Prasol Chemicals Ltd.
NSE & BSE₹643–676
₹ 368 Cr
22 Shares
₹ 14,146
₹2
Financial Summary
| Particulars | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 10,124.94 | 8,765.65 | |
| 30.46 | 109.97 | |
| 10,155.4 | 8,875.62 | |
| 9,247.28 | 8,160.25 | |
| 592.87 | 335.1 | |
| 435.69 | 181.31 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
8 Sept 2026
IPO Offer Ends
10 Sept 2026
16 Sept 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or part, of certain borrowings availed of by our Company | 600 |
| 2 | General corporate purposes | 163.9 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
89.20%
Promoter stake
Post-IPO
75.25%
Promoter stake
Offered to Public
73,96,437
shares
Post Share Capital
4,45,33,327
shares
IPO Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
About the Company
We are among the leading forward integrated manufacturers of acetone derivatives and phosphorous derivatives in India. (Source: CRISIL Report) Our products have end uses in four segments namely pharmaceuticals, agrochemicals, home and personal care and performance chemicals. Since incorporation, we have significantly expanded our business and scale of operations and have grown from a small scale manufacturer to a large diversified specialty chemical player with a global footprint. We are a Government of India certified Two Star Export House Company with the global distribution network spread across 45 countries across Asia, North America and the European Union as on December 31, 2021. The revenue from export of our products for the nine month period ended December 31, 2021 and for Fiscals 2021, 2020 and 2019 accounted for ? 1,342.79 million, ? 1,387.20 million, ? 1,406.47 million and ? 1,245.00 million, resulting into 21.24%, 23.04%, 26.30% and 24.96%, of our total income, respectively for such periods.
Use of Proceeds
1. Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company;2. General corporate purposes.
Prasol Chemicals Ltd. Latest News
News
Prasol Chemicals lists with 10% discount on the BSE
The scrip is currently trading at Rs. 620.40, down by 55.60 points or 8.22% from its issue price
Prasol Chemicals coming with IPO to raise up to Rs 525.66 crore
The issue will open for subscription on September 08, 2026 and will close on September 10, 2026
IPO FAQs
The Prasol Chemicals Ltd. IPO has a total of ₹368 crore, calculated at the upper end of the .
The Prasol Chemicals Ltd. IPO is priced at ₹643–676 per share. bids must fall within this , against a of ₹2 per share.
The for the Prasol Chemicals Ltd. IPO is 22 shares, which is also the minimum order quantity — you have to apply for at least 22 shares, and in multiples of 22 beyond that.
The minimum investment in the Prasol Chemicals Ltd. IPO is about ₹14,146 — one lot of 22 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Prasol Chemicals Ltd. opens on 8 Sept 2026 and closes on 10 Sept 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Prasol Chemicals Ltd. shares were listed on 16 Sept 2026 on BSE and NSE.
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.) is the for the Prasol Chemicals Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone 040 - 67162222/18003094001 and email einward.ris@kfintech.com.
Prasol Chemicals Ltd. IPO shares are listed on BSE and NSE.
Each Prasol Chemicals Ltd. share has a of ₹2.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 89.20% of Prasol Chemicals Ltd. before the IPO, which falls to 75.25% after the issue.
73,96,437 shares of Prasol Chemicals Ltd. are being offered to the public in this issue.
The Prasol Chemicals Ltd. IPO has been subscribed 3.30x overall — 7.22x, 1.80x and 1.70x.
figures update through the issue period until it closes.
- 1.Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company
- 2.General corporate purposes
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.) is the book running lead manager for the Prasol Chemicals Ltd. IPO.
Pre-apply means placing your Prasol Chemicals Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Prasol Chemicals Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Prasol Chemicals Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.