Prasol Chemicals IPO GMP: Date, Price Band, Review & How to Apply

08 September 2026 · Sachin Gadekar


A complete guide to Prasol Chemicals IPO 2026, covering GMP context, issue size, price band, lot size, IPO dates, allotment, scheduled listing, company profile, financials, review, risks and how to apply

Quick Answer

Prasol Chemicals IPO is a book-built public issue of ₹500 crore. The issue includes a fresh issue of 11.83 lakh shares, aggregating to ₹80 crore, and an offer for sale of 62.13 lakh shares, aggregating to ₹420 crore.

The IPO opens for subscription on 8 September 2026 and closes on 10 September 2026. The allotment is expected to be finalised on 11 September 2026. Subject to completion of allotment and listing formalities, the shares are scheduled to be listed on NSE and BSE on 16 September 2026.

The Prasol Chemicals IPO price band is ₹643 to ₹676 per share. The lot size is 22 shares, and the minimum retail investment is ₹14,872 at the upper price band.

Investors searching for Prasol Chemicals IPO GMP, Prasol Chemicals IPO GMP today, Prasol Chemicals IPO GMP share price or Prasol Chemicals IPO GMP price should note that no specific GMP value was provided in the available details. GMP is unofficial and should not be treated as a confirmed listing price or guaranteed listing gain.

Prasol Chemicals IPO Overview

Prasol Chemicals IPO is a mainboard public issue opening in September 2026. Prasol Chemicals Limited operates in the specialty chemicals industry and manufactures a diversified portfolio of acetone-based, phosphorous-based and other complex specialty chemicals.

The IPO is a book-built issue of ₹500 crore. It includes a fresh issue of ₹80 crore and an offer for sale of ₹420 crore.

This means the IPO has a large OFS component. Fresh issue proceeds go to the company, while offer for sale proceeds go to selling shareholders.

The IPO opens on 8 September 2026 and closes on 10 September 2026. Subject to completion of allotment and exchange listing formalities, the shares are scheduled to be listed on BSE and NSE on 16 September 2026.

For retail investors, the minimum application size is 1 lot of 22 shares, requiring ₹14,872 at the upper price band of ₹676 per share.

Investors comparing IPOs with Pre-IPO opportunities can also read Ultra’s guide on Pre-IPO vs IPO.

Prasol Chemicals IPO Details

ParticularsDetails
IPO Open Date8 September 2026
IPO Close Date10 September 2026
Listing Date16 September 2026, subject to listing formalities
Face Value₹2 per share
Price Band₹643 to ₹676 per share
Lot Size22 shares
Minimum Retail Investment₹14,872 at upper price band
Issue TypeBookbuilding IPO
Sale TypeFresh capital cum OFS
Total Issue Size73,96,437 shares, aggregating up to ₹500 crore
Fresh Issue11,83,431 shares, aggregating up to ₹80 crore
Offer for Sale62,13,006 shares, aggregating up to ₹420 crore
Listing AtBSE and NSE
Book Running Lead ManagerDam Capital Advisors Ltd.
RegistrarKfin Technologies Ltd.

The company’s shareholding is expected to increase from 5,80,00,000 shares pre-issue to 5,91,83,431 shares post-issue, based on the provided data.

Prasol Chemicals IPO GMP

Many investors search for Prasol Chemicals IPO GMP, Prasol Chemicals IPO GMP today, Prasol Chemicals IPO GMP share price, Prasol Chemicals IPO GMP price and Prasol Chemicals Ltd IPO before applying.

GMP stands for Grey Market Premium. It is an unofficial premium at which IPO shares may trade in the grey market before listing. For example, if the IPO price is ₹676 and the GMP is ₹40, the implied grey market price would be ₹716.

However, investors should be careful while using GMP because:

  • GMP is unofficial and not regulated.

  • GMP can change quickly before listing.

  • GMP does not guarantee listing gains.

  • GMP may not reflect company fundamentals.

  • GMP can be influenced by short-term demand and market sentiment.

No specific Prasol Chemicals IPO GMP value was provided in the available details. Therefore, investors should not assume any listing premium. A proper Prasol Chemicals IPO review should focus on the company’s business model, financials, product portfolio, export presence, issue structure, valuation and risk factors.

