Prasol Chemicals IPO open date is September 8, 2026 and the IPO will close on September 10, 2026. Prasol Chemicals IPO is a Bookbuilding Issue. The company to raise around ₹500 crores via IPO that comprises fresh issue of ₹80 crores and offer for sale up to 62,13,006 equity shares with face value of ₹2 each.
Prasol Chemicals IPO price band is ₹643 to ₹676 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Prasol Chemicals IPO to list on BSE, NSE on September 16, 2026. The allotment of Prasol Chemicals IPO date is September 11, 2026.
The company reported revenue of ₹1,237.85 crores in 2026 against ₹1,015.54 crores in 2025. The company reported profit of ₹83.12 crores in 2026 against profit of ₹43.57 crores in 2025. As per the financials the IPO investors should apply the IPO for a long term.
Prasol Chemicals Subscription Status
Lot Size & Investment
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 22 | 14872 | 117671 |
| sHNI | 14 | 308 | 208208 | 1201 |
| bHNI | 68 | 1496 | 1011296 | 2401 |
Share Reservation
| Category | Shares Offered | % |
|---|---|---|
| Total | 7396438 | 100% |
| QIB | 3698219 | 50% |
| HNI | 1109466 | 15% |
| Retail | 2588753 | 35% |
About the Company
IPO Details
| Total Issue Size | 73,96,437 shares (aggregating up to ₹500 Cr) |
| Fresh Issue | 11,83,431 shares (aggregating up to ₹80 Cr) |
| Offer For Sale | 62,13,006 shares (aggregating up to ₹420 Cr) |
| Face Value | ₹2/- Per Share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE,BSE |
| Share Holding Pre Issue | 5,80,00,000 shares |
| Share Holding Post Issue | 5,91,83,431 shares |
Key Performance Indicators (KPI)
| KPI | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| RONW | 18.53% | 11.86% | 5.56% |
| EPS (BASIC) | 14.33 | 7.51 | 3.13 |
| P/E PRE IPO | 47.17 | ||
| P/E POST IPO |
Company Financial (In ₹Crore)
| Period Ended | Mar-26 | Mar-25 | Mar-24 |
|---|---|---|---|
| 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 and Surplus | 436.91 | 355.87 | 314.24 |
| Total Borrowing | 110.06 | 101.05 | 82.07 |
Peer Comparision (Valuation)
| Company | P/E (x) | Face value (₹) |
|---|---|---|
| Prasol Chemicals Limited | 47.17 | 2 |
| Aarti Industries Limited | 46.79 | 5 |
| Atul Limited | 28.04 | 10 |
| Laxmi Organic Industries Limited | 59.95 | 2 |
| Vinati Organics Limited | 30.95 | 1 |
| Privi Speciality Chemicals Limited | 42.67 | 10 |
| Yashashvi Industries Limited | 206.68 | 10 |
| Excel Industries Limited | 17.12 | 5 |
Peer Comparision (Financial Performance)
| Company | NAV/Share (₹) | RoNW (%) | EPS (Basic) (₹) |
|---|---|---|---|
| Prasol Chemicals Limited | 77.33 | 18.53% | 14.33 |
| Aarti Industries Limited | 164.27 | 7.04% | 11.56 |
| Atul Limited | 2,136.46 | 10.95% | 230.25 |
| Laxmi Organic Industries Limited | 71.66 | 4.00% | 2.87 |
| Vinati Organics Limited | 304.99 | 14.03% | 42.8 |
| Privi Speciality Chemicals Limited | 368.79 | 21.99% | 81.08 |
| Yashashvi Industries Limited | 368.18 | 5.69% | 20.95 |
| Excel Industries Limited | 1,354.74 | 4.44% | 60.19 |
About Company
Incorporated in 1992, Prasol Chemicals operates in the specialty chemicals industry and manufactures over 150 specialty chemicals. Its portfolio includes 21 acetone-based chemicals, 53 phosphorous-based chemicals and 76 other specialty chemicals such as surfactants, esters and acids.
