Vahh Chemicals IPO
GMP, Subscription, Price, Dates & Financial Details
Chemicals
Incorporated in 2019, Vahh Chemicals is an ISO 9001:2015 certified organization engaged in the manufacturing, supplying, and trading of textile auxiliary chemicals. The company sources and formulates a wide range of chemicals used across various stages of textile processing, including…
Open Date
Thu, 04 Jun 2026
Close Date
Mon, 08 Jun 2026
Issue Price
₹ 60
Lot Size
2000
Issue Size
₹ 13.00 Cr
Minimum Investment
₹ 240,000 (4000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Vahh Chemicals IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a fixed price issue with a total issue size of ₹13.00 Crore, comprising a fresh issue of 21.28 Lakh equity shares aggregating to ₹13.00 Crore.
The Vahh Chemicals IPO remained open for subscription from June 04, 2026, to June 08, 2026. The basis of allotment was finalized on June 09, 2026, and the company's shares were listed on BSE SME Platform on June 11, 2026.
The company had fixed the price at ₹60 per share, with a lot size of 2000 shares. Retail investors were required to make a minimum investment of ₹240,000 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. Marwadi Chandarana Intermediaries Brokers Pvt. Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Vahh Chemicals Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Vahh Chemicals IPO Timeline (Tentative)
- IPO Open Date
- Thu, 04 Jun 26
- IPO Close Date
- Mon, 08 Jun 26
- Basis of Allotment
- Tue, 09 Jun 26
- Initiation of Refunds
- Wed, 10 Jun 26
- Credit of Shares to Demat
- Wed, 10 Jun 26
- Listing Date
- Thu, 11 Jun 26 — NSE & BSE
Open Date
04 June 2026
Close Date
08 June 2026
Basis Of Allotment
09 June 2026
Listing Date
11 June 2026
IPO Subscription
Check Live Subscription →The Vahh Chemicals IPO has received bids for 18,56,10,000 shares against 21,28,000 shares offered, resulting in an overall subscription of 87.22x. the NII category is subscribed 74.18x, Retail Investors 100.18x, and QIBs 0x.
QIB
0x
NII
74.18x
RII
100.18x
Total
87.22x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 10,64,000 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 10,64,000 shares (50%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Non-Institutional | 1,064,000 | 50% |
| Retail Investors | 1,064,000 | 50% |
| Total | 2,128,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 |
|---|---|---|
| Assets | 43.87 | 39.28 |
| Revenue | 43.19 | 23.75 |
| Profit After Tax | 5.09 | 2.58 |
| Net Worth | 14.92 | 6.87 |
| Reserve & Surplus | 8.85 | 1.5 |
| Total Borrowings | 11.31 | 11.25 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Vahh Chemicals Limited KPI Information
| Particular | Mar 2026 | Mar 2025 |
|---|---|---|
| ROE % | 34.11 | 65.4 |
| ROCE % | 31.76 | 25.72 |
| Debt / Equity | 0.76 | 1.64 |
| RoNW % | 32.21 | 38.52 |
| Pat Margin % | 11.79 | 10.87 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Vahh Chemicals Ltd | 10 | 7.50 | 8.00 | 8.00 | 32.21 | 24.60 |
| Bhatia Colour Chem Ltd | 10 | 18.07 | 2.95 | 2.95 | 4.00 | 73.80 |
About Vahh Chemicals Limited
Incorporated in 2019, Vahh Chemicals is an ISO 9001:2015 certified organization engaged in the manufacturing, supplying, and trading of textile auxiliary chemicals. The company sources and formulates a wide range of chemicals used across various stages of textile processing, including pre-treatment, dyeing, printing, and finishing. Its primary customers are dyeing and printing houses, and the company also develops customized formulations to meet their specific process and performance requirements.
As of September 30, 2025, Vahh Chemicals offers 92 SKUs catering to multiple textile substrates such as cotton, polyester, silk, and synthetic blends. The company additionally supplies specialty chemicals that impart functional properties including water repellence, flame resistance, anti-microbial protection, UV resistance, and wrinkle-free finishes.
Operating largely under a B2B business model, the company manages its operations from a facility spread across 301.25 square meters, supported by a strong and well-established distribution network in Surat.
