Prasol Chemicals IPO Day 1: Subscription Opens Today, 8 September 2026
- September 8, 2026
- Posted by: Neeraj Pandey
- Category: IPO
Prasol Chemicals IPO opens today, 8 Sep 2026, closes 10 Sep 2026. Price band Rs 643-676. Lot size 22 shares. Lists on NSE and BSE on 16 Sep.
Quick Answer
The Prasol Chemicals IPO opens for subscription today, 8 September 2026, and will remain open until 10 September 2026. Prasol Chemicals Limited is a specialty chemicals manufacturer raising about Rs 500 crore through a combination of fresh issue and offer for sale, and the shares are proposed to list on both NSE and BSE. The price band is set at Rs 643 to Rs 676 per share, with a lot size of 22 shares. Since bidding has only just opened, category wise subscription figures will start reflecting real demand as the day progresses, so investors should track the live numbers on NSE and BSE through the session before deciding.
Prasol Chemicals Limited, incorporated in 1992 and operating in the specialty chemicals industry for over three decades, has opened its IPO for subscription today, 8 September 2026. The Prasol Chemicals IPO is a mainboard, book built issue worth Rs 500 crore, comprising a fresh issue of 11,83,431 shares aggregating up to Rs 80 crore and an offer for sale of 62,13,006 shares aggregating to about Rs 420 crore, and will remain open for bidding until 10 September 2026. The equity shares are proposed to be listed on both NSE and BSE.
The company is a forward integrated manufacturer of acetone and phosphorous based specialty chemicals, with a diversified portfolio of over 150 specialty chemical products spanning performance chemicals, paints, inks, construction and adhesives, pharmaceuticals, agrochemicals, and home and personal care applications, serving more than 1,600 customers across 69 countries. The fresh issue proceeds of the Prasol Chemicals IPO are earmarked in part for capacity expansion and working capital requirements.
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Prasol Chemicals IPO Details
The table below sets out the key parameters of the issue, including the price band, lot size and important dates.
| Open Date | 8 September 2026 |
| Close Date | 10 September 2026 |
| Face Value | Rs 2 per share |
| Price Band | Rs 643 to Rs 676 per share |
| Lot Size | 22 shares |
| Issue Size | Rs 500 crore |
| Issue Type | Book Built Issue |
| Listing At | NSE and BSE |
| Allotment Date | 11 September 2026 |
| Listing Date | 16 September 2026 |
Prasol Chemicals IPO Quick Facts
| Particulars | Snapshot |
|---|---|
| Minimum retail investment | Rs 14,872 (1 lot, 22 shares) |
| Maximum retail application | Rs 1,93,336 (13 lots, 286 shares) |
| Registrar | KFin Technologies Ltd |
| Lead Manager | DAM Capital Advisors Ltd |
This snapshot is meant as a quick reference alongside the fuller details table above, so investors scanning the issue on mobile can find the essentials without scrolling through the whole page.
Prasol Chemicals IPO Share Reservation
The issue reserves around 50 percent of the net offer for qualified institutional buyers, about 15 percent for non-institutional investors, and roughly 35 percent for retail individual investors. Retail bidders can apply for a minimum of 1 lot, or 22 shares, and up to 13 lots, or 286 shares.
Prasol Chemicals IPO Subscription Status Day 1
Bidding for the issue has opened today, 8 September 2026, so the category wise numbers below will fill in as the session progresses. In mainboard chemical sector issues of this size, institutional demand often becomes clearer only in the final session.
| Investor Category | Subscription Status, Day 1 (8 Sep) |
|---|---|
| Qualified Institutional Buyers (QIB) | Bidding just opened, updating through the session |
| Non-Institutional Investors (NII) | Bidding just opened, updating through the session |
| Retail Individual Investors | Bidding just opened, updating through the session |
| Overall | Bidding just opened, updating through the session |
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Prasol Chemicals IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 643 to Rs 676 band, in multiples of 22 shares.
- Submit the application through the UPI-based ASBA method, which blocks the bid amount in your bank account rather than debiting it immediately.
- Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 10 September.
Download the Univest iOS App or Univest Android App to apply for the issue on its opening day.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
About Prasol Chemicals Limited
Prasol Chemicals Limited, incorporated in 1992, is a highly diversified specialty chemical player with over 150 products spanning acetone based chemicals, phosphorus based chemicals and other complex, differentiated chemistries. Its five key application segments cover performance chemicals including lubricant additives and mining chemicals, paints, inks, construction and adhesives, pharmaceuticals, agrochemicals, and home and personal care, serving over 1,600 customers across 69 countries. The company’s revenue and profit have both grown over the last two fiscal years as it has expanded its product range and customer base ahead of the issue.
Conclusion
The issue has opened for bidding today, 8 September 2026, backed by a broad specialty chemicals portfolio and a long operating history. Investors considering the issue should study the company financials, product concentration and risk factors in the RHP on nseindia.com and bseindia.com, and apply only after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Prasol Chemicals IPO subscription status on Day 1?
Ans. The issue opened for bidding today, 8 September 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live QIB, NII and retail numbers on NSE and BSE as the day progresses, and institutional demand in specialty chemical issues often firms up only in the final session.
When does the Prasol Chemicals IPO open and close?
Ans. The issue opened for subscription today, 8 September 2026, and will close on 10 September 2026, a standard three day bidding window for a mainboard issue.
What is the Prasol Chemicals IPO price band and lot size?
Ans. The issue price band is Rs 643 to Rs 676 per share, with a lot size of 22 shares. Retail investors must apply for a minimum of 1 lot, taking the minimum investment to about Rs 14,872 at the upper price band, and can apply for up to 13 lots, or 286 shares, worth about Rs 1,93,336.
What is the issue size and structure of the Prasol Chemicals IPO?
Ans. The issue is worth Rs 500 crore, comprising a fresh issue of 11,83,431 shares aggregating up to Rs 80 crore and an offer for sale of 62,13,006 shares aggregating to about Rs 420 crore. The fresh issue proceeds go to the company, while the offer for sale portion goes to the selling shareholders.
How are shares reserved across investor categories in the Prasol Chemicals IPO?
Ans. The issue reserves around 50 percent of the net offer for qualified institutional buyers, about 15 percent for non-institutional investors, and roughly 35 percent for retail individual investors.
What is the Prasol Chemicals IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision, especially this early in the bidding window.
How do I apply for the Prasol Chemicals IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method. Select the IPO, enter your bid quantity in multiples of 22 shares and your price within the Rs 643 to Rs 676 band, then approve the UPI mandate request on your phone before the daily cut off.
When will the Prasol Chemicals IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 11 September 2026, and the shares are tentatively scheduled to list on both NSE and BSE on 16 September 2026.
What does Prasol Chemicals Limited do?
Ans. Prasol Chemicals Limited manufactures over 150 specialty chemical products built around acetone and phosphorus based chemistries, serving performance chemicals, paints and coatings, pharmaceuticals, agrochemicals, and home and personal care industries across more than 1,600 customers in 69 countries.
Who are the registrar and lead manager for the Prasol Chemicals IPO?
Ans. KFin Technologies Ltd is the registrar for the issue, and DAM Capital Advisors Ltd is the book running lead manager for the issue.
