Prasol Chemicals Limited IPO
8 Sept 2026 – 10 Sept 2026
Share Price
- Candle
- 6 Oct
- O
- ₹791.95
- H
- ₹846.9
- L
- ₹788.65
- C
- ₹821.45
14 trading days since listing · NSE end-of-day prices
Issue Details
- Price Band
- ₹643 – ₹676
- Lot Size
- 22 shares
- Min Investment
- ₹14,872 (1 lot · 22 shares)
- Face Value
- ₹2
- Fresh Issue
- ₹80 Cr (to the company)
- Offer for Sale
- ₹420 Cr (to selling holders)
- Issue Size
- Initial Public offer comprising of Fresh issue aggregating up to Rs. 800 million and Offer for sale aggregating up to Rs. 4200 million (including Anchor portion of 22,18,930 Equity Shares)
- Registrar
- KFin Technologies Limited ↗
Timetable
GMP History
Latest GMP ₹0 · Last updated 7 Oct 2026, 11:51 am IST
| Date | GMP | GMP % | Change | Est. Listing | Updated (IST) |
|---|---|---|---|---|---|
| 15 Sept | ₹-13 | -1.9% | — | ₹663 | |
| 14 Sept | ₹-13 | -1.9% | +₹2 | ₹663 | |
| 13 Sept | ₹-15 | -2.2% | — | ₹661 | |
| 12 Sept | ₹-15 | -2.2% | — | ₹661 | |
| 11 Sept | ₹-15 | -2.2% | −₹55 | ₹661 | |
| 10 Sept | ₹40 | +5.9% | — | ₹716 | |
| 9 Sept | ₹40 | +5.9% | — | ₹716 | |
| 8 Sept | ₹40 | +5.9% | −₹40 | ₹716 | |
| 7 Sept | ₹80 | +11.8% | −₹35 | ₹756 | |
| 6 Sept | ₹115 | +17.0% | −₹10 | ₹791 | |
| 5 Sept | ₹125 | +18.5% | −₹40 | ₹801 | |
| 4 Sept | ₹165 | +24.4% | — | ₹841 |
Subscription
Category-wise bidding
| Category | Offered | Bid for | Times |
|---|---|---|---|
| QIB | 15,55,20928.6% | 38,12,556 | 2.45x |
| NII / HNI | 11,66,40621.4% | 15,50,912 | 1.33x |
| bNII · bids above ₹10L | 7,77,60414.3% | 6,85,806 | 0.88x |
| sNII · bids ₹2L–₹10L | 3,88,8027.1% | 8,65,106 | 2.23x |
| Retail | 27,21,61450.0% | 29,35,724 | 1.08x |
Bids received on NSE, as at 10-Sep-2026 19:00:45 IST. The two NII rows are parts of the NII total above them, not additions to it.
Day-wise subscription
| Date | QIB | NII / HNI | Retail | Total |
|---|---|---|---|---|
| 10 Sept | — | — | — | 1.52x |
| 9 Sept | 0.05x | 0.66x | 1.14x | 0.72x |
| 8 Sept | 0.00x | 0.31x | 0.69x | 0.41x |
Financials
All values in ₹ crore
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. Competitive Strengths: Highly diversified product portfolio used across various Application Industries Well established R&D capabilities driving innovation with strong pipeline of products Long standing relationships with a diversified customer base and strong global presence Experienced, Qualified and Professional Leadership Team Robust financial performance track record
As published in the company's own offer documents.
Strengths
- Highly diversified product portfolio used across various Application Industries
- Well established R&D capabilities driving innovation with strong pipeline of products
- Long standing relationships with a diversified customer base and strong global presence
- Experienced, Qualified and Professional Leadership Team
- Robust financial performance track record
As stated by the company in its prospectus — not our assessment.
The company's own risk factors are not shown here. They run to dozens of pages in the Red Herring Prospectus, under “Risk Factors”, and are worth the read before applying.
Lead Managers
- DAM Capital Advisors Limited
Offer details
Application sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min)one lot, the smallest bid allowed | 1 | 22 | ₹14,872 |
| Retail (max)most that stays under ₹2L | 13 | 286 | ₹1,93,336 |
| S-HNI (min)first bid over ₹2L | 14 | 308 | ₹2,08,208 |
| S-HNI (max)most that stays under ₹10L | 67 | 1,474 | ₹9,96,424 |
| B-HNI (min)first bid over ₹10L | 68 | 1,496 | ₹10,11,296 |
Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.
Issue mechanics
- Issue Type
- Book Building
- Minimum Order
- 22 Equity Shares
- Categories
- FI, IC, MF, FII, OTH, CO, IND, and NOH
- UPI Eligible
- IND (upto 5 Lakhs)
- Max Bid (Retail)
- Rs. 2,00,000
- Max Bid (QIB)
- 54,43,218 Equity Shares in multiple of 22 Equity Shares (Calculated at Lower end price band)
- Max Bid (NII)
- 38,88,016 Equity Shares in multiple of 22 Equity Shares (Calculated at Lower end price band)
- Tick Size
- Re. 1
- Bidding Hours
- 10.00 a.m. to 5.00 p.m.
- UPI Mandate Cut-off
- 10-Sep-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability
- Sponsor Bank
- ICICI Bank Limited and HDFC Bank Limited
Registrar
- Name
- KFin Technologies Limited
- Address
- Selenium Tower B, Plot No.31 and 32, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad 500 032, Telangana, India
- Contact
- M Murali Krishna, +91 6716 2222/18003094001, prasol.ipo@kfintech.com
Documents
- Red Herring ProspectusThe full offer documentPDF
- Basis of Issue PriceHow the band was arrived atPDF
- Anchor AllocationWho was allotted before the issue openedPDF
- Application FormThe blank ASBA form, as filedPDF
- Bidding CentresWhere a physical form can be handed inPDF
- Security ParametersTick size, lot and limits as filed with the exchangePDF
- Security Parameters (post-anchor)The same, restated after the anchor book closedPDF
Published by NSE as ZIP archives; opened here as the PDF inside.
Collected from NSE and public sources. Always confirm against the prospectus before applying.
Frequently Asked Questions
What is the GMP of Prasol Chemicals Limited IPO today?
The latest grey market premium for Prasol Chemicals Limited IPO is ₹0. GMP is unofficial and indicative only — it is not a guarantee of listing price.
What is the price band of Prasol Chemicals Limited IPO?
The price band is ₹643 – ₹676, with a lot size of 22 shares. The minimum investment is ₹14,872.
When does Prasol Chemicals Limited IPO open and close?
The issue opens on 8 Sept 2026 and closes on 10 Sept 2026. Listing is expected on 16 Sept 2026.
Who is the registrar for Prasol Chemicals Limited IPO?
KFin Technologies Limited is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.