Prasol Chemicals Limited
PRASOLCHEM • BSE, NSE
Issue details
Price band
₹643 - ₹676
Lot size
22 shares
Issue size
₹367.96 Cr
Min. investment
₹14,872
Registrar
KFin Technologies
Subscription
0.93x
Grey market premium
Est. gain+₹3 · 0%
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IPO Timeline
Open
8 Sep
Close
10 Sep
Allotment
11 Sep
Listing
16 Sep
- Refunds & demat credit
- 12 Sep 2026
- Mandate end
- 25 Sep 2026
- Anchor lock-in 50%
- 11 Oct 2026
- Anchor lock-in 100%
- 10 Dec 2026
We calculate these dates from the allotment and close dates, so please treat them as indicative. Anchor lock-in applies only to issues with an anchor allotment.
Application size
| Category | Minimum | Maximum |
|---|---|---|
| RII | 22shares 1 lot · ₹14,872 | 286shares 13 lots · ₹1,93,336 |
| sNII (₹2L–₹10L) | 308shares 14 lots · ₹2,08,208 | 1,474shares 67 lots · ₹9,96,424 |
| bNII (above ₹10L) | 1,496shares 68 lots · ₹10,11,296 | No limit funds permitting |
Based on the upper price band of ₹676 and a lot of 22 shares.
Subscription
| Quota | Shares offered | Shares bid | Subscribed |
|---|---|---|---|
| QIB | 15,55,209 | 22,25,344 | 1.43x |
| NII | 11,66,406 | 6,46,624 | 0.55x |
| sNII (₹2L–₹10L) | 7,77,604 | 2,64,154 | 0.34x |
| bNII (above ₹10L) | 3,88,802 | 3,82,470 | 0.98x |
| Retail (IND) | 27,21,614 | 21,91,794 | 0.81x |
| Total | 54,43,229 | 50,63,762 | 0.93x |
Last updated 17 minutes ago.
Issue structure
Face value
₹2 per share
Issue type
Bookbuilding IPO
Sale type
Fresh capital cum OFS
Fresh issue
₹80 Cr
11,83,431 shares
Offer for sale
₹420 Cr
62,13,006 shares
Shares pre-issue
5,80,00,000
Shares post-issue
5,91,83,431
Valuation & ratios
| Metric | Pre-IPO | Post-IPO |
|---|---|---|
| EPS | 14.33 | — |
| Market cap | - | ₹4,000.80 Cr |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 20.37% |
| ROCE | 22.43% |
| Debt/Equity | 0.19 |
| RoNW | 18.53% |
| PAT Margin | 6.74% |
| EBITDA Margin | 11.30% |
| NAV | 77.33 |
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total income | 1,237.85 | 1,015.54 | 887.56 |
| Profit after tax | 83.12 | 43.57 | 18.13 |
| EBITDA | 139.32 | 87.77 | 60.53 |
| Net worth | 448.51 | 367.46 | 325.84 |
| Assets | 839.28 | 723.09 | 626.36 |
| Reserves & surplus | 436.91 | 355.87 | 314.24 |
| Total borrowing | 110.06 | 101.05 | 82.07 |
Figures in ₹ crore, as reported by the company in its offer document.
Objects of the issue
- 1.Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company₹60 Cr
- 2.General Corporate Purposes—
What the company says it intends to do with the money raised.
Recent comparable IPOs
| Company | Issue price | P/E | Listing close | Listing gain |
|---|---|---|---|---|
| Sudeep Pharma Ltd.Mainboard | ₹593 | 47.61 | ₹774.15 | +30.55% |
| Devson Catalyst Ltd.SME | ₹118 | 9.66 | ₹205.95 | +74.53% |
| Vahh Chemicals Ltd.SME | ₹60 | 7.15 | ₹66.50 | +10.83% |
| Biopol Chemicals Ltd.SME | ₹108 | 19.73 | ₹105.50 | -2.31% |
| Neochem Bio Solutions Ltd.SME | ₹98 | 15.85 | ₹111.80 | +14.08% |
| Speb Adhesives Ltd.SME | ₹56 | 16.73 | ₹57.00 | +1.79% |
| SK Minerals & Additives Ltd.SME | ₹127 | 10.45 | ₹152.25 | +19.88% |
| Shlokka Dyes Ltd.SME | ₹91 | 13.69 | ₹85.50 | -6.04% |
Past listing performance of comparable issues. This is not a forecast: listing gains vary widely and can turn negative.
Issue fundamentals compiled from the company's offer document via Chittorgarh, last read 4 Sep 2026. Always verify against the RHP before applying.