{"id":230181,"date":"2026-09-04T09:33:44","date_gmt":"2026-09-04T04:03:44","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=230181"},"modified":"2026-09-04T09:33:46","modified_gmt":"2026-09-04T04:03:46","slug":"blogs-prasol-chemicals-initial-public-offering-review","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/","title":{"rendered":"Prasol Chemicals IPO Review: Key Details, Company Overview and Financials"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Prasol Chemicals IPO price band Rs 643 to Rs 676. Opens 8 Sep, closes 10 Sep 2026. Issue size Rs 500 Cr. Lists 16 Sep on BSE, NSE.<\/em><\/p>\n<div style=\"background: #F0F9FF; border-left: 4px solid #2E7D32; border-radius: 6px; padding: 14px 18px; margin: 18px 0;\">\n<p style=\"margin: 0; color: #1f4e79; font-size: 14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin: 8px 0 0;\">The Prasol Chemicals IPO is a Rs 500 crore bookbuilding issue priced between Rs 643 and Rs 676 per share, open for bidding from 8 to 10 September 2026. The Navi Mumbai based specialty chemicals manufacturer combines a Rs 80 crore fresh issue with a Rs 420 crore offer for sale by its promoter family and other shareholders. Shares are proposed to list on BSE and NSE around 16 September 2026, on the back of FY26 revenue growth of 22 percent and profit growth of 91 percent.<\/p>\n<\/div>\n<p>The Prasol Chemicals IPO is a bookbuilding issue of Rs 500 crore, comprising a fresh issue of shares worth Rs 80 crore and an offer for sale of 62,13,006 equity shares worth Rs 420 crore by the promoter family and other existing shareholders. The IPO will open for subscription on 8 September 2026 and close on 10 September 2026. The allotment is expected to be finalised on 11 September 2026, while the shares are proposed to list on BSE and NSE around 16 September 2026.<\/p>\n<p>The Prasol Chemicals IPO price band is set at Rs 643 to Rs 676 per share, with a lot size of 22 shares. Retail investors must apply for a minimum of 22 shares, requiring an investment of Rs 14,872, and can apply for up to 13 lots (286 shares, Rs 1,93,336). HNI investors need to apply for at least 14 lots, or 308 shares, amounting to Rs 2,08,208.<\/p>\n<p>Dam Capital Advisors Ltd. is the sole book-running lead manager for the Prasol Chemicals IPO, while Kfin Technologies Ltd. is the registrar to the issue.<\/p>\n<p>For detailed information on the company&#8217;s business, financials, risk factors and the proposed utilisation of proceeds, investors should refer to the Prasol Chemicals IPO <a href=\"https:\/\/www.damcapital.in\/files\/pdf\/639239827470702392_Prasol_Chemicals_Limited_-_RHP.pdf\" rel=\"nofollow noopener\" target=\"_blank\">Red Herring Prospectus (RHP)<\/a> before making an investment decision.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=ipo_review\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/#Company_Overview\" title=\"Company Overview\">Company Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/#IPO_Details\" title=\"IPO Details\">IPO Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/#Industry_Context\" title=\"Industry Context\">Industry Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/#Business_Strengths\" title=\"Business Strengths\">Business Strengths<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/#Business_Risks\" title=\"Business Risks\">Business Risks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/#Financial_Performance\" title=\"Financial Performance\">Financial Performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/#Prasol_Chemicals_Ltd_%E2%80%93_Financials_Rs_in_Lakh\" title=\"Prasol Chemicals Ltd. &#8211; Financials (Rs in Lakh)\">Prasol Chemicals Ltd. &#8211; Financials (Rs in Lakh)<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/#Key_Ratios_and_Metrics\" title=\"Key Ratios and Metrics\">Key Ratios and Metrics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/#Objects_of_the_Offer\" title=\"Objects of the Offer\">Objects of the Offer<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/#What_are_the_Prasol_Chemicals_IPO_dates\" title=\"What are the Prasol Chemicals IPO dates?\">What are the Prasol Chemicals IPO dates?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/#What_is_the_issue_price_and_minimum_investment_for_the_Prasol_Chemicals_IPO\" title=\"What is the issue price and minimum investment for the Prasol Chemicals IPO?