Prasol Chemicals shares list 10% below IPO price

Prasol Chemicals made a weak market debut, listing at ₹610, nearly 10% below its ₹676 IPO price. The discount lowered its valuation from 48.13 times to around 43.43 times earnings. Investors will track revenue growth, profitability, EBITDA margins, raw material costs, capacity utilisation and whether earnings growth can support the valuation.