Prasol Chemicals IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Return Estimator (GMP*)
Financial Analysis
| Metric | 2024 (Consolidated) | 2025 (Consolidated) | 2026 (Standalone) |
|---|---|---|---|
| Revenue | 887.56 | 1,015.54 | 1,237.85 |
| Expense | 848.28 | 956.25 | 1,125.95 |
| Profit (PAT) | 18.13 | 43.57 | 83.12 |
| Total Assets | 626.36 | 723.09 | 839.28 |
| Company | EPS | P/E | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Aarti Industries Limited | 11.56 | 46.75 | 7.04 | 164.27 | 8,291.00 Cr |
| Atul Limited | 230.25 | 28.04 | 10.95 | 2,136.46 | 6,476.44 Cr |
| Laxmi Organics Limited | 2.87 | 59.74 | 4.00 | 71.66 | 2,861.97 Cr |
| Vinati Organic Limited | 42.80 | 30.95 | 14.03 | 304.99 | 2,279.53 Cr |
| Privi Speciality Chemicals Limited | 81.08 | 42.67 | 21.99 | 368.79 | 2,582.92 Cr |
| Yasho Industries Limited | 20.95 | 206.68 | 5.69 | 368.18 | 831.31 Cr |
| Excel Industries Limited | 60.19 | 17.12 | 4.44 | 1,354.74 | 1,121.85 Cr |
Promoters: Nishith Rajnikant Shah, Gaurang Natwarlal Parikh, Dhaval Nalin Parikh, Pankil Nishith Dharia, Sachin Jatin Parikh, Rakesh Gupta, Nishith Rasiklal Dharia, Kunal Tushar Dharia, Suketu Navinchandra Parikh, and Usha Rajnikant Shah
Strengths & Risks
- Revenue grew 22% in the latest reported year.
- Strong return on equity — 20%.
- Low leverage — debt/equity of 0.19.
- Largely an offer for sale — most proceeds go to selling shareholders, not the company.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
| Purpose | Amount (Cr) |
|---|---|
| Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company | 60.00 |
| General Corporate Purpose | - |
Resources & Documents
Prasol Chemicals Ltd., Prasol House, Plot No A – 17/2/3,, T. T. C, Industrial Area, Khairne M.I.D.C.,, Navi Mumbai,, Thane, Maharashtra, 400710
Prasol Chemicals has set a price band of Rs 643–Rs 676 per share for an issue size of Rs 500 crore. The Mainboard issue is scheduled to open for subscription on September 08, 2026 — 5 days from now.
The issue is promoted by Nishith Rajnikant Shah, Gaurang Natwarlal Parikh, Dhaval Nalin Parikh, Pankil Nishith Dharia, Sachin Jatin Parikh, Rakesh Gupta, Nishith Rasiklal Dharia, Kunal Tushar Dharia, Suketu Navinchandra Parik… with Dam Capital Advisors Ltd. acting as lead manager. Net proceeds will primarily be used towards Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company (Rs 60 crore) and General Corporate Purpose.
Grey market is quoting a premium of +Rs 14 (+2.1% over issue price).
On fundamentals, the company is posting revenue growth of 21.9%, a profit margin of 6.7%, return on equity of 20.4% in its most recent reported period. Listed peers in this segment include Aarti Industries Limited (P/E 46.75x) and Atul Limited (P/E 28.04x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.
Our data-driven engine currently flags this issue as a Neutral stance — the data is mixed and the risk-reward is balanced rather than one-sided. All figures below — GMP history, subscription tiers, financials and peers — are aggregated from public disclosures. Always apply through your own broker after reading the RHP.
Prasol Chemicals IPO GMP — What It Means
The latest grey market premium for Prasol Chemicals IPO is ₹14 (+2.1%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Prasol Chemicals it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full Prasol Chemicals GMP history and trend, or learn how grey market premium works and how reliable it is.
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