Prasol Chemicals IPO Listing Details
| Listing Date | 16th September, 2026 |
| BSE Code | 544912 |
| NSE Code | PRASOLCHEM |
| ISIN Code | INE455U01024 |
| Offer Price | ₹643 to ₹676 |
| Face Value | ₹2 |
| Listing Price | ₹610 |
Details About Prasol Chemicals IPO
Prasol Chemicals received approval from SEBI for an IPO of ₹500 crores, which includes a fresh issue of ₹80 crores and an offer for sale of up to 62,13,006 equity shares with a face value of ₹2 each. Prasol Chemicals’ IPO price band is ₹643 to ₹676 per share.
Retail Individual Investors (RII):
- Minimum application: 1 lot = 22 shares
- Maximum application: 13 lots = 286 shares
Small High Net-worth Individuals (S-HNI):
- Minimum application: 14 lots = 308 shares
- Maximum application: 67 lots = 1,474 shares
Big High Net-worth Individuals (B-HNI):
- B-HNI Minimum: 68 lots= 1,496 shares
To invest in the Prasol Chemicals IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,872.
- Retail investors’ (Max) investment: ₹1,93,336.
- Small HNI (S-HNI): Minimum investment of ₹2,08,208.
- Small HNI (S-HNI): Maximum investment of ₹9,96,424.
- B-HNI: Minimum investment of ₹10,11,296.
Object to the Issue
- Repayment/prepayment of existing borrowings taken by the company.
- General corporate purposes
Prasol Chemicals subscription duration
Prasol Chemicals IPO started on September 8, 2026, and closed on September 10, 2026. The investors’ allotment date was September 11, 2026, and they received a refund on September 15, 2026. The Prasol Chemicals IPO listing date is September 16, 2026.
About Prasol Chemicals Company
Incorporated in 1992, Prasol Chemicals is one of the leading manufacturers of speciality chemicals such as acetone-based, phosphorus-based, and other complex chemicals. Its product portfolio includes 21 acetone-based chemicals, 53 phosphorus-based chemicals, and 76 other specialty chemicals.
So far, the firm has served 1600 customers and exports to 69 countries. Moreover, Prasol Chemicals operates 2 manufacturing facilities in Khopoli (1,20,604 sq. m.) and Mahad (1,19,423 sq. mt.). Its products cater to a wide range of industries: performance chemicals (like lubricants and mining additives), paint, inks, construction, and adhesives (PICA), pharmaceuticals, agrochemicals, and home and personal care.
