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Prasol Chemicals IPO Dates

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PRASOLCHEM · Chemicals · NSE

Updated · GMP, subscription and listing data refresh through the day.

Prasol Chemicals IPO Details

RegistrarKFin Technologies Limited
Lead managersDAM Capital Advisors Limited
Fresh issue₹80 Cr
Offer for sale₹420 Cr
Market cap at the offer₹4,001 Cr

Market capitalisation is the post-issue share count in the offer document’s capital structure (5,91,83,431 shares) multiplied by the upper end of the price band, ₹676. It is arithmetic on those two filed figures, not a valuation.

Prasol Chemicals IPO Objects of the Offer what the fresh issue funds

Object of the offer₹ crore
Repayment or pre-payment, in full or in part, of certain borrowings₹60
General corporate purposes—

As stated in the “Objects of the Offer” section of the offer document. Proceeds of the offer for sale go to the selling shareholders, not to the company.

Prasol Chemicals Financials ₹ in crore

Revenue CAGR+4.3%2023 → 2025 · 2 yrs
Profit CAGR-5.3%2023 → 2025 · 2 yrs
Total assets CAGR+2.2%2023 → 2025 · 2 yrs
00%5003%10005%15008%200010%202320242025
₹ crore202320242025
Revenue₹930.08₹876.57₹1,012.49
Expenses———
Net profit (PAT)₹48.59₹18.13₹43.57
PAT margin5.2%2.1%4.3%
Total assets₹692.54₹626.36₹723.09

Prasol Chemicals IPO Valuation and Listed Peers as stated in the offer document

CompanyP/EEPSRoNWNAV / share
Prasol Chemicals this issue, at ₹676—₹14.3318.53%₹77.33
Aarti Industries Limited46.79×₹11.567.04%₹164.27
Atul Limited28.04×₹230.2510.95%₹2136.46
Laxmi Organic Industries Limited59.95×₹2.874%₹71.66
Vinati Organic Limited30.95×₹42.814.03%₹304.99
Privi Speciality Chemicals Limited42.67×₹81.0821.99%₹368.79
Yasho Industries Limited206.68×₹20.955.69%₹368.18
Excel Industries Limited17.12×₹60.194.44%₹1354.74

The issue’s own figures are copied from the “Basis for the Offer Price” section of its offer document at the upper end of the price band, and the peers are the listed companies Prasol Chemicals names in that same section as its comparison set. Peer figures are for the periods the document states, so they are not necessarily the latest reported. Every cell is transcribed from the filing; none is calculated here, and a figure the document does not state is left blank.

Prasol Chemicals Shareholding before & after the IPO

Before the IPO
Pre-issue · the RHP's own shareholding pattern
89.2%
Promoter
After the IPO
Post-issue

This issue’s prospectus doesn’t state the post-issue register, and the exchange pattern is only filed around listing.

Promoter & promoter groupbefore the IPO
Holding89.2%
Shares5,17,35,560

The founding owners and their group entities.

The pre-issue ring is the shareholding-pattern table printed in this issue’s red herring prospectus. Pre-issue percentages are taken from the disclosure, never estimated.

Prasol Chemicals Anchor Investors largest allocation first

Anchor investors14named in the letter
Anchor book₹149.99 Crat ₹676 per share
Largest allocation13.33%ADITYA BIRLA SUN LIFE INSU…
#Anchor investorShares% of book₹ Cr
1ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED2,95,87813.33%20.00
2TATA AIA LIFE INSURANCE COMPANY LIMITED A/C SMALL CAP DISCOVERY2,95,87813.33%20.00
3RECENTLY LISTED IPO FUND ITI SMALL CAP FUND2,21,91410%15.00
4FUND (ULIF 071 22/05/23 SCF 110) TURNAROUND OPPORTUNITIES FUND2,21,89210%15.00
5CLARUS CAPITAL I - LVF 11,77,3527.99%11.99
6FUND TATA INDIA PHARMA & HEALTHCARE FUND1,47,9506.67%10.00
7EDELWEISS TRUSTEESHIP CO LTD AC- EDELWEISS MF AC- EDELWEISS1,47,9506.67%10.00
8NUVAMA MULTI ASSET STRATEGY RETURN FUND1,47,9506.67%10.00
9TATA INDIA INNOVATION FUND1,47,9286.67%10.00
10KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK SPECIAL OPPORTUNITIES1,17,8985.31%7.97
11FUND KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK HEALTHCARE FUND1,17,8765.31%7.97
12360 ONE EQUITY OPPORTUNITY FUND - SERIES 473,9863.33%5.00
13KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK RURAL OPPORTUNITIES60,1042.71%4.06
14AGGRESIVE HYBRID FUND EDELWEISS TRUSTEESHIP CO LTD AC - EDELWEISS MF AC- EDELWEISS44,3742%3.00

Ranked by size of allocation; every anchor in an issue pays the same price, so the ranking is the same whether read in shares, rupees or share of the book. Anchor investors are allotted shares one day before the issue opens, at a price fixed on that day, and are locked in afterwards (30 days for half the allocation, 90 days for the rest). Read straight from the company’s own Anchor Allocation intimation letter filed with the exchanges — names appear exactly as printed there. Percentages are the filer’s own and total the anchor portion, not the whole issue. View the filed letter

Prasol Chemicals IPO Lot Size & Minimum Investment by investor category

ApplicationSharesAmount at ₹676
Retail (min)1 lot22₹14,872
Retail (max)13 lots286₹1,93,336
sHNI (min)14 lots308₹2,08,208
bHNI (min)68 lots1,496₹10,11,296

One lot is 22 shares, so a single application at the ₹676 cut-off costs ₹14,872. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.

