Registered Office:
Plot No A-17/2/3,TTC Indl Area Khairne MIDC,
Navi Mumbai -
400710,
Maharashtra, India.
Phone : +91 22 6195 2500 Fax:
Email : investorservices@prasolchem.com
Website : www.prasolchem.com
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| Initial public offering of up to 7,396,449 equity shares of face value of (Rs) 2 each (Equity Shares) of the company for cash at a price of (Rs) 676 per equity share (including a share premium of (Rs) 674 per equity share) (offer price) aggregating up to (Rs) 500.00 crores (the offer) comprising a fresh issue of up to 1,183,431 equity shares aggregating up to (Rs) 80.00 Crores by the company (fresh issue) and an offer for sale of up to 6,213,018 equity shares aggregating up to (Rs) 420.00 Crores by the selling shareholders (offer for sale) comprising up to 1,775,147 equity shares aggregating up to (Rs) 120 by Usha Rajnikant Shah (held jointly with Nishith Rajnikant Shah and Shah Sandhya Nishith), up to 762,130 equity shares aggregating up to (Rs) 51.52 Crores by Tushar Natverlal Dharia (HUF), up to 274,260 equity shares aggregating up to (Rs) 18.54 Crores by Gaurang Natwarlal Parikh HUF, up to 577,36 equity shares aggregating up to (Rs) 39.03 Crores by Bhisham Kumar Gupta (held jointly with Raksha Bhisham Gupta), up to 473,372 equity shares aggregating up to (Rs) 32 Crores by Nishith Rasiklal Dharia (held jointly with Sonal Nishith Dharia), up to 520,710 equity shares aggregating up to (Rs) 35.2 Crores by Sonal Nishith Dharia (held jointly with Nishith Rasiklal Dharia), up to 473,372 equity shares aggregating up to (Rs) 32 Crores by Sachin Jatin Parikh (held jointly with Shruti Sachin Parikh), up to 113,165 equity shares aggregating up to (Rs) 7.65 Crores by Namita Tushar Parikh, up to 116,863 equity shares aggregating up to
(Rs) 7.9 Crores by Shruti Sachin Parikh (held jointly with Sachin Jatin Parikh), up to 133,136 equity shares aggregating up to (Rs) 9 Crores Dipak Amarshi (held jointly with Ushma Amarshi), up to 95,857 equity shares aggregating up to (Rs) 6.48 Crores by Heta T Parikh, up to 523,076 equity shares aggregating up to (Rs) 35.36 crores by Gaurang Natwarlal Parikh (held jointly with Tanvi Gaurang Parikh), up to 71,005 equity shares aggregating up to (Rs) 4.8 Crores by Kinjal Pankil Dharia (held jointly with Pankil Nishith Dharia), up to 88,757 equity shares aggregating up to (Rs) 6 Crores by Suketu Navichandra Parikh (held jointly with lina Suketu Parikh), up to 81,360 equity shares aggregating up to (Rs) 5.5 Crores by Pushpa Navinchandra Parikh (held jointly with Suketu Navinchandra Parikh), up to 51,775 equity shares aggregating up to (Rs) 3.5 Crores Sundeep Navinchandra Parikh (held jointly with Sheetal Sandeep Parikh), up to 7,544 equity shares aggregating up to (Rs) 0.51 Crores by Lina Suketu Parikh (held jointly with Suketu Navichandra Parikh), up to 7,396 equity shares aggregating up to (Rs) 0.5 Crores by Sheetal Sandeep Parikh (held jointly with Sundeep Navinchandra Parikh), up to 59,171 equity shares aggregating up to (Rs) 4.00 Crores by Jignasha Jay Kantawala (held jointly with Jay Shailesh Kantawala), up to 7,692 equity shares aggregating up to (Rs) 0.52 crores by Tushar Natverlal Dharia (held jointly with AMI Tushar Dharia) (collectively, selling shareholders and each such equity shares, the offered shares). The offer shall constitute [*]% of the post-offer paid-up equity share capital of the company.
Price Band: (Rs) 643 to (Rs) 676 per equity share of face value of (Rs) 2 each.
The floor price and the cap price are 321.50 times and 338 times the face value of the equity shares, respectively.
Bids can be made for a minimum of 22 equity shares of face value of (Rs) 2 each and in multiples of 22 equity shares of face value of (Rs) 2 each thereafter. |
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| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 08-Sep-26 |
10-Sep-26 |
643.00-676.00 |
0.00-0.00 |
|
|
Minimum Application for shares in Nos :
22
Further Multiples of :
22
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|
| |
(Rs.Cr) |
Lead Managers to the Issue |
| Project Cost |
0.00 |
DAM Capital Advisors Limited
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| Project Financed through Current Offer |
500.00 |
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| Post Issue Equity Share Capital |
11.84 |
|
| Issue Price |
643.00 |
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