{"id":107768,"date":"2026-06-05T09:50:59","date_gmt":"2026-06-05T04:20:59","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=107768"},"modified":"2026-06-05T09:51:02","modified_gmt":"2026-06-05T04:21:02","slug":"vahh-chemicals-ipo-gmp-day-2-june-5-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/vahh-chemicals-ipo-gmp-day-2-june-5-2026\/","title":{"rendered":"Vahh Chemicals IPO GMP Day 2 on 5 June 2026: Rs 11 Grey Market Premium Signals 18.3% Expected Listing Gain on BSE SME"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Vahh Chemicals IPO GMP Day 2 (June 5): Rs 11\/share. Expected listing ~Rs 71 (+18.3%). Fixed price Rs 60. Issue Rs 13.45 Cr. Closes June 8. Listing June 11 BSE SME.<\/em><\/p>\n<p>The Vahh Chemicals IPO GMP is grabbing the attention of IPO investors on 5 June 2026, as the Day 2 of the public issue shows Day 2 activity with GMP of Rs 11 reflecting steady initial interest.<\/p>\n<p>Vahh Chemicals Limited, incorporated in 2019 and headquartered in Gujarat, manufactures and trades textile auxiliary chemicals for India&#8217;s large textile processing industry. The Vahh Chemicals IPO is backed by a young but rapidly growing business that formulates and supplies chemical solutions for different stages of fabric processing, including pre-treatment, dyeing, printing, and finishing. Its clients are primarily dyeing and printing houses across India&#8217;s textile manufacturing clusters in Gujarat, Maharashtra, and Rajasthan. The company also offers customised chemical blends to meet specific technical requirements of clients. The Vahh Chemicals IPO GMP of Rs 11 reflects the market&#8217;s initial assessment of this young but high-growth chemical company.<\/p>\n<p>The grey market premium (GMP) for Vahh Chemicals IPO GMP is currently Rs 11 per share, indicating an expected listing price of approximately Rs 71 against the upper price band of Rs 60 per share (fixed price, no band) per share, implying a potential listing gain of approximately 18.3%.<\/p>\n<p>Investors must note that grey market premium is an unofficial, unregulated indicator that is not governed by SEBI. GMP fluctuates daily based on investor sentiment, subscription data, and broader market conditions. The Vahh Chemicals IPO GMP grey market premium should be used as one data point. Investors tracking the Vahh Chemicals IPO GMP among many in the investment decision process, not as the primary factor. Investors should review the full prospectus before applying for the Vahh Chemicals IPO GMP. This does not constitute investment advice.<\/p>\n<p style=\"margin-top: 24px; margin-bottom: 16px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=vahh-chemicals-ipo-gmp-day-2-j-ipo\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/vahh-chemicals-ipo-gmp-day-2-june-5-2026\/#Vahh_Chemicals_IPO_GMP_Key_IPO_Details_on_5_June_2026\" title=\"Vahh Chemicals IPO GMP: Key IPO Details on 5 June 2026\">Vahh Chemicals IPO GMP: Key IPO Details on 5 June 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/vahh-chemicals-ipo-gmp-day-2-june-5-2026\/#What_Is_Vahh_Chemicals_Limited_and_What_Does_It_Do\" title=\"What Is Vahh Chemicals Limited and What Does It Do?\">What Is Vahh Chemicals Limited and What Does It Do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/vahh-chemicals-ipo-gmp-day-2-june-5-2026\/#Vahh_Chemicals_IPO_GMP_Financial_Performance\" title=\"Vahh Chemicals IPO GMP: Financial Performance\">Vahh Chemicals IPO GMP: Financial Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/vahh-chemicals-ipo-gmp-day-2-june-5-2026\/#Vahh_Chemicals_IPO_GMP_Use_of_IPO_Proceeds\" title=\"Vahh Chemicals IPO GMP: Use of IPO Proceeds\">Vahh Chemicals IPO GMP: Use of IPO Proceeds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/vahh-chemicals-ipo-gmp-day-2-june-5-2026\/#Vahh_Chemicals_IPO_GMP_Promoters_and_Shareholding\" title=\"Vahh Chemicals IPO GMP: Promoters and Shareholding\">Vahh Chemicals IPO GMP: Promoters and Shareholding<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/vahh-chemicals-ipo-gmp-day-2-june-5-2026\/#Key_Risks_to_the_Vahh_Chemicals_IPO_GMP\" title=\"Key Risks to the Vahh Chemicals IPO GMP\">Key Risks to the Vahh Chemicals IPO GMP<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/vahh-chemicals-ipo-gmp-day-2-june-5-2026\/#Should_You_Apply_for_the_Vahh_Chemicals_IPO_GMP\" title=\"Should You Apply for the Vahh Chemicals IPO GMP?