Prasol Chemicals IPO Listing: Shares Debut at 9.62% Discount on BSE

Prasol Chemicals IPO Listing Today: The Prasol Chemicals IPO was subscribed 3.30 times overall by the time bidding closed on 10 September 2026. Within that demand, qualified institutional buyers (QIBs) bid for 7.22 times their reserved portion, non institutional investors (NIIs) put in 1.80 times their quota, and retail investors subscribed 1.70 times the shares set aside for them. Before looking at how the stock performed on debut, here is a recap of the Prasol Chemicals IPO itself, followed by the full Prasol Chemicals IPO listing details and the Prasol Chemicals IPO listing price movement on day one.

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Prasol Chemicals IPO Listing: Issue Details

Prasol Chemicals Limited raised its capital through a book building issue worth Rs 500 crore, made up of a fresh issue of shares worth Rs 80 crore and an offer for sale of about Rs 420 crore by existing shareholders. The issue listed on both the BSE and the NSE, with a tentative listing date of 16 September 2026. Bidding ran from 8 September 2026 to 10 September 2026, at a face value of Rs 2 per share and a price band of Rs 643 to Rs 676 per share. Anyone tracking the Prasol Chemicals IPO listing today will find the full set of dates and terms in the table below.

Particular	Detail
Allotment Date	11 September 2026
IPO Open Date	8 September 2026
IPO Close Date	10 September 2026
Refund Initiation	15 September 2026
Issue Size	Rs 500 crore (73,96,437 shares)
Face Value	Rs 2 per share
Lot Size	22 shares
Issue Price	Rs 676 per share
Issue Type	Bookbuilding IPO
Listing At	BSE, NSE
Listing Date	16 September 2026

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Prasol Chemicals IPO Listing Price and Performance

On its listing day, Prasol Chemicals shares opened at Rs 611 apiece on the BSE, a 9.62 percent discount to the Rs 676 issue price. On the NSE, the stock opened at Rs 610, a 9.76 percent discount. The Prasol Chemicals IPO listing came in weak, in line with the muted subscription the issue saw during bidding and below what limited grey market indications had suggested ahead of the debut. For investors who missed allotment, the Prasol Chemicals IPO listing price now serves as the reference point for deciding whether to buy the stock on the exchanges.

About the Prasol Chemicals IPO

Prasol Chemicals Limited, incorporated in 1992 and based in Thane, is a forward integrated manufacturer of specialty chemicals with a portfolio of more than 150 products spanning 21 acetone based chemicals, 53 phosphorous based chemicals, and 76 other specialty chemicals including surfactants, esters, and acids. The company serves customers across performance chemicals, paints, inks, construction and adhesives, pharmaceuticals, agrochemicals, and home and personal care industries, operating two manufacturing facilities at Khopoli and Mahad in Maharashtra with a combined annual capacity of 98,644 metric tonnes, and exports to 69 countries. Promoters of the company are Nishith Rajnikant Shah and Gaurang Natwarlal Parikh, along with family members. DAM Capital Advisors was the lead book running lead manager, with Kfin Technologies as registrar. Investors who followed the Prasol Chemicals IPO listing today can use this background to judge the strength of the underlying business behind the weak debut. The details above round out the full picture of the Prasol Chemicals IPO listing for readers who applied in the offer.

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Prasol Chemicals Limited Financials

A look at Prasol Chemicals Limited's recent financial performance helps put the Prasol Chemicals IPO listing in context for anyone tracking the Prasol Chemicals IPO listing performance after its debut.

Year Ended	31 Mar 2026 (Rs cr.)	31 Mar 2025 (Rs cr.)	31 Mar 2024 (Rs cr.)
Revenue	1,232.59	1,012.49	876.57
Profit After Tax	83.12	43.57	18.13
EBITDA	139.32	87.77	60.53

Explanation
Prasol Chemicals Limited's revenue rose about 22 percent, from Rs 1,012.49 crore in the year ended 31 March 2025 to Rs 1,232.59 crore in the year ended 31 March 2026. Profit after tax nearly doubled, climbing 91 percent over the same period, from Rs 43.57 crore to Rs 83.12 crore, while EBITDA improved from Rs 87.77 crore to Rs 139.32 crore, with the EBITDA margin expanding from 8.67 percent to 11.30 percent. This sharp margin improvement, aided partly by softer input costs, is one of the factors investors are weighing after the Prasol Chemicals IPO listing.

Grey market premium (GMP) is an unofficial, unregulated indicator for the Prasol Chemicals IPO that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data around the Prasol Chemicals IPO listing can go through other relevant sources, though such figures should never be the sole basis for an investment decision.

FAQs

What was the Prasol Chemicals IPO listing price?

Ans. Prasol Chemicals shares listed at Rs 611 on the BSE, a 9.62 percent discount to the Rs 676 issue price, and opened at Rs 610 on the NSE, a 9.76 percent discount.

Was the Prasol Chemicals IPO listing a premium or a discount?

Ans. It was a discount listing on both exchanges. Shares fell close to 10 percent on both the BSE and the NSE against the issue price, making it a weak debut relative to the other mainboard IPOs listing the same day.

How much was the Prasol Chemicals IPO subscribed?

Ans. The IPO was subscribed 3.30 times overall, with QIBs at 7.22 times, NIIs at 1.80 times, and retail investors at 1.70 times their respective quotas.

What is the issue price of the Prasol Chemicals IPO?

Ans. The issue price was fixed at Rs 676 per share, at the upper end of the Rs 643 to Rs 676 price band.

What is the lot size of the Prasol Chemicals IPO?

Ans. The lot size was 22 shares, translating to a minimum retail investment of about Rs 14,872 at the upper price band.

Who is the registrar for the Prasol Chemicals IPO?

Ans. Kfin Technologies Limited is the registrar for the Prasol Chemicals IPO.

What does Prasol Chemicals do?

Ans. Prasol Chemicals is a Thane based specialty chemicals manufacturer producing more than 150 acetone based, phosphorous based, and other specialty chemicals for industries including paints, pharmaceuticals, agrochemicals, and personal care.

Where can I track the Prasol Chemicals IPO listing performance?

Ans. Investors can track the Prasol Chemicals IPO listing performance and live share price movement on the BSE and NSE, or through the Univest platform.

Should I hold shares after the Prasol Chemicals IPO listing?

Ans. That depends on individual risk appetite and investment horizon. Investors should review the Prasol Chemicals IPO listing performance alongside the company's financials before deciding whether to hold or exit.

Why was the Prasol Chemicals IPO listing weaker than the other mainboard IPOs that day?

Ans. The Prasol Chemicals IPO listing was weaker largely because the issue itself was subscribed only 3.30 times, a much thinner book than the other two mainboard IPOs listing the same day, reflecting more cautious investor demand during bidding.