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Prasol Chemicals IPO

IPO Details

IPO Date8 to 10 Sep, 2026
Listing DateWed, Sep 16, 2026
Face Value₹ 2 per share
Price Band₹643 to ₹676
Lot Size22 Shares
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Total Issue Size73,96,437 shares (agg. up to ₹ 500 Cr)
Fresh Issue11,83,431 shares (agg. up to ₹ 80 Cr)
Offer for Sale62,13,006 shares of ₹ 2 (agg. up to ₹ 420 Cr)
Share Holding Pre Issue5,80,00,000 shares
Share Holding Post Issue5,91,83,431 shares

IPO Important Dates

IPO OpenTue, Sep 8, 2026
IPO CloseThu, Sep 10, 2026
AllotmentFri, Sep 11, 2026
RefundTue, Sep 15, 2026
Credit of SharesTue, Sep 15, 2026
ListingWed, Sep 16, 2026

IPO Lot Size

Retail (Min)122₹14,872
Retail (Max)13286₹1,93,336
S-HNI (Min)14308₹2,08,208
S-HNI (Max)671,474₹9,96,424
B-HNI (Min)681,496₹10,11,296

Financial Information

Assets839.28723.09626.36
Total Income1,237.851,015.54887.56
Profit After Tax83.1243.5718.13
EBITDA139.3287.7760.53
NET Worth448.51367.46325.84
Reserves and Surplus436.91355.87314.24
Total Borrowing110.06101.0582.07

Key Performance Indicator

ROE20.37%
ROCE22.43%
Debt/Equity0.19
RoNW18.53%
PAT Margin6.74%
EBITDA Margin11.30%
NAV77.33

Information about 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.

Competitive Strengths:

Objectives of IPO

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
#: Issue Objects
1: Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company
2: General Corporate Purposes
: Total

Disclaimer

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.

We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.

No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever

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Day Wise GMP

03-09-20266760 (0%)676

IPO Reservation

QIBNot more than 50% of the Offer
RetailNot less than 35% of the Offer
NIINot less than 15% of the offer