Vahh Chemicals Limited IPO
Vahh Chemicals Limited IPO
SME BSE SME Fixed Price
Upcoming

Price Band

₹60

Total Issue

₹13 Cr

Bid Dates

04 Jun - 08 Jun

Subscription

-

Est. GMP

₹12 (20.00%)

Website RHP Check Allotment

Valuation

Market Cap

₹49.84 Cr

P/E Ratio

7.50x

P/B Ratio

2.44x

Vahh Chemicals IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Vahh Chemicals Limited is an ISO 9001:2015 certified manufacturer and trader of textile auxiliary chemicals, incorporated in December 2019 and headquartered in Surat, Gujarat. The company sources and blends a wide range of chemicals critical to various stages of textile processing—pre-treatment, dyeing, printing, and finishing—catering primarily to dyeing and printing houses. Its product portfolio spans over 114 SKUs across five categories: pre-treatment chemicals, dyeing auxiliaries, printing auxiliaries, finishing chemicals, and specialty chemicals. The company operates three business segments: blending (66.59% of FY2026 revenue), trading (8.13%), and nutrition (25.27%) via subsidiary HSHS Nutraceuticals Limited. Its chemical facility is located in Surat, Gujarat.

Vahh Chemicals IPO Lot Size

Lot Information for Vahh Chemicals IPO
Category Lots Shares Amount
Ind (Min) 2 4,000 ₹2,40,000
Ind (Max) 2 4,000 ₹2,40,000
Others (Min) 3 6,000 ₹3,60,000
Allocate Funds
Market Maker
₹1.14 L
Employee
₹0.00
Shareholder
₹0.00

Vahh Chemicals IPO Size

Total ₹13.45 Cr
Fresh Issue
₹13 Cr (0.22 Cr Shares)
Offer For Sale
₹0 (0.00 Shares)

Objects of the Issue

Funding incremental working capital requirements of our Company

₹5.84 Cr

Setting up a new manufacturing facility at Surat, Gujarat

₹1.93 Cr

Repayment of loan availed by our Company

₹1.84 Cr

issue expenses

₹1.82 Cr

General corporate purposes

₹2.02 Cr

Total

₹13.45 Cr

Vahh Chemicals IPO IPO Details Live GMP

GMP ₹12
Est. Price ₹72
Est. Gain 20.00%

Vahh Chemicals IPO Peer Comparison

(Rs. in crores)

Vahh Chemicals IPO Peer Comparison Table
Particulars Vahh Chemicals Bhatia Colour Chem
Revenue 43.15 154.62
PAT 5.09 4.18
EPS (₹) 8.00 2.95
NAV (₹) 24.60 73.80
RONW 32.21% 4.00%
EBITDA 19.06% 5.73%
PAT Mrgn 11.79% 2.70%
PE Ratio 7.50 18.07
Debt to Equity 0.76 0.12

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of May 21, 2026 for Peers

Vahh Chemicals IPO IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Vahh Chemicals IPO
Particulars Mar-26 Mar-25 Mar-24
Revenue 43.15 23.75 10.16
PAT 5.09 2.58 0.34
Total Equity 14.92 6.87 1.03
Borrowings 11.31 11.25 6.09
Assets 43.87 39.28 7.93
NAV (₹) 24.60 12.80 205.40
EPS (₹) 8.00 4.99 0.65

Key Performance Indicators (KPIs)

EBITDA

19.06%

PAT

11.79%

ROE

34.11%

ROCE

31.76%

Debt to Equity

0.76

All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band

Promoter Holding

Promoter

88.52%

Public

11.48%

Hiren Indravadan Desai 22.26%
Hetal Hirenbhai Desai 45.61%
Aayush Hiren Desai 20.65%

Management

Hiren Indravadan Desai CMD
Aayush Hiren Desai WTD
Sahil Bhaveshkumar Modi CFO

Registrar & Lead Managers

Lead Managers (1)

Company Details

Name: Vahh Chemicals Limited

Address: Plot 2/5198 ETC, 5th Floor, 5003, World Trade Centre, Near Udhna Darawaja, Ring Road, Surat – 395002, Gujarat, India

Number: +91 26 1234 4045

Email: info@vahhchemicals.com

Website: https://vahhchemicals.com

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Frequently Asked Questions (FAQs)

What is Vahh Chemicals IPO?
Vahh Chemicals IPO is a SME IPO having an issue size of ₹13 Crs. Vahh Chemicals IPO is priced at ₹60 - ₹60 per share. The issue opens on 04 Jun 26 and closes on 08 Jun 26.
When will Vahh Chemicals IPO open?
Vahh Chemicals IPO opens on 04 Jun 26 and closes on 08 Jun 26.
What is the GMP of Vahh Chemicals IPO?
The estimated Grey Market Premium of Vahh Chemicals IPO is ₹12 per share (20.00%).
What is the lot size of Vahh Chemicals IPO?
The minimum lot size of Vahh Chemicals IPO is 2000 shares & the minimum application amount is Rs. 120000.
When is the allotment of Vahh Chemicals IPO?
The allotment date of Vahh Chemicals IPO is 09 Jun 26.
What is the listing date of Vahh Chemicals IPO?
The listing date of Vahh Chemicals IPO is 11 Jun 26.
What is the subscription of Vahh Chemicals IPO?
Vahh Chemicals IPO is subscribed -.
What is the price band of Vahh Chemicals IPO?
Vahh Chemicals IPO is priced at ₹60 - ₹60 per share.
How to check allotment status of Vahh Chemicals IPO?
Click the allotment link on Vahh Chemicals IPO page of IPO360.
How to apply Vahh Chemicals IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Vahh Chemicals IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Vahh Chemicals IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Vahh Chemicals IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date