Business Segments
- Trading
Distribution of textile chemicals used in pre-treatment, dyeing, printing, and finishing processes. - Blending
Development of customized chemical blends designed to enhance textile performance, quality, and processing efficiency. - Nutrition
Managed through its subsidiary HSHS Nutraceuticals Limited, this segment focuses on the development and marketing of nutraceutical products under the brand name “Divine Nutrition.” These products are sold across India through online marketplaces, supplement stores, and gym-based distributors.
Vahh Chemicals IPO Promoters
- Hiren Indravadan Desai
- Hetal Hirenbhai Desai
- Aayush Hiren Desai
Promoters Holding
Holding Pre Issue
88.52%
Holding Post Issue
64.63%
Vahh Chemicals IPO Objective
The Company Vahh Chemicals IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding incremental working capital requirements of our Company
- Repayment of loan availed by our Company
- Setting up a new manufacturing facility at Surat, Gujarat (“Proposed facility”)
- General corporate purpose
Vahh Chemicals Limited Address / Contact Details
Vahh Chemicals Ltd.
Plot 2/5198 ETC, 5th Floor,5003,
World Trade Centre, Near Udhna Darawaja
Ring Road
Surat, Gujarat, 395002
Phone: +91 26 1234 4045
Email: accounts@divinenutrition.in
Website: http://www.vahhchemicals.com/
IPO Snapshot
Vahh Chemicals IPO Lot Size
The Vahh Chemicals IPO has a lot size of 2,000 shares. Retail investors require a minimum investment of ₹2,40,000 by applying for 2 lot (4,000 shares). The maximum application allowed for the retail category is 2 lots (4,000 shares), requiring an investment of ₹2,40,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | 240,000.00 |
| Retail (Max) | 2 | 4,000 | 240,000.00 |
| S-HNI (Min) | 3 | 6,000 | 360,000.00 |
Issue Reservation
- NII — 50%
- RII — 50%
Book Running Lead Managers
- Marwadi Chandarana Intermediaries Brokers Pvt. Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Vahh Chemicals IPO?
Vahh Chemicals IPO is a Fixed price IPO with a total issue size of ₹13 crore. The Vahh Chemicals IPO price band is ₹60 to 60 per share. The Vahh Chemicals IPO subscription opens on Thu, Jun 4, 2026, and closes on Mon, Jun 8, 2026. The Vahh Chemicals IPO will be listed on the BSE. KFin Technologies Limited is the registrar for the Vahh Chemicals IPO.
When will the Vahh Chemicals IPO open for subscription?
The Vahh Chemicals IPO opens on Thu, Jun 4, 2026 and closes on Mon, Jun 8, 2026
What is Vahh Chemicals IPO Price Band?
Vahh Chemicals IPO Price Band is ₹60 to 60 per share.
What is Vahh Chemicals IPO Lot Size?
Vahh Chemicals IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹240000 based on the upper price band
What is the minimum investment for Vahh Chemicals IPO?
The minimum investment for Vahh Chemicals IPO is ₹240000, based on one lot of 2000 shares at the upper price band of ₹60 per share.
How to apply for Vahh Chemicals IPO?
Investors can apply for the Vahh Chemicals IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Jun 8, 2026. The application amount remains blocked until the Vahh Chemicals IPO allotment is finalized.
What is Vahh Chemicals IPO Issue Size?
Vahh Chemicals IPO issue size is ₹13 crores.
What is the Vahh Chemicals IPO Allotment Date?
Vahh Chemicals IPO allotment date is Tue, Jun 9, 2026.
Who is the Vahh Chemicals IPO Registrar?
The registrar for Vahh Chemicals IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Vahh Chemicals IPO allotment status, refund processing, and other IPO-related information.
What is the Vahh Chemicals IPO GMP?
The Vahh Chemicals IPO GMP (Grey Market Premium) is ₹5 as of Thu, Jun 11, 2026. Based on the upper price band of ₹60 per share, the estimated Vahh Chemicals IPO listing price is ₹65, indicating a potential listing gain of approximately 8.33% over the issue price.
Who is the Vahh Chemicals IPO Lead Manager?
The book-running lead managers (BRLMs) for the Vahh Chemicals IPO are Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Vahh Chemicals IPO Red Herring Prospectus (RHP).