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Home IPOs Prasol Chemicals Ltd
PR
Prasol Chemicals Ltd
UPCOMING NSE & BSE Bookbuilding IPO Fresh capital cum OFS
GREY MARKET PREMIUM
₹ 0
No premium data
EST. LISTING PRICE
₹676
Issue Price: ₹ 676
Issue Price
₹676
Face Value
₹2
Lot Size
22 shares
Open Date
08 Sep 2026
Close Date
10 Sep 2026
Allotment
11 Sep 2026
Listing Date
16 Sep 2026
Exchange
NSE & BSE
About the 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:

  • Highly diversified product portfolio used across various Application Industries
  • Well established R&D capabilities driving innovation with 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
Objects of the Issue
Purpose Amount (₹ Cr)
Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company ₹60
General Corporate Purposes
Lead Managers
Dam Capital Advisors Ltd
Financial Summary Amount in ₹ Crore
Metric 31 Mar 2026 31 Mar 2025 31 Mar 2024
Total Assets 839 723 626
Revenue 1,238 1,016 888
PAT 83 44 18
EBITDA 139 88 61
Net Worth 449 367 326
Reserves 437 356 314
Total Borrowing 110 101 82
Key Financial Ratios
ROE
20
ROCE
22
RONW
19
PAT Margin
7
EBITDA Margin
11
Debt/Equity
0
Issue Details
Pre-Issue Shareholding
58,000,000 shares
Post-Issue Shareholding
59,183,431 shares
IPO Analytics Dashboard
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IPO Insights
📊
Valuation
Moderate
IPO Strength Score
4 / 10 Moderate
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
🏦 QIB Not more than 50% of the Offer
💼 NII / HNI Not less than 15% of the offer
👤 Retail (RII) Not less than 35% of the Offer

* Amount calculated at upper price band (₹676) ·  ** Total includes all investor categories

Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 1
Shares / Lot 22
Min. Investment ₹14,872
💼 HNI Investors ?
Min. Lots 14
Min. Shares 308
Min. Investment ₹208,208
🏛️ bHNI (>₹10L) ?
Min. Lots 68
Min. Shares 1,496
Min. Investment ₹1,011,296
Valuation — EPS & P/E Pre & post-issue metrics
Pre-Issue EPS ?
₹ 14
IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 15 Sep 2026
  2. 2 📂 Credit of Shares to Demat 15 Sep 2026
Investor Interpretation
  • Pre-issue EPS of ₹14.

This IPO has relatively lower interest or stretched valuation. Proceed with thorough research and caution.

Company Info
📍 Prasol House, Plot No A - 17/2/3, T. T. C, Industrial Area, Khairne M.I.D.C., Navi Mumbai, Thane, Maharashtra, 400710
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Registrar
Kfin Technologies Ltd
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