The company’s products cater to five major industries, including performance chemicals, paints, inks, construction and adhesives (PICA), pharmaceuticals, agrochemicals, and home and personal care.
Prasol Chemicals operates two manufacturing facilities located at Khopoli and Mahad, Maharashtra, spread across approximately 1,20,604 sq. m. and 1,19,423 sq. m., respectively, with an aggregate manufacturing capacity of 98,644 MT per annum.
The company serves a diversified customer base including Alembic Pharmaceuticals, Lubrizol India, Rossari Biotech, Clean Science, Gharda Chemicals, Croda India, Supriya Lifescience and Yasho Industries. As of July 31, 2026, it served approximately 1,600 customers and exported to 69 countries.
Prasol Chemicals is a 3 Star Export House recognised by the Government of India and has a global distribution network across APAC, North and South America and Europe.
Strengths
Diversified Specialty Chemical Portfolio: The company manufactures more than 150 specialty chemicals serving multiple application industries. This diversification helps reduce dependence on any single product or end-use segment.
Strong R&D Capabilities: Prasol has established R&D capabilities focused on innovation and developing a pipeline of new products. Its technical capabilities support the expansion of its specialty chemical portfolio.
Diversified Customer Base & Global Presence: The company has longstanding relationships with a broad customer base and serves around 1,600 customers across multiple industries. Its presence in 69 countries and distribution network across major global markets provide international reach.
Risk Factors
Dependence on Manufacturing Facilities: The company's operations depend significantly on its manufacturing facilities at Khopoli and Mahad. Past directions from MPCB to shut down these facilities highlight the risk of regulatory action, unplanned shutdowns or under-utilisation, which could adversely affect operations and financial performance.
Hazardous Materials & Operational Risks: Certain raw materials, by-products and finished products handled by the company are hazardous, corrosive or flammable and require specialised handling and storage. Any accident involving these materials could result in loss of life or property and disrupt operations.
Outstanding Litigations: There are outstanding litigations involving the company, its promoters and directors. Any adverse outcome in these proceedings could negatively affect the company's results of operations and financial condition.
IPO Lead Managers aka Merchant Bankers
- Dam Capital Advisors Ltd.
Company Address
Prasol Chemicals Ltd.
Prasol House, Plot No A – 17/2/3,
T. T. C, Industrial Area, Khairne M.I.D.C.,
Navi Mumbai,
Thane, Maharashtra, 400710
Phone: +91 22 6195 2500
Email: investorservices@prasolchem.com
Website: http://www.prasolchem.com/
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: prasol.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Prasol Chemicals IPO FAQs
What is Prasol Chemicals IPO?
Prasol Chemicals IPO is Mainboard IPO. The company is going to raise ₹500 Crores via IPO. The issue is priced at ₹643 to ₹676 per equity share. The IPO is to be listed on BSE & NSE.
When Prasol Chemicals IPO will open for subscription?
The IPO is to open on September 8, 2026 for QIB, NII, and Retail Investors. The IPO will close on September 10, 2026.
What is Prasol Chemicals IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Prasol Chemicals IPO?
You can apply for Prasol Chemicals IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Prasol Chemicals IPO Issue Size?
Prasol Chemicals IPO issue size is ₹500 crores.
What is Prasol Chemicals IPO Price Band?
Prasol Chemicals IPO Price Band is ₹643 to ₹676.
What is Prasol Chemicals IPO Lot Size?
The minimum bid is 22 Shares with ₹14,872 amount.
What is the Prasol Chemicals IPO Allotment Date?
Prasol Chemicals IPO allotment date is September 11, 2026.
What is the Prasol Chemicals IPO Listing Date?
Prasol Chemicals IPO listing date is September 16, 2026. The IPO is to list on BSE & NSE