Vahh Chemicals IPO: Issue subscribed 77% so far on first bidding day. Check GMP, issue details

The Vahh Chemicals IPO opened for subscription on Thursday, 4 June and will close on Monday, 8 June. The SME issue is priced at 60 per equity share, with a face value of 10 per share. Vahh Chemicals IPO GMP is 11.

Dhanya Nagasundaram
Published4 Jun 2026, 02:01 PM IST
 Vahh Chemicals IPO opened for subscription on Thursday, 4 June and will close on Monday, 8 June
Vahh Chemicals IPO opened for subscription on Thursday, 4 June and will close on Monday, 8 June

The Vahh Chemicals IPO opened for subscription on Thursday, 4 June and will close on Monday, 8 June. The SME issue is priced at 60 per equity share, with a face value of 10 per share.

Retail investors can bid for a minimum lot of 4,000 shares, which translates into an investment of approximately 2.4 lakh. For high-net-worth individuals (HNIs), the minimum application size is 6,000 shares, requiring an investment of around 3.6 lakh.

Vahh Chemicals is an ISO 9001:2015-certified company engaged in the manufacturing, supply, and trading of textile auxiliary chemicals used across the textile processing value chain. The company offers a broad portfolio of products for pre-treatment, dyeing, printing, and finishing applications, catering primarily to dyeing and printing houses with customised chemical formulations.

As of September 30, 2025, Vahh Chemicals had 92 stock-keeping units (SKUs) serving various textile substrates, including cotton, polyester, silk, and synthetic blends. Its product range also includes speciality chemicals that provide functional properties such as water repellency, flame resistance, antimicrobial protection, UV shielding, and wrinkle-free finishes.

The company operates through three business segments—trading, customised chemical blending, and nutrition. Its nutrition business is conducted through subsidiary HSHS Nutraceuticals Limited, which markets health supplements under the "Divine Nutrition" brand across India.

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Vahh Chemicals IPO GMP today

Vahh Chemicals IPO GMP is 11. Considering the upper end of the IPO price band and the current grey-market premium, the estimated listing price of Vahh Chemicals shares is 71 apiece, which is 18.33% above the IPO price of 60.

Based on grey-market activity over the last eight sessions, today's IPO GMP is showing an upward trend and is anticipated to have a robust listing. The minimum GMP recorded is 0.00, whereas the maximum GMP is 15, according to analysts.

Vahh Chemicals IPO Subscription Status

Vahh Chemicals IPO subscription status was 77% on day 1, so far. The retail portion was subscribed to at 68%, and the NII portion was booked at 85%.

The company has received bids for 16,32,000 shares against 21,28,000 shares on offer at 13:59 IST, according to chittorgarh.com

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Vahh Chemicals IPO details

Vahh Chemicals IPO is a fixed-price offering that raises 13.45 crore and comprises solely of a fresh issuance of 22.42 lakh shares.

According to the company, the funds generated from the IPO will be allocated for working capital needs and general corporate purposes. Marwadi Chandarana Intermediaries Brokers serves as the book-running lead manager for the issue, while Kfin Technologies acts as the registrar. Mansi Share & Stock Broking functions as the market maker.

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Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.

About the Author

Dhanya Nagasundaram works as a Content Producer at LiveMint, specializing in news related to financial markets, stocks, and business. With over eight years of experience in journalism and content creation, she has honed her skills in data-driven reporting and market analysis. Her focus is on monitoring stock trends, initial public offerings (IPOs), corporate news, policy shifts, and larger economic trends that affect investors and market players. <br><br> At LiveMint, Dhanya consistently writes and produces articles that make complex financial topics accessible to readers. She keeps a close eye on equity markets, commodities, and macroeconomic indicators, assisting audiences in comprehending how global and domestic events influence investment perspectives. Her stories frequently underscore emerging trends within sectors, the IPO market, company earnings results, and market strategies pertinent to both retail and institutional investors. <br><br> Before her tenure at LiveMint, Dhanya accumulated a wealth of professional experience at various companies, including MintGenie, Informist, Cogenics, Chary Publications, KPMG, and the Royal Bank of Scotland. These positions allowed her to establish a solid foundation in financial research, reporting, and content creation. <br><br> Throughout her career, she has explored numerous subjects such as trading strategies, commodities, IPOs, wealth generation, corporate profits, and macroeconomic indicators. Her background in both financial journalism and corporate settings has given her the ability to tackle stories with analytical rigor while ensuring clarity for her audience. Through her contributions, Dhanya strives to deliver insightful, trustworthy, and investor-centric financial content.

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