo@kfintech.com
Website: www.kfintech.com
About Prasol Chemicals Limited (Incorporated In 1992)
The company was incorporated in 1992 and, with over 33 years of experience in the specialty chemicals industry, is a forward integrated manufacturer of acetone and phosphorus-based specialty chemicals and other specialty chemicals with complex and diverse chemistries. According to the CARE report, the company is a highly diversified specialty chemical player with over 150 specialty chemical products and over 1,600 customers, and exports to 69 countries by July 15, 2026. Its products find diversified applications across multiple industries, with five main segments: (1) Performance Chemicals (including lubricant additives and mining chemicals); (2) PICA (paints, inks, construction, and adhesives); (3) Pharmaceuticals; (4) Agrochemicals; and (5) Home and Personal Care (Application Industries).
As of June 30, 2026, the Company’s extensive product portfolio included over 150 specialty chemical products, including:
- 21 acetone-based specialty chemicals. Acetone is a colourless, highly volatile and flammable organic chemical compound with a pungent odour;
- 53 phosphorous-based specialty chemicals. Phosphorous is a highly reactive chemical element;
- 76 other specialty products including non-acetone and non-phosphorous based customised specialty chemicals such as surfactants, performance additives, ethers, esters, polymers, and acids.
According to the CARE report, during the calendar year 2022-2025, the company was the largest importer of acetone in India, producing a wide range of acetone-based specialty chemicals in India, such as diacetone alcohol, and isophorone hexylene glycol, meta xylenol, and others. The company was also the sole manufacturer of isophorone in India. During the calendar year 2022-2025, it was also among the top 5 users of yellow phosphorus in India, producing phosphorus-based specialty chemicals such as phosphorus pentasulfide, phosphorus pentoxide, dithiophosphates for lubricant additives and flotation reagents, polyphosphoric acid, DETC, and other phosphate esters.
Furthermore, according to the CARE report, specialty chemicals are substances specifically formulated or manufactured for a specific purpose and use. Unlike commodity chemicals, which are manufactured on a large scale, specialty chemicals are produced in smaller quantities, and special attention is paid to quality, performance, and customization to meet the specific demands of different industries. The quality of these chemicals is crucial, as it directly impacts the performance and safety of the end products.
Company Strengths
- Highly diversified product portfolio used across various Application Industries.
- Well established R&D capabilities driving innovation with strong pipeline of products to address customised customer requirements.
- Long standing relationships with a diversified customer base and strong global presence.
- Experienced, Qualified and Professional Leadership Team with a focus on business sustainability.
- Robust financial performance.
Objects Of The Issue
- Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company; (Est. Amount ₹60.00 Cr.)
- General corporate purposes.
Company Address
Prasol Chemicals Limited
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;
Telephone: + 91 22 6195 2500;
E-mail: investorservices@prasolchem.com
Website: www.prasolchem.com
Prasol Chemicals IPO Review
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Prasol Chemicals IPO FAQs
What is the Prasol Chemicals IPO?
The Prasol Chemicals IPO is a Mainboard IPO offering 73,96,437 equity shares with a face value of ₹2 per share, with a price band of ₹643 to ₹676 per share, and a total issue size of ₹500.00 crore. Investors can bid for a minimum of 22 shares per lot.
The subscription window for this IPO will open on September 08, 2026, and close on September 10, 2026.
KFin Technologies Limited has been appointed as the registrar for the issue. The company’s equity shares are expected to be listed on both the BSE and NSE.
Desclaimer: This Content Was Compiled By The IPO Investors Team After Researching and Reviewing The Prasol Chemicals IPO RHP (Red Herring Prospectus) And Other Official IPO-Related Documents Publicly Available To Investors. This Information Is Provided For Informational And Educational Purposes Only.
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