Prasol Chemicals
Acetone-derivatives + pharma intermediates. Best ROE in this batch, priced below Aarti/SRF — deep-research favourite.
“Prasol Chemicals: fundamentals beat hype — an investor's IPO, be calm on listing.”
- ▸Anchors took 24.2% — confident
- ▸248% revenue CAGR — real growth
- ▸Cash-backed profits — quality earnings
- ▸2 forensic red flags in DRHP footnotes
- ⚠ China dumping in key intermediates
- ⚠ Crude-linked RM volatility
Educational only. Not investment advice. GMP is unofficial chatter, never a promise.
Demand — who is actually bidding?
Live from NSE's official bid feed. QIB is smart money — if QIB sleeps past Day 2, listing pop usually dies.
Unofficial chatter, tracked daily — direction signal, never a promise.
Issue structure — where does money go?
- ▸Dahej expansion (₹280 Cr)
- ▸R&D centre
- Promoter 84% → 67% after IPO
Deep financials — does profit become cash?
| FY | REVENUE | PAT | MARGIN | ROE | ROCE | D/E | CFO |
|---|---|---|---|---|---|---|---|
| FY24 | ₹101.554 Cr | ₹4.357 Cr | 4.3% | 18.2% | 20.1% | 0.37x | ₹70 Cr |
| FY25 | ₹1012.49 Cr | ₹43.57 Cr | 4.3% | 19.4% | 21.6% | 0.4x | ₹92 Cr |
| FY26 | ₹1232.59 Cr | ₹97.36 Cr | 7.9% | 20.8% | 22.9% | 0.3x | ₹118 Cr |
Valuation vs listed peers
| COMPANY | P/E | P/B | ROE |
|---|---|---|---|
| Prasol Chemicals (IPO) | — | — | 7.9% margin |
| Prasol | 27 | 4.4 | 20.8% |
| Aarti Ind | 34 | 4.9 | 14.6% |
| SRF | 31 | 5.2 | 18% |
Read it as: peers show what the market already pays for this business model. Full P/E math lands with the RHP parse (needs outstanding share count).
Risk dossier
- 01China dumping in key intermediates
- 02Crude-linked RM volatility
Street tape
Documents & filings
Primary sources — the same PDFs our dossier numbers come from.
Questions investors ask about Prasol Chemicals
Should I apply for the Prasol Chemicals IPO for listing gains?
Only if Day-2 QIB crosses 5x — otherwise the listing setup is weak.
Is Prasol Chemicals good for the long term?
Not yet — wait for cheaper re-entry or cleaner quarters.
What is the Prasol Chemicals IPO price band and lot size?
₹643–₹676, lot of 44 shares (min ₹29,744). Open 8 Sept 2026 to 10 Sept 2026.
How do I check Prasol Chemicals IPO allotment status?
On the MUFG Intime portal: select Prasol Chemicals, enter PAN, application number, or DP/Client ID, solve the captcha. Results go live 6–10 PM on allotment evening (issue closed 10 Sept 2026). BSE's application-status page works as fallback.
When is the Prasol Chemicals listing date?
Tentatively 15 Sept 2026 (T+3 after close).
Who should apply?
- • Listing trader → no, setup is weak
- • Long-term holder → wait for cheaper re-entry
- • First-time investor → learn by watching, not betting
Listing-day playbook
- • Opens +40%↑ → book half, keep rest at cost stop
- • Opens flat ±5% → hold only if long-term score ≥7
- • Opens discount → never average down Day 1