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Prasol Chemicals Limited is an integrated speciality-chemicals manufacturer producing acetone- and phosphorus-based chemical intermediates. It serves its products to major key sectors such as pharmaceuticals, agrochemicals, personal care, coatings, and water treatment.

Prasol Chemicals Limited was incorporated on 24 January 1992 & currently Mr. Gaurang Natwarlal Parikh is the managing Director of the company.

It produces acetone-based and phosphorus-based speciality chemicals including solvents, phosphorous derivatives, surfactants, performance additives, ethers, esters, polymers and acids serving industries like pharmaceuticals, agrochemicals, paints/construction, home & personal care, performance chemicals. It serves over 1,107 customers across 69 countries and offers a portfolio of over 150 speciality chemical products.

Issue size of the IPO is ₹ 500 Crore which includes as Fresh issue of ₹ 80 Crore & an Offer for Sale of ₹ 420 Crore. The IPO opens for subscription on 8th Sep’26 & closes on 10th Sep’26, the IPO is priced in the range of ₹ 643 – ₹ 676 with a lot size of 22 shares.

Revenue, PAT, EBITDA
Year
2025
Networth
₹ 367.5 Cr
Revenue
₹ 1012.5 Cr
EBITDA
₹ 87.76 Cr
PAT
₹ 43.56 Cr
EBITDA Margin
~8.67%
PAT Margin
~4.30%
Face Value
Rs.02 per Equity Share
IPO Important Dates
#
Date
Open Date
Tue, Sep 8, 2026
Close Date
Thu, Sep 10, 2026
Anchor Investor Bidding
Mon, Sep 7, 2026
Allotment Date
Fri, Sep 11, 2026
Refunds& Demat Credit
Tue, Sep 15, 2026
Tentative Listing Date
Wed, Sep 16, 2026
Use Of Proceeds
Purpose
Amount
Repayment/Prepayment of Borrowing
~ ₹ 60 Cr
-
-
-
-
-
-
-
-
General Corporate Purpose
Balance
Financial Data
#
2023
2024
2025
Revenue (₹ Cr)
₹ 930.1
₹ 876.6
₹ 1,012.5
PAT (₹ Cr)
₹ 48.6
₹ 18.1
₹ 43.6
Asset (₹ Cr)
₹ 692.5
₹ 626.4
₹ 723.1
Net Worth (₹ Cr)
₹ 309.2
₹ 325.8
₹ 367.5
IPO Grey Market Premium
Date
IPO Price
IPO GMP
Profit Per Lot
10-Sep
₹643 - ₹676
₹ –
₹ –
09-Sep
₹643 - ₹676
₹ 30
₹ 660
08-Sep
₹643 - ₹676
₹ 55
₹ 1,210
07-Sep
₹643 - ₹676
₹ 120
₹ 2,640
06-Sep
₹643 - ₹676
₹ 125
₹ 2,750
Promoters – Pre offer equity (Approx)
Promoters
% Shares
Usha Rajnikant Shah
~11.86%
Gaurang Natwarlal Parikh
~8.97%
Nishith Rasikal Dharia
~8.59%
Sachin Jatin Parikh
~3.45%
Dhaval Nalim Parikh
~3.10%
Kunal Tushar Dharia
~3.10%
Lot Size details
Application Type
Lot Size
No. of Lot
No. of Shares
Investment Amount
Retail (Min)
22
1
22
₹14,872
Retail (Max)
22
13
286
₹ 193,336
HNI (Min)
22
14
308
₹ 208,208
HNI (Max)
22
66
1,452
₹ 981,552
Big HNI (Min)
22
67
1,474
₹ 996,424

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