Prasol Chemicals Ltd. IPO

Min Investment
₹ 14,872 / 22 shares
Price Range
₹643 - ₹ 676
Bidding Dates
8 Sep '26 - 10 Sep '26
Total Issue Value
500.00 Cr
Lot Size
22
Total Issue Size
500.00 Cr
Listing At

IPO Timeline

  • 8 Sep 2026
    Bidding Starts
  • 10 Sep 2026
    Bidding Ends
  • 11 Sep 2026
    Allotment Finalization
  • 16 Sep 2026
    Listing

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.

Read More
Parent organisation
Founded
Prasol Chemicals Ltd.
1992

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

Major Events And Milestones
  • 1992
    Incorporation of our Company
  • 1996
    Diversified into phosphorus-based products for agrochemicals and performance chemicals.
  • 2003
    Foundation of organic based technology platform for Agrochemicals, Performance chemicals, and entered into Home & Personal Care segment
  • 2007
    Entered pharmaceutical segment with phosphorus-based products
  • 2009
    Launched new acetone derivatives – for agrochemicals, home & personal care, pharmaceuticals and performance chemicals.
  • 2011
    Entered into antioxidants and antiwear industry for lubricants
  • 2015
    Acquired land in Saykha Industrial Area, Gujarat on a leave and licence basis
  • 2017
    Acquired land in Mahad, Maharashtra on a leave and licence basis
  • 2019
    Established cogeneration power plant in Khopoli, Maharashtra
  • 2020
    Commissioned new site at Mahad for agrochemicals intermediates.
  • 2022
    Launched Construction Chemicals portfolio
  • 2023
    Expansion agrochemical advanced intermediate
  • 2024
    Created stock point in Rotterdam to better service European customers.
  • 2025
    Launched Mining Chemicals portfolio
Prasol Chemicals Ltd. Object of Issues

1. Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company
2. General corporate purposes

Prasol Chemicals Ltd. IPO Listing Details
Listing Date
16 Sep 2026
ISIN
INE455U01024
Final Issue Price
₹ 676
Prasol Chemicals Ltd. Company Promoters

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

Industry Overview

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

Prasol Chemicals Ltd. IPO Registrar
KFin Technologies Ltd.
Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally Hyderabad Telangana - 500032
67162222
Prasol Chemicals Ltd. IPO Lead Manager(s)
DAM Capital Advisors Ltd.
Altimus 2202, Level 22, Pandurang Budhkar Marg, Worli, Mumbai Maharashtra - 400018
42022500

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 Company
2. 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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