The allotment status for the ₹500.00 crore Prasol Chemicals IPO is likely to be announced today, September 11, 2026. Investors can check their IPO allotment status on the official websites of the NSE, BSE, and the IPO registrar, KFin Technologies Limited.
Following the completion of the allotment process, the shares are tentatively to be listed on the NSE and BSE on September 16, 2026.
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[September 10, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
7.22x |
|
Non-Institutional Investors (NIIs) |
1.80x |
|
Retail Individual Investors (RIIs) |
1.70x |
|
Total |
3.30x |
The company intends to utilise the net proceeds from the fresh issue towards:
Incorporated in 1992, Prasol Chemicals Limited is a forward-integrated specialty chemicals manufacturer with more than 33 years of industry experience. The company manufactures a diverse portfolio of acetone-based, phosphorus-based, and other specialty chemicals used across industries including performance chemicals, paints and coatings, pharmaceuticals, agrochemicals, and home and personal care.
As of July 15, 2026, Prasol Chemicals served over 1,600 customers across 69 countries with a portfolio of more than 150 products. As of June 30, 2026, its offerings comprised 21 acetone-based, 53 phosphorus-based, and 76 other specialty chemicals, including customised surfactants, additives, ethers, esters, polymers, and acids.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
1,232.59 |
1,012.49 |
876.57 |
|
EBITDA |
139.32 |
87.77 |
60.53 |
|
Profit After Tax (PAT) |
83.12 |
43.57 |
18.13 |
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