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Vahh Chemicals
Price Band
₹
Issue Size
₹13.45 Cr
Lot Size
2,000 shares
Min Investment
₹240,000
GMP
info
+₹5.25 (8.75%)
Issue Price
₹60.0
calendar_month Important Dates
bar_chart Subscription Status
Overall Subscription
1.32x
| Category | Subscription | Status |
|---|---|---|
| NII (HNI) |
1.33x
|
1.33x |
| Retail (RII) |
1.30x
|
1.30x |
| Total | 1.32x | 1.32x |
Auto-updated every 5 min · As of 4th Jun 2026 18:56
trending_up Grey Market Premium (GMP)
GMP
+₹5.25
GMP %
+8.75%
Est. Listing
₹65.25
schedule Updated: 14 Jul 2026 15:51
Share GMP:
business About the Company
Vahh Chemicals is an ISO 9001:2015 certified company engaged in the manufacturing, trading, and supply of textile auxiliary chemicals. The company offers a broad range of chemical solutions used across textile processing stages such as pre-treatment, dyeing, printing, and finishing. It primarily serves dyeing and printing units and also develops customized formulations based on specific customer requirements. As of September 30, 2025, the company’s portfolio includes 92 SKUs catering to multiple textile substrates including cotton, polyester, silk, and synthetic blends. It also provides specialty textile chemicals designed to deliver enhanced functional properties such as water repellency, flame resistance, antimicrobial protection, UV resistance, and wrinkle-free finishes. The company follows a primarily B2B business model and operates through a facility spread over approximately 301.25 square meters. It has built a strong distribution presence in Surat and serves customers through long-standing business relationships within the textile industry. Business operations are divided into three segments: Trading – Supply and distribution of textile chemicals used in pre-treatment, dyeing, and finishing applications. Blending – Development of customized chemical blends tailored to improve textile processing and fabric performance. Nutrition – Nutraceutical products marketed through its subsidiary, HSHS Nutraceuticals Limited, under the brand “Divine Nutrition.” These products are distributed across India through online marketplaces, supplement retailers, and gym distribution channels. Competitive strengths: Established relationships with a diversified customer base Customer-focused business model centered on customized chemical solutions Experienced promoters and management team with industry expertise
payments Company Financials (₹ Cr)
As of 2026-03-31
| Period Ended | 31 Mar 2026 | 31 Mar 2025 |
|---|---|---|
| Assets | 43.87 | 39.28 |
| Total Income | 43.19 | 23.75 |
| Profit After Tax | 5.09 | 2.58 |
| EBITDA | 8.23 | 4.68 |
| NET Worth | 14.92 | 6.87 |
| Reserves and Surplus | 8.85 | 1.50 |
| Total Borrowing | 11.31 | 11.25 |
Key Ratios
EPS
₹8.39
NAV
₹12.80
ROE
65.40%
ROCE
25.72%
RoNW
38.52%
P/B Value
4.69
P/E Ratio
7.15
Market Cap
₹49.84 Cr
PAT Margin
10.87%
Debt/Equity
1.64
Promoters
Hiren Indravadan Desai, Hetal Hirenbhai Desai and Aayush Hiren Desai
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding incremental working capital requirements of Company 5.84 2 Setting up a new manufacturing facility at Surat, Gujarat (Proposed facility) 1.93 3 Repayment of loan availed by Company 1.84 4 General Corporate Purposes 2.02 5 Issue expenses 1.82 Total 13.45
info Issue Details
pie_chart Investor Allocation
Registrar
Lead Managers / Book Running
timeline IPO Timeline
Open
04 Jun 2026
Close
08 Jun 2026
Allotment
09 Jun 2026
Listing
11 Jun 2026