Prasol Chemicals IPO
Prasol Chemicals, founded in 1992, is a speciality chemicals manufacturer. The firm manufactures over 150 specialty chemicals, such as acetone-based, phosphorus-based, and other complex chemicals. Its product portfolio includes 21 acetone-based chemicals, 53 phosphorus-based chemicals, and 76 other specialty chemicals.
IPO GMP
₹0
+0% expected gain
Price Band
₹676
Lot Size
22 shares
Min Investment
₹14,872
Listing Date
September 16, 2026
About Prasol Chemicals
Company overview, business, and key facts.
Prasol Chemicals, founded in 1992, is a speciality chemicals manufacturer. The firm manufactures over 150 specialty chemicals, such as acetone-based, phosphorus-based, and other complex chemicals. Its product portfolio includes 21 acetone-based chemicals, 53 phosphorus-based chemicals, and 76 other specialty chemicals.
Its products cater to a wide range of industries: performance chemicals (like lubricants and mining additives), paint, inks, construction, and adhesives (PICA), pharmaceuticals, agrochemicals, and home and personal care. Major customers include Alembic Pharmaceuticals, Lubrizol India, Rossari Biotech, Clean Science, Gharda Chemicals, Croda India, Supriya Lifescience, and Yasho Industries. So far, the firm has served 1600 customers and exports to 69 countries. Moreover, Prasol Chemicals operates 2 manufacturing facilities in Khopoli (1,20,604 sq. m.) and Mahad (1,19,423 sq. mt.).
Founded
1992
Headquarters
Thane, Maharashtra
Website
http://www.prasolchem.com/
IPO Details
Subscription Status
How many times each investor category has bid for the issue.
Strengths & Risks
Strengths
- Diversified Specialty Chemicals: The company produces more than 150 specialty chemicals with various applications in different sector
- Research and Development Strength: Research and development efforts at Prasol are geared towards innovating and creating a strong product pipeline. The technical strength of the company enables it to diversify its specialty chemicals product portfolio.
- Global Presence and Diversified Customer Base: The company has an extensive list of customers, and it has maintained relations with a number of its customers since its founding years. It supplies to 1,600 customers across various industries. The company operates in 69 countries.
Risks
- Reliance on Manufacturing Plants: The manufacturing plants located at Khopoli and Mahad play a crucial role in the operations of the company. In the past, orders by MPCB to close the manufacturing plants pose a threat to the company.
- Hazardous materials and operational risk: Some of the materials, intermediate products and final products which the firm deals with may be considered hazardous and corrosive or flammable materials and require special handling. Any accidents in relation to these materials may lead to the loss of life and property and disruption of operations.
- Outstanding litigations: The company and its promoters/directors have some pending litigation. An unfavorable verdict in any of such litigations may adversely impact the operations of the business.
Financials
Restated summary financials for the most recent periods.
Figures are indicative and restated for presentation.
Prasol Chemicals IPO Key Numbers
Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.
Market cap at upper band
₹4,000.8 Cr
Post-IPO shares × upper price band
ROE / ROCE
20.37% / 22.43%
As published in the offer document
Debt to equity
0.19
Promoter holding
89.2% → 76.92%
Before → after the IPO
Issue mix
16% fresh / 84% sale
Fresh issue goes to the company, offer for sale to selling shareholders
GMP-implied gain per lot
₹0
22 shares on ₹14,872. GMP is unofficial.
Watch-outs
- 84% of the issue is an offer for sale, so most money goes to selling shareholders, not the company.
- 100% of the disclosed use of proceeds is debt repayment.
- 1 use-of-proceeds item(s) have no disclosed amount.
Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.
IPO Analysis SummaryAI-generated
A plain-language review of Prasol Chemicals's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.
Prasol Chemicals IPO Review
Analysis based on live GMP, subscription, and issue details.
Prasol Chemicals IPO is currently showing a neutral GMP of ₹0, suggesting the market is cautious about listing gains.
The IPO has been subscribed 2.64x overall — QIB: 5.63x, NII: 1.27x, Retail: 1.52x.
Prasol Chemicals IPO subscription has closed. The shares are expected to list on September 16, 2026.
The minimum investment required is ₹14,872 for 22 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.
Key strengths include: Diversified Specialty Chemicals: The company produces more than 150 specialty chemicals with various applications in different sector; Research and Development Strength: Research and development efforts at Prasol are geared towards innovating and creating a strong product pipeline. The technical strength of the company enables it to diversify its specialty chemicals product portfolio.. Investors should note the following risks: Reliance on Manufacturing Plants: The manufacturing plants located at Khopoli and Mahad play a crucial role in the operations of the company. In the past, orders by MPCB to close the manufacturing plants pose a threat to the company.; Hazardous materials and operational risk: Some of the materials, intermediate products and final products which the firm deals with may be considered hazardous and corrosive or flammable materials and require special handling. Any accidents in relation to these materials may lead to the loss of life and property and disruption of operations..
Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.
Prasol Chemicals IPO — Frequently Asked Questions
What is Prasol Chemicals IPO GMP today?
Prasol Chemicals IPO GMP (grey market premium) today is ₹0, suggesting an estimated listing gain of +0%. GMP is indicative and subject to change.
What is the price band of Prasol Chemicals IPO?
The price band for Prasol Chemicals IPO is ₹676 with a lot size of 22 shares. The minimum investment required is ₹14,872.
When is Prasol Chemicals IPO allotment date?
Prasol Chemicals IPO allotment is expected to be finalised on September 11, 2026. You can check your allotment status on the registrar's website (Kfin Technologies Ltd.) using your PAN number.
When will Prasol Chemicals IPO list on NSE/BSE?
Prasol Chemicals IPO is expected to list on BSE, NSE on September 16, 2026.
How to check Prasol Chemicals IPO allotment status?
To check Prasol Chemicals IPO allotment status, visit the registrar's website (Kfin Technologies Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.
Should I apply for Prasol Chemicals IPO?
Prasol Chemicals IPO has a GMP of ₹0. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.
What is the lot size of Prasol Chemicals IPO?
The lot size for Prasol Chemicals IPO is 22 shares per lot. The minimum investment for retail investors is ₹14,872. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.