Prasol Chemicals IPO: dates, price band, lot size and GMP
Prasol Chemicals IPO listed on 16 Sep at ₹610 (NSE, BSE). Issue dates 8 – 10 Sep 2026, price band ₹643 – ₹676, lot 22 shares. The shares now trade on the exchange; any pre-IPO price on this site is historical.
Listing: Prasol Chemicals listed on 16 Sep 2026 on NSE, BSE at ₹610, −₹66 (−9.8%) against the ₹676 upper band. Prasol Chemicals IPO listing date, price and gain · Recently listed IPOs
Updated 17 Oct 2026, 22:10 IST. Unofficial grey-market figures, dated.
BuyUnlistedShares tracks 208 IPOs on its calendar; the Prasol Chemicals IPO has a price band of ₹643 – ₹676, a lot of 22 shares and no grey-market premium reported yet as of 17 Oct 2026.
Key details
| Board | Mainboard |
|---|---|
| Issue dates | 8 – 10 Sep 2026 |
| Price band | ₹643 – ₹676 |
| Lot size | 22 shares |
| Issue size | ₹500.00 Cr |
| Fresh issue | ₹80 Cr |
| Offer for sale | ₹420 Cr |
| Subscription | 3.47x |
| Registrar | Kfin Technologies Ltd. |
| Lead managers | Dam Capital Advisors Ltd. |
| Status | Listed |
Timeline
- Issue opens: 8 Sep
- Issue closes: 10 Sep
- Allotment: 11 Sep
- Refunds: 15 Sep
- Demat credit: 15 Sep
- Listing: 16 Sep
Live subscription
| Category | Subscribed |
|---|---|
| QIB | 7.59x |
| NII | 1.89x |
| sNII | 3.23x |
| bNII | 1.22x |
| Retail | 1.79x |
| Total | 3.47x |
Last updated 10 Sep 2026, 6:55 PM IST.
Issue details
| Face value | ₹2 |
|---|---|
| Issue type | Book Build Issue |
| Listing at | NSE, BSE |
| Fresh issue (shares) | 11,83,431 |
| Offer for sale (shares) | 62,13,006 |
| Total shares offered | 73,96,437 |
| Promoter holding pre-issue | 86.89% |
| Promoter holding post-issue | 75.25% |
| Promoters | Nishith Rajnikant Shah, Gaurang Natwarlal Parikh, Dhaval Nalin Parikh, Pankil Nishith Dharia, Sachin Jatin Parikh, Rakesh Gupta, Nishith Rasiklal Dharia, Kunal Tushar Dharia, Suketu Navinchandra Parikh, Usha Rajnikant Shah |
| Lead managers | Dam Capital Advisors Ltd. |
| Registrar phone | 040-79615565 |
| Registrar email | prasol.ipo@kfintech.com |
| Company website | prasolchem.com |
| Anchor bid date | 7 Sep 2026 |
| Anchor lock-in ends (50%) | 11 Oct 2026 |
| Anchor lock-in ends (remaining) | 10 Dec 2026 |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 1 | 22 | ₹14,872 |
| Retail (maximum) | 14 | 308 | ₹2,08,208 |
| sNII (minimum) | 14 | 308 | ₹2,08,208 |
| bNII (minimum) | 68 | 1,496 | ₹10,11,296 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| Anchor Investor | 30% | 22,18,930 | |
| QIB | 20% | 14,79,288 | Not more than 50% of the Offer |
| NII (HNI) | 15% | 11,09,466 | Not less than 15% of the offer |
| sNII | 5% | 3,69,822 | |
| bNII | 10% | 7,39,644 | |
| Retail | 35% | 25,88,753 | Not less than 35% of the Offer |
Subscription by day
| Day | QIB | NII | sHNI | bHNI | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 · 8 Sep | 0.00x | 0.33x | 0.64x | 0.17x | 0.74x | 0.44x |
| Day 2 · 9 Sep | 0.06x | 0.69x | 1.31x | 0.39x | 1.19x | 0.76x |
| Day 3 · 10 Sep | 7.59x | 1.89x | 3.23x | 1.22x | 1.79x | 3.47x |
Key ratios as of 31 Mar 2026
| EPS (pre-issue) | ₹14.33 |
|---|---|
| RoNW | 18.53% |
| RoCE | 22.43% |
| RoE | 20.37% |
| PAT margin | 6.74% |
| EBITDA margin | 11.3% |
| NAV per share | ₹77.33 |
| Debt / equity | 0.19 |
Financials (₹ Cr)
| Metric | FY26 | FY25 | FY24 | FY26 vs FY25 |
|---|---|---|---|---|
| Assets | 839.28 | 723.09 | 626.36 | +16.1% |
| Total Income | 1,237.85 | 1,015.54 | 887.56 | +21.9% |
| Profit After Tax | 83.12 | 43.57 | 18.13 | +90.8% |
| EBITDA | 139.32 | 87.77 | 60.53 | +58.7% |
| NET Worth | 448.51 | 367.46 | 325.84 | +22.1% |
| Reserves and Surplus | 436.91 | 355.87 | 314.24 | +22.8% |
| Total Borrowing | 110.06 | 101.05 | 82.07 | +8.9% |
About Prasol Chemicals
Prasol Chemicals operates in the specialty chemicals industry. The company manufactures over 150 specialty chemicals, including acetone-based, phosphorous-based, and other complex chemicals. Its product portfolio includes 21 acetone-based chemicals, 53 phosphorous-based chemicals, and 76 other specialty chemicals (e.g. surfactants, esters, acids). The products serve 5 major industries, including Performance chemicals (like lubricant and mining additives), paint, inks, construction, and adhesives (PICA), pharmaceuticals, agrochemicals, and home and personal care.
