GENERAL3 Sept 2026
Prasol Chemicals IPO: Price band set at ₹643- ₹676 per share; check key dates, issue details
Prasol Chemicals has set its IPO price band at ₹643-₹676 per share. The issue opens on 8 September and closes on 10 September. The company will raise ₹80 crore via fresh shares, while promoters sell ₹420 crore worth. They'll repay ₹60 crore of debt. Listing is expected on 16 September. Investors can apply in lots of 22 shares. Check the offer details before investing.
Key Statutory Highlights
- The price band is fixed at ₹643 to ₹676 per share, with subscription open from 8 September to 10 September.
- The company will raise ₹80 crore from a fresh issue and promoters will sell shares worth ₹420 crore through an offer for sale.
- From the fresh issue, ₹60 crore will repay debt, and listing on BSE and NSE is expected on 16 September.
Actionable Advice for Taxpayers / Founders:If you are considering this IPO, read the offer document carefully and compare the company's financials with its stated competitors before applying when the issue opens on 8 September.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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