Prasol Chemicals IPO Details

MAINBOARD

Prasol Chemicals IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.

The Lead Managers for Prasol Chemicals IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Dam Capital Advisors Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Prasol Chemicals Limited DRHP.

Prasol Chemicals IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹2 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
5,80,00,000 shares
Share holding post issue
-
Total Issue Size
-
Fresh Issue
-
Offer for Sale
-
DRHP Status
SEBI Approval Received

Prasol Chemicals IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Prasol Chemicals IPO Reservation

Promoter Holding

Pre Issue:47.94%
Post Issue:-
Promoter Names:
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, Usha Rajnikant Shah

Documents

Prasol Chemicals IPO Valuations

ROE:12.57%
ROCE:14.95%
DEBT/EQUITY:0.23
RONW:11.86%
PAT MARGIN:4.30%

Prasol Chemicals Financial Information

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets798.18723.09626.36692.54
Total Income320.441,015.54887.56932.59
Profit After Tax24.3443.5718.1348.59
EBITDA40.6087.7760.5386.95
NET Worth391.69367.46325.84309.22
Reserves and Surplus380.11355.87314.24297.62
Total Borrowing129.57101.0582.07185.63
Amount in ₹ Crore

About Prasol Chemicals IPO

Prasol Chemicals operates in the specialty chemicals industry. The company manufactures over 150 specialty chemicals, including acetone-based, phosphorous-based, and other complex chemicals. Its product portfolio includes 21 acetone-based chemicals, 53 phosphorous-based chemicals, and 76 other specialty chemicals (e.g. surfactants, esters, acids).

The products serve 5 major industries, including Performance chemicals (like lubricant and mining additives), paint, inks, construction, and adhesives (PICA), pharmaceuticals, agrochemicals, and home and personal care.

Manufacturing Facility: The company operates two manufacturing facility in Khopoli across 1,18,004 sq. m., Mahad across 79,423 sq. mt with an aggregate capacity of 87,914 MT per year.

Key customers: Alembic Pharmaceuticals, Lubrizol India, Rossari Biotech, Clean Science, Gharda Chemicals, Croda India, Supriya Lifescience, Yasho Industries, etc. As of July 31, 2025, we served 1,107 customers in 69 countries.

It is certified as a 3 Star Export House by the Indian government and have a strong global distribution network across APAC, North and South America, and Europe.

Competitive Strengths:

  • Highly diversified product portfolio used across various Application Industries
  • Well established R&D capabilities driving innovation with strong pipeline of products
  • Long standing relationships with a diversified customer base and strong global presence
  • Experienced, Qualified and Professional Leadership Team
  • Robust financial performance track record

Strength Of Prasol Chemicals IPO

To be announced

Risk Of Prasol Chemicals IPO

To be announced

Objectives Prasol Chemicals IPO

1. Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company

2. General corporate purposes

Company Contact Details

Prasol Chemicals Ltd.
Prasol House, Plot No A - 17/2/3,
T. T. C, Industrial Area, Khairne M.I.D.C.,
Navi Mumbai,
Thane, Maharashtra, 400710
Phone: +91 22 6195 2500
Email: investorservices@prasolchem.com
Website: http://www.prasolchem.com/

Registrar Contact Details

Name: Kfin Technologies Ltd
Phone: +91-40-67162222

Prasol Chemicals IPO - FAQs

The Prasol Chemicals IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹2 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The Prasol Chemicals IPO opens on TBA.

Prasol Chemicals IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the Prasol Chemicals IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the Prasol Chemicals IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the Prasol Chemicals IPO allotment status for updates.

The listing date for the Prasol Chemicals IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

Prasol Chemicals IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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