Manufacturing Facility: The company operates two manufacturing facility in Khopoli across 1,18,004 sq. m., Mahad across 79,423 sq. mt with an aggregate capacity of 87,914 MT per year. Key customers: Alembic Pharmaceuticals, Lubrizol India, Rossari Biotech, Clean Science, Gharda Chemicals, Croda India, Supriya Lifescience, Yasho Industries, etc. As of July 31, 2025, we served 1,107 customers in 69 countries. It is certified as a 3 Star Export House by the Indian government and have a strong global distribution network across APAC, North and South America, and Europe.
Objects of the issue
- Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company — ₹60 Cr
- General Corporate Purposes — ₹16.39 Cr
- Issue Expenses — ₹21.95 Cr
Net proceeds: ₹98.34 Cr
Peer comparison
| Company | EPS (Basic) | EPS (Diluted) | NAV (₹ per share) | P/E (x) | RoNW (%) | Financial statements |
|---|---|---|---|---|---|---|
| Prasol Chemicals Ltd. (issuer) | 14.33 | 14.33 | 77.33 | — | 18.53% | — |
| Aarti Industries Ltd. | 11.56 | 11.55 | 164.27 | 46.75x | 7.04% | — |
| Atul Ltd. | 230.25 | 230.25 | 2,136.46 | 28.04x | 10.95% | — |
| Laxmi Organic Industries Ltd. | 2.87 | 2.86 | 71.66 | 59.74x | 4% | — |
| Vinati Organic Ltd. | 42.8 | 42.8 | 304.99 | 30.95x | 14.03% | — |
| Privi Speciality Chemicals Ltd. | 81.08 | 81.08 | 368.79 | 42.67x | 21.99% | — |
| Yasho Industries Ltd | 20.95 | 20.95 | 368.18 | 206.68x | 5.69% | — |
| Excel Industries Ltd | 60.19 | 60.19 | 1,354.74 | 17.12x | 4.44% | — |
Notes: Financial Information of the Peer group companies has been sourced from the consolidated financial statements for the year ended March 31, 2026 as disclosed on the website of the Stock Exchanges. Basic EPS has been calculated as the Net Profit/(loss) for the year attributable to equity shareholders of the Company divided by total weighted average number of equity shares outstanding as on March 31, 2026. Diluted EPS refers to the Diluted EPS sourced from the consolidated financial statements of the respective peer group companies for the year ended March 31, 2026.
Offer documents: DRHP (PDF) · RHP (PDF)
Track this issue
- Prasol Chemicals IPO listing day: listed at ₹610 (−9.8% vs the upper band), 16 Sep 2026
- Prasol Chemicals IPO GMP today and trend
- Prasol Chemicals IPO subscription status, day by day
- Prasol Chemicals IPO allotment status and how to check
Frequently asked questions
When does the Prasol Chemicals IPO open and close?
The issue is scheduled for 8 – 10 Sep 2026.
What is the Prasol Chemicals IPO price band?
The price band is ₹643 – ₹676 per share with a lot size of 22 shares.
How big is the Prasol Chemicals IPO?
The total issue size is ₹500.00 Cr, of which ₹80 Cr is a fresh issue and ₹420 Cr an offer for sale.
When will Prasol Chemicals list?
The tentative listing date is 16 Sep on the main board.
How do I apply for the Prasol Chemicals IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), Prasol Chemicals · as filed with SEBI · sebi.gov.in
- Red herring prospectus (RHP), Prasol Chemicals · as filed · sebi.gov.in
- Registrar allotment page, Kfin Technologies Ltd. · allotment 11 Sep · ipostatus.kfintech.com
- NSE public issues page · listing 16 Sep · nseindia.com
- BSE public issues page · listing 16 Sep · bseindia.com
- Prasol Chemicals company website · prasolchem.com
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 16 Sep, 04:06 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “Prasol Chemicals IPO”, https://buyunlistedshares.com/ipo/prasol-chemicals-ipo, as of 17 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP. In the market since 2002. Data as of 17 Oct 2026.
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- The risks of buying unlisted and pre-IPO shares in India
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