\">Should You Apply for the Vahh Chemicals IPO GMP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/vahh-chemicals-ipo-gmp-day-2-june-5-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/vahh-chemicals-ipo-gmp-day-2-june-5-2026\/#Frequently_Asked_Questions_on_Vahh_Chemicals_IPO_GMP\" title=\"Frequently Asked Questions on Vahh Chemicals IPO GMP\">Frequently Asked Questions on Vahh Chemicals IPO GMP<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/vahh-chemicals-ipo-gmp-day-2-june-5-2026\/#What_is_the_Vahh_Chemicals_IPO_GMP_today_on_5_June_2026\" title=\"What is the Vahh Chemicals IPO GMP today on 5 June 2026?\">What is the Vahh Chemicals IPO GMP today on 5 June 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/vahh-chemicals-ipo-gmp-day-2-june-5-2026\/#What_is_the_Vahh_Chemicals_IPO_issue_price_and_minimum_investment\" title=\"What is the Vahh Chemicals IPO issue price and minimum investment?\">What is the Vahh Chemicals IPO issue price and minimum investment?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/vahh-chemicals-ipo-gmp-day-2-june-5-2026\/#What_business_does_Vahh_Chemicals_operate\" title=\"What business does Vahh Chemicals operate?\">What business does Vahh Chemicals operate?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/vahh-chemicals-ipo-gmp-day-2-june-5-2026\/#What_are_the_Vahh_Chemicals_financial_highlights_ahead_of_the_IPO\" title=\"What are the Vahh Chemicals financial highlights ahead of the IPO?\">What are the Vahh Chemicals financial highlights ahead of the IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/vahh-chemicals-ipo-gmp-day-2-june-5-2026\/#What_are_the_risks_of_investing_in_the_Vahh_Chemicals_IPO\" title=\"What are the risks of investing in the Vahh Chemicals IPO?\">What are the risks of investing in the Vahh Chemicals IPO?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Vahh_Chemicals_IPO_GMP_Key_IPO_Details_on_5_June_2026\"><\/span><strong>Vahh Chemicals IPO GMP: Key IPO Details on 5 June 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Parameter<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Company<\/td>\n<td><strong>Vahh Chemicals Limited<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue Type<\/td>\n<td>Fixed Price Issue, 100% Fresh Issue (no OFS)<\/td>\n<\/tr>\n<tr>\n<td>Exchange<\/td>\n<td>BSE SME<\/td>\n<\/tr>\n<tr>\n<td>Issue Size<\/td>\n<td>Rs 13.45 crore<\/td>\n<\/tr>\n<tr>\n<td>Price Band \/ Issue Price<\/td>\n<td>Rs 60 per share (fixed price, no band)<\/td>\n<\/tr>\n<tr>\n<td>Face Value<\/td>\n<td>Rs 10 per share<\/td>\n<\/tr>\n<tr>\n<td>Lot Size<\/td>\n<td>2,000 shares (minimum 2 lots = 4,000 shares for retail)<\/td>\n<\/tr>\n<tr>\n<td>Minimum Investment<\/td>\n<td>Rs 2,40,000 (retail, 2 lots at Rs 60)<\/td>\n<\/tr>\n<tr>\n<td>Open Date<\/td>\n<td>June 4, 2026<\/td>\n<\/tr>\n<tr>\n<td>Close Date<\/td>\n<td>June 8, 2026<\/td>\n<\/tr>\n<tr>\n<td>Allotment Date<\/td>\n<td>June 9, 2026<\/td>\n<\/tr>\n<tr>\n<td>Listing Date<\/td>\n<td>June 11, 2026 (BSE SME)<\/td>\n<\/tr>\n<tr>\n<td>Issue Structure<\/td>\n<td>100% Fresh Issue; Retail 50%, HNI\/NII 50%, QIB 0%<\/td>\n<\/tr>\n<tr>\n<td>Book Running Lead Manager<\/td>\n<td>Marwadi Chandarana Intermediaries Brokers Pvt Ltd<\/td>\n<\/tr>\n<tr>\n<td>Registrar<\/td>\n<td>KFin Technologies Limited<\/td>\n<\/tr>\n<tr>\n<td>GMP (5 June 2026)<\/td>\n<td><strong>Rs 11 per share<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Expected Listing Price<\/td>\n<td>~Rs 71<\/td>\n<\/tr>\n<tr>\n<td>Expected Listing Gain<\/td>\n<td>~18.3% above issue price<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div style=\"background: #E8EAFF; border-radius: 14px; padding: 28px 32px 24px 32px; margin: 24px 0; font-family: -apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,sans-serif; cursor: pointer; max-width: 100%; box-sizing: border-box;\">\n<p style=\"font-size: 20px; font-weight: bold; color: #0a0a23; margin: 0 0 12px 0; line-height: 1.3;\">Check Live IPO Subscription and Allotment on Univest<\/p>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 14px 0; line-height: 1.6;\">Track all open IPOs, subscription rates, GMP trends and allotment status in real time.