{"id":70406,"date":"2026-09-08T16:02:53","date_gmt":"2026-09-08T10:32:53","guid":{"rendered":"https:\/\/www.equentis.com\/blog\/?p=70406"},"modified":"2026-09-08T16:02:56","modified_gmt":"2026-09-08T10:32:56","slug":"prasol-chemicals-ipo-check-price-band-lot-size-and-key-details","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/prasol-chemicals-ipo-check-price-band-lot-size-and-key-details\/","title":{"rendered":"Prasol Chemicals IPO: Check Price Band, Lot Size and Key Details"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<p class=\"wp-block-paragraph\">The <strong>Prasol Chemicals IPO<\/strong> opened for subscription on September 8, 2026, and will remain open until September 10. The mainboard IPO has a <strong>price band of \u20b9643\u2013\u20b9676 per share<\/strong>, with a minimum lot size of <strong>22 shares<\/strong>, requiring <strong>\u20b914,872<\/strong> at the upper price band. The company is looking to raise up to <strong>\u20b9500 crore<\/strong>, comprising an \u20b980-crore fresh issue and a \u20b9420-crore offer for sale (OFS).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Prasol Chemicals IPO: Key Details<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Prasol Chemicals is a Maharashtra-based specialty chemicals manufacturer. The company makes acetone- and phosphorus-based specialty chemicals and serves industries including pharmaceuticals, agrochemicals, personal care and other industrial applications. Its <a class=\"wpil_keyword_link\" href=\"https:\/\/www.equentis.com\/researchandranking\/ipos\"   title=\"IPO\" data-wpil-keyword-link=\"linked\"  data-wpil-monitor-id=\"1663\">IPO<\/a> gives investors an opportunity to participate in a specialty chemicals business through the mainboard market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here are the key Prasol Chemicals IPO details:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Particular<\/th><th>Details<\/th><\/tr><\/thead><tbody><tr><td>IPO opening date<\/td><td>September 8, 2026<\/td><\/tr><tr><td>IPO closing date<\/td><td>September 10, 2026<\/td><\/tr><tr><td>Price band<\/td><td>\u20b9643\u2013\u20b9676 per share<\/td><\/tr><tr><td>Lot size<\/td><td>22 shares<\/td><\/tr><tr><td>Minimum investment<\/td><td>\u20b914,872<\/td><\/tr><tr><td>Issue size<\/td><td>Up to \u20b9500 crore<\/td><\/tr><tr><td>Fresh issue<\/td><td>\u20b980 crore<\/td><\/tr><tr><td>Offer for Sale<\/td><td>\u20b9420 crore<\/td><\/tr><tr><td>Face value<\/td><td>\u20b92 per share<\/td><\/tr><tr><td>Listing<\/td><td>NSE and BSE<\/td><\/tr><tr><td>Expected listing date<\/td><td>September 16, 2026<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The IPO is a <strong>book-built issue<\/strong>, meaning investors can bid within the specified price range and the final issue price is determined through the book-building process.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Prasol Chemicals IPO Price Band and Lot Size<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Prasol Chemicals IPO price band<\/strong> has been fixed at \u20b9643 to \u20b9676 per equity share. Retail investors must apply for at least one lot, comprising 22 shares.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the upper price of \u20b9676, one lot costs <strong>\u20b914,872<\/strong>. Investors can apply for additional lots in multiples of 22 shares, subject to the applicable investment limits and category rules.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The relatively high per-share price means the minimum retail application is above \u20b914,000. Investors should therefore consider the total amount blocked through the UPI mandate before submitting an application.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Prasol Chemicals IPO Dates: When Can You Apply?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The IPO opened on <strong>September 8<\/strong> and closes on <strong>September 10, 2026<\/strong>. The basis of allotment is scheduled to be finalised on September 11.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Refunds and credit of shares are expected on September 15, while the shares are scheduled to begin trading on both NSE and BSE on <strong>September 16, 2026<\/strong>, subject to the final timetable.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investors should not wait until the last few minutes of the final day. UPI mandates and technical delays can affect applications, so completing the process earlier can reduce avoidable issues.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How Much Is Prasol Chemicals Raising?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Prasol Chemicals is targeting a total IPO size of \u20b9500 crore.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Importantly, most of the issue is an <strong>Offer for Sale<\/strong>. The IPO consists of:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u20b980 crore fresh issue<\/strong><\/li>\n\n\n\n<li><strong>\u20b9420 crore Offer for Sale<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">A fresh issue creates new shares and brings capital into the company. In an OFS, existing shareholders sell their shares, with the proceeds going to those selling shareholders rather than directly to the company.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This distinction matters when evaluating an IPO because the amount of fresh capital available for the company&#8217;s expansion is considerably smaller than the headline \u20b9500-crore issue size.