IPO profile
Prasol Chemicals Limited
PRASOLCHEM · NSE
- Price band
- ₹643 - ₹676
- Subscription
- Not available
Application & Issue Details
- Minimum Quantity
- 22 shares
- Minimum Application
- ₹14,872
- Issue Size
- Rs. 500 Cr
- Face Value
- Not available
- Issue Price
- ₹676
Company Overview
Prasol Chemicals is a forward-integrated specialty chemical manufacturer specializing in acetone and phosphorus chemistries. Operating on a B2B2C model, it offers 150+ products across 5 segments: performance chemicals, paints/coatings/adhesives, pharmaceuticals, agrochemicals, and home/personal care. The company operates two manufacturing facilities in Khopoli and Mahad (Maharashtra), an R&D center in Navi Mumbai, and exports customized formulations globally to 69 countries
Important Dates
- Open Date
- 8 Sept 2026
- Close Date
- 10 Sept 2026
- Allotment Date
- Not available
- Listing Date
- 16 Sept 2026
Issue Timeline
- Issue open date
- Issue close date
- UPI mandate deadline
- Allotment finalization
- Refund initiation
- Share credit
- Listing date
- Mandate end date
- Lock-in end date for anchor investors (50%)
- Lock-in end date for anchor investors (remaining)
Subscription
Subscription data not available yet.
Actual Listing Performance
- Listing Date
- 16 Sept 2026
- Actual Listing Price
- ₹610
- Gain/Loss Per Share
- -₹66
- Gain/Loss Per Lot
- -₹1,452
- Listing Gain/Loss %
- -9.76%
- Measured Against
- ₹676
- Lot Size
- 22 shares
Historical result from the reported listing price, compared with the issue price. Excludes brokerage, taxes and charges.
Company Strengths & Risks
Reported strengths
- Forward-integrated manufacturer offering over 150 specialty chemicals.
- Diversified revenue streams across five major application industries.
- Global operational scale with exports reaching 69 countries.
- Strong R&D capabilities with a pipeline of 40 new formulations.
- Facilities meet stringent international regulatory and quality standards.
Key risks
- Dependent on two facilities vulnerable to regulatory shutdowns.
- Handling hazardous raw materials exposes operations to accident liabilities.
- Significant reliance on a limited number of raw material suppliers.
- A substantial portion of revenue is concentrated among the top 10 customers.
- Historical fluctuations in net operating cash flows raise liquidity risks.
Company strengths and risks are informational summaries. Review the offer document for complete disclosures.
Documents & Coverage
IPO data last updated 25 Oct 2026, 12:08 pm IST · listing price: NSE/BSE
This page is for informational and educational purposes only. It is not investment advice and not a recommendation to buy, sell, or apply for this IPO. GMP and subscription figures are unofficial/may change. Please make your own independent decision.