<\/p>\n<ul style=\"margin: 0 0 16px 20px; padding: 0; color: #3a3a5c; font-size: 15px; line-height: 1.8;\">\n<li>Live GMP and subscription data for all open IPOs<\/li>\n<li>Allotment status checker and listing day alerts<\/li>\n<li>IPO research and expert analysis on every issue<\/li>\n<\/ul>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 20px 0;\">Access IPO research and insights on Univest<\/p>\n<p><a style=\"display: inline-block; background: #3B7FFF; color: #fff; font-size: 15px; font-weight: 600; padding: 13px 28px; border-radius: 50px; letter-spacing: 0.2px; text-decoration: none;\" href=\"https:\/\/univest.in\/user\/ipo\" target=\"_blank\" rel=\"noopener\">Track IPOs \u2192<\/a><\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_Vahh_Chemicals_Limited_and_What_Does_It_Do\"><\/span><strong>What Is Vahh Chemicals Limited and What Does It Do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Vahh Chemicals Limited, incorporated in 2019 and headquartered in Gujarat, manufactures and trades textile auxiliary chemicals for India&#8217;s large textile processing industry. The Vahh Chemicals IPO is backed by a young but rapidly growing business that formulates and supplies chemical solutions for different stages of fabric processing, including pre-treatment, dyeing, printing, and finishing. Its clients are primarily dyeing and printing houses across India&#8217;s textile manufacturing clusters in Gujarat, Maharashtra, and Rajasthan. The company also offers customised chemical blends to meet specific technical requirements of clients. The Vahh Chemicals IPO GMP of Rs 11 reflects the market&#8217;s initial assessment of this young but high-growth chemical company.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Vahh_Chemicals_IPO_GMP_Financial_Performance\"><\/span><strong>Vahh Chemicals IPO GMP: Financial Performance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Vahh Chemicals IPO financial profile shows extraordinary growth. Revenue grew approximately 82% between FY25 and FY26, while profit after tax grew approximately 97% over the same period, demonstrating significant operating leverage as the business scaled. FY25 revenue was Rs 23.75 crore and FY25 PAT was Rs 2.58 crore. FY26 financials (with 82% revenue growth) are the most recent period and are the key basis for the Vahh Chemicals IPO GMP and valuation assessment. Since the Vahh Chemicals IPO is a 100% fresh issue, all Rs 13.45 crore of proceeds will flow to the company rather than to selling shareholders.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Vahh_Chemicals_IPO_GMP_Use_of_IPO_Proceeds\"><\/span><strong>Vahh Chemicals IPO GMP: Use of IPO Proceeds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Vahh Chemicals IPO proceeds of Rs 13.45 crore will be entirely directed to the company&#8217;s balance sheet. The company intends to use the funds for expanding manufacturing capacity, working capital requirements, and general corporate purposes as detailed in the Draft Red Herring Prospectus. Since the Vahh Chemicals IPO is a fixed price issue (not book-built), the full amount of Rs 13.45 crore is raised at a fixed price of Rs 60 per share.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Vahh_Chemicals_IPO_GMP_Promoters_and_Shareholding\"><\/span><strong>Vahh Chemicals IPO GMP: Promoters and Shareholding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Vahh Chemicals IPO promoters are Hiren Indravadan Desai, Hetal Hirenbhai Desai, and Aayush Hiren Desai. The Desai family promoters have built Vahh Chemicals from its incorporation in 2019 to a business with Rs 23.75 crore revenue and Rs 2.58 crore PAT in FY25. The market maker for the Vahh Chemicals IPO is Mansi Share and Stock Broking Pvt Ltd, which will provide liquidity on BSE SME post-listing.