- Full Time Employees
- 621
- Sector
- Basic Materials
- Industry
- Chemicals - Specialty
- Address
- Prasol House Thane MH India 400710
- IPO Date
- Sep 11, 2026
- Business
- Prasol Chemicals Limited is a specialty chemicals manufacturer and exporter that produces and supplies acetone-based and phosphorus-based specialty chemicals, solvents, additives, and customized formulations for the pharmaceuticals, agrochemicals, home and personal care, performance chemicals, paints, inks, construction, adhesives, lubricant additives, mining, refinery, oilfield, plastics, rubber, water treatment, electroplating, leather, paper, textile, pigments, resins, electronics, defence, and fragrance industries. The company was incorporated in 1992 and is headquartered in Navi Mumbai, Maharashtra, India, with operations centered on its manufacturing and distribution network in India and exports to more than 50 countries, including Asia, the Americas, Africa, the European Union, and Australia.
The company’s product portfolio includes more than 150 specialty chemicals, with key offerings such as diacetone alcohol, isophorone, hexylene glycol, meta xylenol, phosphorous pentasulphide, polyphosphoric acid, phosphate esters, bisphenol S, and related derivatives. It serves more than 1,600 customers and operates large manufacturing sites at Khalapur and Mahad, supported by in-house research and development, warehousing, and global distribution capabilities.
Recent developments include the company’s filing of a draft red herring prospectus for an initial public offering in September 2026, with proceeds intended in part for debt repayment and balance-sheet strengthening. The company is also exploring brownfield expansion at its Khapoli and Mahad facilities, signaling a capacity-led growth strategy built around its existing acetone and phosphorus derivatives platform.