Who is the CEO of Vahh Chemicals Ltd?
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Hiren Indravadan Desai is the Chairman and Managing Director of Vahh Chemicals Ltd.
Vahh Chemicals Ltd is an ISO 9001:2015-certified company engaged in the manufacturing, blending, supply, and trading of textile auxiliary chemicals used across various stages of textile processing. The Vahh Chemicals IPO is scheduled to open for subscription on June 4, 2026, and close on June 8, 2026. The public issue comprises 22,42,000 equity shares aggregating up to ₹13.45 crore and is priced at ₹60 per share. The company proposes to utilise the proceeds for working capital requirements, setting up a manufacturing facility in Surat, loan repayment, and general corporate purposes.
Vahh Chemicals Ltd is engaged in the manufacturing, supply, blending, and trading of textile auxiliary chemicals used across various stages of textile processing, including pre-treatment, dyeing, printing, and finishing. The company primarily serves dyeing and printing houses by offering customised chemical formulations designed to meet specific industrial requirements. Its product portfolio includes a range of textile chemicals and specialty solutions that help improve fabric performance and functionality. Through its operations in Surat, a prominent textile manufacturing centre, the company has established a presence within the textile processing ecosystem and caters to customers operating across different textile segments. The company operates through multiple business verticals, including chemical trading, customised blending solutions, and a nutraceutical business conducted through its subsidiary. Its focus on product formulation, quality maintenance, and customer-specific solutions supports its participation in the textile chemicals market.
Investors interested in applying for the Vahh Chemicals Ltd IPO can do so through the ASBA (Application Supported by Blocked Amount) facility available via net banking or through a registered stockbroker’s online trading platform. Applicants need to log in to their account, select the IPO from the list of available public issues, enter the bid quantity and price within the specified range, provide the required details, and submit the application. Once submitted, the application amount is blocked in the bank account until the allotment process is completed.
For more details, visit the Vahh Chemicals IPO page.
Details | Information |
IPO Date | June 4, 2026 to June 8, 2026 |
Issue Size | 22,42,000 shares (agg. up to ₹13.45 Cr) |
Issue Price | ₹60 per share |
Lot Size | 2,000 shares |
Listing At | BSE SME |
Market Maker | Mansi Share & Stock Broking Pvt. Ltd. |
Funding incremental working capital requirements of the company
Setting up a new manufacturing facility at Surat, Gujarat (“Proposed facility”)
Repayment of loan availed by the company
General corporate purposes
Event | Date |
|---|---|
IPO Open Date | Thu, Jun 4, 2026 |
IPO Close Date | Mon, Jun 8, 2026 |
Tentative Allotment | Tue, Jun 9, 2026 |
Initiation of Refunds | Wed, Jun 10, 2026 |
Credit of Shares to Demat | Wed, Jun 10, 2026 |
Tentative Listing Date | Thu, Jun 11, 2026 |
Cut-off time for UPI mandate confirmation | 5 PM on Mon, Jun 8, 2026 |
₹60 per share
Application | Lots | Shares | Amount |
Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,40,000 |
Individual investors (Retail) (Max) | 2 | 4,000 | ₹2,40,000 |
HNI (Min) | 3 | 6,000 | ₹3,60,000 |
The Vahh Chemicals IPO application process can be completed online through your trading platform. Below is a step-by-step guide to applying for the IPO:
Access your trading account using the trading platform.
Go to the IPO section to view active IPO listings.
Locate Vahh Chemicals IPO in the list of available IPOs and click the ‘Apply’ button.
Specify the number of shares (lot size: 2,000 shares) at the issue price of ₹60 per share.
Enter your UPI ID for payment authorisation and ensure sufficient funds in your bank account.
Review your application details and confirm the UPI mandate before 5 PM on the last application day.
Submit the application and monitor the allotment status to check if shares have been allocated to you.
The allocation of shares in the Vahh Chemicals IPO is structured across investor categories in line with applicable regulatory requirements. The issue provides defined reservations for qualified institutional buyers, non-institutional investors, and retail individual investors, with each category allotted a specified proportion of the net issue. This allocation framework outlines how the shares offered are distributed among different classes of investors.
Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
NII (HNI) Shares Offered | 10,64,000 | 50.00% | 47.46% |
Retail Shares Offered | 10,64,000 | 50.00% | 47.46% |
Firm Reservations | |||
Market Maker Shares Offered | 1,14,000 | - | 5.08% |
Total Shares Offered | 22,42,000 | 100.00% | 100.00% |
This structure reflects the allocation approach as disclosed in the issue documents, indicating the proportion of shares available to each investor category.
Total Assets: Grew from ₹39.28 crore in FY25 to ₹43.87 crore as of March 2026.
Total Income: Recorded at ₹43.19 crore in March 2026, as compared to ₹23.75 crore in FY25.
Profit After Tax (PAT): Reported at ₹5.09 crore in March 2026, and ₹2.58 crore in FY25.
Net Worth: Recorded at ₹14.92 crore in March 2026 compared to ₹6.87 crore in FY25.
Reserves & Surplus: Stood at ₹8.85 crore in March 2026, as compared to ₹1.50 crore in FY25.
Total Borrowings: Stood at ₹11.31 crore in March 2026, as compared to ₹11.25 crore in FY25.
