Prasol Chemicals IPO Subscription
ListedUpdated 16 September 2026, 9:15 AM IST· Mainboard
Prasol Chemicals IPO subscription closed on 10 September 2026 at 3.47x overall by shares. QIB demand came in at 7.59x, NII at 1.89x, and retail at 1.79x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 11 September 2026. Listing date on NSE and BSE is 16 September 2026.
Prasol Chemicals IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 8 Sept 2026 | 0.00x | 0.33x | 0.74x | 0.44x |
| Day 2 - 9 Sept 2026 | 0.06x | 0.69x | 1.19x | 0.76x |
| Day 3 - 10 Sept 2026 | 7.59x | 1.89x | 1.79x | 3.47x |
Prasol Chemicals IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Prasol Chemicals IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 1.51x | 1 in 2 |
| SHNI (Rs 2L to Rs 10L) | 3.07x | 1 in 3 |
| BHNI (above Rs 10L) | 0.22x | Very high |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Prasol Chemicals IPO Allotment Status page from 11 September 2026 for your result.
Prasol Chemicals IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 676.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 100.00 Cr | Rs 759.02 Cr | 7.59x |
| FII | - | Rs 57.31 Cr | - |
| DFI | - | Rs 311.05 Cr | - |
| Mutual Funds | - | Rs 355.11 Cr | - |
| Other | - | Rs 35.56 Cr | - |
| NII | Rs 75.00 Cr | Rs 141.64 Cr | 1.89x |
| bNII (above Rs 10L) | Rs 50.00 Cr | Rs 60.95 Cr | 1.22x |
| Corporate | - | Rs 3.14 Cr | - |
| Individual | - | Rs 55.27 Cr | - |
| Other | - | Rs 2.53 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 25.00 Cr | Rs 80.70 Cr | 3.23x |
| Corporate | - | Rs 64.54 L | - |
| Individual | - | Rs 77.26 Cr | - |
| Other | - | Rs 2.80 Cr | - |
| Retail | Rs 175.00 Cr | Rs 313.61 Cr | 1.79x |
| Cut-off price | - | Rs 277.79 Cr | - |
| Fixed price | - | Rs 35.82 Cr | - |
| Total | Rs 350.00 Cr | Rs 1,214.28 Cr | 3.47x |
Prasol Chemicals IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 14,79,289 | 31 | 0.00x |
| FII | - | 3 | - |
| DFI | - | 8 | - |
| Mutual Funds | - | - | - |
| Other | - | 20 | - |
| NII | 3,602 | 4,214 | 1.17x |
| bNII (above Rs 10L) | 2,401 | 525 | 0.22x |
| Corporate | - | 31 | - |
| Individual | - | 477 | - |
| Other | - | 17 | - |
| sNII (Rs 2L to Rs 10L) | 1,201 | 3,689 | 3.07x |
| Corporate | - | 31 | - |
| Individual | - | 3,527 | - |
| Other | - | 131 | - |
| Retail | 1,17,671 | 1,77,320 | 1.51x |
| Cut-off price | - | 1,57,133 | - |
| Fixed price | - | 20,187 | - |
| Total | 16,00,562 | 1,81,565 | 0.11x |
What Do These Subscription Numbers Mean?
3.47x overall by shares means bids covered about 3 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 7.59x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (1.17x by applications). Split: SHNI 3.07x, BHNI 0.22x by applications. SHNI and BHNI allotment is by lottery.
At 1.51x subscription by applications, about 1 in 2 retail applicants may get allotment (~66% chance per application). Retail allotment is also by lottery.
