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VAHH · BSE · Specialty Chemicals
Vahh Chemicals IPO listed on 11 Jun 2026 on BSE at ₹70.00, a gain of 16.67% over the issue price of ₹60.00. The IPO was subscribed 87.12x overall.
Vahh Chemicals IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 04 Jun 2026 |
| IPO Close Date | 08 Jun 2026 |
| Basis of Allotment | 09 Jun 2026 |
| Initiation of Refunds | 10 Jun 2026 |
| Credit of Shares to Demat | 10 Jun 2026 |
| Listing Date | 11 Jun 2026 |
Listing day gain
+16.67%
Listed at ₹70 (issue ₹60)
Issue
₹60
Listing
₹70
Current
₹66.5
+10.83% vs issue
Day range
₹66.5 – ₹71
Issue Size
2,242,000 shares
(aggregating up to ₹13.00 Cr)
Issue Price
₹60 – ₹60
Face Value
₹10/share
Market Lot
2,000 shares
Retail Min Investment
₹240,000
Listing At
BSE
Sale Type
fresh issue
Fresh Issue
2,128,000 shares
(aggregating up to ₹12 Cr)
Offer for Sale
[.]
Reserved for Market Maker
114,000 shares
(aggregating up to ₹0.68 Cr)
Issue Type
fixed price
Open Date
04 Jun
Close Date
08 Jun
Allotment
09 Jun
Listing
11 Jun
Last updated: 3 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 10 Jun 2026 Latest | ₹60 | ₹3 | ₹63 | ₹3 |
5%
|
5:29 PM |
| 09 Jun 2026 | ₹60 | ₹6 | ₹66 | ₹6 |
10%
|
3:33 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 08 Jun 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| NII | 74.07x | - |
| Individual Investors | 100.17x | - |
| Total | 87.12x | - |
Showing the latest subscription snapshot.
View full subscription historyHiren Indravadan Desai, Hetal Hirenbhai Desai, and Aayush Hiren Desai are the promoters of the Company
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹240,000 |
| Retail (Max) | 2 | 4,000 | ₹240,000 |
| S-HNI (Min) | 3 | 6,000 | ₹360,000 |
| S-HNI (Max) | 8 | 16,000 | ₹960,000 |
| B-HNI (Min) | 9 | 18,000 | ₹1,080,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| NII (HNI) Shares Offered | 1,064,000 (47.46%) |
| Individual Investors Shares Offered | 1,064,000 (47.46%) |
| Market Maker Shares Offered | 114,000 (5.08%) |
| Total Shares Offered | 2,242,000 (100.00%) |
Vahh Chemicals Limited is a Surat-based chemical company incorporated in December 2019, rooted in the textile-rich landscape of Gujarat. The story behind the company is essentially a family one promoter Hiren Desai spent over a decade building expertise in chemical trading and textile auxiliaries through smaller proprietorships before formalizing operations under a corporate structure.
The company focuses on manufacturing basic chemicals, particularly auxiliary chemicals used in dyeing and printing processes a niche but essential segment given Surat's status as India's textile hub. In September 2024, the company absorbed two promoter-owned proprietary firms, M/s Aayush Chemical and M/s Aayush Bio-Energy, consolidating the group's assets under one roof.
Beyond chemicals, the family has diversified into nutraceuticals through a subsidiary, HSHS Nutraceuticals Limited, which markets health supplements under the brand "Divine Nutrition" through online platforms and gym distributors, with ambitions to expand into the US and Gulf markets.
The company is relatively small with just 7 employees on record and a revenue of around ₹5 crore but it's an active, compliant public limited entity. With second-generation promoter Aayush Hiren Desai now involved in leadership, the company appears to be quietly building its foundation for future growth.
Standalone · ₹ in Crores
| Particulars | FY 2025 |
|---|---|
| Total Revenue | 23.75 |
| Profit After Tax (PAT) | 2.58 |
| EBITDA | 4.68 |
| Total Assets | 39.28 |
| Net Worth | 6.87 |
| Reserves & Surplus | 1.5 |
| Total Borrowing | 11.25 |
Revenue & Profit Trend
The basis of allotment for Vahh Chemicals IPO was finalised on 09 Jun 2026. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Vahh Chemicals IPO is expected to open in Jun 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Vahh Chemicals IPO is ₹60.00 - ₹60.00 per share.
As per market sources, Vahh Chemicals IPO GMP is currently ₹3.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Vahh Chemicals IPO stands at 87.12x overall.
The listing date for Vahh Chemicals IPO is 11 Jun 2026.
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