Prasol Chemicals Limited IPO Price: ₹643 to ₹676 per share
IPO Dates: 8 to 10 Sept, 2026
Company Overview
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..
Business Operations
The company’s product portfolio comprises 21 acetone-based chemicals, 53 phosphorous-based chemicals, and 76 other specialty chemicals, including surfactants, esters, and acids.
Its products serve five major industries: performance chemicals such as lubricant and mining additives, paint, inks, construction, and adhesives (PICA), pharmaceuticals, agrochemicals, and home and personal care.
Manufacturing Facilities
Prasol Chemicals operates two manufacturing facilities, located in Khopoli across 1,20,604 sq. m. and Mahad across 1,19,423 sq. mt. The facilities have an aggregate capacity of 98,644 MT per year.
Customer Base
As of July 31, 2026, the company served 1600 customers. Its key customers include Alembic Pharmaceuticals, Lubrizol India, Rossari Biotech, Clean Science, Gharda Chemicals, Croda India, Supriya Lifescience, Yasho Industries, among others.
Global Presence
The company exports to 69 countries and has a strong global distribution network across APAC, North and South America, and Europe. It is certified as a 3 Star Export House by the Indian government.
Competitive Strengths
- Highly diversified product portfolio used across various application industries
- Well-established R&D capabilities driving innovation with a strong pipeline of products
- Long-standing relationships with a diversified customer base and strong global presence
- Experienced, qualified, and professional leadership team
- Robust financial performance track record
Bidding Starts In
Prasol Chemicals Limited IPO Specifics:
| IPO Date | 8 to 10 Sep, 2026 |
| Listing Date | Wed, Sep 16, 2026T |
| Face Value | ₹2 per share |
| Price Band | ₹643 to ₹676 |
| Lot Size | 22 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 73,96,437 shares (agg. up to ₹500 Cr) |
| Fresh Issue | 11,83,431 shares (agg. up to ₹80 Cr) |
| Offer for Sale | 62,13,006 shares of ₹2 (agg. up to ₹420 Cr) |
| Share Holding Pre Issue | 5,80,00,000 shares |
| Share Holding Post Issue | 5,91,83,431 shares |
Prasol Chemicals IPO Timetable (Important Dates)
| Event | Date |
|---|---|
| IPO Open | Tue, Sep 8, 2026 |
| IPO Close | Thu, Sep 10, 2026 |
| Allotment | Fri, Sep 11, 2026 |
| Refund | Tue, Sep 15, 2026 |
| Credit of Shares | Tue, Sep 15, 2026 |
| Listing | Wed, Sep 16, 2026 |
Prasol Chemicals Limited IPO Lot Size
Bidders have the opportunity to bid for a minimum of 22 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 22 | ₹14,872 |
| Retail (Max) | 13 | 286 | ₹1,93,336 |
| S-HNI (Min) | 14 | 308 | ₹2,08,208 |
| S-HNI (Max) | 67 | 1,474 | ₹9,96,424 |
| B-HNI (Min) | 68 | 1,496 | ₹10,11,296 |
Prasol Chemicals Limited IPO Reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Offer |
| Retail | Not less than 35% of the Offer |
| NII | Not less than 15% of the Offer |
Prasol Chemicals Limited IPO Financial Information
| Particulars (₹ Cr) | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 839.28 | 723.09 | 626.36 |
| Total Income | 1,237.85 | 1,015.54 | 887.56 |
| Profit After Tax | 83.12 | 43.57 | 18.13 |
| EBITDA | 139.32 | 87.77 | 60.53 |
| Net Worth | 448.51 | 367.46 | 325.84 |
| Reserves & Surplus | 436.91 | 355.87 | 314.24 |
| Total Borrowing | 110.06 | 101.05 | 82.07 |
Key Performance Indicator-Prasol Chemicals Limited IPO
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 20.37% |
| ROCE | 22.43% |
| Debt/Equity | 0.19 |
| RoNW | 18.53% |
| PAT Margin | 6.74% |
| EBITDA Margin | 11.30% |
| NAV | 77.33 |
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 14.33 | – |
| Market Cap at Offer Price | – | ₹4,000.80 Cr |
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
Prasol Chemicals Limited IPO RHP
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