Prasol Chemicals Limited IPO

Prasol Chemicals Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Open

Price Band

₹

Total Issue

₹500.00 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Website DRHP

Business Overview

Prasol Chemicals, incorporated in 1992, has over 33 years of experience in the specialty chemicals industry and operates as a forward-integrated manufacturer of acetone- and phosphorus-based specialty chemicals, along with other complex and differentiated chemistries. The Company’s diversified product portfolio caters to multiple end-use industries including performance chemicals, paints, inks, construction and adhesives, pharmaceuticals, agrochemicals, and home and personal care. Its products are widely used in applications such as lubricant additives, mining chemicals and industrial formulations. As of July 31, 2025, Prasol Chemicals offered over 150 specialty chemical products, reflecting its strong capabilities in product innovation, process development and manufacturing excellence.

Objects of IPO

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Financials

(Rs. in crores)

Financial Performance Metrics for Prasol Chemicals IPO
Particulars Jun-25 Mar-25 Mar-24 Mar-23
Revenue 319.56 1,012.49 876.57 930.08
PAT 24.34 43.57 18.13 48.59
Net Worth 391.69 367.46 325.84 309.22
Borrowings 129.57 101.05 82.07 185.63
Assets 798.18 723.09 626.36 692.54
NAV (₹) 67.53 63.35 56.18 53.31
EPS (₹) 4.20 7.51 3.13 8.38

KPIs

EBITDA

8.67%

PAT

4.30%

ROAE

12.57%

ROCE

14.95%

Net Debt to Equity

0.23

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

47.94%

Public

52.06%

Usha Shah 11.86%
Gaurang Parikh 8.97%
Nishith Dharia 8.59%
Others 18.52%

Management

Nishith Shah Chairman
Gaurang Parikh MD
Dhaval Parikh Joint MD
Rahul Shroff CFO

Registrar & Lead Managers

Registrar

KFin Technologies

KFin Technologies

Lead Managers (1)

DAM Capital DAM Capital

Frequently Asked Questions

What is Prasol Chemicals IPO?
Prasol Chemicals IPO is a Mainboard IPO having an issue size of ₹500.00 Crs. Prasol Chemicals IPO is priced at ₹ - ₹ per share. The issue opens on 19 Apr 26 and closes on 19 Apr 26.
When will Prasol Chemicals IPO open?
Prasol Chemicals IPO opens on 19 Apr 26 and closes on 19 Apr 26.
What is the GMP of Prasol Chemicals IPO?
The estimated Grey Market Premium of Prasol Chemicals IPO is ₹0 per share (-).
What is the lot size of Prasol Chemicals IPO?
The minimum lot size of Prasol Chemicals IPO is shares & the minimum application amount is Rs. 0.
When is the allotment of Prasol Chemicals IPO?
The allotment date of Prasol Chemicals IPO is 19 Apr 26.
What is the listing date of Prasol Chemicals IPO?
The listing date of Prasol Chemicals IPO is 19 Apr 26.
What is the subscription of Prasol Chemicals IPO?
Prasol Chemicals IPO is subscribed -.
What is the price band of Prasol Chemicals IPO?
Prasol Chemicals IPO is priced at ₹ - ₹ per share.
How to check allotment status of Prasol Chemicals IPO?
Click the allotment link on Prasol Chemicals IPO page of IPO360.
How to apply Prasol Chemicals IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Prasol Chemicals IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Prasol Chemicals IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Prasol Chemicals IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date