Prasol Chemicals Ltd. IPO
IPO Timeline
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8 Sep 2026Bidding Starts
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10 Sep 2026Bidding Ends
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11 Sep 2026Allotment Finalization
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16 Sep 2026Listing
About Prasol Chemicals Ltd.
Our Company in the specialty chemicals industry, we are a forward integrated manufacturer of acetone and phosphorous based specialty chemicals and other specialty chemicals involving complex and differentiated chemistries. According to the CARE Report (page 289 of this Red Herring Prospectus), we are a highly diversified specialty chemical player with over 150 specialty chemical products and over 1,600 customers and exports to 69 countries, as of July 15, 2026. Our products find diversified applications across numerous industries with 5 key segments being: (a) performance chemicals (including lubricant additives and mining chemicals); (b) PICA viz., paints, inks construction, & adhesives; (c) pharmaceuticals; (d) agrochemicals; and (e) home and personal care (Application Industries).
Our comprehensive product portfolio comprised over 150 specialty chemical products comprising:
- 21 acetone-based specialty chemicals. Acetone is a colourless, highly volatile and flammable organic chemical compound with a pungent odour;
- 53 phosphorous-based specialty chemicals. Phosphorous is a highly reactive chemical element; and
- 76 other specialty products including non-acetone and non-phosphorous based customised specialty chemicals such as surfactants, performance additives, ethers, esters, polymers, and acids.
Prasol Chemicals Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 22,18,935 (30%) |
| Non Institutional Investors | 11,09,467 (15%) |
| Qualified Institutional Buyers (QIBs) | 14,79,290 (20%) |
| Retail Individual Investors (RIIs) | 25,88,757 (35%) |
Prasol Chemicals Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2026 | 1,237.85 Cr | 83.12 Cr | 436.91 Cr |
| 31 Mar 2025 | 1,015.59 Cr | 43.57 Cr | 355.87 Cr |
| 31 Mar 2024 | 887.56 Cr | 23.91 Cr | 314.25 Cr |
Prasol Chemicals Ltd. Background
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1992Incorporation of our Company
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1996Diversified into phosphorus-based products for agrochemicals and performance chemicals.
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2003Foundation of organic based technology platform for Agrochemicals, Performance chemicals, and entered into Home & Personal Care segment
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2007Entered pharmaceutical segment with phosphorus-based products
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2009Launched new acetone derivatives – for agrochemicals, home & personal care, pharmaceuticals and performance chemicals.
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2011Entered into antioxidants and antiwear industry for lubricants
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2015Acquired land in Saykha Industrial Area, Gujarat on a leave and licence basis
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2017Acquired land in Mahad, Maharashtra on a leave and licence basis
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2019Established cogeneration power plant in Khopoli, Maharashtra
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2020Commissioned new site at Mahad for agrochemicals intermediates.
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2022Launched Construction Chemicals portfolio
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2023Expansion agrochemical advanced intermediate
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2024Created stock point in Rotterdam to better service European customers.
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2025Launched Mining Chemicals portfolio
1. Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company
2. General corporate purposes
1. Nishith Rajnikant Shah
2. Gaurang Natwarlal Parikh
3. Dhaval Nalin Parikh
4. Pankil Nishith Dharia
5. Sachin Jatin Parikh
6. Rakesh Gupta
7. Nishith Rasiklal Dharia
8. Kunal Tushar Dharia
9. Suketu Navinchandra Parikh
10. Usha Rajnikant Shah
According to the CARE Report, India's chemical industry holds a prominent position globally, ranking 6th in production and 14th in exports. Specialty chemicals, particularly agrochemicals, dyes, and pigments, represent more than half of India's chemical exports. Specialty Chemicals, known for ... Read more
FAQs
When does Prasol Chemicals Ltd. IPO opens and closes?
Prasol Chemicals Ltd. IPO opens from 8th September to 10th September 2026.What is the size of Prasol Chemicals Ltd. IPO?
The size of the Prasol Chemicals Ltd. IPO is ₹500.00 Cr.What is the price range of Prasol Chemicals Ltd. IPO?
The price range of Prasol Chemicals Ltd. IPO is at ₹643 to ₹676 per share.What is the minimum investment and lot size required for the Prasol Chemicals Ltd. IPO?
The minimum investment required is ₹14,872 and minimum lot size is 22 shares.When is Prasol Chemicals Ltd. IPO listing date?
The Prasol Chemicals Ltd. IPO will be listed on 16th September 2026.What is the objective of Prasol Chemicals Ltd. IPO?
1. Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company2. General corporate purposes
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article


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