Prasol Chemicals IPO Date and Timeline

The Prasol Chemicals IPO date for subscription is 8 September 2026. The IPO closes on 10 September 2026.

EventDate
IPO OpensTuesday, 8 September 2026
IPO ClosesThursday, 10 September 2026
AllotmentFriday, 11 September 2026
Refund InitiationTuesday, 15 September 2026
Credit of SharesTuesday, 15 September 2026
Scheduled ListingWednesday, 16 September 2026

The IPO timetable may change due to exchange, registrar or market-related updates. Listing remains subject to completion of allotment and exchange listing formalities.

Prasol Chemicals IPO Price Band and Lot Size

The Prasol Chemicals IPO price band is ₹643 to ₹676 per share. The face value is ₹2 per share.

Investors can apply for a minimum of 22 shares and in multiples of 22 shares thereafter.

ApplicationLotsSharesAmount
Retail Minimum122₹14,872
Retail Maximum13286₹1,93,336
S-HNI Minimum14308₹2,08,208
S-HNI Maximum671,474₹9,96,424
B-HNI Minimum681,496₹10,11,296

For investors searching for Prasol Chemicals IPO GMP share price or Prasol Chemicals IPO GMP price, the IPO price band is ₹643 to ₹676 per share. The post-listing share price will depend on market demand, subscription levels, company fundamentals, broader market sentiment and listing-day trading.

Prasol Chemicals IPO Issue Reservation

The issue reservation for Prasol Chemicals IPO is divided among QIB, retail and NII investors.

Investor CategoryReservation
QIBNot more than 50% of the offer
RetailNot less than 35% of the offer
NIINot less than 15% of the offer

About Prasol Chemicals

Incorporated in 1992, Prasol Chemicals Limited 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

76 other specialty chemicals, including surfactants, esters and acids

The company’s products serve five major industries:

performance chemicals, including lubricant and mining additives

paints, inks, construction and adhesives, or PICA

pharmaceuticals

agrochemicals

home and personal care

Prasol Chemicals operates two manufactu

LocationAreaDetails
Khopoli1,20,604 sq. m.Manufacturing facility
Mahad1,19,423 sq. m.Manufacturing facility
Total Capacity-Aggregate capacity of 98,644 MT per year

The company’s key customers include Alembic Pharmaceuticals, Lubrizol India, Rossari Biotech, Clean Science, Gharda Chemicals, Croda India, Supriya Lifescience and Yasho Industries, among others.

As of 31 July 2026, Prasol Chemicals served 1,600 customers and exported to 69 countries.

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

Key Strengths of Prasol Chemicals

The company’s strengths include:

  • Highly diversified specialty chemicals product portfolio

  • Products used across various application industries

  • Established R&D capabilities

  • Strong product development pipeline

  • Long-standing relationships with diversified customers

  • Global presence across 69 countries

  • Experienced and professional leadership team

  • Robust financial performance track record

These strengths may support Prasol Chemicals’ growth, but investors should evaluate them along with raw material risk, export exposure, industry cyclicality, regulatory requirements, competition, valuation and OFS-heavy issue structure.

Prasol Chemicals Financials

Prasol Chemicals reported growth in revenue and profit between FY2025 and FY2026. According to the provided data, revenue increased by 22%, while profit after tax rose by 91% during the same period.

ParticularsFY2026FY2025FY2024
Assets₹839.28 crore₹723.09 crore₹626.36 crore
Total Income₹1,237.85 crore₹1,015.54 crore₹887.56 crore
Profit After Tax₹83.12 crore₹43.57 crore₹18.13 crore
EBITDA₹139.32 crore₹87.77 crore₹60.53 crore
Net Worth₹448.51 crore₹367.46 crore₹325.84 crore
Reserves and Surplus₹436.91 crore₹355.87 crore₹314.24 crore
Total Borrowing₹110.06 crore₹101.05 crore₹82.07 crore

The company’s total income increased from ₹1,015.54 crore in FY2025 to ₹1,237.85 crore in FY2026. Profit after tax increased from ₹43.57 crore to ₹83.12 crore during the same period.

Total borrowing increased from ₹82.07 crore in FY2024 to ₹110.06 crore in FY2026. Investors should evaluate debt levels, working capital needs, raw material costs and cash flows carefully.