Prasol Chemicals IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 8 September 2026 |
| IPO Close Date | 10 September 2026 |
| Allotment Date | 11 September 2026 |
| Refund Initiation | 12 September 2026 |
| Share Credit to Demat | 12 September 2026 |
| Listing Date | 16 September 2026 |
| Minimum Investment | Rs 14,872.00 |
| Lot Size | 22 shares |
About Prasol Chemicals IPO
Incorporated in 1992, Prasol Chemicals Limited is a leading forward-integrated manufacturer of specialty chemicals in India, specializing in acetone-based, phosphorous-based, and complex specialty chemistries. The company's portfolio comprises over 150 products, including 21 acetone-based chemicals, 53 phosphorous-based chemicals, and 76 other specialty chemicals such as surfactants, esters, and performance additives. These products cater to five major application industries: performance chemicals (lubricant and mining additives), paint, inks, construction, and adhesives (PICA), pharmaceuticals, agrochemicals, and home and personal care.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Prasol Chemicals IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Prasol Chemicals IPO Details
Issue size, price, financials, and company info
Prasol Chemicals IPO GMP
Live grey market premium and listing estimate
Prasol Chemicals IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Prasol Chemicals IPO Allotment
Allotment date, chances, and check by PAN
Prasol Chemicals IPO Review
SWOT, strengths, risks, and IPO review
Prasol Chemicals IPO FAQ
Common questions on dates, GMP, and allotment
Prasol Chemicals IPO Registrar
Registrar website and how to check allotment
Prasol Chemicals IPO Timeline
Open, close, allotment, and listing dates
Prasol Chemicals IPO News
Updates, blogs, and latest IPO news
Prasol Chemicals IPO Subscription FAQs
What is Prasol Chemicals IPO subscription status today?
Prasol Chemicals IPO subscription closed on 10 September 2026 with overall subscription of 3.47x (by shares) as of 18 October 2026, 5:17 PM IST. QIB 7.59x, NII 1.17x, Retail 1.51x.
What is the overall subscription of Prasol Chemicals IPO?
Prasol Chemicals IPO is subscribed 3.47x overall by shares at close on 10 September 2026. QIB 7.59x, NII 1.17x, and Retail 1.51x.
What is Prasol Chemicals IPO QIB subscription?
Prasol Chemicals IPO QIB (Qualified Institutional Buyers) subscription is 7.59x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Prasol Chemicals IPO Retail subscription?
Prasol Chemicals IPO Retail subscription is 1.51x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Prasol Chemicals IPO NII, SHNI, and BHNI subscription?
Prasol Chemicals IPO NII subscription is 1.17x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 3.07x and BHNI (above Rs 10L) at 0.22x.
What are Prasol Chemicals IPO retail allotment chances?
At 1.51x subscription by applications, about 1 in 2 retail applicants may get allotment (~66% chance per application). Allotment is by lottery.
What are Prasol Chemicals IPO SHNI allotment chances?
At 3.07x subscription by applications, about 1 in 3 SHNI applicants may get allotment (~33% chance per application). Allotment is by lottery.
What are Prasol Chemicals IPO BHNI allotment chances?
Prasol Chemicals IPO BHNI share subscription is 1.22x. Application data is needed for exact lottery chances.
When is Prasol Chemicals IPO allotment date?
Prasol Chemicals IPO allotment date is 11 September 2026. Check Prasol Chemicals IPO Allotment Status on IPOwiz from that day using your PAN.
When does Prasol Chemicals IPO subscription close?
Prasol Chemicals IPO subscription closed on 10 September 2026. No new applications are accepted after the close.
What is Prasol Chemicals IPO GMP today?
Prasol Chemicals IPO GMP is ₹-13 today (-1.92% over issue price ₹676). See live GMP on the Prasol Chemicals IPO GMP Today page.
What is Prasol Chemicals IPO issue price and lot size?
Prasol Chemicals IPO issue price is ₹676 per share. Lot size is 22 shares. Minimum investment is ₹14,872 per lot. Issue size: ₹500.00 Cr.
When is Prasol Chemicals IPO listing date?
Prasol Chemicals IPO listing date is 16 September 2026 on NSE and BSE. Allotment is on 11 September 2026.
How does subscription affect Prasol Chemicals IPO allotment?
In Prasol Chemicals IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 3.47x overall, competition is moderate.
For allotment results from 11 September 2026, visit the Prasol Chemicals IPO Allotment Status page. For listing day updates on 16 September 2026, download the IPOwiz App.
Sources
We match Prasol Chemicals IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.