\">What is the issue price and minimum investment for the Prasol Chemicals IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/#What_does_Prasol_Chemicals_Limited_do\" title=\"What does Prasol Chemicals Limited do?\">What does Prasol Chemicals Limited do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/#How_will_Prasol_Chemicals_use_the_IPO_proceeds\" title=\"How will Prasol Chemicals use the IPO proceeds?\">How will Prasol Chemicals use the IPO proceeds?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/#What_are_the_key_strengths_of_Prasol_Chemicals_Limited\" title=\"What are the key strengths of Prasol Chemicals Limited?\">What are the key strengths of Prasol Chemicals Limited?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/#What_are_the_major_risks_associated_with_the_Prasol_Chemicals_IPO\" title=\"What are the major risks associated with the Prasol Chemicals IPO?\">What are the major risks associated with the Prasol Chemicals IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/#Who_are_the_lead_manager_and_registrar_for_the_Prasol_Chemicals_IPO\" title=\"Who are the lead manager and registrar for the Prasol Chemicals IPO?\">Who are the lead manager and registrar for the Prasol Chemicals IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/blogs-prasol-chemicals-initial-public-offering-review\/#Is_the_Prasol_Chemicals_IPO_a_good_investment\" title=\"Is the Prasol Chemicals IPO a good investment?\">Is the Prasol Chemicals IPO a good investment?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Company_Overview\"><\/span><strong>Company Overview<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Incorporated in 1992, Prasol Chemicals operates in the specialty chemicals industry, manufacturing over 150 specialty chemicals, including 21 acetone-based chemicals, 53 phosphorous-based chemicals and 76 other specialty products such as surfactants, esters and acids. These products serve five major end industries: performance chemicals, paints-inks-construction-adhesives (PICA), pharmaceuticals, agrochemicals, and home and personal care.<\/p>\n<p>The company operates two manufacturing facilities at Khopoli and Mahad in Maharashtra, with an aggregate annual capacity of 98,644 metric tonnes. Its customer base includes Alembic Pharmaceuticals, Lubrizol India, Rossari Biotech, Clean Science, Gharda Chemicals, Croda India, Supriya Lifescience and Yasho Industries, among others. As of 31 July 2026, Prasol Chemicals served more than 1,600 customers and exported to 69 countries, and is certified as a 3 Star Export House by the Indian government, with a distribution network across the Asia-Pacific, North and South America, and Europe.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"IPO_Details\"><\/span><strong>IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse: collapse; width: 100%;\" border=\"1\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th style=\"background: #1F4E79; color: #fff; text-align: left;\">Particulars<\/th>\n<th style=\"background: #1F4E79; color: #fff; text-align: left;\">Details<\/th>\n<\/tr>\n<tr>\n<td>IPO Date<\/td>\n<td>8 to 10 September 2026<\/td>\n<\/tr>\n<tr>\n<td>Allotment<\/td>\n<td>Fri, 11 September 2026<\/td>\n<\/tr>\n<tr>\n<td>Listing Date<\/td>\n<td>Wed, 16 September 2026 (tentative)<\/td>\n<\/tr>\n<tr>\n<td>Face Value<\/td>\n<td>Rs 2 per share<\/td>\n<\/tr>\n<tr>\n<td>Price Band<\/td>\n<td>Rs 643 to Rs 676<\/td>\n<\/tr>\n<tr>\n<td>Lot Size<\/td>\n<td>22 Shares<\/td>\n<\/tr>\n<tr>\n<td>Issue Type<\/td>\n<td>Bookbuilding IPO<\/td>\n<\/tr>\n<tr>\n<td>Sale Type<\/td>\n<td>Fresh Issue cum Offer for Sale<\/td>\n<\/tr>\n<tr>\n<td>Total Issue Size<\/td>\n<td>73,96,437 shares (agg. up to Rs 500 Cr)<\/td>\n<\/tr>\n<tr>\n<td>Fresh Issue<\/td>\n<td>11,83,431 shares (agg. up to Rs 80 Cr)<\/td>\n<\/tr>\n<tr>\n<td>Offer for Sale<\/td>\n<td>62,13,006 shares (agg. up to Rs 420 Cr)<\/td>\n<\/tr>\n<tr>\n<td>Investor Reservation<\/td>\n<td>QIB: not more than 50%; Retail: not less than 35%; NII (HNI): not less than 15% of the offer<\/td>\n<\/tr>\n<tr>\n<td>Shareholding Pre-Issue<\/td>\n<td>5,80,00,000 shares<\/td>\n<\/tr>\n<tr>\n<td>Shareholding Post-Issue<\/td>\n<td>5,91,83,431 shares<\/td>\n<\/tr>\n<tr>\n<td>Listing Exchange<\/td>\n<td>BSE, NSE<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>(Compiled from the RHP\/DRHP and market updates)<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Industry_Context\"><\/span><strong>Industry Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>India&#8217;s overall chemicals sector is estimated at roughly USD 180 to 240 billion as of 2025-26 and is projected to grow at 9 percent or more annually, with industry estimates pointing toward a market of over USD 300 billion by 2030.