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Prasol Chemicals IPO Day 2: GMP, subscription status. Should you subscribe?
The Prasol Chemicals IPO entered Day 2 of bidding after garnering 41% subscription on the first day. Priced at Rs 643–676 per share, the Rs 500 crore issue carries a grey market premium of Rs 30, implying around 4% upside. Anand Rathi has assigned a “Subscribe for Long Term” rating to the issue.
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economictimes.indiatimes.com
Can Prasol Chemicals IPO deliver long-term growth for high-risk investors?
Prasol Chemicals plans an IPO to raise funds for debt repayment and expansion. The company's revenue and profits have shown significant growth in recent years. Its product…
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thehindubusinessline.com
Prasol Chemicals IPO opens tomorrow at ₹643-676 price band, brokerages recommend subscribing for long-term
