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Prasol Chemicals IPOLISTED

NSE, BSEMainboardBook Built Issue

Prasol Chemicals is a specialty chemicals manufacturer with a portfolio of 150+ products serving industries such as pharmaceuticals, agrochemicals, paints, construction and personal care.

Compare

Listing price

₹610

Listing gain

-9.76%

Current

₹610

Listed

16 Sept 26

Opens

08 Sept 26

Closes

10 Sept 26

Allotment

11 Sept 26

Refund

15 Sept 26

Demat

15 Sept 26

Listing

16 Sept 26

Listed at

₹610

-9.76% on 16 Sept 26

Min. investment₹14,872

GMP₹100 · +14.8%

Subscribed3.47x

Track in the app

Overview

Price band

₹643-676

Lot size

22 shares

Min. investment

₹14,872

Issue size

₹500.00 Cr

73.96 L shares

Fresh issue

₹80 Cr

11.83 L shares

Offer for sale

₹420 Cr

62.13 L shares

Face value

₹2 / share

Issue type

Book Built Issue

Listing at

NSE, BSE

Reservation

Anchor Investor 30%QIB 20%B-HNI 10%S-HNI 5%Individual 35%

Category	Shares offered	% of issue
Anchor Investor	22,18,930	30%
QIB	14,79,289	20%
NII (HNI)	11,09,466	15%
B-HNI	7,39,644	10%
S-HNI	3,69,822	5%
Individual	25,88,753	35%
Total	73,96,438	100%

Lot size & investment

Application	Lots	Shares	Amount
Retail (Min)	1	22	₹14,872
Retail (Max)	13	286	₹1,93,336
S-HNI (Min)	14	308	₹2,08,208
S-HNI (Max)	67	1,474	₹9,96,424
B-HNI (Min)	68	1,496	₹10,11,296

Listing performance

NSE/BSE: PRASOLCHEM

Listing gain

−9.76%

Gain per retail lot

₹-1,452

Latest vs issue

—

GMP was

₹100 (+14.79%)

₹676

₹776+14.79%

₹610−9.76%

Issue price

GMP estimate

Listing price

Latest price appears here during market hours.

Prasol Chemicals Live GMP

GMP₹100

Est. Price₹776

Est. Gain14.79%

Latest GMP

₹100

All-time high

₹160

All-time low

₹-15

GMP × retail lot ₹2,200GMP × S-HNI min ₹30,800Expected listing ~ ₹776GMP is unofficial and changes often. Data as of 11 Sept, 12:00 am.

Subscription

11 Sept, 12:00 am

Oversubscribed 3.47 times · 1,82,737 applications

QIB

7.59x

NII (HNI)

1.89x

S-HNI

3.23x

B-HNI

1.22x

Retail

1.79x

Total

3.47x

Total applications

1,82,737

Total bid amount

₹1,214 Cr

Category breakdown

Category	Shares offered	Shares bid	Times	Bid amount
QIB	14,79,289	1,12,28,140	7.59x	₹759 Cr
NII (HNI)	11,09,466	20,94,994	1.89x	₹142 Cr
B-HNI	7,39,644	9,01,560	1.22x	₹60.95 Cr
S-HNI	3,69,822	11,93,434	3.23x	₹80.68 Cr
Retail	25,88,753	46,39,206	1.79x	₹314 Cr
Total	51,77,508	1,79,62,340	3.47x	₹1,214 Cr

Application-wise breakup

Category	Applications reserved	Applied	Times
B-HNI	2,401	522	0.22x
S-HNI	1,201	3,687	3.07x
Retail	1,17,671	1,77,327	1.51x

Allotment chance per application is roughly 1 ÷ times for the category (lottery for retail and S-HNI).

Financials

(₹ in crores)

Key performance indicators

As of 31 Mar 2026

ROE

20.37%

PAT Margin

6.74%

ROCE

22.43%

EBITDA Margin

11.3%

Debt to Equity Ratio

0.19

RoNW

18.53%

Valuation vs listed peers

EPS Pre IPO

₹14.33

Price-to-earnings

Aarti Industries Limited

46.79×

Atul Limited

28.04×

Laxmi Organic Industries Limited

59.95×

Vinati Organic Limited

30.95×

Privi Speciality Chemicals Limited

42.67×

Yasho Industries Limited

206.68×

Excel Industries Limited

17.12×

Company	P/E	P/B	RoNW	Face value
Aarti Industries Limited	46.79	—	—	₹5
Atul Limited	28.04	—	—	₹10
Laxmi Organic Industries Limited	59.95	—	—	₹2
Vinati Organic Limited	30.95	—	—	₹1
Privi Speciality Chemicals Limited	42.67	—	—	₹10
Yasho Industries Limited	206.68	—	—	₹10
Excel Industries Limited	17.12	—	—	₹5

Peer median P/E 42.7× · Ratios as disclosed in the offer document.

Buzz AI analysis

From this IPO's filings and market data · educational, not investment advice

Revenue growth FY24 → FY26

+39.5%

Profit growth FY24 → FY26

+358.5%

ROCE

22.43%

PAT margin 6.7% and ROCE 22.4%.

Strengths & risks

Diversified Portfolio with 150+ specialty chemicals.
Global Presence across 69 countries.
Strong R&D with a 37-member team.
Specialised Products including isophorone manufacturing.

5.8/10

Buzz score · Neutral

From GMP, subscription and issue size

Financials6.8

Growth5.8

Business6.2

Demand5.1

Risk7.2

Objects of the issue

Purpose	Amount (₹ Cr)
Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company.	60
General Corporate Purposes.	-

Company & documents

Prasol Chemicals Limited is a specialty chemicals manufacturer with over 33 years of experience, offering 150+ products across acetone-based, phosphorous-based and other specialty chemicals. Its products serve diverse industries including pharmaceuticals, agrochemicals, performance chemicals, PICA, and home & personal care.

The company's products cater to five key application segments:

Performance Chemicals
PICA (Paints, Inks, Construction & Adhesives)
Pharmaceuticals
Agrochemicals
Home & Personal Care

Its products are used across 20+ industries, including water treatment, oilfield, defence, polymers, electronics, electroplating, rubber, leather, textile and paper auxiliaries.

Prasol Chemicals operates two facilities in Khopoli and Mahad, Maharashtra, with a combined installed capacity of 98,644 MT per annum. Both facilities are certified under ISO 9001:2015, ISO 45001:2018 and ISO 14001:2015.

Prasol serves 1,618 customers across domestic and international markets, including Alembic Pharmaceuticals, Auchtel Products, Bharat Rasayan, Carl Bechem Lubricants, Clean Science and Technology, Croda India, Coromandel International, Gharda Chemicals, Lubrizol India, MSN Laboratories and others.

Prasol has a global presence, exporting to 69 countries across APAC, North America, South America and Europe. It is recognised as a Three-Star Export House and holds ISO and REACH certifications.

As of March 31, 2026, Prasol Chemicals had an employee strength of 775, including a 37-member R&D team.

Registrar

Kfin Technologies Ltd.

Phone: 040-79615565

Email: prasol.ipo@kfintech.com

Web: https://ipostatus.kfintech.com/

Company contact

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

Web: https://www.prasolchem.com/