Vahh Chemicals IPO

About Vahh Chemicals IPO

The Vahh Chemicals IPO opens on Thursday, June 4, 2026 and closes on Monday, June 8, 2026. The allotment of shares will take place on Tuesday, June 9, 2026. The credit of shares to the demat account will take place on Wednesday, June 10, 2026. The initiation of refunds will take place on Wednesday, June 10, 2026. The listing of shares will take place on Thursday, June 11, 2026.

The offer consists of a fresh issue component. The fresh issue will include 0.22 crore shares of ₹13.45 crores. The total number of shares and the aggregate amount is 22,42,000 shares aggregating up to ₹13 crores.

Vahh Chemicals IPO’s issue price band is set at ₹60 per share. The lot size for an application is 2,000. The minimum amount of investment required by a retail investor 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. The Vahh Chemicals IPO will be listed on the BSE SME (SME Platform of BSE Limited) upon completion of the offer.

Vahh Chemicals operates under a business model that revolves around the manufacturing, sourcing, and blending of high-quality textile chemicals, essential for various stages of textile processing. They also focus on customised chemical blending, which allows them to cater to the specific needs of their customers, optimising the performance of textile production processes.

Objectives of Vahh Chemicals IPO

• Funding incremental working capital requirements of the company.
  
• Setting up a new manufacturing facility at Surat, Gujarat (“Proposed Facility”).
  
• Repayment of loans availed by the company.
  
• General corporate purposes.
  

Industry Outlook

India is the sixth largest producer of chemicals in the world and third in Asia, contributing 7% to India’s GDP. India holds a strong position in exports and imports of chemicals at a global level and ranks 14th in exports and eighth in imports at the global level (excluding pharmaceuticals).

The Indian chemical industry is poised for significant growth, driven by global supply chain shifts and rising demand for environmentally compliant production. Opportunities are emerging as companies diversify away from traditional manufacturing hubs and focus on sustainable, high-value chemical segments. Strategic fiscal support, including tax incentives and benefits under PCPIRs and SEZs, will further enhance production capabilities and encourage downstream development.

About Vahh Chemicals

Vahh Chemicals is an ISO 9001:2015 certified company engaged in the business of manufacturing and trading of textile auxiliary chemicals. They are engaged in the supplying and blending of a wide range of chemicals in the textile industry. Their operations primarily involve the sourcing and blending of textile chemicals essential for various stages of textile processing, including pre-treatment, dyeing, printing, and finishing.

Strategically, they cater primarily to dyeing and printing houses within the textile industry, offering tailored chemical solutions to address the specific needs and challenges of this sector, including customised formulations for various applications.

Strengths of Vahh Chemicals

• Long-standing relationships with a diversified customer base.
  
• The business model focuses on customised solutions and strong customer relationships.
  
• Experienced promoters and management team.
  

Risks of Vahh Chemicals

• Any adverse developments affecting their operations in Gujarat.
  
• Any loss of business from one or more of their top ten customers.
  
• Any disruptions to the supply, or increase in the pricing, of the raw materials and finished products that they procure.
  
• The loss of or shutdown of their facilities.
  
• Competition from organised and unorganised players.
  

Source: All the financial information for listed industry peer mentioned above is on standalone basis and is sourced from the filings made with Stock Exchanges available on www.bseindia.com. *Computed by dividing the closing market price on May 21, 2026 on BSE by EPS. *Closing price on May 21, 2026 at BSE and for the company it is considered as issue price.

Notes: i. P/E Ratio has been computed based on the issue price of equity shares divided by the Post-Issue Diluted EPS as on period ended March 31, 2026

ii. Return on Net Worth (%) = Net profit after tax, as restated / Net worth as restated as at period/year end.

iii. NAV is computed as the closing net worth divided by the closing outstanding number of equity shares .

Anchor Investor Bidding Date: Not Applicable

Registrar: KFin Technologies Limited is a SEBI-registered registrar and share transfer agent (SEBI Registration No. INR000000221) headquartered in Hyderabad, Telangana. They handle IPO processing, share allotment, refund initiation, demat credit services, and investor grievance redressal for this offer. Investors may reach them at einward.ris@kfintech.com or +91 040-6716 2222.

Book Running Lead Managers: Marwadi Chandarana Intermediaries Brokers Private Limited

Business Model

The company earns its revenue by manufacturing and trading textile auxiliary chemicals. They engage in the supply and blending of a wide range of chemicals in the textile industry.

Vahh Chemicals Growth Trajectory

Vahh Chemicals’ Total Income for FY26 and FY25 was ₹43.189 crores and ₹23.747 crores, respectively. (Consolidated Data)

The Profit After Tax for FY26 and FY25 was ₹5.088 crores and ₹2.582 crores, respectively.

Their EBITDA for FY26 and FY25 was ₹8.226 crores and ₹4.677 crores, respectively.

Vahh Chemicals Market Position

As of 31 March 2026, the company’s Total Income, Profit After Tax, and EBITDA were ₹43.189 crores, ₹5.088 crores, and ₹8.226 crores, respectively.

How to apply for Vahh Chemicals IPO?

• Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.