The Prasol Chemicals Ltd Date Will Be Updated Soon. Read the post to learn about Prasol Chemicals Ltd IPO GMP.
One significant company in the Indian market is Parasol Chemicals Ltd., which is notable for being a significant producer of acetone and phosphorus compounds. The company services several industries, such as medicines, home personal care products, agricultural chemicals, and pharmaceutical items.
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Key Details Of Prasol Chemicals Ltd IPO GMP:
Bidding Dates
Coming Soon
Price Range
₹0 per share
Face Value
₹0 per share
GMP
₹0
Prasol Chemicals Ltd IPO GMP
The Parasol Chemicals Ltd IPO GMP is ₹[].
Prasol Chemicals Ltd IPO Overview
Prasol Chemicals is one of the leading manufacturers of acetone and phosphorus face blends in India. They stand tall as premier creators of acetone and phosphorus face blends in India. Their reach extends across four key sectors: pharmaceuticals, agricultural chemicals, home and personal care products, and, yes, pharmaceuticals. What’s truly impressive is their distinction as a two-star export entity officially recognized by the esteemed Government of India. Through an extensive global distribution network, it has a remarkable presence in 45 countries across Asia, North America, and the European Union.
The IPO consists of an offer-for-sale (OFS) by current shareholders of up to 90 lakh equity shares and a new issue of equity shares totalling up to Rs 250 crore.
Prasol Chemicals Ltd IPO Financials
| (₹ in millions, except for percentages) | FY21 | FY20 | FY19 |
| Add: Profit before tax | 420.63 | 115.94 | 128.02 |
| Add: Depreciation and amortization expense | 810.53 | 788.37 | 812.62 |
| Finance costs | 202.90 | 261.83 | 227.93 |
| EBITDA | 1,434.06 | 1,166.14 | 1,168.57 |
| Less: Other income | 53.88 | 56.09 | 143.29 |
| Adjusted EBITDA (A) | 1,380.18 | 1,110.05 | 1,025.28 |
| Revenue from operations (B) | 5,100.68 | 4,509.05 | 4,139.86 |
| Adjusted EBITDA Margin (A/B) | 27.06% | 24.62% | 24.77% |
Company Profile
Prasol Chemicals Limited’s global network includes nations in Asia, North America, and the European Union. The company is a two-star export house recognised by the Government of India. The brand benefits from long-term relationships with customers such as PI Industries Limited, Bayer CropScience Limited, Solvay Specialities India Private Limited, Proctor & Gamble, Dr Reddy’s Laboratories Limited, Alembic Pharmaceuticals Limited, Coromandel International Limited, Arkema, Lubrizol India Private Limited, UPL Limited, Olon Active Pharmaceutical Ingredients India Private Limited, and MSN Laboratories Private Limited.
The company produces over 75 speciality products in addition to the over 35 goods in its pipeline. EBITDA for the company dropped by -34.89% from the prior year. Its book net worth has grown by 17.97% concurrently. It provides dust suppression systems, organic chemicals, catalysts, speciality chemicals, and candle filters.
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- We need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Prasol Chemicals Ltd FAQs
Where is the manufacturing unit of Prasol Chemicals Limited IPO located?
Prasol Chemicals Limited has two manufacturing units in Khopoli and Mahad, Maharashtra.
Who are the Book-Running Lead Managers for Prasol Chemicals Limited IPO?
DAM Capital Advisors Limited and JM Financial Limited are the Book-Running Lead Managers of Prasol Chemicals Limited IPO.
Who is the registrar for Prasol Chemicals Limited IPO?
KFin Technologies Limited is the registrar of Prasol Chemical Limited IPO.
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