31 Mar 2025
Assets39.28
Total Income23.75
EBITDA4.68
Profit After Tax2.58
NET Worth6.87
Reserves and Surplus1.50
Total Borrowing11.25
At a glance
Updated 2026-09-09The shares listed at ₹70.00, a 16.67% move from the issue price. Vahh Chemicals is a SME IPO with an issue size of ₹13.45 crore, proposed for listing on BSE SME. The offer opens on 4th Jun 2026 and closes on 8th Jun 2026. The issue structure includes a fresh issue of ₹12.77 crore. The current listing schedule points to 11th Jun 2026.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹13.45 Cr
Fresh issue₹12.77 Cr
Face value₹10
Price band—–—
Allotment9th Jun 2026
Listing11th Jun 2026
Listing performance
Full performance ↗Issue price₹60.00
Listing price₹70.00
Current price—
Listing gain16.67%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹5.25
GMP / upper priceNO DATA
Est. listing₹65.25
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens4th Jun 2026
Closes8th Jun 2026
Allotment9th Jun 2026
Refund10th Jun 2026
Demat10th Jun 2026
Listing11th Jun 2026
Subscription demand
Full bidding ↗Retail100.18×
Total87.17×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 4000 | — |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding incremental working capital requirements of Company | ₹5.84 Cr |
| Setting up a new manufacturing facility at Surat, Gujarat (Proposed facility) | ₹1.93 Cr |
| Repayment of loan availed by Company | ₹1.84 Cr |
| General Corporate Purposes | ₹2.02 Cr |
| Issue expenses | ₹1.82 Cr |
| Total | ₹13.45 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue43.19₹ Cr · +81.9% vs prior year
EBITDA8.23₹ Cr · +75.9% vs prior year
PAT5.09₹ Cr · +97.3% vs prior year
Assets43.87₹ Cr · +11.7% vs prior year
Net Worth14.92₹ Cr · +117.2% vs prior year
Borrowing11.31₹ Cr · +0.5% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2026
Assets43.87
Total Income43.19
EBITDA8.23
Profit After Tax5.09
NET Worth14.92
Reserves and Surplus8.85
Total Borrowing11.31
KPIs
| KPI | Mar 31, 2025 | Mar 31, 2026 |
|---|---|---|
| ROE | 65.40% | 34.11% |
| ROCE | 25.72% | 31.76% |
| Debt / Equity | 1.64% | 0.76% |
| RoNW | 38.52% | 32.21% |
| PAT Margin | 10.87% | 11.79% |
| EBITDA Margin | 19.69% | 19.06% |
| Price to Book Value | 4.69 | 2.44 |
Valuation & shareholding
Pre-IPO EPS8.39
Post-IPO EPS6.13
Pre-IPO P/E7.15
Post-IPO P/E9.79
Promoter holding pre88.52%
Promoter holding post64.63%
Market cap₹49.84 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Vahh Chemicals IPO | — | 11.99 x | — | — |
| Ashutosh Fibre IPO | — | 12.55 x | — | — |
| Madhur Knit IPO | — | 13.35 x | — | — |
| Fascinate Textiles IPO | — | 36.97 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Funding incremental working capital requirements of Company | ₹5.84 Cr |
| Setting up a new manufacturing facility at Surat, Gujarat (Proposed facility) | ₹1.93 Cr |
| Repayment of loan availed by Company | ₹1.84 Cr |
| General Corporate Purposes | ₹2.02 Cr |
| Issue expenses | ₹1.82 Cr |
| Total | ₹13.45 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- Marwadi Chandarana Intermediaries Brokers...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-09.
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