The initial public offering (IPO) of speciality chemicals manufacturer Prasol Chemicals Ltd is now open for subscription. The three-day bidding process for the public issue will close on September 10, 2026. Ahead of the IPO, the company mobilised nearly Rs 150 crore from anchor investors. According to a circular uploaded on the BSE, the company has allocated 22.19 lakh equity shares to anchor investors at Rs 676 per equity share.ย The public offer of Prasol Chemicals comprises a fresh issue of equity shares worth up to Rs 80 crore and an offer-for-sale (OFS) of shares worth up to Rs 420 crore by selling shareholders.
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