Prasol Chemicals IPO
Chemicals • ₹500cr
Medium risk because:
- 5 material risk factors disclosed in DRHP
- High customer concentration flagged in the DRHP
- Regulatory or legal risks cited in DRHP
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹643-676
Lot Size
22 shares
Issue Size
₹500cr
Open
08 Sept 2026
Close
10 Sept 2026
Subscription
2.64×
GMP −₹15 → est. ₹661
IPO Schedule
| Issue Open Date | 08 Sept 2026 |
| Issue Close Date | 10 Sept 2026 |
| Allotment Date | 11 Sept 2026 |
| Listing Date | 16 Sept 2026 |
About Prasol Chemicals
Prasol Chemicals is a forward-integrated specialty chemical manufacturer specializing in acetone and phosphorus chemistries. Operating on a B2B2C model, it offers 150+ products across 5 segments: performance chemicals, paints/coatings/adhesives, pharmaceuticals, agrochemicals, and home/personal care. The company operates two manufacturing facilities in Khopoli and Mahad (Maharashtra), an R&D center in Navi Mumbai, and exports customized formulations globally to 69 countries  
Company Details
Founders / Promoters
Mr Dhaval Parikh
Founded
1992
Registrar
KARVY
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Grey Market Premium (GMP)
Issue Price
₹676
GMP
−₹15
Est. Listing
₹661
Est. Gain
-2.2%
GMP is unofficial grey market data — not regulated by SEBI. Use only as a sentiment indicator alongside subscription data. View all IPO GMP →
Investment Analysis
Prasol Chemicals — IPOFins Verdict
QuantitativeDriven by QIB demand at 5.6x and moderate disclosed risk (6/10). The picture is mixed — treat this as one input alongside the DRHP, valuation, and your own risk appetite.
- Forward-integrated manufacturer offering over 150 specialty chemicals.
- Diversified revenue streams across five major application industries.
- Global operational scale with exports reaching 69 countries.
- Strong R&D capabilities with a pipeline of 40 new formulations.
- Facilities meet stringent international regulatory and quality standards.
Score breakdown — what drove this verdict
Moderate risk from DRHP → score -0.4
Institutional subscription → score +1.0
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
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FAQ
What is the price band of Prasol Chemicals IPO?
The price band is ₹643-676 per share with a lot size of 22 shares. Minimum investment: ₹14,872.
What does Prasol Chemicals do?
Prasol Chemicals is a forward-integrated specialty chemical manufacturer specializing in acetone and phosphorus chemistries. Operating on a B2B2C model, it offers 150+ products across 5 segments: performance chemicals, paints/coatings/adhesives, pharmaceuticals, agrochemicals, and home/personal care. The company operates two manufacturing facilities in Khopoli and Mahad (Maharashtra), an R&D center in Navi Mumbai, and exports customized formulations globally to 69 countries  
Should I apply for Prasol Chemicals IPO?
Prasol Chemicals is drawing muted interest at 2.6x overall subscription (QIB 5.6x, retail 1.5x). IPOFins Score 6/10: Driven by QIB demand at 5.6x and moderate disclosed risk (6/10). The picture is mixed — treat this as one input alongside the DRHP, valuation, and your own risk appetite.
Who founded Prasol Chemicals?
Prasol Chemicals was founded by Mr Dhaval Parikh in 1992.