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Prasol Chemicals IPO
Prasol Chemicals Limited
Minimum investment
Prasol Chemicals IPO Details
Bidding date
08 Sep - 10 Sep 2026
Price range
₹643 - ₹676
Minimum quantity
22
Minimum investment
₹14,146
Issue size
₹500 Cr.
IPO doc (link)
RHP docsListing exchange
NSE/BSE
Prasol Chemicals IPO Dates & Timeline
IPO Objectives & Issue Structure
Total Issue Size:
₹500 Crore
Fresh Issue: 16% (₹80 Cr)
OFS: 84% (₹420 Cr)
Fresh Issue – ₹80 Crore
- Repayment / Pre-payment of Borrowings - ₹60 Cr
Offer for Sale – ₹420 Crore
- Sale of Shares by Existing Shareholders - ₹420 Cr
Before Issue: 89.2%
After Issue: 77.51%
Shareholder Lock-in Schedule
Lock-in / Stabilization | Timeline |
|---|---|
Minimum Promoter Contribution (20%) | 3 Years from Allotment |
Promoter Holding Above 20% | 1 Year from Allotment |
Other Pre-Offer Shares | 6 Months from Allotment |
Anchor Investors – 50% Shares | 30 Days from Allotment |
Anchor Investors – Remaining 50% | 90 Days from Allotment |
Note: Retail IPO investors have no lock-in and can sell shares from the listing day.
Prasol Chemicals IPO Subscription Status
Category | Subscription |
|---|---|
Qualified Institutional Buyers | 7.22x |
Retail Individual Investor | 1.7x |
Non-Institutional Investor | 1.8x |
Others | - |
Total | 3.30x |
About Prasol Chemicals IPO: Company Overview
Prasol Chemicals Ltd., incorporated in 1992, is a specialty chemicals manufacturer with a diversified portfolio of more than 150 products. The company manufactures 21 acetone-based chemicals, 53 phosphorous-based chemicals and 76 other specialty chemicals, including surfactants, esters and acids. Its products cater to multiple industries such as performance chemicals, paints, inks, construction and adhesives, pharmaceuticals, agrochemicals, and home and personal care. Prasol Chemicals operates two manufacturing facilities at Khopoli and Mahad with an aggregate production capacity of 98,644 MT per year. As of July 31, 2026, the company served around 1,600 customers and exported its products to 69 countries. It is recognised as a 3 Star Export House by the Government of India and has a global distribution network across APAC, North and South America, and Europe. Its customer base includes established companies such as Alembic Pharmaceuticals, Lubrizol India, Rossari Biotech, Clean Science, Gharda Chemicals, Croda India, Supriya Lifescience and Yasho Industries. The company also has established R&D capabilities focused on product innovation and expanding its specialty chemical product portfolio.
Strengths & Risks of Prasol Chemicals IPO
Diversified Product Portfolio: Prasol Chemicals manufactures more than 150 specialty chemicals across acetone-based, phosphorous-based and other chemical categories, reducing dependence on a single product.
Diverse End-Use Industries: Its products are used across performance chemicals, paints, inks, construction and adhesives, pharmaceuticals, agrochemicals, and home and personal care, providing exposure to multiple industries.
Strong Global Presence: The company exports to 69 countries and has an established distribution network across APAC, North and South America, and Europe.
Established Customer Base: As of July 31, 2026, the company served around 1,600 customers, including several established players in the pharmaceutical, chemical and specialty chemical sectors.
Strong Financial Growth: Total income increased by around 22% from FY2025 to FY2026, while Profit After Tax increased by around 91%, reflecting significant improvement in profitability.
Raw Material Price Volatility: Fluctuations in the prices and availability of raw materials could increase production costs and negatively affect the company's margins and profitability.
Chemical Industry Risks: The company operates in a competitive specialty chemicals industry where changes in demand, product prices, competition and global economic conditions can impact business performance.
Export Market Exposure: With exports to 69 countries, the company is exposed to international market conditions, foreign exchange fluctuations, trade policies and country-specific risks.
Customer-Related Risks: Although the company has a diversified customer base, any significant reduction or loss of business from key customers could adversely affect its revenue and profitability.
Manufacturing Risks: The company's operations depend on its manufacturing facilities at Khopoli and Mahad. Any operational disruption, accident, equipment failure or other production-related issue could affect business operations.
Prasol Chemicals Financials: Revenue, Profit & EBITDA
1 Cr.
Mar'26
83.12 Cr.
Mar'26
139.32 Cr.
Mar'26
How to Apply for Prasol Chemicals IPO: Step-by-Step Guide
- Research the IPO:Review the prospectus and company details.
- Open accounts:Ensure you have a demat and trading account.
- Check dates:Note the IPO opening and closing dates.
- Apply online:Log in to your brokerage account and complete the IPO application form.
- Make payment:Pay through your linked bank account.
- Submit application:Confirm and submit your application.
- Track status:Monitor the allotment status and check for shares in your demat account upon listing.
Prasol Chemicals IPO Market Sentiment: See How Many Are Interested
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