<\/li>\n<li>The specialty chemicals segment, which Prasol Chemicals operates in, is growing faster than the broader chemicals industry, with various estimates placing India-specific specialty chemicals CAGR between roughly 5 and 12 percent depending on scope and time frame.<\/li>\n<li>India&#8217;s specialty chemicals export market was valued at about USD 35.4 billion in 2026 and is forecast to nearly triple to about USD 86.2 billion by 2035, driven by the global China-Plus-One sourcing shift and new trade agreements.<\/li>\n<li>Agrochemicals, pharmaceuticals and personal care remain the largest demand drivers for specialty chemicals in India, supported by growing agricultural modernisation and India&#8217;s position as a global generics and vaccine manufacturing hub.<\/li>\n<li>Government initiatives such as Make in India and Atmanirbhar Bharat, alongside global supply chain de-risking away from China, are creating capacity expansion opportunities for established Indian specialty chemical manufacturers.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Business_Strengths\"><\/span><strong>Business Strengths<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Here are the key strengths investors evaluating the Prasol Chemicals IPO should weigh:<\/p>\n<ul>\n<li>A highly diversified product portfolio of over 150 specialty chemicals used across five major application industries, reducing dependence on any single end market.<\/li>\n<li>Well established R&amp;D capabilities and a strong pipeline of products supporting continued innovation.<\/li>\n<li>Long standing relationships with a diversified, well recognised customer base, including Alembic Pharmaceuticals, Lubrizol India and Rossari Biotech, alongside export reach to 69 countries.<\/li>\n<li>A robust financial track record, with FY26 revenue up 22 percent and profit after tax up 91 percent, supported by low borrowings at a debt-to-equity ratio of 0.19.<\/li>\n<\/ul>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Screen specialty chemicals and industrial stocks on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Business_Risks\"><\/span><strong>Business Risks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Alongside these strengths, the Prasol Chemicals IPO also carries the following business risks:<\/p>\n<ul>\n<li>The offer for sale accounts for Rs 420 crore of the Rs 500 crore issue, roughly 84 percent, meaning the bulk of proceeds go to the promoter family and other selling shareholders rather than the company.<\/li>\n<li>Specialty chemical manufacturing depends on volatile raw material inputs, including acetone and phosphorous derivatives, which can compress margins.<\/li>\n<li>The company&#8217;s public KPI disclosure in the RHP shows only FY26 return ratios, limiting the ability to assess multi-year trends in ROE and ROCE.<\/li>\n<li>At the upper price band, the issue is valued at close to 47 times FY26 earnings per independent analysis, a full valuation that leaves limited margin of safety.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Financial_Performance\"><\/span><strong>Financial Performance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Prasol Chemicals IPO comes after a period of steady growth. The company&#8217;s revenue increased by around 22 percent and profit after tax rose by around 91 percent between the year ended 31 March 2025 and 31 March 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Prasol_Chemicals_Ltd_%E2%80%93_Financials_Rs_in_Lakh\"><\/span><strong>Prasol Chemicals Ltd. &#8211; Financials (Rs in Lakh)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<table style=\"border-collapse: collapse; width: 100%;\" border=\"1\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th style=\"background: #1F4E79; color: #fff; text-align: left;\">Particulars<\/th>\n<th style=\"background: #1F4E79; color: #fff; text-align: left;\">Fiscal 2026<\/th>\n<th style=\"background: #1F4E79; color: #fff; text-align: left;\">Fiscal 2025<\/th>\n<th style=\"background: #1F4E79; color: #fff; text-align: left;\">Fiscal 2024<\/th>\n<\/tr>\n<tr>\n<td>Revenue from Operations<\/td>\n<td>1,23,785.00<\/td>\n<td>1,01,554.00<\/td>\n<td>88,756.00<\/td>\n<\/tr>\n<tr>\n<td>EBITDA<\/td>\n<td>13,932.00<\/td>\n<td>8,777.00<\/td>\n<td>6,053.00<\/td>\n<\/tr>\n<tr>\n<td>EBITDA Margin (%)<\/td>\n<td>11.30%<\/td>\n<td>8.64% (computed)<\/td>\n<td>6.82% (computed)<\/td>\n<\/tr>\n<tr>\n<td>Profit After Tax (PAT)<\/td>\n<td>8,312.00<\/td>\n<td>4,357.00<\/td>\n<td>1,813.00<\/td>\n<\/tr>\n<tr>\n<td>Debt-to-Equity Ratio<\/td>\n<td>0.19<\/td>\n<td>0.27 (computed)<\/td>\n<td>0.25 (computed)<\/td>\n<\/tr>\n<tr>\n<td>Return on Capital Employed (ROCE) (%)<\/td>\n<td>22.43%<\/td>\n<td>Not separately disclosed<\/td>\n<td>Not separately disclosed<\/td>\n<\/tr>\n<tr>\n<td>Return on Equity (ROE) (%)<\/td>\n<td>20.37%<\/td>\n<td>Not separately disclosed<\/td>\n<td>Not separately disclosed<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Amounts in Rs Lakh unless stated otherwise, compiled from the Prasol Chemicals IPO RHP. FY2026 financials are presented on a standalone basis while FY2025 and FY2024 reflect the company&#8217;s broader restated figures; EBITDA margin and debt-to-equity for FY2025 and FY2024 are computed from disclosed absolute figures. ROCE and ROE for FY2025 and FY2024 were not separately disclosed in the available RHP data.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Ratios_and_Metrics\"><\/span><strong>Key Ratios and Metrics<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below summarises the key ratios and metrics relevant to the Prasol Chemicals IPO as of the latest reported period.<\/p>\n<table style=\"border-collapse: collapse; width: 100%;\" border=\"1\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th style=\"background: #1F4E79; color: #fff; text-align: left;\">KPI (Mar 31, 2026)<\/th>\n<th style=\"background: #1F4E79; color: #fff; text-align: left;\">Value<\/th>\n<\/tr>\n<tr>\n<td>Return on Equity (ROE)<\/td>\n<td>20.37%<\/td>\n<\/tr>\n<tr>\n<td>Return on Capital Employed (ROCE)<\/td>\n<td>22.43%<\/td>\n<\/tr>\n<tr>\n<td>Debt-to-Equity Ratio<\/td>\n<td>0.19<\/td>\n<\/tr>\n<tr>\n<td>Return on Net Worth (RoNW)<\/td>\n<td>18.53%<\/td>\n<\/tr>\n<tr>\n<td>PAT Margin<\/td>\n<td>6.74%<\/td>\n<\/tr>\n<tr>\n<td>EBITDA Margin<\/td>\n<td>11.30%<\/td>\n<\/tr>\n<tr>\n<td>Net Asset Value (NAV per share)<\/td>\n<td>Rs 77.33<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Objects_of_the_Offer\"><\/span><strong>Objects of the Offer<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The company proposes to utilise the net proceeds from the Prasol Chemicals IPO towards the following objects.<\/p>\n<ul>\n<li>Repayment and\/or pre-payment, in full or part, of certain borrowings availed by the company (Rs 60.00 Cr)<\/li>\n<li>General corporate purposes<\/li>\n<\/ul>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the Prasol Chemicals IPO and get daily stock recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Prasol Chemicals IPO reflects a well diversified specialty chemicals manufacturer with a broad 150-plus product portfolio, an established R&amp;D base, a blue-chip customer list, and a strong FY26 financial performance backed by low borrowings.<\/p>\n<p>However, the large offer for sale component, raw material price sensitivity, limited multi-year return-ratio disclosure, and a fairly full valuation are factors that could affect the investment case for the Prasol Chemicals IPO.<\/p>\n<p>Overall, investors weighing the Prasol Chemicals IPO should evaluate the company&#8217;s business model, financial performance, industry outlook, competitive positioning, valuation and risk factors in detail, and carefully review the Red Herring Prospectus (RHP) before making an informed investment decision.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<p>Univest does not publish grey market premium figures. Grey market premium is an unofficial and unregulated indicator collected informally outside the stock exchanges. It is not published, verified or endorsed by SEBI, NSE or BSE, can vary widely between trackers, and is not always accurate.