Prasol Chemicals Limited

Established in 1992, Prasol Chemicals Limited is an Indian specialty chemical manufacturer. The company develops and manufactures a broad spectrum of chemical products, specializing in phosphorus derivatives and acetone derivatives. Its expansive portfolio features acetone-based chemical formulations, phosphorus-based compounds, and various other specialty items including esters, organic acids, and surfactant products. The firm operates two dedicated production facilities located in Khopoli and Mahad within Maharashtra, spanning over 197,000 square meters in total area. These manufacturing sites deliver a combined annual production capacity of approximately 87,914 metric tonnes. Recognized as a 3 Star Export House by the Government of India, Prasol Chemicals maintains an international commercial footprint, exporting products to over 1,100 clients across 69 nations. Prasol Chemicals supplies critical chemical inputs and additives to a broad spectrum of industrial downstream sectors. Its products serve applications in performance chemicals for lubricants and mining, paints and coatings, construction, adhesives, personal care formulations, agrochemicals, and active pharmaceutical manufacturing. Major domestic and global clients include prominent industrial entities such as Alembic Pharmaceuticals, Rossari Biotech, Clean Science and Technology, Gharda Chemicals, and Lubrizol India.

Before opening for public bidding, Prasol Chemicals secured 150 crore rupees from anchor investors by allocating 2,218,930 equity shares at the upper price band of 676 rupees per share. Prominent institutional participants in the anchor placement included Aditya Birla Sun Life Insurance Company Limited and Tata AIA Life Insurance Company Limited.