Prasol Chemicals IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.06 | 7.59 |
| NII | 0.33 | 0.69 | 1.89 |
| bNII | 0.17 | 0.39 | 1.22 |
| sNII | 0.64 | 1.31 | 3.23 |
| RII | 0.73 | 1.19 | 1.79 |
| Total | 0.44 | 0.76 | 3.47 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Prasol Chemicals IPO minimum market lot is 22 shares with ₹14,872 application amount. The Prasol Chemicals IPO is a Mainboard IPO, and it is to be listed on BSE, NSE.
Business Overview
Prasol Chemicals, founded in 1992, is a speciality chemicals manufacturer. The firm manufactures over 150 specialty 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.
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. Major customers include Alembic Pharmaceuticals, Lubrizol India, Rossari Biotech, Clean Science, Gharda Chemicals, Croda India, Supriya Lifescience, and Yasho Industries. 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.).
Prasol Chemicals IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Prasol Chemicals IPO Review and Rating
- May Apply For Long-term View
Prasol Chemicals IPO Form
How to apply for the Prasol Chemicals IPO? You can apply for Prasol Chemicals IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Prasol Chemicals IPO in the Invest section. The other option is you can apply for Prasol Chemicals IPO via IPO forms downloaded online. Check out the Prasol Chemicals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
