Vahh Chemicals IPO
Vahh Chemicals IPO
Overview
Vahh Chemicals IPO is a fixed issue price of ₹13.45 crores. The issue is entirely a fresh issue of 0.22 crore shares of ₹13.45 crore. Vahh Chemicals IPO opens for subscription on Jun 4, 2026 and closes on Jun 8, 2026. The allotment for the Vahh Chemicals IPO is expected to be finalized on Jun 9, 2026. Vahh Chemicals IPO will list on the BSE SME with a tentative listing date fixed as Jun 11, 2026. Vahh Chemicals IPO is set final issue price at ₹60 per share. The lot size for an application is 2,000 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,40,000 (4,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (6,000 shares), amounting to ₹3,60,000. Marwadi Chandarana Intermediaries Brokers Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Total Shares
22,42,000
Issue Size
₹13 Cr
Price Band
₹60 – ₹60
Lot Size
2000 shares
Min. Investment
₹2,40,000
Max. Investment
₹2,40,000
Open Date
04 Jun, 2026
Close Date
08 Jun, 2026
Allotment
09 Jun, 2026
Listing
11 Jun, 2026
Max. Investment
₹2,40,000
Announced
04 Jun, 2026
Opening Date
04 Jun, 2026
Closing Date
08 Jun, 2026
Basis of Allotment
09 Jun, 2026
Initiation of Refunds
10 Jun, 2026
Credit of Shares
10 Jun, 2026
Listing Date
11 Jun, 2026
Live GMP
Est. Listing: ₹74
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About Vahh Chemicals IPO
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&
Vahh Chemicals IPO Share Price
Issue Breakdown
Shareholding
Dilution: 37.0% increase in shares
Vahh Chemicals IPO Financial Health
Vahh Chemicals IPO Lot Size
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4000 | ₹2,40,000 |
| Individual investors (Retail) (Max) | 2 | 4000 | ₹2,40,000 |
| HNI (Min) | 3 | 6000 | ₹3,60,000 |
(All values in CR)
Vahh Chemicals IPO Valuations
| Metric | Value |
|---|---|
| ROE | 22 |
| ROCE | 16.98 |
| Debt/Equity | 0.66 |
| RoNW | 16.08 |
| PAT Margin | 12.57 |
| EBITDA Margin | 20.54 |
| Price to Book Value | 3.03 |
(All values in CR)
Vahh Chemicals IPO Strength & Risk
Vahh Chemicals IPO Strengths
- Operates in the textile auxiliary chemicals segment, supplying products used in pre-treatment, dyeing, printing, and finishing processes.
- ISO 9001:2015 certified company, which supports quality and process credibility.
- Provides customized chemical formulations tailored to customer requirements, helping build client relationships.
- Strong profitability with annualized EBITDA margin of around 24.9% and PAT margin of about 12.5%.
- Reported annualized revenue of about ₹16.5 crore and PAT of about ₹2.1 crore, indicating profitable operations despite its small scale.
- IPO valuation appears relatively reasonable with a P/E of around 12 times.
- Funds are being used for working capital expansion and a new manufacturing facility, which can support future growth.
- Presence in the textile ecosystem of Surat provides access to a large customer base.
Vahh Chemicals IPO Risks
- SME IPO listing carries higher liquidity risk and volatility compared to mainboard companies.
- Small revenue scale makes earnings sensitive to customer concentration and demand fluctuations.
- Business is linked to the textile industry, which is cyclical and affected by export demand and raw material costs.
- Faces competition from larger chemical manufacturers with stronger distribution networks and financial resources.
- Working capital requirements are significant, as a major portion of IPO proceeds is allocated toward working capital funding.
- Dependence on textile processing activity could impact growth during industry slowdowns.
- Limited public operating history and lower market visibility compared to established listed chemical companies.
- Current grey market premium is negligible, indicating limited listing gain expectations at present.
Vahh Chemicals IPO Subscriptions Status
Vahh Chemicals IPO subscribed 87.16 times. The public issue subscribed 100.17 times in the individual investors category, [.] times in QIB (Ex Anchor), and 74.07 times in the NII category by June 8, 2026 5:04:42 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Market Maker | 1.00 | 1,14,000 | 1,14,000 | 0.68 |
| NII | 74.07 | 10,64,000 | 7,88,08,000 | 472.85 |
| Individual Investors | 100.17 | 10,64,000 | 10,65,80,000 | 639.48 |
| Total | 87.16 | 21,28,000 | 18,54,72,000 | 1 |
Vahh Chemicals IPO GMP
Vahh Chemicals SME IPO last GMP is ₹13.5, last updated Jun 8th 2026 04:01 PM. With the price band of 60.00, Vahh Chemicals SME IPO's estimated listing price is ₹73.5 (cap price + today's GMP).The expected percentage gain/loss per share is 22.50%. >> Vahh Chemicals SME IPO Retail Subject to Sauda: ₹20500 The lowest GMP is ₹0.00, while the highest GMP is ₹15.00.
Last updated 08 Jun, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 08 Jun, 2026 | 60 | ₹13.5▲ | - | ₹73.5 (22.50%) | 27000 | 08 Jun, 2026 |
| 07 Jun, 2026 | 60 | ₹11 | - | ₹71 (18.33%) | 22000 | 07 Jun, 2026 |
| 06 Jun, 2026 | 60 | ₹11▼ | - | ₹71 (18.33%) | 22000 | 06 Jun, 2026 |
| 05 Jun, 2026 | 60 | ₹12 | - | ₹72 (20.00%) | 24000 | 05 Jun, 2026 |
| 04 Jun, 2026 | 60 | ₹12▼ | - | ₹72 (20.00%) | 24000 | 04 Jun, 2026 |
| 03 Jun, 2026 | 60 | ₹13▼ | - | ₹73 (21.67%) | 26000 | 03 Jun, 2026 |
| 02 Jun, 2026 | 60 | ₹14▲ | - | ₹74 (23.33%) | 28000 | 02 Jun, 2026 |
| 01 Jun, 2026 | 60 | ₹11▼ | - | ₹71 (18.33%) | 22000 | 01 Jun, 2026 |
| 31 May, 2026 | 60 | ₹15▲ | - | ₹75 (25.00%) | 30000 | 31 May, 2026 |
| 30 May, 2026 | 60 | ₹0 | - | ₹60 (0.00%) | - | 30 May, 2026 |
| 29 May, 2026 | 60 | ₹0 | - | ₹60 (0.00%) | - | 29 May, 2026 |
| 28 May, 2026 | 60 | ₹0 | - | ₹60 (0.00%) | - | 28 May, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Vahh Chemicals IPO
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