Prasol Chemicals Ltd IPO
Price Range
₹643 - ₹676
-
Min. Quantity
22 Shares
Closes on
September 10, 2026
-
Min. investment
₹14,872
Prasol Chemicals Ltd IPO Timeline
| Event | Date |
|---|---|
| Prasol Chemicals Ltd IPO Opening Date | September 8, 2026 |
| Prasol Chemicals Ltd IPO Closing Date | September 10, 2026 |
| Basis of Allotment | September 11, 2026 |
| Initiation of Refunds | September 15, 2026 |
| Credit of Shares to Demat | September 15, 2026 |
| Prasol Chemicals Ltd IPO Listing Date | September 16, 2026 |
Prasol Chemicals Ltd IPO Details
| Prasol Chemicals Ltd IPO Date | September 8, 2026 to September 10, 2026 |
| Prasol Chemicals Ltd IPO Face Value | ₹2 per share |
| Prasol Chemicals Ltd IPO Price | ₹643 to ₹676 per share |
| Prasol Chemicals Ltd IPO Lot Size | 22 |
| Issue Size | Shares of ₹2 (aggregating up to ₹500 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹80 Cr) |
| Offer for Sale | Shares of ₹2 (aggregating up to ₹420 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 15,55,209 of the Net Offer |
| Retail Shares Offered | Not less than 27,21,614 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 11,66,406 of the Net Offer |
| Company Promoters | Usha Rajnikant Shah (held joi, Gaurang Natwarlal Parikh (held, Nishith Rasiklal Dharia (held |
Prasol Chemicals Ltd IPO Lot Size
The Prasol Chemicals Ltd IPO lot size is 22 shares. A retail-individual investor can apply for up to 13 lots (286 shares or ₹1,93,336).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 22 | ₹14,872 |
| Maximum | 13 | 286 | ₹1,93,336 |
- Strengths
- Risks
- Opportunities
- 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.
Company Financials
Prasol Chemicals Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2026 | 839.27 | 1,237.85 | 83.12 |
| 03-2025 | 723.09 | 1,015.59 | 43.57 |
| 03-2024 | 626.37 | 887.56 | 18.14 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment or pre-payment, in full or in part, of certain of the outstanding borrowings availed by the Company
- General corporate purposes
Prasol Chemicals Ltd IPO Promoter Holding
| Pre Issue Share Holding | 11.86% |
| Post Issue Share Holding | 8.63% |
Prasol Chemicals Ltd IPO Subscription Status (Bidding Detail)
The Prasol Chemicals Ltd IPO is subscribed 0.41 times on September 10, 2026 05:00:00 PM. The public issue subscribed 0.6905 times in the retail category, 0.0029 times in the QIB category, and 0.311 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 0.0029 | 0.311 | 0.6905 | - | 0.41 |
Prasol Chemicals Ltd IPO Prospectus
Prasol Chemicals Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | BSE, NSE |
| ISIN | INE455U01024 |
| IPO Price | ₹0 |
| Face Value | ₹2 |
Company Contact Information
Plot No A-17/2/3TTC Indl Area Khairne MIDC,Navi Mumbai-400710
Phone: +91 22 6195 2500
Email: investorservices@prasolchem.com
Website: www.prasolchem.com
Prasol Chemicals Ltd IPO Registrar
Prasol Chemicals Ltd IPO Lead Manager(s)
- DAM Capital Advisors Limited
How to Check the Allotment Status of Prasol Chemicals Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Prasol Chemicals Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Prasol Chemicals Ltd IPO
Prasol Chemicals Ltd. was originally incorporated as 'Prachi Poly Products Private Limited' dated January 24, 1992 at Mumbai. The Company name was changed to 'Prachi Poly Products Limited' on January 10, 1995 by the RoC. The name then changed to 'Prasol Chemicals Limited' on March 26, 2007. Later on, the name was changed to Prasol Chemicals Private Limited and consequently, changed again to Prasol Chemicals Limited with effect from February 4, 2022.
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