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_Prasol_Chemicals_IPO_dates\"><\/span><strong>What are the Prasol Chemicals IPO dates?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Prasol Chemicals IPO will open for subscription on 8 September 2026 and close on 10 September 2026. The allotment is expected to be finalised on 11 September 2026, with the shares proposed to list on BSE and NSE around 16 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_issue_price_and_minimum_investment_for_the_Prasol_Chemicals_IPO\"><\/span><strong>What is the issue price and minimum investment for the Prasol Chemicals IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Prasol Chemicals IPO 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 22 shares, requiring an investment of Rs 14,872 at the upper price band.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Prasol_Chemicals_Limited_do\"><\/span><strong>What does Prasol Chemicals Limited do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Incorporated in 1992, Prasol Chemicals manufactures over 150 specialty chemicals, including acetone-based, phosphorous-based and other specialty products, serving industries such as performance chemicals, paints and coatings, pharmaceuticals, agrochemicals, and personal care.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_will_Prasol_Chemicals_use_the_IPO_proceeds\"><\/span><strong>How will Prasol Chemicals use the IPO proceeds?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The net proceeds from the fresh issue will primarily be used for repayment or pre-payment of certain borrowings, along with general corporate purposes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_strengths_of_Prasol_Chemicals_Limited\"><\/span><strong>What are the key strengths of Prasol Chemicals Limited?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Key strengths include a highly diversified specialty chemicals portfolio, established R&amp;D capabilities, long standing relationships with a blue-chip customer base, and a robust financial track record with low borrowings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_major_risks_associated_with_the_Prasol_Chemicals_IPO\"><\/span><strong>What are the major risks associated with the Prasol Chemicals IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The IPO has a large offer for sale component making up around 84 percent of the issue, the business is exposed to volatile raw material prices, multi-year return-ratio disclosure is limited, and the issue is priced at a full valuation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_are_the_lead_manager_and_registrar_for_the_Prasol_Chemicals_IPO\"><\/span><strong>Who are the lead manager and registrar for the Prasol Chemicals IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Dam Capital Advisors Ltd. is the sole book-running lead manager for the Prasol Chemicals IPO, while Kfin Technologies Ltd. is the registrar to the issue.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Prasol_Chemicals_IPO_a_good_investment\"><\/span><strong>Is the Prasol Chemicals IPO a good investment?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Prasol Chemicals offers exposure to a diversified, export-oriented specialty chemicals business with strong FY26 growth, but the large offer for sale and full valuation warrant a careful, selective approach. Investors should review the RHP and assess their own risk profile before applying.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Prasol Chemicals IPO is a Rs 500 crore bookbuilding issue priced between Rs 643 and Rs 676 per share, open for bidding from 8 to 10 September 2026. The Navi Mumbai based specialty chemicals manufacturer combines a Rs 80 crore fresh issue with a Rs 420 crore offer for sale by<\/p>\n","protected":false},"author":28,"featured_media":230180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[1015],"class_list":["post-230181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-ipo"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["230180"],"_edit_lock":["1788494630:28"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["72"],"rank_math_title":["Prasol Chemicals IPO 2026: Price and Full Review"],"rank_math_description":["Prasol Chemicals IPO opens 8 to 10 September 2026 at Rs 643 to Rs 676. 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