EBITDA: Stood at ₹8.23 crore in March 2026 in comparison to ₹4.68 crore in FY25.
The company reported growth in its asset base during the latest reported period.
Income levels increased compared to the previous financial year, reflecting growth in reported revenue during the period.
Profitability improved during the period under review, supported by the company’s ongoing operations and business execution.
The company’s net worth strengthened, contributing to an enhanced capital position.
Growth in reserves and surplus reflects the accumulation of earnings within the business over the reported period.
Operating performance showed improvement, indicating increased contribution from core business activities.
Borrowings remained relatively stable, suggesting a consistent approach towards debt management while supporting business operations.
The company continues to focus on its textile chemical business, including customised formulations and specialty chemical solutions for textile processing applications.
Its presence in Surat’s textile ecosystem and established relationships with dyeing and printing houses may support future business opportunities.
The diversified business structure, which includes textile chemicals and nutraceutical products through its subsidiary, provides exposure to multiple operating segments.
The company’s operations are closely linked to the textile industry, which means changes in demand from textile manufacturers, dyeing units, and printing houses could influence business activity and revenue generation.
A significant portion of the IPO proceeds is proposed to be utilised for setting up a new manufacturing facility and funding working capital requirements. Any delays in project execution, operational ramp-up, or utilisation of the facility could affect the intended objectives of the issue.
The company offers customised textile chemical formulations and specialty chemical solutions across multiple textile processing stages. Its established presence in Surat and relationships within the textile ecosystem may support business expansion opportunities in the textile chemicals segment.
The proposed manufacturing facility, combined with the company’s focus on product development, blending capabilities, and diversified operations that include a nutraceutical business through its subsidiary, may support expansion of operating capacity.
KPI | Mar 31, 2026 | Mar 31, 2025 |
ROE | 34.11% | 65.40% |
ROCE | 31.76% | 25.72% |
Debt/Equity | 0.76 | 1.64 |
RoNW | 32.21% | 38.52% |
PAT Margin | 11.79% | 10.87% |
EBITDA Margin | 19.06% | 19.69% |
Price to Book Value | 2.44 | 4.69 |
Registrar | Lead Manager(s) |
|---|---|
Kfin Technologies Ltd. | Marwadi Chandarana Intermediaries Brokers Pvt. Ltd. |
Plot 2/5198 ETC, 5th Floor, 5003,
World Trade Centre, Near Udhna Darawaja
Ring Road,
Surat, Gujarat, 395002
Phone: +91 26 1234 4045
Email: accounts@divinenutrition.in
Website: https://vahhchemicals.com/
Interested in more opportunities? Check out our Upcoming IPO section for new listings and don’t forget to check your Vahh Chemicals IPO allotment status.
Hiren Indravadan Desai is the Chairman and Managing Director of Vahh Chemicals Ltd.
The Vahh Chemicals IPO is scheduled to open for subscription on June 4, 2026, and will close on June 8, 2026. Eligible investors can submit their applications during this period through the ASBA facility or a registered trading platform.
Vahh Chemicals Ltd is engaged in the manufacturing, blending, supply, and trading of textile auxiliary chemicals used in textile processing activities such as pre-treatment, dyeing, printing, and finishing. The company also offers customised chemical formulations and specialty textile chemicals. The long-term sustainability of its business model will depend on factors such as demand from the textile industry, customer relationships, operational efficiency, product development, and market conditions. As with any business, future performance cannot be assured.
The Vahh Chemicals IPO comprises 22,42,000 equity shares with an aggregate issue size of up to ₹13.45 crore. The shares are being offered at an issue price of ₹60 per share.
The pre-apply facility allows investors to submit an IPO application before the issue opens for subscription. The application is generally processed once the IPO becomes available for bidding. Investors must still complete the required payment authorisation process within the prescribed timeline.
The lot size for the Vahh Chemicals IPO is 2,000 shares. Retail investors are required to apply for a minimum of two lots, which amounts to 4,000 shares. Based on the issue price of ₹60 per share, the minimum application amount for retail investors is ₹2,40,000.
The tentative basis of allotment for the Vahh Chemicals IPO is scheduled to be finalised on June 9, 2026. Investors can check their allotment status after the registrar completes the allotment process.
Kfin Technologies Ltd has been appointed as the registrar to the Vahh Chemicals IPO. The registrar is responsible for processing IPO applications, finalising allotments, handling refunds where applicable, and addressing investor-related queries regarding the issue.
There are no publicly stated governance issues or red flags highlighted. Investors may review the offer documents, including sections on management, board composition, and risk factors, for detailed and verified disclosures.
Investors can apply for the Vahh Chemicals IPO through the ASBA facility available via net banking or through a registered stockbroker’s trading platform. The process generally involves logging into the trading or banking account, selecting the IPO, entering the desired bid quantity, providing a valid UPI ID where applicable, authorising the payment mandate, and submitting the application before the issue closes.
Yes, a valid Demat account is generally required to apply for an IPO in India. Shares allotted through the IPO are credited electronically to the investor’s Demat account before listing.
After the allotment process is completed, investors can check the allotment status through the registrar’s website or through the relevant stock exchange platform. If shares are allotted, they will be credited to the investor’s Demat account. In cases where shares are not allotted, the blocked funds are released in accordance with the applicable process.
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