Issue Price
₹60
Per Share
GMP
+₹11
+18.33% Grey Market
Est. Listing
₹71
Expected Price
Min. Application
₹240,000
2 lots × 2000 shares
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:Trading– Distribution of textile chemicals for pre-treatment, dyeing, and finishing.Blending– Customized chemical blends to enhance textile quality.Nutrition– Nutraceutical products developed and marketed by subsidiary, "HSHS Nutraceuticals Limited" which markets products under the brand “Divine Nutrition”. These products are sold across India through online platforms, supplement stores, and gym distributorsCompetitive strengthsLong standing relationships with a diversified customer base.Business Model focused on customized solutions and strong customer relationships.Experienced Promoters and management team.
Vahh Chemicals Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| NII / HNI | 1,064,000 | — | ₹6.38 Cr | 74.08x |
| Retail (RII) | 1,064,000 | — | ₹6.38 Cr | 100.18x |
| Market Maker | 114,000 | — | ₹0.68 Cr | — |
| TOTAL | 2,128,000 | 100.00% | ₹12.77 Cr | 87.17x |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹120,000 |
| Retail (Max) | 13 | 26,000 | ₹1,560,000 |
| sNII (Min) | 14 | 28,000 | ₹1,680,000 |
| bNII (Min) | 68 | 136,000 | ₹8,160,000 |
| Particulars | 30 Sep 2025 | 31 Mar 2025 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | 16.53 | 23.75 | N/A |
| EBITDA | 3.39 | 4.68 | N/A |
| Profit After Tax (PAT) | 2.08 | 258.01 | N/A |
| Net Worth | 12.01 | 6.87 | N/A |
| Total Assets | 42.31 | 39.28 | N/A |
| Reserves & Surplus | 5.95 | 1.50 | N/A |
| Total Borrowings | 7.93 | 11.25 | N/A |