Prasol Chemicals Limited IPO — Subscription & GMP

upcomingMainboardBOTHNSE: PRASOLCHEMBSE: PRASOLCHEMBSE code: 4798
Grey market premium
+₹145
1 source · 25 min ago
Est. listing gain
+21.45%
implies ₹821 on listing
Subscribed
bidding not open yet
Min. investment
₹14,872
22 shares × ₹676
Price band
₹643 – ₹676
Lot size
22
Issue size
₹525.66 Cr
Bidding
08 Sept 2026 → 10 Sept 2026
Allotment
Listing

Schedule

  1. 08 Sept 2026IPO open date
  2. 10 Sept 2026IPO close date
  3. 11 Sept 2026Allotment date
  4. 11 Sept 2026Funds unblock or debit
  5. 15 Sept 2026Tentative listing date

† Derived from the close date using the T+3 working-day timeline. The exchanges publish the open and close dates; the rest are indicative until confirmed, and exchange holidays are not accounted for.

Fundamentals

The business, its valuation and returns

Prasol Chemicals Limited - Business Model Summary

Prprasol Chemicals Limited operates as a specialized chemical manufacturer and global exporter, focusing on the production of value-added specialty chemicals, performance chemicals, solvents, and customized derivatives.

Core Segments & Product Portfolio

1. Chemical Product Verticals: - Phosphorus-Based Derivatives: Manufactures a wide range of phosphorus derivatives utilized across diverse industrial applications. - Acetone-Based Chemistry: Produces various acetone derivatives and performance solvents (such as Diacetone Alcohol, Isophorone, and related compounds). - Specialty Solvents & Intermediates: Supplies high-purity chemicals, additives, and custom-synthesized compounds.

2. Diversified End-User Industries: - Supplies critical inputs and raw materials to multi-sector industries, primarily Agrochemicals, Pharmaceuticals, Home & Personal Care, Paints, Inks, Coatings, Construction, and Adhesives (PICA).

Revenue Streams & Market Reach

  • B2B Manufacturing & Direct Sales: Generates revenue by supplying commercial-grade chemical formulations and intermediates directly to industrial manufacturers and institutional clients.
  • Global Export Model: Operates as a certified Three-Star Export House, maintaining an extensive international supply chain serving customers across more than 60 countries spanning Asia, the Americas, Europe, and Africa.
We do not yet hold parsed fundamentals for this issue. Ratios are published in the RHP and the basis-of-issue-price advertisement.

Official source: Basis of Issue Price / ratios filing (NSE) — carries P/E, RoNW and EPS pre and post issue as filed.

GMP is unofficial. Grey Market Premium is quoted by private dealers outside the exchange mechanism and is not recognised or regulated by SEBI. Figures vary by source, can change within minutes, and frequently diverge from actual listing prices. UpcomingIPO publishes GMP as market information only — this is not investment advice and not a recommendation to apply for any issue.

Grey market premium

Unofficial · not from any exchange

Upper band ₹676 + GMP ₹145 implies a listing around ₹821 (+21.45%). That is what the grey market is pricing, not a forecast.

Subscription status

Live from exchange · fetched 10 min ago
Overall subscribed
not yet published
No bids recorded yet. The exchanges publish subscription figures only once bidding opens.

Source: NSE issue information · BSE public issue

Allotment status

Allotment status is not out yet. The registrar is KFin Technologies Limited.

Issue details

Price band
₹643 – ₹676
Lot size
22 shares
Min. bid quantity
22
Face value
₹2.00
Tick size
₹1.00
Shares offered
77.76 L
Issue size
₹525.66 Cr
Offer structure
100% fresh equity — all proceeds to the company
Max bid · QIB
77.76 L
Max bid · NII
38.88 L

Timeline & process

Bidding opens
08 Sept 2026
Bidding closes
10 Sept 2026
Bidding hours
10.00 a.m. to 5.00 p.m.
UPI mandate cutoff
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 to participate in IPOs by successfully accepting the mandate.
Allotment
Listing

Intermediaries

Registrar
KFin Technologies Limited
Sponsor bank
ICICI BANK
Lead managers
DAM Capital Advisors Limited

Documents

Price band notice
PDF