Prasol Chemicals IPO
Prasol Chemicals IPO is a mainboard IPO raising ₹500 Cr at ₹643 – ₹676 a share. It listed on 16 Sept 2026 at ₹610, −9.8% against its issue price of ₹676, and trades at ₹739 today (+9.4% since issue). It was subscribed 3.30× in total.
3.3 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 15,55,209 | 1,12,28,140 | 7.22× |
| Foreign Institutional Investors | no separate quota | 8,47,726 | n/a |
| Domestic Financial Institutions | no separate quota | 46,01,278 | n/a |
| Mutual funds | no separate quota | 52,53,094 | n/a |
| Others | no separate quota | 5,26,042 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 11,66,406 | 20,95,302 | 1.80× |
| Non Institutional Investors | 7,77,604 | 9,01,560 | 1.16× |
| Corporates | no separate quota | 46,420 | n/a |
| Individuals | no separate quota | 8,17,674 | n/a |
| Others | no separate quota | 37,466 | n/a |
| Non Institutional Investors | 3,88,802 | 11,93,742 | 3.07× |
| Corporates | no separate quota | 9,548 | n/a |
| Individuals | no separate quota | 11,42,834 | n/a |
| Others | no separate quota | 41,360 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 27,21,614 | 46,39,206 | 1.70× |
| Cut Off | no separate quota | 41,09,292 | n/a |
| Price bids | no separate quota | 5,29,914 | n/a |
| Total | 54,43,229 | 1,79,62,648 | 3.30× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 10 Sept, 11:08 pm IST.
Where the bids landed
Demand falls about 54% from the bottom of the band to the top. 23% of the book was bid at cut-off — investors who accept whatever price is set.
Cumulative shares bid for at each price, across both exchanges. “Cut-off” means the investor accepts whatever final price is set — mostly small retail applications. A band where demand barely changes between the low and high price tells you bidders were not price-sensitive.
How demand built
Our own series — the exchanges publish a running total and never a history.26 readings held.
Institutions typically enter the book on the final day, which is why a day-one subscription figure tells you very little.