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Thu, 17 Sept 2026
09:23:59 am
Thu, 17 Sept 2026
09:23:59 am
Rudransh Sangwan
Published at: September 17, 2026, 5:14 AM
Synopsis
Prasol Chemicals shares recovered after a weak IPO debut, while Glass Wall Systems and Kanohar Electricals also gained in their first trading sessions.
Prasol Chemicals shares hit the upper circuit on September 16 after making a weak market debut. The speciality chemicals company listed at a discount to its IPO price but recovered during the session.
The stock settled at Rs 671 per share on the NSE, after touching the 10% upper circuit. Prasol Chemicals had an IPO price of Rs 676 and listed at Rs 611 on the BSE, marking a 9.61% discount.
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| Stock metric | Value |
|---|---|
| IPO price | Rs 676 |
| BSE listing price | Rs 611 |
| NSE closing price | Rs 671 |
| Listing discount | 9.61% |
| Day move | Upper circuit |
The recovery brought the stock close to its IPO price by the end of the first trading session. Investors tracked the stock after its discounted listing and subsequent buying interest.
Glass Wall Systems shares extended gains on their debut day and settled at Rs 214.85 per share on the NSE.
The stock closed 18.68% above its issue price, adding to the strong opening seen after its market debut.
Kanohar Electricals also extended gains after its listing. The transformer manufacturer closed at Rs 751.50 per share on the NSE.
The stock ended 19.30% above its IPO price, making it another newly listed company to post gains during the session.
The trading activity in Prasol Chemicals, Glass Wall Systems and Kanohar Electricals comes as investors track recent IPO listings and their performance after debut.
Prasol Chemicals stood out for its recovery from a discounted listing, while Glass Wall Systems and Kanohar Electricals ended their debut sessions above their respective issue prices.
What is the Prasol Chemicals share price
Prasol Chemicals closed at Rs 671 per share on the NSE on its listing day.
Why did Prasol Chemicals shares hit the upper circuit
Prasol Chemicals shares recovered after a discounted listing and touched the 10% upper circuit during the first trading session.
What was the Prasol Chemicals IPO price
The Prasol Chemicals IPO was priced at Rs 676 per share at the upper end of the price band.
At what price did Prasol Chemicals list
Prasol Chemicals listed at Rs 610 on the NSE and Rs 611 on the BSE, around 10% below its IPO price of Rs 676.
What was the Prasol Chemicals listing gain
Prasol Chemicals recorded a listing loss of around 9.76% on the NSE compared with its IPO price.
What is the Prasol Chemicals IPO listing date
Prasol Chemicals shares were listed on the NSE and BSE on September 16, 2026.
Did Prasol Chemicals recover after listing
Yes. The stock recovered from its discounted opening and closed at Rs 671 on the NSE after touching the upper circuit.
What is the Prasol Chemicals NSE share price
The Prasol Chemicals NSE share price was Rs 671 at the close of its first trading session.
What was the Prasol Chemicals IPO size
The Prasol Chemicals IPO was worth Rs 500 crore, comprising a fresh issue of Rs 80 crore and an offer for sale of Rs 420 crore.
How much was the Prasol Chemicals IPO subscribed
The Prasol Chemicals IPO received overall subscription of around 3.47 times.
What is the Prasol Chemicals share price after listing
Prasol Chemicals ended its first trading session at Rs 671 on the NSE, compared with the IPO price of Rs 676.
What is the Glass Wall Systems share price
Glass Wall Systems closed at Rs 214.85 per share on the NSE on its debut day.
How much did Glass Wall Systems gain on listing day
Glass Wall Systems ended its debut session 18.68% above its IPO issue price of Rs 182.
What was the Glass Wall Systems IPO price
The Glass Wall Systems IPO issue price was Rs 182 per share.
What is the Kanohar Electricals share price
Kanohar Electricals closed at Rs 751.50 per share on the NSE on its debut day.
How much did Kanohar Electricals gain after listing
Kanohar Electricals ended its first trading session 19.30% above its IPO price of Rs 632.
What was the Kanohar Electricals IPO price
The Kanohar Electricals IPO was priced at Rs 601 to Rs 632 per share, with Rs 632 being the upper price.
Which IPO stocks gained after listing on September 16 2026
Glass Wall Systems and Kanohar Electricals ended their debut sessions above their IPO prices, while Prasol Chemicals recovered sharply after listing below its issue price.
Why did Prasol Chemicals fall after listing and then recover
Prasol Chemicals opened below its IPO price, but buying interest during the session pushed the stock higher and it eventually touched the 10% upper circuit before closing at Rs 671.
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