Prasol Chemicals Limited IPO
Prasol Chemicals Limited IPO
Mainboard NSE & BSE 100% Book Built Offer

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.

Prasol Chemicals IPO Size

Fresh Issue
₹80 Cr (TBA Shares)
Offer For Sale
₹420 Cr (TBA Shares)

Objects of Issue

  1. Repayment or pre-payment, in full or in part, of certain of the outstanding borrowings availed by the Company
  2. General corporate purposes

Prasol Chemicals IPO Financial Performance

(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

Key Performance Indicators (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

Lead Managers (1)

Company Details

Name: Prasol Chemicals Limited

Address: Prasol House, Plot No A - 17/2/3, T. T. C, Industrial Area, Khairne M.I.D.C., Navi Mumbai, Thane, Maharashtra – 400710, India

Number: +91 22 6195 2500

Email: investorservices@prasolchem.com

Website: https://www.prasolchem.com

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