Markets / IPO / Prasol Chemicals

Prasol Chemicals IPO

Updated 17:58

Mainboard IPO on NSE and BSE · Specialty Chemicals

Status

Listed

Price band

₹643–676

Lot size

22 shares · ₹14,872

Subscribed

3.30×

How it listed

Issue price

₹676

Listing price (open)

₹610.00 -9.76%

First-day close

₹671.00 -0.74%

Price now

₹769.45 +13.82%

Listing day	16 Sept 2026
Open / high / low / close	₹610.00 / ₹671.00 / ₹601.00 / ₹671.00
Shares traded on NSE	22,14,873
Market value at the listing-day close	₹3,971 cr

Closing prices since listing: 26 Oct ₹739.25, 27 Oct ₹733.70, 28 Oct ₹745.80, 29 Oct ₹818.20, 30 Oct ₹805.10, 2 Nov ₹817.25, 3 Nov ₹754.65, 4 Nov ₹772.45, 5 Nov ₹802.55, 6 Nov ₹770.55.

Prasol Chemicals share price, live chart and technicals →

Key dates

Bidding opens	8 Sept 2026
Bidding closes	10 Sept 2026
Allotment	11 Sept 2026
Refunds and shares in demat	15 Sept 2026
Listing	16 Sept 2026

Issue reservation

Investor group	Shares	% of issue	Most applicants allotted
Anchor investors	22,18,930	28.96%	–
Institutions (QIB)	15,55,209	20.30%	–
HNI / NII	11,66,406	15.22%	–
HNI, above ₹10 lakh	7,77,604	10.15%	519
HNI, ₹2–10 lakh	3,88,802	5.07%	1,262
Retail	27,21,614	35.52%	1,23,709

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

Application	Lots	Shares	Amount
Retail (minimum)	1	22	₹14,872
Retail (maximum)	13	286	₹1,93,336
Small HNI (minimum)	14	308	₹2,08,208
Small HNI (maximum)	67	1,474	₹9,96,424
Big HNI (minimum)	68	1,496	₹10,11,296

At ₹676 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance

At least 1 in 2

Retail allotments available

1,23,709 × one lot

Retail portion subscribed

1.70×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor category	Shares offered	Shares bid for	Times subscribed
Institutions (QIB)	15,55,209	1,12,28,140	7.22×
HNI / NII	11,66,406	20,95,302	1.80×
HNI, above ₹10 lakh	7,77,604	9,01,560	1.16×
HNI, ₹2–10 lakh	3,88,802	11,93,742	3.07×
Retail	27,21,614	46,39,206	1.70×
Total	54,43,229	1,79,62,648	3.30×

NSE and BSE bids together, as of 10 Sept 2026 19:00.

Demand at each price

Top price ₹676	138.40 lakh shares	77.0%
Cut-off final price, whatever it is; mostly retail	41.15 lakh shares	22.9%
Lower prices ₹643–675	0.26 lakh shares	0.1%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	7 Sept 2026
Anchor shares	22,18,930
Raised from anchors	₹150.00 cr
Lock-in ends for the first 50% (30 days)	10 Oct 2026
Lock-in ends for the remaining 50% (90 days)	9 Dec 2026 (in 33 days)

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹4,001 cr	₹4,554 cr
P/E (last 12 months' profit)	–	–

Revenue, last 12 months	–
Profit, last 12 months	–
Return on equity	–
Debt to equity	0.11

From results the company filed with NSE (latest period to 30 Sept 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Specialty Chemicals

Company	Listed	Subscribed	On listing	Since IPO
BLS Polymers	3 Nov	241.22×	+65.33%	+57.19%
Biopol Chemicals SME	13 Feb	–	+2.78%	-56.48%
Neochem Bio Solutions SME	9 Dec	–	+10.20%	+8.42%
Speb Adhesives SME	8 Dec	–	+7.14%	+32.14%
Sudeep Pharma	28 Nov	93.72×	+23.10%	+98.70%
Snehaa Organics SME	5 Sept	–	0.00%	-66.52%
Gem Aromatics	26 Aug	30.27×	+2.49%	-58.00%
Renol Polychem SME	7 Aug	–	0.00%	-43.81%

IPO details

Price band	₹643–676
Final issue price	₹676
Lot size	22 shares
Minimum investment	₹14,872 (1 lot)
Market	NSE mainboard
Issue type	Book Building
Face value	₹2 per Equity Share
Industry	Specialty Chemicals
Issue size	₹500.00 crore (about 73.96 lakh shares) · Fresh issue + offer for sale: fresh ₹80.00 cr, offer for sale ₹420.00 cr
ISIN	INE455U01024
Registrar	KFin Technologies Limited Helpline: +91 6716 2222, 18003094001, prasol.ipo@kfintech.com
Lead managers	DAM Capital Advisors Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 11 Sept 2026. Check it on the registrar's page (KFin Technologies Limited), NSE or BSE with your PAN or application number.

← All IPOs: open, upcoming and recently listed

From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Prasol Chemicals IPO price band and lot size?

The price band is ₹643–676 per share, and one lot is 22 shares (₹14,872 at the upper price).

When is the Prasol Chemicals IPO allotment date?

Allotment was finalised on 11 Sept 2026, the next working day after bidding closed on 10 Sept 2026.

How many times was the Prasol Chemicals IPO subscribed?

In total 3.30 times, on NSE and BSE together; retail 1.70 times.

What is the Prasol Chemicals IPO listing date?

It listed on 16 Sept 2026 on NSE and BSE.

What is the chance of getting Prasol Chemicals IPO shares?

At least 1 in 2 retail applicants got the minimum lot: 1,23,709 retail allotments with the retail portion subscribed 1.70 times. Winners are picked by lottery.

When does the Prasol Chemicals anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 10 Oct 2026 and the 90-day lock-in on the rest ends on 9 Dec 2026; they can sell from the next trading day.

What was the Prasol Chemicals listing gain?

It opened at ₹610.00 against an issue price of ₹676, a loss of 9.76%. It is now up 13.82% from the issue price.