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Home › IPOs › Vahh Chemicals Ltd
VA
Vahh Chemicals Ltd
CLOSED BSE SME Fixed Price IPO Fresh capital only Vahh Chemicals IPO GMP
GREY MARKET PREMIUM
₹ + 11
+18% expected return
EST. LISTING PRICE
₹71
Issue Price: ₹ 60
Issue Price
₹60
Face Value
₹10
Lot Size
2,000 shares
Open Date
04 Jun 2026
Close Date
08 Jun 2026
Allotment
09 Jun 2026
Listing Date
11 Jun 2026
Exchange
BSE SME
Vahh Chemicals IPO About the Company

Incorporated in 2019, Vahh Chemicals is an ISO 9001:2015 certified company engaged in manufacturing, supplying, and trading textile auxiliary chemicals. The company sources and blends a wide range of chemicals used in textile processing, including pre-treatment, dyeing, printing, and finishing. Its main customers are dyeing and printing houses, and the company also provide customized chemical formulations to meet their specific requirements.

As of September 30, 2025, the company offers 92 SKUs covering various textile substrates such as cotton, polyester, silk, and synthetic blends. It also supply specialty chemicals that add functional properties like water repellence, flame resistance, anti-microbial effects, UV protection, and wrinkle-free finishes.

The company had a total of 29 employees as of September 30, 2025.

The company operates mainly on a B2B model. Its facility covers about 301.25 square meters, and it has a strong distribution network in Surat.

The business operates under three segments:

  1. Trading– Distribution of textile chemicals for pre-treatment, dyeing, and finishing.
  2. Blending– Customized chemical blends to enhance textile quality.
  3. Nutrition– Nutraceutical products developed and marketed by subsidiary, "HSHS Nutraceuticals Limited" which markets products under the brand “Divine Nutrition”. These products are sold across India through online platforms, supplement stores, and gym distributors

Competitive strengths

  • Long standing relationships with a diversified customer base.
  • Business Model focused on customized solutions and strong customer relationships.
  • Experienced Promoters and management team.
...read more
Vahh Chemicals IPO Objects of the Issue
Purpose Amount (₹ Cr)
Funding incremental working capital requirements of our Company ₹6
Setting up a new manufacturing facility at Surat, Gujarat (“Proposed facility”) ₹2
Repayment of loan availed by our Company ₹2
General corporate purposes ₹2
Vahh Chemicals IPO Lead Managers
Marwadi Chandarana Intermediaries Brokers Pvt.Ltd
Financial Summary Amount in ₹ Crore
Metric 30 Sep 2025 31 Mar 2025
Total Assets 42 39 —
Revenue 17 24 —
PAT 2 258 —
EBITDA 3 5 —
Net Worth 12 7 —
Reserves 6 2 —
Total Borrowing 8 11 —
Vahh Chemicals IPO Key Financial Ratios
ROE
34
ROCE
32
RONW
32
PAT Margin
12
EBITDA Margin
19
Debt/Equity
1
P/BV
2
Issue Details
Total Shares Offered
2,128,000
Reserved for Market Maker
Up to ₹1 Cr
Net Offer to Public
Up to ₹13 Cr
Pre-Issue Shareholding
6,063,868 shares
Post-Issue Shareholding
8,305,868 shares
IPO Analytics Dashboard
LIVE
Vahh Chemicals IPO GMP Insights
📊
Valuation
Strong
Vahh Chemicals IPO GMP Strength Score
7 / 10 Good
0–3 Weak 3–6 Moderate 6–8 Good 8–10 Strong
Vahh Chemicals IPO Category-wise Subscription Shares offered, bid & amount
Category Sub (x) Offered Bid For
💼 NII / HNI 74.08 1,064,000 78,816,000
👤 Retail (RII) 100.18 1,064,000 106,596,000
📊 Market Maker — 114,000 —
Σ Total 87.17 2,128,000 185,496,000

* Amount calculated at upper price band (₹60) ·  ** Total includes all investor categories

Vahh Chemicals IPO Application Sizing Minimum investment by category
👤 Retail Investors ?
Min. Lots 2
Shares / Lot 4,000
Min. Investment ₹240,000
💼 HNI Investors ?
Min. Lots 3
Min. Shares 6,000
Min. Investment ₹360,000
Vahh Chemicals IPO Valuation — EPS & P/E Pre & post-issue metrics
Pre-Issue EPS ?
₹ 8
Post-Issue EPS ?
₹ 6
Pre-Issue P/E ?
7 x
Post-Issue P/E ?
10 x
Vahh Chemicals IPO Timeline & Key Dates
  1. 1 💳 Initiation of Refund 10 Jun 2026
  2. 2 📂 Credit of Shares to Demat 10 Jun 2026
Investor Interpretation
  • The IPO P/E of 10x reflects a strong valuation relative to typical market ranges.
  • Pre-issue EPS of ₹8 compares to post-issue EPS of ₹6 after dilution.

This IPO shows moderate investor interest. Review financial details and compare valuation with industry peers before investing.

STOCK PRICE HISTORY  ·  NSE
—
Issue Price: ₹ 60  ·  Symbol: —
H —
L —
O —
Vahh Chemicals IPO Company Info
📍 Plot 2/5198 ETC, 5th Floor,5003, World Trade Centre, Near Udhna Darawaja Ring Road Surat, Gujarat, 395002
Visit Website
Vahh Chemicals IPO Registrar
Kfin Technologies Ltd
Check Allotment Status
Vahh Chemicals IPO FAQs
Vahh Chemicals IPO has already listed. Its last recorded GMP was ₹11. GMP is only indicative and never a guarantee of listing gains.
The issue price of Vahh Chemicals IPO is ₹60 per share. One lot has 2,000 shares, so the minimum investment is about ₹120,000. It is a Fresh capital only issue.
Vahh Chemicals IPO opened on 04 Jun 2026 and closed on 08 Jun 2026. Allotment is tentatively finalised on 09 Jun 2026. Shares are listed on BSE SME on 11 Jun 2026.
Incorporated in 2019, Vahh Chemicals is an ISO 9001:2015 certified company engaged in manufacturing, supplying, and trading textile auxiliary chemicals.
As per the offer document, Vahh Chemicals plans to use the IPO proceeds for: Funding incremental working capital requirements of our Company (₹6); Setting up a new manufacturing facility at Surat, Gujarat (“Proposed facility”) (₹2); Repayment of loan availed by our Company (₹2); General corporate purposes (₹2).
The lead manager of Vahh Chemicals IPO is Marwadi Chandarana Intermediaries Brokers Pvt.Ltd.
Vahh Chemicals IPO is proposed to list on BSE SME; it is a Fixed Price IPO and the issue is a Fresh capital only.
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