Fixed Price IPO | ₹12 Cr | Listing at BSE SME |

Vahh Chemicals Ltd. IPO is a Fixed Price Issue consisting solely of fresh issue of upto 0.22 crore equity shares worth ₹11.88 crores.
The equity shares are proposed to be listed on the BSE SME. Marwadi Chandarana Intermediaries Brokers Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Vahh Chemicals IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price | ₹53 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 22,42,000 shares (agg. up to ₹12 Cr) |
| Reserved for Market Maker | 1,14,000 shares (agg. up to ₹0.6042 Cr) |
| Fresh Issue (Ex Market Maker) | 21,28,000 shares (agg. up to ₹11 Cr) |
| Net Offered to Public | 21,28,000 shares (agg. up to ₹11 Cr) |
| Share Holding Pre Issue | 60,63,868 shares |
| Share Holding Post Issue | 83,05,868 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Dec 3, 2025 |
| SEBI/Exchange approval received | Mon, Feb 9, 2026 |
Vahh Chemicals IPO comprises a total issue size of 22,42,000 shares. The net offer to the public is 21,28,000 shares, after excluding 1,14,000 shares allotted on a firm basis. Of the Net offer 10,64,000 (50.00%) allocated to NII 10,64,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 10,64,000 | 50.00% | 47.46% |
| Retail Shares Offered | 10,64,000 | 50.00% | 47.46% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,14,000 | 5.08% | |
| Total Shares Offered | 22,42,000 | 100.00% | 100.00% |
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 | 4,000 | ₹2,12,000 |
| Individual investors (Retail) (Max) | 2 | 4,000 | ₹2,12,000 |
| HNI (Min) | 3 | 6,000 | ₹3,18,000 |
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 operates mainly on a B2B model. Its facility covers about 301.25 square meters, and it has a strong distribution network in Surat.
Our business operates under three segments:
Competitive strengths
| Period Ended | 30 Sep 2025 | 31 Mar 2025 |
|---|---|---|
| Assets | 42.31 | 39.28 |
| Total Income | 16.53 | 23.75 |
| Profit After Tax | 2.08 | 2.58 |
| EBITDA | 3.39 | 4.68 |
| NET Worth | 12.01 | 6.87 |
| Reserves and Surplus | 5.95 | 1.50 |
| Total Borrowing | 7.93 | 11.25 |
| Amount in ₹ Crore | ||
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 our Company | 5.84 |
| 2 | Setting up a new manufacturing facility at Surat, Gujarat (“Proposed facility”) | 1.84 |
| 3 | Repayment of loan availed by our Company | 1.79 |
| 4 | General corporate purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 65.40% |
| ROCE | 25.72% |
| Debt/Equity | 1.64 |
| RoNW | 38.52% |
| PAT Margin | 10.87% |
| EBITDA Margin | 19.69% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 88.52% | 64.63% |
Lead Manager Reports
Vahh Chemicals IPO is a SME IPO of 22,42,000 equity shares of the face value of ₹10 aggregating up to ₹12 Crores. The issue is priced at ₹53 per share. The minimum order quantity is 2000.
The Vahh Chemicals IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Vahh Chemicals IPO using UPI as a payment gateway. Zerodha customers can apply in Vahh Chemicals IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Vahh Chemicals IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Vahh Chemicals IPO dates are not announced. Please check back again after some time.
Vahh Chemicals IPO lot size is 2000, and the minimum amount required for application is ₹2,12,000, with 2 lots being the minimum application size.
You can apply in Vahh Chemicals IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Vahh Chemicals IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Vahh Chemicals IPO allotment status.
The Vahh Chemicals IPO listing date is not yet announced. The tentative date of listing is .