Prasol Chemicals Limited

Total Issue Size

₹500 Cr

73,96,437 shares

Fresh Issue

₹80 Cr

11,83,431 shares

Offer for Sale

₹420 Cr

62,13,006 shares

Face Value

₹2 per share

Issue Type

Book-built IPO

Listing At

BSE, NSE

Shares Pre-Issue

5,80,00,000

Shares Post-Issue

5,91,83,431

1. Offer opens

   8 Sept 2026

2. Offer closes

   10 Sept 2026

3. Allotment

   11 Sept 2026

4. Listing

   16 Sept 2026

• Anchor30.0%22,18,930 shares
• QIB20.0%14,79,288 shares
• HNI15.0%11,09,466 shares
• Retail35.0%25,88,753 shares

Incorporated in 1992, Prasol Chemicals operates in the specialty chemicals industry. The company manufactures over 150 specialty chemicals, including acetone-based, phosphorous-based, and other complex chemicals. Its product portfolio includes 21 acetone-based chemicals, 53 phosphorous-based chemicals, and 76 other specialty chemicals (e.g. surfactants, esters, acids). The products serve 5 major industries, including Performance chemicals (like lubricant and mining additives), paint, inks, construction, and adhesives (PICA), pharmaceuticals, agrochemicals, and home and personal care. Manufacturing Facility: The company operates two manufacturing facility in Khopoli across 1,20,604 sq. m., Mahad across 1,19,423 sq. mt with an aggregate capacity of 98,644 MT per year. Key customers: Alembic Pharmaceuticals, Lubrizol India, Rossari Biotech, Clean Science, Gharda Chemicals, Croda India, Supriya Lifescience, Yasho Industries, etc. As of July 31, 2026, the company served 1600 customers and exports to 69 countries. It is certified as a 3 Star Export House by the Indian government and have a strong global distribution network across APAC, North and South America, and Europe. Competitive Strengths: Highly diversified product portfolio used across various Application Industries Well established R&D capabilities driving innovation with strong pipeline of products Long standing relationships with a diversified customer base and strong global presence Experienced, Qualified and Professional Leadership Team Robust financial performance track record

• Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company (₹60.00 Cr)
• General Corporate Purposes (₹16.39 Cr)
• Issue Expenses (₹21.95 Cr)

• <p>Nishith Rajnikant Shah
• Gaurang Natwarlal Parikh
• Dhaval Nalin Parikh
• Pankil Nishith Dharia
• Sachin Jatin Parikh
• Rakesh Gupta
• Nishith Rasiklal Dharia
• Kunal Tushar Dharia
• Suketu Navinchandra Parikh
• Usha Rajnikant Shah</p>

Book running lead managers

• Dam Capital Advisors Ltd.

Registered office

Prasol House, Plot No A - 17/2/3,, T. T. C, Industrial Area, Khairne M.I.D.C.,, Navi Mumbai,, Thane, Maharashtra, 400710

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