Prasol Chemicals
LIVEIPO Date: 8 Sept - 10 Sept 2026
Listing Date: 16 Sept 2026
Price Range
Rs.643 - Rs.676
Issue Size
500 Cr
Min Investment
₹14,146
Min Application
22 Shares
Schedule of Prasol Chemicals
Issue open date
8 Sept 2026
Issue close date
10 Sept 2026
UPI mandate deadline
10 Sept 2026 (5 PM)
Allotment finalization
11 Sept 2026
Share credit
15 Sept 2026
Listing date
16 Sept 2026
Mandate end date
25 Sept 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 500 Cr |
| Fresh Issue | 80 Cr |
| Offer for Sale | 420 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 11 Sept 2026 |
| Allotment Link | {Link} |
Grey Market Premium
NewGrey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 9 Sept 2026Latest | ₹676 | ₹0 | ₹676(0%) |
| 7 Sept 2026 | ₹676 | ₹55 | ₹731(+8.14%) |
| 6 Sept 2026 | ₹676 | ₹115 | ₹791(+17.01%) |
| 5 Sept 2026 | ₹676 | ₹125 | ₹801(+18.49%) |
| 4 Sept 2026 | ₹676 | ₹165 | ₹841(+24.41%) |
| 3 Sept 2026 | ₹676 | ₹14 | ₹690(+2.07%) |
Performance Prasol Chemicals
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.643 - Rs.676 | .... | .... | .... |
About Prasol Chemicals
Prasol Chemicals Limited is a specialty chemicals manufacturer incorporated in 1992. The company is involved in the manufacture of acetone-based, phosphorous-based and other specialty chemicals involving complex chemistries. Its product portfolio comprises over 150 specialty chemical products, including 21 acetone-based chemicals, 53 phosphorous-based chemicals and 76 other specialty products such as surfactants, performance additives, ethers, esters, polymers and acids. These products are used across performance chemicals, paints, inks, construction and adhesives, pharmaceuticals, agrochemicals, and home and personal care industries. The company manufactures products such as diacetone alcohol, isophorone, hexylene glycol, meta xylenol, phosphorous pentasulphide, phosphorous pentoxide, dithio-phosphates, polyphosphoric acid, DETC and phosphate esters. As of July 15, 2026, the company had over 1,600 customers and exported its products to 69 countries. The company also states that it was the only manufacturer of isophorone in India during the period covered by the CARE Report.
| Founded in | 1992 |
| Managing director | Mr Dhaval Parikh |
| Parent organization |
Financial Overview
Strengths
5- 1
Forward-integrated manufacturer offering over 150 specialty chemicals.
- 2
Diversified revenue streams across five major application industries.
- 3
Global operational scale with exports reaching 69 countries.
- 4
Strong R&D capabilities with a pipeline of 40 new formulations.
- 5
Facilities meet stringent international regulatory and quality standards.
Risks
5- 1
Dependent on two facilities vulnerable to regulatory shutdowns.
- 2
Handling hazardous raw materials exposes operations to accident liabilities.
- 3
Significant reliance on a limited number of raw material suppliers.
- 4
A substantial portion of revenue is concentrated among the top 10 customers.
- 5
Historical fluctuations in net operating cash flows raise liquidity risks.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 0.05 |
| Non-Institutional Investors (NIIs) | 0.66 |
| Retail Individual Investors (RIIs) | 1.14 |
| Employee | N/A |
| Total | 0.72 |