1.Prasol Chemicals Ltd IPO.
Prasol Chemicals Ltd IPO is will be lauched soom.One of India’s top producers of acetone derivatives and phosphorus derivatives is Prasol Chemicals Limited. Pharmaceuticals, agrochemicals, home & personal care, and performance chemicals are some of the company’s end-users.Prasol Chemicals Limited is a Two Star Export House Company recognized by the Government of India, with a global network spanning nations in Asia, North America, and the European Union. The company has over 35 goods in its pipeline and over 75 speciality products under development.
Prasol Chemicals Ltd IPO intends to sell 9,000,000 equity shares to current investors through its initial public offering (IPO) and issue a new lot worth Rs.250 cr. According to market sources, the company expects to raise between 700 and 800 crores through the IPO. Click here to visit Prasol Chemical Ltd
THE IPO WILL BE LAUNCHED SOON.
2.Prasol Chemicals Ltd IPO Objectives.
– The money raised will be used to improve production and R&D capabilities.
– The fund will be used in part to meet the working capital needs for Fiscal 2023. This includes internal accruals, net proceeds, and working capital financing from banks.
3.Prasol Chemicals Ltd IPO key features.
–The money will be utilized to improve brand-building efforts and marketing and R&D skills.
–They have 3 key business verticles
• Acetone Based Special Chemical.
• Phosphorous Based Special Chemical.
• Other Special Chemical.
–There are lots of industries they serve, such as:
• Agro Chemicals
• Pharmaceuticals
•Home & Personal care, and many more.
4.Prasol Chemicals Ltd Mission and Vision.
Mission – By concentrating on our main strategic guiding pillars, to become a leading global brand in specialized chemicals.
Vision – The vision of our company is to provide business excellence to our clients by standing out in each of our key areas of focus: innovation, environmental sustainability, production, procurement, supply chain, and people.
5.Prasol Chemicals Ltd IPO PROS and CONS.
PROS
-The business has consistently delivered strong financial results.
– One of India’s top forward-integrated producers of acetone derivatives and phosphorous derivatives is Prasol Chemicals.
– As of December 31, 2021, the company had 140 products on the market and 32 more in development.
– Asia, North America, and the European Union are all present on a global scale.
CONS
-There are no long-term agreements between the company’s suppliers or customers, so the loss of one or more of them could have a detrimental effect on the business.
-Since the company relies on manufacturing facilities, any unanticipated closures or disruptions could have an impact on the company.
The success of the customer’s products with end users determines the demand for the firm. Any decrease in end-user demand may have a negative impact on the company.
6.Prasol Chemicals Ltd IPO Financials.
(Rupees in million) | FY19 | FY20 | FY21 |
Profit Before Tax | 128.02 | 115.94 | 420.63 |
Financial Cost | 227.93 | 261.83 | 202.90 |
EBITDA | 1,168.57 | 1,166.14 | 1,434.06 |
Revenue From Operations | 4,139.86 | 4,509.05 | 5,100.68 |
7.How to apply For Prasol Chemicals Ltd IPO.
Access your Demat Account and select IPO.
Choose the desired IPO and click “Apply”
Set the amount and price, enter the UPI ID, and then submit.
To finish the procedure, accept the mandate on the UPI app.
CLICK HERE TO OPEN A DEMAT ACCOUNT IN UPSTOX.
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