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What Does Prasol Chemicals Do?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Prasol Chemicals was incorporated in 1992 and operates in the specialty chemicals industry. Its product portfolio includes more than 150 specialty chemicals, with manufacturing facilities in Maharashtra.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company operates facilities at <strong>Khopoli and Mahad<\/strong>, with combined manufacturing capacity of around <strong>98,644 tonnes per year<\/strong>, according to IPO-related disclosures reported by financial publications. It supplies customers in India as well as international markets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The specialty chemicals sector can offer opportunities when demand grows across end-use industries such as pharmaceuticals, agriculture and personal care. However, chemical companies can also be exposed to fluctuations in raw-material prices, foreign exchange movements, customer concentration and global demand.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Where Will the IPO Money Go?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The \u20b980-crore fresh issue is intended primarily to strengthen the company&#8217;s financial position, including debt repayment, according to IPO disclosures. The remaining \u20b9420 crore is being raised through the OFS route.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For investors, this means the IPO should not be viewed simply as a large expansion-capital raise. Understanding how much money actually enters the company&#8217;s balance sheet is important when assessing the potential benefits of the issue.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Prasol Chemicals IPO: Opportunities and Risks<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Potential Opportunities<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Prasol Chemicals operates in a specialty chemicals segment that serves multiple industries. Its international presence and diversified product portfolio could provide opportunities for further growth if demand for its products remains healthy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company also has established manufacturing operations and experience in specialty chemical production, which can be relevant strengths in an industry where product knowledge and manufacturing capabilities matter.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Key Risks<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">There are several factors investors should examine carefully before applying.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company has exposure to raw-material costs, and changes in input prices can affect margins. Customer and product concentration can also create business risks if demand from a major customer or product category weakens.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The specialty chemicals industry is also competitive and sensitive to global economic conditions. Investors should additionally examine the company&#8217;s debt levels, cash flows, margins and historical financial performance rather than relying only on IPO demand or grey market sentiment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Should You Apply for the Prasol Chemicals IPO?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Prasol Chemicals IPO<\/strong> offers exposure to a specialty chemicals manufacturer, but whether it suits an investor depends on valuation, financial performance, risk appetite and investment horizon.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The grey market premium, or GMP, may attract short-term attention, but it is an unofficial and unregulated indicator and should not be treated as a guaranteed listing-price signal. GMP can change rapidly before listing and does not replace fundamental analysis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investors should therefore focus on the company&#8217;s earnings, margins, debt, cash flows, business concentration and the valuation implied by the IPO price band.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The Prasol Chemicals IPO is a \u20b9500-crore mainboard issue open from September 8 to September 10, 2026. Its <strong>\u20b9643\u2013\u20b9676 price band<\/strong>, <strong>22-share lot size<\/strong> and <strong>\u20b914,872 minimum investment at the upper band<\/strong> are the most important details for retail investors. The issue includes \u20b980 crore of fresh shares and \u20b9420 crore through an OFS.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With listing scheduled for September 16, investors should look beyond the IPO&#8217;s headline size and assess the company&#8217;s financials, industry outlook, valuation and risks before making an investment decision.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Frequently Asked Questions<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">1. What is the Prasol Chemicals IPO price band?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Prasol Chemicals IPO price band is <strong>\u20b9643 to \u20b9676 per equity share<\/strong>. Investors can bid at prices within this range during the subscription period. The final issue price will be determined through the book-building process, subject to the applicable IPO rules.