Prasol Chemicals IPO: ₹500 Cr Issue | Management On Growth & Outlook

Prasol Chemicals IPO: ₹500 Cr Issue | Management On Growth & Outlook

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Sakshi Batra
  • Updated Sep 7, 2026 5:05 PM IST

Join Sakshi Batra on Business Today TV’s "What's Hot" as we navigate the latest D-Street action. While the secondary market shows weakness with the Nifty hovering near 23,800, the primary market is buzzing. We break down the disappointing discounted listing of Purple Style Labs (Pernia's Pop-Up Shop), which debuted at ₹535 despite heavy celebrity backing. Next, we dive deep into the upcoming Prasol Chemicals IPO. Chairman Nishith Rajnikant Shah and CFO Rahul Ashit Shroff join us to discuss their ₹500 crore offering, 33-year legacy, and specialty chemicals business model. Learn how the company plans to utilize IPO proceeds for debt reduction, expand acetone and phosphorus value chains, and maintain a robust ROCE while navigating supply chain volatility across 69 global markets.

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