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Prasol Chemicals Ltd IPO Day 1 Subscription Status

Prasol Chemicals Ltd

IPO Day 1 Subscription Status

Prasol Chemicals Ltd IPO Day 1 Subscription Status

Prasol Chemicals Ltd IPO Day 1 Subscriptions details: check bidding details

Prasol Chemicals Ltd IPO day 1 subscription details:

The initial public offering of Prasol Chemicals Ltd ended the first day with investors bidding 0.30 the available shares on offer worth 500.00. The retail investor portion of the IPO was subscribed 0.51 times the available shares on offer. Retail investors have 50.00% of the total issue reserved for them.

At the end of bidding on day 1, the qualified institutional buyers' (QIB) portion of the 0.19% got bids for 0.00 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non-institutional investors quota got bids for 0.20 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Here's a snapshot of the subscription details:

Investor CategorySubscription (Times)
Qualified Institutional Buyers (QIB)0.00
Non-Institutional Investors (NII)0.20
Retail Individual Investors (RII)0.51
Total0.71

Prasol Chemicals Ltd IPO details :

Prasol Chemicals Ltd's IPO consists of an offer for sale of 420.00 shares and a fresh issue of ₹80.00. The IPO’s price band is ₹643 – ₹676 per share. The company’s shares will be listed on BSE, NSE on 16 Sep 26.

Here are the key details of Prasol Chemicals Ltd IPO

Offer for sale: 420.00 shares

Fresh issue: 80.00

Price Band: ₹643 – ₹676 per share

Bid open dates: 08 Sep 26

Allotment date: 11 Sep 26

Listing date: 16 Sep 26

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