Prasol Chemicals Limited IPO — Subscription & GMP
- Price band
- ₹643 – ₹676
- Lot size
- 22
- Issue size
- ₹525.66 Cr
- Bidding
- 08 Sept 2026 → 10 Sept 2026
- Allotment
- —
- Listing
- —
Schedule
- 08 Sept 2026IPO open date
- 10 Sept 2026IPO close date
- 11 Sept 2026Allotment date†
- 11 Sept 2026Funds unblock or debit†
- 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 returnsPrasol 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.
Official source: Basis of Issue Price / ratios filing (NSE) — carries P/E, RoNW and EPS pre and post issue as filed.
Grey market premium
Unofficial · not from any exchangeUpper 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 agoSource: NSE issue information · BSE public issue
Allotment status
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