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The Economic Times

Business

Ritesh Presswala

Prasol Chemicals IPO opens for bidding. Check GMP and other key details

Prasol Chemicals GMP IPO Anand Rathi

The Prasol Chemicals IPO has opened for subscription today, September 8, 2026, giving investors a three-day window to bid until September 10. In the grey market, the IPO is commanding a modest 8% premium, hinting at limited listing gains for now.

The IPO is a Rs 500 crore book-built issue, comprising a fresh issue of 11.83 lakh shares worth Rs 80 crore and an offer for sale (OFS) of 62.13 lakh shares worth Rs 420 crore. The price band has been fixed at Rs 643-Rs 676 per share, with a lot size of 22 shares. At the upper price band, retail investors will need a minimum investment of Rs 14,872.

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