BSE List Price : ₹611.00

NSE List Price : ₹610.00

subscription

Category	Times
QIBs	7.59x
HNIs	1.89x
Retail	1.79x
Total : 3.47x

IPO Market Lot(s) Distribution

Application	Lot Size	Shares	Amount
Retail Minimum	1	22	₹14,872
Retail Maximum	13	286	₹193,336
S-HNI Minimum	14	308	₹208,208
S-HNI Maximum	67	1,474	₹996,424
B-HNI Minimum	68	1,496	₹1,011,296

About the Company

Prasol Chemicals Limited was incorporated in 1992 and is an Indian specialty chemicals manufacturer with over 30 years of industry experience. The Company is engaged in manufacturing acetone-based, phosphorus-based and other specialty chemicals through its integrated manufacturing capabilities.

The Company offers a diversified portfolio of 150+ specialty chemical products catering to industries such as performance chemicals, paints and inks, construction and adhesives, pharmaceuticals, agrochemicals, and home and personal care. Its product portfolio includes lubricant additives, mining chemicals, solvents, pharmaceutical intermediates and other specialty chemicals.

The Company has a diversified customer base across domestic and international markets, serving more than 1,100 customers and exporting its products to multiple countries. Its manufacturing and research and development capabilities support product development and customised solutions for various end-use applications.

The Company operates manufacturing facilities in Maharashtra, including Khopoli and Mahad, which support the production of its diversified specialty chemical portfolio.

Company Financial Report

_{Amount ₹ in Crores}

Period Ended	Revenue	Expense	PAT	Assets
2024	₹887.56	₹848.28	₹18.13	₹626.36
2025	₹1015.54	₹956.25	₹43.57	₹723.09
2026	₹1237.85	₹1125.95	₹83.12	₹839.28

Company Promoter

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

Usha Rajnikant Shah

Know before investing

• • Strengths

  Diversified Specialty Chemical Portfolio: The Company offers a wide range of 150+ specialty chemical products catering to various industries such as pharmaceuticals, agrochemicals, paints, construction, adhesives, lubricants and personal care.

  Strong Global Presence & Customer Base: The Company serves more than 1,100 customers across domestic and international markets and exports its products to multiple countries, supporting a diversified revenue base.

  Integrated Manufacturing & R&D Capabilities: The Company operates integrated manufacturing facilities with in-house research and development capabilities, supporting product development, customised solutions and expansion of its specialty chemical portfolio.

  Established Industry Experience: With over three decades of experience in the specialty chemicals industry, the Company has developed expertise in complex chemistries and built relationships with customers across diverse end-use industries.

• • Risks

  Dependence on Key Customers: A significant portion of the Company’s revenue is generated from its key customers. The loss of major customers or a reduction in their orders could adversely affect its business and financial performance. Raw Material Price & Supply Risk: The Company is exposed to fluctuations in the prices and availability of key raw materials. Any increase in input costs or disruption in supply may adversely affect its margins and profitability. Manufacturing & Operational Risk: The Company depends on its manufacturing facilities for production. Equipment failures, unplanned shutdowns or other operational disruptions could negatively impact production and financial performance. Export & International Market Risk: The Company exports its products to various international markets and is exposed to risks related to changes in regulations, trade policies, market conditions and other factors affecting overseas operations. Customer Demand Risk: Demand for the Company’s products is influenced by the performance of its customer industries. Any slowdown in end-user demand could adversely affect sales, revenues and financial performance.

Objects of the Issue & Utilisation of proceeds

Repayment and/or prepayment, in full or in part, of certain borrowings availed by the Company.

Company  Address

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
Phone: +91 22 6195 2500
Email: investorservices@prasolchem.com
Website: http://www.prasolchem.com/

IPO Registrar

Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: prasol.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/