IPO

IPO Synopsis

Prasol Chemicals Ltd
Registered Office: Plot No A-17/2/3,TTC Indl Area Khairne MIDC , Navi Mumbai - 400710 , Maharashtra , India.
Phone : +91 22 6195 2500   Fax:
Email :  investorservices@prasolchem.com  
Website :  www.prasolchem.com
Initial public offering of up to [*] equity shares of face value of Rs2/- each (equity shares) of the company for cash at a price of Rs[*] per equity share (including a share premium of Rs[*] per equity share) (offer price) aggregating up to Rs500.00 crores (the offer) comprising a fresh issue of up to [*] equity shares aggregating up to Rs80.00 crores by the company (fresh issue) and an offer for sale of up to [*] equity shares aggregating up to Rs420.00 crores by the selling shareholders (offer for sale) comprising up to [*] equity shares aggregating up to [*] equity shares aggregating up to Rs113.31 crores by Usha Rajnikant Shah (held jointly with Nishith Rajnikant Shah and Shah Sandhya Nishith), up to [*] equity shares aggregating up to Rs51.52 crores by Tushar Natverlal Dharia (HUF), up to [*] equity shares aggregating up to Rs46.95 crores by Gaurang Natwarlal Parikh HUF, up to [*] equity shares aggregating up to Rs39.03 crores by Bhisham Kumar Gupta (held jointly with Raksha Bhisham Gupta), up to [*] equity shares aggregating up to Rs36.69 crores by Nishith Rasiklal Dharia (held jointly with Sonal Nishith Dharia), up to [*] equity shares aggregating up to Rs22.25 crores by Sonal Nishith Dharia (held jointly with Nishith Rasiklal Dharia), up to [*] equity shares aggregating up to Rs18.50 crores by Suhagi Dhaval Parikh (held jointly with Dhaval Nalin Parikh), up to [*] equity shares aggregating up to Rs12.00 crores by Chamak Jatin Parikh (held jointly with Jatin Narendra Parikh), up to [*] equity shares aggregating up to Rs12.00 crores by Jatin Narendra Parikh (held jointly with Chamak Jatin Parikh), up to [*] equity shares aggregating up to Rs10.00 crores by Sachin Jatin Parikh (held jointly with Shruti Sachin Parikh), up to [*] equity shares aggregating up to Rs7.65 crores by Namita Tushar Parikh, up to [*] equity shares aggregating up to Rs6.91 crores by Shruti Sachin Parikh (held jointly with Sachin Jatin Parikh), up to [*] equity shares aggregating up to Rs6.50 crores by Dipak Amarshi (held jointly with Ushma Amarshi), up to [*] equity shares aggregating up to Rs6.48 crores by Heta T Parikh, up to [*] equity shares aggregating up to Rs5.22 crores by Gaurang Natwarlal Parikh (held jointly with Tanvi Gaurang Parikh), up to [*] equity shares aggregating up to Rs5.00 crores by Kinjal Pankil Dharia (held jointly with Pankil Nishith Dharia), up to [*] equity shares aggregating up to Rs3.25 crores by Suketu Navichandra Parikh (held jointly with lina Suketu Parikh), up to [*] equity shares aggregating up to Rs3.25 crores by Pushpa Navinchandra Parikh (held jointly with Suketu Navinchandra Parikh), up to [*] equity shares aggregating up to Rs3.25 crores by Sundeep Navinchandra Parikh (held jointly with Sheetal Sandeep Parikh), up to [*] equity shares aggregating up to Rs3.25 crores by Lina Suketu Parikh (held jointly with Suketu Navichandra Parikh), up to [*] equity shares aggregating up to Rs3.25 crores by Sheetal Sandeep Parikh (held jointly with Sundeep Navinchandra Parikh), up to [*] equity shares aggregating up to Rs3.00 crores by Jignasha Jay Kantawala (held jointly with Jay Shailesh Kantawala), up to [*] equity shares aggregating up to Rs0.52 crores by Tushar Natverlal Dharia (held jointly with AMI Tushar Dharia), and up to [*] equity shares aggregating up to Rs0.50 crores by Mihir Bharat Kapadia, (collectively, selling shareholders and each such equity shares, the offered shares). The offer shall constitute [*]% of the post-offer paid-up equity share capital of the company. The face value of the equity share is Rs2/- each and the offer price is [*] times the face value of the equity shares. The price band, and the minimum bid lot will be decided by the company.
Issue Money Payable On
Opens On Closes On Application Allotment
08-Sep-26 10-Sep-26 Rs 0.00-0.00 Rs 643.00-676.00
Minimum Application for shares in Nos :22  Further Multiples of :22
  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
DAM Capital Advisors Limited
Project Financed through Current Offer 500.00
Post Issue Equity Share Capital 11.84
Issue Price Rs 643.00
Projects
Repayment or pre-payment, in full or in part, of certain of the outstanding borrowings availed by the Company General corporate purposes
Promoted By Listing At Registrar to the Issue
  Nishith Rajnikant Shah
  Gaurang Natwarlal Parikh
  Dhaval Nalin Parikh
 BSE
 NSE
 KFin Techologies Ltd
Thursday, September 03, 2026 12:00:00 AM
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