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Neutral impactCorporate Action

Prasol Chemicals fixes price band for Rs 500-cr IPO; issue to open on Sep 8

Economic Times 55 min ago·3 Sept 2026, 7:12 am

Prasol Chemicals will launch its Rs 500-crore Initial Public Offering on September 8. The company has fixed the price band at Rs 643-676 per equity share. This public offering will close on September 10 after anchor investor bidding. The IPO includes a fresh issue of Rs 80 crore and an OFS of Rs 420 crore. Proceeds will fund debt payment, working capital, and general corporate needs.