Fixed Price IPO | ₹13 Cr | Listing at BSE SME | Thu, Jun 4, 2026 - Mon, Jun 8, 2026 O
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. The Market Maker of the company is Mansi Share & Stock Broking Pvt.Ltd.
Refer to Vahh Chemicals IPO DRHP for detailed Information.
IPO Open
Thu, Jun 4, 2026
IPO Close
Mon, Jun 8, 2026
Issue Price
₹60 per share
Market Cap (Pre-IPO)
₹49.84 Cr
| IPO Date | 4 to 8 Jun, 2026 |
| Listing Date | Thu, Jun 11, 2026T |
| Face Value | ₹10 per share |
| Issue Price | ₹60 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 ₹13 Cr) |
| Reserved for Market Maker | 1,14,000 shares Mansi Share & Stock Broking Pvt.Ltd. (agg. up to ₹0.6840 Cr) |
| Fresh Issue (Ex Market Maker) | 21,28,000 shares (agg. up to ₹13 Cr) |
| Net Offered to Public | 21,28,000 shares (agg. up to ₹13 Cr) |
| Share Holding Pre Issue | 60,63,868 shares |
| Share Holding Post Issue | 83,05,868 shares |
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 (IND) (Min) | 2 | 4,000 | ₹2,40,000 |
| Individual investors (IND) (Max) | 2 | 4,000 | ₹2,40,000 |
| HNI (Min) | 3 | 6,000 | ₹3,60,000 |
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 had a total of 29 employees as of September 30, 2025.
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.
The business operates under three segments:
Competitive strengths
Vahh Chemicals Ltd.'s revenue increased by 82% and profit after tax (PAT) rose by 97% between the financial year ending with March 31, 2026 and March 31, 2025.
| 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 |
| Amount in ₹ Crore | ||
| Company | Issue Type | Issue Size | Issue Price | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|
| Biopol Chemicals Ltd. | SME | ₹31.26 Cr | ₹108 | ₹105.50 | -2.31% | ₹108.45 (+4.93%) |
| Neochem Bio Solutions Ltd. | SME | ₹44.97 Cr | ₹98 | ₹111.80 | +14.08% | ₹92.75 (-0.27%) |
| Speb Adhesives Ltd. | SME | ₹33.73 Cr | ₹56 | ₹57.00 | +1.79% | ₹96.50 (+0.68%) |
| SK Minerals & Additives Ltd. | SME | ₹41.15 Cr | ₹127 | ₹152.25 | +19.88% | ₹395.00 (-1.23%) |
| Shlokka Dyes Ltd. | SME | ₹57.79 Cr | ₹91 | ₹85.50 | -6.04% | ₹24.15 (+5.00%) |
| Snehaa Organics Ltd. | SME | ₹32.68 Cr | ₹122 | ₹115.90 | -5.00% | ₹46.00 (-3.16%) |
| Renol Polychem Ltd. | SME | ₹25.77 Cr | ₹105 | ₹99.75 | -5.00% | ₹87.20 (+5.00%) |
| Mehul Colours Ltd. | SME | ₹21.66 Cr | ₹72 | ₹86.03 | +19.49% | ₹70.00 (+0.00%) |
| Patel Chem Specialities Ltd. | SME | ₹58.80 Cr | ₹84 | ₹104.50 | +24.40% | ₹84.00 (-2.33%) |
| Sacheerome Ltd. | SME | ₹61.62 Cr | ₹102 | ₹160.55 | +57.40% | ₹323.00 (+4.38%) |
| Sudeep Pharma Ltd. | Mainboard | ₹895.00 Cr | ₹593 | ₹774.15 | +30.55% | ₹754.50 (-0.26%) |
| Gem Aromatics Ltd. | Mainboard | ₹451.25 Cr | ₹325 | ₹319.05 | -1.83% | ₹155.53 (+4.98%) |
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 |
| Total | 11.63 |
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 34.11% | 65.40% |
| ROCE | 31.76% | 25.72% |
| Debt/Equity | 0.76 | 1.64 |
| RoNW | 32.21% | 38.52% |
| PAT Margin | 11.79% | 10.87% |
| EBITDA Margin | 19.06% | 19.69% |
| Price to Book Value | 2.44 | 4.69 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 8.39 | 6.13 |
| P/E (x) | 7.15 | 9.79 |
| Promoter Holding | 88.52% | 64.63% |
| Market Cap | ₹49.84 Cr. |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the Book Running Lead Manager & Underwriter | 0.52 |
| 2 | Selling Commission | 0.25 |
| 3 | Fees Payable to Registrar to the Issue | 0.02 |
| 4 | Fees Payable to the Legal Advisor to the Issue | 0.03 |
| 5 | Fees Payable Advertising, Marketing Expenses and Printing Expenses | 0.40 |
| 6 | Fees Payable to Regulators including Stock Exchange and other regulators like NSDL & CDSL | 0.15 |
| 7 | Fees payable to Peer Review Auditor | 0.15 |
| 8 | Fees Payable to Market Maker (for first Year) | 0.03 |
| 9 | Processing fees to SCSBs for ASBA Applications procured by the members of the Syndicate or Registered Brokers and submitted with the SCSBs | 0.02 |
| 10 | Processing fees to Issuer banks for UPI Mechanism w.r.t application Forms procured by the members of the Syndicate, Registered Brokers, RTA or the CDPs and submitted to them | 0.01 |
| 11 | Fees Payable to other professional (like PCS & Chartered Engineer) | 0.25 |
| Total | 1.82 |
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 ₹13 Crores. The issue is priced at ₹60 per share. The minimum order quantity is 2000.
The IPO opens on Thu, Jun 4, 2026, and closes on Mon, Jun 8, 2026.
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 opens on Thu, Jun 4, 2026 and closes on Mon, Jun 8, 2026.
Vahh Chemicals IPO lot size is 2000, and the minimum amount required for application is ₹2,40,000, 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 Tuesday, June 9, 2026, and the allotted shares will be credited to your demat account by Wed, Jun 10, 2026. Check the Vahh Chemicals IPO allotment status.
The Vahh Chemicals IPO listing date is not yet announced. The tentative date of listing is Thu, Jun 11, 2026.