About Prasol Chemicals

Prasol Chemicals Limited is a manufacturer of specialty chemicals, including acetone-based and phosphorus-based specialty chemicals. The company has a diversified product portfolio with over 150 specialty chemical products and exports to 69 countries. It serves multiple industries including pharmaceuticals, agrochemicals, and home and personal care. The company was incorporated in 1992 and is headquartered in Navi Mumbai, Maharashtra.

Prasol Chemicals IPO Strengths & Risks as disclosed in the DRHP

▲ Strengths (7)
The company has a highly diversified product portfolio used across various application industries.
The company manufactures acetone-based and phosphorus-based specialty chemicals and other specialty chemicals.
The company has a broad portfolio of 150+ specialty chemical products and 1,107 customers, with exports to 69 countries.
The company is a forward-integrated manufacturer with over 33 years of experience in the specialty chemicals industry.
The company has a dedicated in-house R&D team of 18 members, focusing on product development across segments.
The company has long-standing relationships with a diversified customer base and a strong global presence.
The company is well-positioned to leverage emerging global opportunities in the specialty chemical landscape.
▼ Risk factors (8)
The company's business and demand for its products are reliant on the success of its customers' products.
The company's business is reliant on certain key customers, and the loss of any of these customers could have a material adverse effect on its business.
The company's business is dependent on its manufacturing facilities and is subject to certain related risks, such as unplanned slowdowns or disruptions.
The company does not have long-term agreements with most of its suppliers or customers, and the loss of one or more of them could adversely affect its business.
The company is susceptible to risks arising out of export of its products to 69 countries and doing business internationally.
The company's inability to accurately forecast demand for its products and manage its inventory or working capital balances may have an adverse effect on its business.
Any increase in the cost of its raw material or other purchases or a shortfall in the supply of its raw materials may adversely affect the pricing and supply of its products.
The company is subject to strict quality requirements, regular inspections and audits, and the success and wide acceptability of its products is largely dependent upon its quality controls and standards.

Prasol Chemicals IPO Dates timeline · IST

Issue opens
Tue, 08 Sept, 2026
Bidding 10:00 am – 5:00 pm IST
Issue closes
Thu, 10 Sept, 2026
Last day to bid · UPI mandate by 5:00 pm
Allotment finalisedTentative
Fri, 11 Sept, 2026
By KFin Technologies; check with PAN, application no. or DP ID
Refunds & UPI unblockTentative
Tue, 15 Sept, 2026
Unallotted amounts released · allotted shares credited to demat
Listing
Wed, 16 Sept, 2026
NSE · trading from 10:00 am IST

Exchange bidding runs 10:00 am – 5:00 pm IST on each day of the issue; UPI mandates must be accepted by 5:00 pm on the closing day, and brokers may stop taking bids earlier. Allotment, refund and credit dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them.

How to check Prasol Chemicals IPO allotment status

Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Prasol Chemicals Limited, the registrar is KFin Technologies Limited — allotment is finalised in the days between the issue closing on 10 Sept 2026 and listing on 16 Sept 2026.

RegistrarKFin Technologies Limited
You will needPAN, application number or demat ID
Issue closes10 Sept 2026
Listing date16 Sept 2026

The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.

Prasol Chemicals IPO Dates FAQs

When does Prasol Chemicals IPO open and close?

Bidding for the Prasol Chemicals Limited IPO opens on 8 September 2026 and closes on 10 September 2026. Exchange bidding runs from 10:00 am to 5:00 pm IST on each day; UPI mandates must be accepted by 5:00 pm on the closing day, and brokers may stop taking bids somewhat earlier.

What is the Prasol Chemicals IPO listing date?

The shares are scheduled to list on 16 September 2026 on NSE. Trading starts at 10:00 am IST after the special pre-open session that discovers the listing price.

How do I apply for Prasol Chemicals IPO?

Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 8 September 2026 and 10 September 2026. The amount is only blocked, not debited, until allotment. Retail bids of up to ₹2,00,000 are usually placed at the cut-off price (₹676); a UPI mandate must be approved by 5:00 pm on the closing day.

What is the last date to apply for Prasol Chemicals IPO?

10 September 2026 is the last day of bidding. Allotment is then expected on 11 September 2026, refunds and demat credit on 15 September 2026, and listing on 16 September 2026 — tentative until confirmed.

Prasol Chemicals IPO Registrar where allotment and refund queries go

RegistrarKFin Technologies Limited

The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.

How to Apply for the Prasol Chemicals IPO ASBA and UPI, as SEBI sets them

  1. Apply through your broker’s IPO window or your bank’s net banking (ASBA). The money stays in your own account and is only blocked until allotment.
  2. Choose the number of lots and bid at the cut-off price. Retail applications are capped at ₹2,00,000; above that the bid moves to the non-institutional category.
  3. If you applied through a broker, approve the UPI mandate in your payment app. The mandate must be approved by 5 pm on the day after your bid, and by 5 pm on the closing day for bids made on the last day (10 Sept 2026).
  4. One application per PAN. A second application under the same PAN is rejected, and both may be.
  5. After allotment the blocked amount is released for shares not allotted. Allotment and refund queries go to the registrar, KFin Technologies Limited, not to the exchange or the broker.

What is GMP in an IPO?

Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹0 on a ₹676 upper band means the grey market is dealing at ₹676.

The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.

Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.