Prasol Chemicals Share Price: Stock Lists at ₹610.00 With a 9.76% Discount on NSE

On September 16, 2026, Prasol Chemicals Ltd. shares made their market debut on the stock exchanges. The stock listed at ₹610.00 on the National Stock Exchange (NSE), reflecting a ₹66.00 loss under its IPO issue price of ₹676.00 per share. 

On BSE, it listed at ₹611.00, reflecting a 9.62% discount or a ₹65.00 loss under the original IPO issue price. 

Prasol Chemicals Ltd. IPO Overview 

Prasol Chemicals Ltd. launched a book-built public offer with a total issue size of ₹500.00 crore. The issue comprised a fresh issue of 11.83 lakh shares aggregating to ₹80.00 crore and an offer for sale of 62.13 lakh shares aggregating to ₹420.00 crore.  

Bidding opened on Sep 8, 2026, and closed on Sep 10, 2026, with an allotment date of Sep 11, 2026. The final issue price was set at ₹676 per share with a lot size of 22 shares, requiring a minimum retail investor application amount of ₹14,872. Dam Capital Advisors Ltd. acted as the lead manager while Kfin Technologies Ltd. served as the registrar. 

Prasol Chemicals IPO subscribed 3.47 times. 

Business Overview of Prasol Chemicals Ltd. 

Incorporated in 1992, Prasol Chemicals Limited operates in the specialty chemicals industry, manufacturing over 150 specialty chemicals including acetone-based, phosphorous-based, and other complex chemicals. Its portfolio includes 21 acetone-based chemicals, 53 phosphorous-based chemicals, and 76 other specialty chemicals.  

These products serve five major industries including performance chemicals, paint, inks, construction, adhesives, pharmaceuticals, agrochemicals, and home care. The firm operates two manufacturing facilities in Khopoli and Mahad with an aggregate capacity of 98,644 MT per year. It is certified as a 3 Star Export House, serving 1,600 customers across 69 countries. 

Financial Overview of Prasol Chemicals Ltd. 

The company witnessed a 22 percent increase in revenue and a 91 percent rise in profit after tax between the fiscal years ending March 31, 2025, and March 31, 2026. As of March 31, 2026, total assets reached ₹839.28 crore, up from ₹723.09 crore in 2025.  

Total income grew to ₹1,237.85 crore in 2026 compared to ₹1,015.54 crore in the previous year. Profit after tax rose to ₹83.12 crore from ₹43.57 crore in 2025. EBITDA stood at ₹139.32 crore while net worth expanded to ₹448.51 crore. Total borrowings increased to ₹110.06 crore against reserves of ₹436.91 crore. 

Objective of Prasol Chemicals Ltd. IPO 

The company intends to utilize the net proceeds generated from the fresh issue segment of the public offering toward specific strategic milestones. A major portion of the funding, amounting to ₹60.00 crore, is designated for the repayment and or pre-payment, in full or in part, of certain borrowings availed by the company.  

Furthermore, the firm has earmarked ₹16.39 crore from the proceeds to support general corporate purposes. The remaining balance of ₹21.95 crore will be utilized to cover the estimated issue expenses, bringing the total estimated allocation of the fresh issue proceeds to ₹98.34 crore. 

Read More: Maharaja & Speedex India IPO Allotment Status! 

Prasol Chemicals Share Price Performance 

As of September 16, 2026, at 10:03 AM, Prasol Chemicals share price on NSE was trading at ₹625.00, down by 7.54% from its original IPO issue price of ₹676.00. 

Conclusion 

Prasol Chemicals equity shares opened at a discount on both exchanges, listing at ₹610.00 on the NSE and ₹611.00 on the BSE, marking a sluggish debut relative to the company's IPO issue price of ₹676.00 per share. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Readers should conduct their own research and form an independent opinion before making any financial decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.