
Industrial & Financial Services · NSE / BSE
Prasol Chemicals is a leading player in the specialty chemicals industry, producing over 150 high-value chemicals, including acetone-based, phosphorous-based, and other specialty compounds like surfactants, esters, and acids. Its products cater to five key sectors: performance chemicals (used in lubricants and mining additives), paints, inks, construction and adhesives (PICA), pharmaceuticals, agrochemicals, and home and personal care. The company operates two manufacturing facilities—one in Khopoli spread over 1,18,004 sq. m and another in Mahad covering 79,423 sq. m—with a combined annual capacity of 87,914 MT. Prasol serves 1,107 customers across 69 countries, including well-known names like Alembic Pharmaceuticals, Lubrizol India, Rossari Biotech, and Clean Science. Recognized as a 3 Star Export House by the Government of India, the company has established a strong global presence across APAC, North and South America, and Europe.
Price Band
₹643 – ₹676
Issue Size
₹739.64 L Cr
Lot Size
22 shares
GMP
-1.9%
Est. Listing
₹663
at current GMP
Subscribed
3.47x
overall
Open
8 Sep 2026
Close
10 Sep 2026
Allotment
11 Sep 2026
Refund
12 Sep 2026
Demat Credit
13 Sep 2026
Listing
16 Sep 2026
Designated Registrar: Kfin Technologies Limited
Allotment Date
11 Sep 2026
Basis finalization
Refunds Initiate
12 Sep 2026
Mandate release
Demat Credit
13 Sep 2026
Shares in demat
Listing Debut
16 Sep 2026
Trading begins
Prasol Chemicals Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹73,96,437 Crores. The shares are offered at a price band of ₹643 to ₹676 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-09-10, the basis of allotment is scheduled to be finalized on 2026-09-11. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.