IPO Synopsis

Prasol Chemicals Ltd
Registered Office: Plot No A-17/2/3,TTC Indl Area Khairne MIDC,Navi Mumbai-400710, Maharashtra
Tel. No: 91-022-27782555
Fax No: 91-022-27782430
Email: accounts@prasolcehm.com
Website: NA
Initial public offering of up to [*] equity shares of face value of Rs. 2/- each (equity shares) of the company for cash at a price of Rs. [*] per equity share (including a share premium of Rs[*] per equity share) (offer price) aggregating up to Rs. 500.00 crores (the offer) comprising a fresh issue of up to [*] equity shares aggregating up to Rs. 80.00 crores by the company (fresh issue) and an offer for sale of up to [*] equity shares aggregating up to Rs. 420.00 crores by the selling shareholders (offer for sale) comprising up to [*] equity shares aggregating up to [*] equity shares aggregating up to Rs. 113.31 crores by Usha Rajnikant Shah (held jointly with Nishith Rajnikant Shah and Shah Sandhya Nishith), up to [*] equity shares aggregating up to Rs. 51.52 crores by Tushar Natverlal Dharia (HUF), up to [*] equity shares aggregating up to Rs. 46.95 crores by Gaurang Natwarlal Parikh HUF, up to [*] equity shares aggregating up to Rs. 39.03 crores by Bhisham Kumar Gupta (held jointly with Raksha Bhisham Gupta), up to [*] equity shares aggregating up to Rs. 36.69 crores by Nishith Rasiklal Dharia (held jointly with Sonal Nishith Dharia), up to [*] equity shares aggregating up to Rs. 22.25 crores by Sonal Nishith Dharia (held jointly with Nishith Rasiklal Dharia), up to [*] equity shares aggregating up to Rs. 18.50 crores by Suhagi Dhaval Parikh (held jointly with Dhaval Nalin Parikh), up to [*] equity shares aggregating up to Rs. 12.00 crores by Chamak Jatin Parikh (held jointly with Jatin Narendra Parikh), up to [*] equity shares aggregating up to Rs. 12.00 crores by Jatin Narendra Parikh (held jointly with Chamak Jatin Parikh), up to [*] equity shares aggregating up to Rs. 10.00 crores by Sachin Jatin Parikh (held jointly with Shruti Sachin Parikh), up to [*] equity shares aggregating up to Rs. 7.65 crores by Namita Tushar Parikh, up to [*] equity shares aggregating up to Rs. 6.91 crores by Shruti Sachin Parikh (held jointly with Sachin Jatin Parikh), up to [*] equity shares aggregating up to Rs. 6.50 crores by Dipak Amarshi (held jointly with Ushma Amarshi), up to [*] equity shares aggregating up to Rs. 6.48 crores by Heta T Parikh, up to [*] equity shares aggregating up to Rs. 5.22 crores by Gaurang Natwarlal Parikh (held jointly with Tanvi Gaurang Parikh), up to [*] equity shares aggregating up to Rs. 5.00 crores by Kinjal Pankil Dharia (held jointly with Pankil Nishith Dharia), up to [*] equity shares aggregating up to Rs. 3.25 crores by Suketu Navichandra Parikh (held jointly with lina Suketu Parikh), up to [*] equity shares aggregating up to Rs. 3.25 crores by Pushpa Navinchandra Parikh (held jointly with Suketu Navinchandra Parikh), up to [*] equity shares aggregating up to Rs. 3.25 crores by Sundeep Navinchandra Parikh (held jointly with Sheetal Sandeep Parikh), up to [*] equity shares aggregating up to Rs. 3.25 crores by Lina Suketu Parikh (held jointly with Suketu Navichandra Parikh), up to [*] equity shares aggregating up to Rs. 3.25 crores by Sheetal Sandeep Parikh (held jointly with Sundeep Navinchandra Parikh), up to [*] equity shares aggregating up to Rs. 3.00 crores by Jignasha Jay Kantawala (held jointly with Jay Shailesh Kantawala), up to [*] equity shares aggregating up to Rs. 0.52 crores by Tushar Natverlal Dharia (held jointly with AMI Tushar Dharia), and up to [*] equity shares aggregating up to Rs. 0.50 crores by Mihir Bharat Kapadia, (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. The face value of the equity share is Rs. 2/- each and the offer price is [*] times the face value of the equity shares. The price band, and the minimum bid lot will be decided by the company.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Jan-1970 01-Jan-1970 ₹0.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 0 Further Multiples of : 0
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 DAM Capital Advisors Limited
Project Financed through Current Offer 500.00
Post Issue Equity Share Capital 0.00
Issue Price 0.00
Projects
Repayment or pre-payment, in full or in part, of certain of the outstanding borrowings availed by its Company
General corporate purposes
Promoted By
Nishith Rajnikant Shah
Gaurang Natwarlal Parikh
Dhaval Nalin Parikh
Listing At
BSE
NSE
Registrar To The Issue