Status
Listed
Price band
₹643–₹676
Shares in one lotA lot is the smallest bundle of shares you can apply for. Lot size, in the glossary
22 shares
Minimum money
₹14,872 for 1 lot
Issue size
₹500 crore
Dates
8 Sept 2026 – 10 Sept 2026
Official links
- Prospectus
- Allotment statusAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
How to apply
Use UPI and ASBA. The guide covers the close, allotment, and the T+3 listing.
Open the guideRelated guides
Prasol Chemicals Ltd. IPO is listed. It opens on 8 Sept 2026 and closes on 10 Sept 2026. The price band is ₹643 to ₹676. One lot is 22 shares, and the minimum amount is ₹14,872. The issue size is ₹500 crore, with a fresh issue of ₹80 crore and an offer for sale of ₹420 crore. In FY26, total income was ₹1,237.85 crore and profit after tax was ₹83.12 crore. Total income was up 21.9% from ₹1,015.54 crore in FY25. Profit after tax was up 90.8% from ₹43.57 crore in FY25.
The total subscription for Prasol Chemicals Ltd. is 3.47 times.
Prasol Chemicals Ltd. listed at ₹610.
Prasol Chemicals makes more than 150 speciality chemicals. Its range includes acetone-based and phosphorus-based chemicals.
Dates
Opens
8 Sept 2026
Closes
10 Sept 2026
AllotmentAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
11 Sept 2026
Refunds
15 Sept 2026
Demat credit
15 Sept 2026
Listing
16 Sept 2026
Objects of the issue
- Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company
- General Corporate Purposes
- Issue Expenses
Promoters
Nishith Rajnikant Shah, Gaurang Natwarlal Parikh, Dhaval Nalin Parikh, Pankil Nishith Dharia, Sachin Jatin Parikh, Rakesh Gupta, Nishith Rasiklal Dharia, Kunal Tushar Dharia, Suketu Navinchandra Parikh and Usha Rajnikant Shah
Subscription
Subscribed 3.47x overall. Final, as of 10 Sept 5 pm IST.
Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
7.59x
Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
1.89x
Retail
1.79x
Total
3.47x
Issue structure
Fresh issue and offer for sale
How the issue is split. Amounts are in ₹ crore.
| Part | Amount |
|---|---|
| Fresh issue | ₹80 crore |
| Offer for sale | ₹420 crore |
Reservation
Share kept for each group. The percents are the published figures.
| Part | Amount |
|---|---|
| Retail | 35% |
| Large bids | 15% |
| Big funds | 50% |
Issue
- Face value
- ₹2
- Fresh issue
- ₹80 crore
- Offer for saleOFS means offer for sale. Existing owners are selling shares. The company does not get that money.
- ₹420 crore
- Exchanges
- BSE, NSE
- Registrar
- Kfin Technologies Ltd.
Reservation
- Retail
- 35%
- Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
- 15%
- Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
- 50%
Financials
₹ crore, for the last three reported years.
Total income and profit
Each chart has its own scale. Amounts are in ₹ crore.
Total income
Profit after tax
| Year | Total income | Profit |
|---|---|---|
| FY24 | ₹887.56 crore | ₹18.13 crore |
| FY25 | ₹1,015.54 crore | ₹43.57 crore |
| FY26 | ₹1,237.85 crore | ₹83.12 crore |
Net worth
₹ crore, for each year that reports net worth.
| Year | Net worth |
|---|---|
| FY24 | ₹325.84 crore |
| FY25 | ₹367.46 crore |
| FY26 | ₹448.51 crore |
| Year | Total income | PAT | Net worth | Assets | Borrowings |
|---|---|---|---|---|---|
| FY24 | 887.56 | 18.13 | 325.84 | — | — |
| FY25 | 1,015.54 | 43.57 | 367.46 | — | — |
| FY26 | 1,237.85 | 83.12 | 448.51 | — | — |
Listing
- Listing price
- ₹610
- Close on listing day
- ₹671
- Listing gainListing gain is how far the first traded price sits above or below the issue price. Capital gains, in the glossary
- -9.76% versus ₹676
Frequently asked questions
When does this issue open?
It opens on 8 Sept 2026 and closes on 10 Sept 2026.
What is the lot size and the minimum amount?
One lot is 22 shares. The minimum amount is ₹14,872 for 1 lot.
When are allotment and listing?
Allotment is on 11 Sept 2026. Listing is on 16 Sept 2026.
What is the price band?
The price band is ₹643 to ₹676.
What is the issue size?
The issue size is ₹500 crore.
How many times was it subscribed?
The total subscription is 3.47 times, checked 10 Sept 2026, 5:00 pm IST.
What was the listing gain?
The listing gain against the top of the price band is -9.76%.
This page is a calendar of dates and prices. It is not a recommendation to apply.