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2. What is the Prasol Chemicals IPO lot size?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Prasol Chemicals IPO lot size is 22 shares<\/strong>. At the upper price band of \u20b9676 per share, one lot requires an investment of \u20b914,872. Investors can generally apply for additional lots in multiples of 22 shares, subject to category-specific limits.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">3. When does the Prasol Chemicals IPO open and close?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The IPO opened on <strong>September 8, 2026<\/strong>, and closes on <strong>September 10, 2026<\/strong>. The basis of allotment is scheduled for September 11, followed by share credit and refunds on September 15. The shares are expected to list on September 16.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4. How much is the Prasol Chemicals IPO worth?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Prasol Chemicals IPO has a total issue size of up to <strong>\u20b9500 crore<\/strong>. It consists of an \u20b980-crore fresh issue and an Offer for Sale of \u20b9420 crore by existing shareholders. Therefore, only the fresh issue component directly raises new capital for the company.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">5. What is the minimum investment for Prasol Chemicals IPO?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The minimum retail investment is <strong>\u20b914,872<\/strong>, calculated using one lot of 22 shares at the upper price band of \u20b9676. The actual amount blocked can depend on the final application price and applicable IPO process. Investors should check their broker&#8217;s application details before submitting a bid.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">6. When will Prasol Chemicals shares be listed?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Prasol Chemicals shares are scheduled to be listed on <strong>September 16, 2026<\/strong>, on both the NSE and BSE. The date is based on the current IPO timetable and can be subject to changes announced by the company, exchanges or other relevant authorities.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">7. What does Prasol Chemicals manufacture?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Prasol Chemicals manufactures specialty chemicals, including acetone- and phosphorus-based products. Its products are used across industries such as pharmaceuticals, agrochemicals, personal care and other industrial applications. The company has manufacturing facilities in Maharashtra and serves both domestic and international markets.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">8. What is the difference between the fresh issue and OFS in Prasol Chemicals IPO?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The \u20b980-crore fresh issue involves the company issuing new shares and raising fresh capital. The \u20b9420-crore OFS involves existing shareholders selling their shares. Proceeds from an OFS generally go to the selling shareholders rather than directly to the company.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">9. Is Prasol Chemicals IPO GMP reliable?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The grey market premium is an unofficial indicator and is not regulated by stock exchanges or SEBI. It can change quickly and does not guarantee the listing price or listing gains. Investors should treat GMP as market sentiment rather than a substitute for studying the company&#8217;s financial performance and valuation.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">10. What should investors check before applying for the Prasol Chemicals IPO?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Investors should examine Prasol Chemicals&#8217; revenue and profit trends, margins, debt, cash flows, customer concentration, raw-material exposure and valuation at the IPO price. They should also understand the specialty chemicals industry&#8217;s competitive and cyclical risks. The decision should be based on individual financial goals and risk tolerance rather than IPO popularity alone.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Prasol Chemicals IPO opened for subscription on September 8, 2026, and will remain open until September 10. The mainboard [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":70411,"comment_status":"closed","ping_status":"0","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[948],"tags":[],"class_list":["post-70406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-market-news"],"_links":{"self":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/70406","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/comments?post=70406"}],"version-history":[{"count":1,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/70406\/revisions"}],"predecessor-version":[{"id":70418,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/70406\/revisions\/70418"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media\/70411"}],"wp:attachment":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media?parent=70406"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/categories?post=70406"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/tags?post=70406"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}