Prasol Chemicals

Prasol Chemicals' product portfolio spans 21 acetone-based chemicals, 53 phosphorous-based chemicals, and 76 other specialty chemicals such as surfactants, esters, and acids, serving five major end-industries: Performance chemicals (lubricant and mining additives), paint, inks, construction, and adhesives (PICA), pharmaceuticals, agrochemicals, and home and personal care.

The company operates two manufacturing facilities — in Khopoli (1,20,604 sq. m.) and Mahad (1,19,423 sq. m.) — with a combined installed capacity of 98,644 MT per year. As of July 31, 2026, it served 1,600 customers across 69 countries, including Alembic Pharmaceuticals, Lubrizol India, Rossari Biotech, Clean Science, Gharda Chemicals, Croda India, Supriya Lifescience, and Yasho Industries. It holds a 3 Star Export House certification from the Indian government and maintains a distribution network across APAC, North and South America, and Europe.

Cited competitive strengths include a highly diversified product portfolio across multiple application industries, established R&D capabilities with a strong product pipeline, long-standing customer relationships and global reach, an experienced leadership team, and a track record of robust financial performance.

The ₹500 Cr book-built IPO combines a fresh issue of ₹80 Cr (11.83 lakh shares) with an offer for sale of ₹420 Cr (62.13 lakh shares) from the promoter group. The price band is ₹643–₹676 per share, with a lot size of 22 shares. Net proceeds from the fresh issue are earmarked mainly for repayment/pre-payment of borrowings (₹60 Cr disclosed), with the balance toward general corporate purposes — though note a discrepancy in the source's own objects table (see Issue Details).

At the upper price band, the post-issue market cap works out to ₹4,000.80 Cr. FY26 EPS (pre-issue) stood at ₹14.33 and NAV at ₹77.33, but the source does not disclose Post-IPO EPS or PE multiples (Pre or Post), so a full valuation read isn't possible from the given data alone. RoNW for FY26 was 18.53%. Revenue grew 22% and PAT grew 91% year-on-year between FY25 and FY26 — though FY26 figures are reported on a standalone basis versus a consolidated basis for prior years, so this growth isn't strictly apples-to-apples. Promoter shareholding will fall from 89.2% pre-issue to 77.51% post-issue due to the OFS component.