Prasol Chemicals Ltd IPO was priced at ₹643–₹676 per share with an issue size of ₹500 crore. The IPO opened on Sep 08, 2026 and closed on Sep 10, 2026, with a lot size of 22 shares and a minimum investment of ₹14,872.
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| Price Band | ₹643.00 - ₹676.00 per share |
| Lot Size | 22 shares |
| Min Investment | ₹14,872 |
| Total Issue Size | ₹500.00 crore |
| Shares Offered | 73,96,437 |
| Issue Structure | Fresh Issue + Offer for Sale |
| Issue Type | Bookbuilding IPO |
| Lead Manager(s) | Dam Capital Advisors Ltd. |
| Registrar | Kfin Technologies Ltd. |
| Listing At | BSE, NSE |
Issue price ₹676 · lot size 22 shares · estimated listing price ₹679 (GMP +₹3)
| Category | Lots | Shares | Investment | Value at listing | Profit |
|---|---|---|---|---|---|
| Retail (Min) | 1 | 22 | ₹14,872 | ₹14,938 | +₹66 |
| Retail (Max) | 13 | 286 | ₹1,93,336 | ₹1,94,194 | +₹858 |
| S-HNI (Min) | 14 | 308 | ₹2,08,208 | ₹2,09,132 | +₹924 |
| S-HNI (UPI limit) | 33 | 726 | ₹4,90,776 | ₹4,92,954 | +₹2,178 |
| S-HNI (Max) | 67 | 1,474 | ₹9,96,424 | ₹10,00,846 | +₹4,422 |
| B-HNI (Min) | 68 | 1,496 | ₹10,11,296 | ₹10,15,784 | +₹4,488 |
| Metric | Latest Reported |
|---|---|
| Total Income | ₹1237.85 Cr |
| Profit After Tax | ₹83.12 Cr |
| Net Worth | ₹448.51 Cr |
Promoters: Nishith Rajnikant Shah
| Promoter Holding (Pre-Issue) | 58000000% |
| Promoter Holding (Post-Issue) | 59183431% |
Prasol Chemicals operates in the specialty chemicals industry, manufacturing over 150 specialty chemicals including acetone-based, phosphorous-based, and other complex chemicals.
Certified as a 3 Star Export House by the Indian government, serving 1600 customers and exporting to 69 countries.
| Founded | 1992 |
| Headquarters | Navi Mumbai, Thane, Maharashtra |
| Industry | Specialty Chemicals |
| Website | https://www.prasolchem.com/ |
| Registrar | Kfin Technologies Ltd. |
| Phone | 040-79615565 |
| [email protected] |
11 answers about Prasol Chemicals Ltd IPO — dates, pricing, allotment and listing.
Prasol Chemicals Ltd IPO is a bookbuilding ipo of ₹500 crore. The issue was priced at ₹643–₹676 per share, with a lot size of 22 shares. Bidding ran from Tue, 08 Sep 2026 to Thu, 10 Sep 2026, with shares to be listed on BSE and NSE.
The price band was ₹643–₹676 per share.
One lot was 22 shares. Bids had to be placed in multiples of 22.
A retail investor needed at least ₹14,872 – one lot of 22 shares at ₹676, the upper end of the price band.
Prasol Chemicals Ltd IPO opened on Tue, 08 Sep 2026 and closed on Thu, 10 Sep 2026.
Allotment was finalised on Fri, 11 Sep 2026.
Prasol Chemicals Ltd shares are expected to list on Wed, 16 Sep 2026 on BSE and NSE.
The company intended to use the net proceeds towards repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company and general corporate purposes.
Dam Capital Advisors Ltd. is the book running lead manager. Kfin Technologies Ltd is the registrar to the issue.
Category-wise demand from retail, NII and QIB bidders is on the Prasol Chemicals Ltd IPO subscription page, and on the BSE and NSE websites.
From Fri, 11 Sep 2026, check the Prasol Chemicals Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.