Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Vahh Chemicals IPO
Price Band
₹
Issue Size
₹13.45 Cr
Lot Size
2,000 shares
Min Investment
₹240,000
2 LOTS MIN
GMP
+₹5.25 (8.75%)
Issue Price
₹60.0
Vahh Chemicals IPO AI Summary
- Vahh Chemicals IPO is listed on BSE SME in the Specialty Chemicals sector.
- Subscription window: 04 Jun–08 Jun 2026, listing on 11 Jun 2026.
- Current GMP is +₹5.25 (8.75%) — unofficial and can change daily.
Vahh Chemicals is a specialty chemicals company focused on textile auxiliary chemicals, with a strong distribution network and a diverse product portfolio. The IPO has garnered interest, with a total subscription of 1.32 times as of June 4, 2026, and is set to list on June 11, 2026.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Important Dates
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
Vahh Chemicals IPO Grey Market Premium (GMP) Today
GMP
+₹5.25
GMP %
+8.75%
Est. Listing
₹65.25
Updated: 14 Jul 2026 15:51
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
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
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹23.75 Cr in the year ended 31 Mar 2025, rising to ₹43.19 Cr by 31 Mar 2026. This indicates a significant increase in revenue over the period.
Profit Trend
Profit after tax increased from ₹2.58 Cr in the year ended 31 Mar 2025 to ₹5.09 Cr by 31 Mar 2026. This shows a positive trend in profitability.
Grey Market Premium, Explained
The Grey Market Premium (GMP) refers to the unofficial trading of shares before they are listed on the stock exchange. It indicates the expected listing price of the IPO based on demand and supply in the grey market. A positive GMP suggests that the stock may list at a higher price than the issue price.
Subscription Demand
As of 4th June 2026, the IPO has received a total subscription of 1.32 times. The non-institutional investors (HNI) subscribed 1.33 times, while retail investors (RII) subscribed 1.30 times.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy. It's important to consider the company's fundamentals, market conditions, and personal financial goals before making a decision.
Who May Want to Wait
Investors who are risk-averse or those who prefer stable returns may want to avoid IPOs like this, which can be subject to market fluctuations and volatility.
IPO Timeline, Explained
The IPO is set to open on June 4, 2026, and will close on June 8, 2026. Allotment of shares will be done on June 9, 2026, and the listing date is scheduled for June 11, 2026.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make when shares are listed on the stock exchange at a price higher than the issue price. However, these gains are not guaranteed and can be influenced by various factors, including market conditions and investor sentiment on the listing day.
This evaluation is generated from Vahh Chemicals's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Vahh Chemicals IPO GMP today?
Vahh Chemicals IPO GMP today is +₹5.25 (8.75%). GMP is an unofficial grey-market indicator and can change daily.
When does Vahh Chemicals IPO open and close?
Vahh Chemicals IPO opens on 04 June 2026 and closes on 08 June 2026.
When does Vahh Chemicals IPO list on the stock exchange?
Vahh Chemicals IPO listed on 11 June 2026 at ₹65.25.
What is the lot size for Vahh Chemicals IPO?
The lot size for Vahh Chemicals IPO is 2000 shares, requiring a minimum investment of ₹240,000 (2 lots).
What is the issue price of Vahh Chemicals?
The issue price of Vahh Chemicals is ₹60.0.
What is the minimum investment required?
The minimum investment required is ₹240,000.
What is the lot size for this IPO?
The lot size for this IPO is 2000 shares.
When is the listing date for Vahh Chemicals?
The listing date for Vahh Chemicals is June 11, 2026.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of the IPO based on unofficial trading before the shares are listed.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
04 Jun 2026
Close
08 Jun 2026
Allotment
09 Jun 2026
Listing
11 Jun 2026
Similar IPOs in Specialty Chemicals
Plan Your IPO Investment
Related Articles
Community Sentiment
What are other investors planning for Vahh Chemicals?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.