Vahh Chemicals came to market through an SME IPO that opened on 4 June 2026 and closed on 8 June 2026, and the shares listed on 11 June 2026 on BSE SME. The price band was ₹60 per share and one lot was 2000 shares, so the minimum application was ₹1,20,000. The issue size was ₹13.45 crore. The whole issue was fresh shares, so the money raised went to the company.
Kfin Technologies Limited was the registrar to the issue, and Marwadi Chandarana Intermediaries Brokers Pvt.Ltd was the lead manager.
As of 8 June 2026.
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Incorporated in 2019, Vahh Chemicals is an ISO 9001:2015 certification firm providing services related to the manufacture, supply, and trade of textile auxiliaries. They manufacture a variety of textile chemicals used in pre-treatment, dyeing, printing, and finishing processes. The company’s primary clients include dyeing and printing houses while also providing customized formulations as per the clients’ requirements. As of September 30, 2025, they currently have 92 SKUs catering to different textile substrates such as cotton, polyester, silk, and synthetic fabrics.
In addition, they offer functional chemicals that can help make textiles water-resistant, fire-retardant, anti-microbial, UV resistant, and wrinkle-free. Their business model is largely B2B-based, having an operational facility of about 301.25 sq.m with a robust distribution channel in Surat. The business runs on the following three segments: Trading - Trading of textile chemicals used for pre-treatment, dyeing, and finishing. Blending - Blending of chemicals tailored to increase the quality of textiles.
Nutrition – Developing and marketing nutraceuticals through our subsidiary firm, “HSHS Nutraceuticals Limited”, which sells its product under the brand 'Divine Nutrition' throughout India via online portals, supplement centers, and gym distributors.
As described in the offer document.
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Hiren Indravadan Desai, Hetal Hirenbhai Desai, Aayush Hiren Desai. Promoter holding 88.52% before the issue and 64.63% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
Vahh Chemicals IPO was a ₹13.45 crore fixed-price issue, made up entirely of a fresh issue. It was priced at ₹60 per share with a lot size of 2,000 shares; the minimum retail application was 4,000 shares (₹2,40,000). The IPO was open from June 4 to June 8, 2026 and was subscribed 87.22x. Shares listed on BSE SME on June 11, 2026 at ₹70, a 16.7% premium to the issue price of ₹60. Kfin Technologies Limited is the registrar.
Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. is the book running lead manager.
The issue price of Vahh Chemicals IPO is ₹60 per share (fixed price).
The lot size of Vahh Chemicals IPO is 2000 shares.
The minimum investment for Vahh Chemicals IPO is approximately ₹2,40,000 based on the issue price.
The allotment date of Vahh Chemicals IPO is Jun 9, 2026.
Vahh Chemicals IPO's final recorded GMP before listing was ₹4 per share (a 7% premium over the ₹60 upper price band). The shares listed at ₹70. GMP is unofficial and does not forecast or guarantee the actual listing price.
You can check Vahh Chemicals IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Vahh Chemicals IPO allotment status on Rupix for quick and easy access.
₹60 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 2000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,20,000. After listing, SME shares also trade in lots rather than one share at a time.
₹1,20,000, for one lot of 2000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 4 June 2026 and closed on 8 June 2026.
The basis of allotment was published on 9 June 2026 by Kfin Technologies Limited, and allotted shares were credited to demat accounts before listing.
The shares listed on 11 June 2026 on BSE SME.
The issue size was ₹13.45 crore. The fresh issue was 22,42,000 shares (aggregating up to ₹13.45 crore).