Prasol Chemicals IPO Day 3: Subscription Closes Today, 10 September 2026

Prasol Chemicals Limited, a specialty chemicals manufacturer founded in 1992, has reached the final day of its IPO subscription window today, 10 September 2026. The Prasol Chemicals IPO opened on 8 September and is a mainboard, book built issue worth about Rs 500 crore, comprising a fresh issue and an offer for sale. The shares are proposed to list on both NSE and BSE.

Demand for the issue has built gradually through the bidding window. The issue closed Day 1 subscribed 0.44 times overall, with retail leading at 0.73 times, and by late morning on Day 2 the overall book had edged up to around 0.57 times, with retail approaching full subscription at 0.93 times. The QIB and NII categories still have room to build before the close today.

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Prasol Chemicals IPO Details

The table below sets out the key parameters of the issue.

Open Date	8 September 2026
Close Date	10 September 2026
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 Subscription Status Day 3

The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the closing day itself.

Session	Overall	Retail	NII	QIB
Day 1 close (8 Sep, 5:06 PM)	0.44x	0.73x	0.33x	0.00x
Day 2 (9 Sep, 11:56 AM)	0.57x	0.93x	Updating
Day 3, closing day so far (10 Sep)	Updating through the session

Retail bidding for the issue has approached full subscription through the window, while QIB and NII participation remains the key variable to watch before today's close. With bidding open until the end of the session, the final numbers should be confirmed on NSE and BSE once the window shuts.

Track Subscription Status for the issue on the Univest Screener

How to Apply for the Prasol Chemicals IPO

1. Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
2. 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.
3. Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
4. Approve the UPI mandate on your phone well before the cut off today, since the issue closes for good after this session.

Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.

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.

Conclusion

The issue closes today with retail demand nearing full subscription and QIB and NII bids still to be fully tested in the final hours. Investors considering the issue should review the company financials and risk factors in the RHP on nseindia.com and bseindia.com, and apply only after independent due diligence before the window shuts today.

FAQs

What is the Prasol Chemicals IPO subscription status on Day 3?

Ans. On the closing day, 10 September 2026, the issue is running at around 0.57 times overall, up from 0.44 times at the Day 1 close, with retail nearing full subscription at 0.93 times, and figures updating through today's final session.

When does the Prasol Chemicals IPO close?

Ans. The issue closes for subscription today, 10 September 2026, having opened on 8 September 2026.

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, taking the minimum investment to about Rs 14,872 at the upper price band.

Which category led the Prasol Chemicals IPO subscription?

Ans. Retail investors have led the issue throughout the bidding window, reaching 0.93 times through Day 2, while QIB stood at 0.00 times and NII at 0.33 times at the Day 1 close.

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.

How do I apply for the Prasol Chemicals IPO before it closes?

Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, entering your bid in multiples of 22 shares within the Rs 643 to Rs 676 band and approving the UPI mandate before today's 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, with listing on both NSE and BSE tentatively scheduled for 16 September 2026.

Is the Prasol Chemicals IPO likely to close fully subscribed?

Ans. With retail already at 0.93 times through Day 2, the issue retail portion looks close to full subscription, though the overall figure depends heavily on QIB and NII bids, which often arrive in the closing hours of a mainboard issue.

What is the reservation split 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 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, pharmaceuticals, agrochemicals and home and personal care industries.