Prasol Chemicals Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 7.59x | 1,479,289 | 11,228,140 | ₹100 Cr |
| NII (HNI) | 1.89x | 1,109,466 | 2,094,994 | ₹75 Cr |
| Retail | 1.79x | 2,588,753 | 4,639,206 | ₹175 Cr |
| Σ Total | 3.47x | 5,177,508 | 17,962,340 | ₹350 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 22 | ₹14,872 |
| Retail (Max) | 13 | 286 | ₹193,336 |
| S-HNI (Min) | 14 | 308 | ₹208,208 |
| B-HNI (Min) | 67 | 1,474 | ₹996,424 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 1,238 | 1,016 | 888 |
| EBITDA | 139 | 88 | 61 |
| Profit After Tax | 83 | 44 | 18 |
| Net Worth | 449 | 367 | 326 |
| Total Assets | 839 | 723 | 626 |
| Reserves & Surplus | 437 | 356 | 314 |
| Total Borrowing | 110 | 101 | 82 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company – 60.00
- General Corporate Purposes –
Company Overview
Incorporated in 1992, 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 1,20,604 sq. m., Mahad across 1,19,423 sq. mt with an aggregate capacity of 98,644 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, 2026, the company served 1600 customers and exports to 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