Prasol Chemicals IPO Review

A practical Prasol Chemicals IPO review should evaluate both strengths and risks.

Positive Factors

Prasol Chemicals operates in the specialty chemicals industry and has a diversified portfolio of over 150 specialty chemicals. Its products serve industries such as performance chemicals, pharmaceuticals, agrochemicals, home and personal care, and PICA segments.

The company has a broad customer base of 1,600 customers and exports to 69 countries as of 31 July 2026. It is also certified as a 3 Star Export House, which supports its export-oriented profile.

Financially, Prasol Chemicals has shown growth in total income, EBITDA and PAT over FY2024 to FY2026. Total income increased from ₹887.56 crore in FY2024 to ₹1,237.85 crore in FY2026, while PAT increased from ₹18.13 crore to ₹83.12 crore during the same period.

The company’s manufacturing capacity of 98,644 MT per year across its Khopoli and Mahad facilities supports its specialty chemicals operations.

Points to Watch

The IPO has a large offer for sale component of ₹420 crore, compared with a fresh issue of ₹80 crore. Since OFS proceeds go to selling shareholders, investors should understand the use of proceeds carefully.

Specialty chemicals businesses can be affected by raw material price volatility, environmental regulations, export demand, customer concentration, currency movement and capacity utilisation.

Borrowing increased from ₹82.07 crore in FY2024 to ₹110.06 crore in FY2026. Investors should examine debt usage, interest costs and working capital requirements.

Investors should also evaluate valuation, margins, customer mix, product mix and regulatory compliance before applying.

Why Investors May Consider Prasol Chemicals IPO

This section is not a recommendation to apply. It only highlights factors investors may evaluate.

1. Diversified Product Portfolio

Prasol Chemicals manufactures over 150 specialty chemicals, including acetone-based, phosphorous-based and other specialty chemicals.

2. Exposure to Multiple Industries

The company serves industries such as performance chemicals, pharmaceuticals, agrochemicals, home and personal care, and paints, inks, construction and adhesives.

3. Export Presence

As of 31 July 2026, Prasol Chemicals exported to 69 countries and had a global distribution network across APAC, North America, South America and Europe.

4. Established Customer Base

The company served 1,600 customers as of 31 July 2026, including several well-known names across pharmaceuticals, chemicals and specialty manufacturing.

5. Manufacturing Capacity

The company operates two facilities with an aggregate capacity of 98,644 MT per year.

6. Financial Growth

Total income increased from ₹887.56 crore in FY2024 to ₹1,237.85 crore in FY2026. PAT increased from ₹18.13 crore to ₹83.12 crore during the same period.

How to Apply for Prasol Chemicals IPO

Investors can apply for Prasol Chemicals IPO through supported broker platforms using UPI or ASBA.

The general process is:

  • Log in to your broker or bank-supported IPO platform.

  • Select Prasol Chemicals IPO from the IPO list.

  • Choose the investor category and number of lots.

  • Enter the bid price within the price band of ₹643 to ₹676.

  • Submit the IPO application.

  • Approve the UPI mandate, if applying through UPI.

  • Wait for allotment finalisation.

  • If allotted, shares will be credited to the demat account before listing.

  • Track the scheduled listing on NSE and BSE, subject to completion of allotment and exchange listing formalities.

Retail investors can apply for a minimum of 1 lot, which equals 22 shares and requires ₹14,872 at the upper price band.

Key Risks

1. OFS-Heavy Issue

The IPO includes an offer for sale of ₹420 crore, compared with a fresh issue of ₹80 crore. OFS proceeds go to selling shareholders and not to the company.

2. Raw Material Price Risk

Specialty chemicals businesses may be affected by fluctuations in raw material prices. Sharp cost increases can affect margins if not passed on to customers.

3. Regulatory and Environmental Risk

Chemical manufacturers are subject to environmental, safety and regulatory requirements. Any compliance issue may affect operations.

4. Export and Currency Risk

Prasol Chemicals exports to 69 countries. Export revenue may be affected by global demand, currency movement, trade restrictions and geopolitical conditions.

5. Borrowing Risk

Total borrowing increased from ₹82.07 crore in FY2024 to ₹110.06 crore in FY2026. Investors should evaluate debt levels and finance costs.

