Issue Price
₹676
Per Share
GMP
+₹2
+0.3% Grey Market
Est. Listing
₹678
Expected Price
Min. Application
₹29,744
2 lots × 22 shares
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 IndustriesWell established R&D capabilities driving innovation with strong pipeline of productsLong standing relationships with a diversified customer base and strong global presenceExperienced, Qualified and Professional Leadership TeamRobust financial performance track record
Prasol Chemicals Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| QIB (Ex Anchor) | 1,479,289 | — | ₹100.00 Cr | 7.59x |
| NII / HNI | 1,109,466 | — | ₹75.00 Cr | 1.89x |
| Retail (RII) | 2,588,753 | — | ₹175.00 Cr | 1.79x |
| TOTAL | 5,177,508 | 100.00% | ₹350.00 Cr | 3.47x |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 22 | ₹14,872 |
| Retail (Max) | 13 | 286 | ₹193,336 |
| sNII (Min) | 14 | 308 | ₹208,208 |
| bNII (Min) | 68 | 1,496 | ₹1,011,296 |
| Particulars | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 1237.85 | 1015.54 | 887.56 |
| EBITDA | 139.32 | 87.77 | 60.53 |
| Profit After Tax (PAT) | 83.12 | 43.57 | 18.13 |
| Net Worth | 448.51 | 367.46 | 325.84 |
| Total Assets | 839.28 | 723.09 | 626.36 |
| Reserves & Surplus | 436.91 | 355.87 | 314.24 |
| Total Borrowings | 110.06 | 101.05 | 82.07 |