6. Customer and Product Mix Risk

Although the company has a diversified customer base, investors should check whether revenue depends heavily on certain products, industries or customers.

7. GMP Risk

Prasol Chemicals IPO GMP may attract investor attention, but GMP is unofficial and volatile. It should not be treated as a confirmed listing price or guaranteed gain.

Final Thoughts

Prasol Chemicals IPO is a ₹500 crore book-built issue opening on 8 September 2026 and closing on 10 September 2026. The IPO price band is ₹643 to ₹676 per share, and the lot size is 22 shares.

The company operates in the specialty chemicals industry with a portfolio of over 150 specialty chemicals. It serves multiple industries, exports to 69 countries and has an aggregate manufacturing capacity of 98,644 MT per year.

Financially, Prasol Chemicals reported growth in FY2026. Total income increased to ₹1,237.85 crore, while PAT rose to ₹83.12 crore.

However, investors should also consider the OFS-heavy issue structure, raw material risk, regulatory requirements, export exposure, borrowing levels, valuation and GMP uncertainty.

Investors searching for Prasol Chemicals IPO GMP today, Prasol Chemicals IPO GMP share price, Prasol Chemicals IPO GMP price or Prasol Chemicals Ltd IPO should read the RHP carefully and evaluate whether the IPO fits their risk profile.

Disclaimer: This article is for educational and informational purposes only. It is not investment advice, IPO recommendation or a suggestion to apply. IPO investments are subject to market risk, business risk, valuation risk and listing risk. Investors should read the RHP carefully and consult a qualified financial advisor before making any investment decision.

FAQs

1. What is Prasol Chemicals IPO?

Prasol Chemicals IPO is a book-built public issue of ₹500 crore. It includes a fresh issue of ₹80 crore and an offer for sale of ₹420 crore.

2. What is Prasol Chemicals IPO GMP?

No specific GMP value was provided in the available details. GMP is unofficial, volatile and should not be treated as a guaranteed listing gain indicator.

3. What is Prasol Chemicals IPO GMP today?

The available details do not provide a live GMP value for Prasol Chemicals IPO. Investors should verify live GMP separately and avoid relying only on grey market premium.

4. What is Prasol Chemicals IPO date?

Prasol Chemicals IPO opens on 8 September 2026 and closes on 10 September 2026.

5. What is the Prasol Chemicals IPO price band?

The Prasol Chemicals IPO price band is ₹643 to ₹676 per share.

6. What is the lot size for Prasol Chemicals IPO?

The lot size for Prasol Chemicals IPO is 22 shares.

7. What is the minimum investment for retail investors?

The minimum retail investment is ₹14,872 for 1 lot of 22 shares at the upper price band of ₹676 per share.

8. When is Prasol Chemicals IPO allotment expected?

The allotment for Prasol Chemicals IPO is expected to be finalised on 11 September 2026.

9. When will Prasol Chemicals IPO list?

Prasol Chemicals IPO shares are scheduled to be listed on NSE and BSE on 16 September 2026, subject to completion of allotment and exchange listing formalities.

10. Who is the registrar of Prasol Chemicals IPO?

Kfin Technologies Ltd. is the registrar of Prasol Chemicals IPO.

11. Who is the book running lead manager for Prasol Chemicals IPO?

Dam Capital Advisors Ltd. is the book running lead manager for the issue.

12. What is Prasol Chemicals IPO GMP share price?

No specific GMP value was provided. The IPO price band is ₹643 to ₹676 per share. Any GMP-implied price would depend on the unofficial grey market premium at that time.

13. Is Prasol Chemicals profitable?

Yes. Based on the provided financials, Prasol Chemicals reported PAT of ₹83.12 crore in FY2026, ₹43.57 crore in FY2025 and ₹18.13 crore in FY2024.

14. What does Prasol Chemicals do?

Prasol Chemicals manufactures specialty chemicals, including acetone-based, phosphorous-based and other complex chemicals used across performance chemicals, pharmaceuticals, agrochemicals, home and personal care, and PICA industries.

15. Should investors apply for Prasol Chemicals IPO?

Investors should evaluate the RHP, financials, valuation, OFS component, specialty chemicals industry risks, borrowing levels, GMP context and personal suitability before deciding. This article does not provide investment advice or an IPO recommendation.

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