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_the_Vahh_Chemicals_IPO_GMP\"><\/span><strong>Key Risks to the Vahh Chemicals IPO GMP<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Key risks to the Vahh Chemicals IPO include: very young company (incorporated 2019) with limited track record; the textile chemicals segment is highly fragmented with numerous domestic and global players; extraordinary FY25-FY26 revenue growth of 82% may not be sustainable; the fixed price issue structure does not allow price discovery through book-building; BSE SME listing has limited liquidity; and the minimum retail investment of Rs 2,40,000 creates concentration risk for retail investors. This does not constitute investment advice.<\/p>\n<p style=\"margin-top: 24px; margin-bottom: 16px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Vahh Chemicals IPO GMP GMP updates, subscription data and listing alerts.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Should_You_Apply_for_the_Vahh_Chemicals_IPO_GMP\"><\/span><strong>Should You Apply for the Vahh Chemicals IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The decision to apply for the Vahh Chemicals IPO GMP should be based on a thorough review of the company&#8217;s financials, business model, valuation, and risk factors as disclosed in the Red Herring Prospectus. The Vahh Chemicals IPO GMP of Rs 11 provides some indication of grey market sentiment, but GMP is unofficial and can change rapidly. Investors should evaluate the Vahh Chemicals IPO GMP valuation against listed peers, assess the promoter track record, and consider whether the business has durable competitive advantages before applying. This article is for educational purposes only and does not constitute investment advice. Consult a SEBI-registered financial advisor before making any investment decision related to the Vahh Chemicals IPO GMP.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Vahh Chemicals IPO GMP on 5 June 2026 is in its day 2 with subscription data and a GMP of Rs 11 (expected listing gain ~18.3%). The Vahh Chemicals IPO GMP issue closes on June 8, 2026, with allotment expected on June 9, 2026 and listing on June 11, 2026 (BSE SME). Investors should review the Vahh Chemicals IPO GMP prospectus, compare the valuation with listed peers, and make an informed decision based on their own risk appetite and investment horizon. This does not constitute investment advice.<\/p>\n<p><em>Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice.<\/em><\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 20px 24px; margin: 32px 0;\">\n<p style=\"color: #ffffff; font-size: 14px; line-height: 1.8; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> The securities quoted, if any, are for illustration purposes only and are not recommendatory. This article is for educational purposes only and shall not be considered as investment advice or a recommendation by Univest (Uniresearch Global Pvt Ltd, SEBI Registered Research Analyst INH000013776). Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI in no way guarantees the performance of the intermediary or provides any assurance of returns to investors. Past performance is not indicative of future results.<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Vahh_Chemicals_IPO_GMP\"><\/span><strong>Frequently Asked Questions on Vahh Chemicals IPO GMP<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Vahh_Chemicals_IPO_GMP_today_on_5_June_2026\"><\/span><strong>What is the Vahh Chemicals IPO GMP today on 5 June 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Vahh Chemicals IPO GMP today on 5 June 2026 stands at Rs 11 per share. Based on this GMP, the expected listing price for Vahh Chemicals is approximately Rs 71, against the fixed issue price of Rs 60, indicating a potential listing gain of approximately 18.3%. The Vahh Chemicals IPO GMP of Rs 11 was recorded on June 4, 2026 as both the high and low of the day, suggesting stable initial grey market activity. Grey market premium is unofficial and unregulated by SEBI and should not be the primary basis for investment decisions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Vahh_Chemicals_IPO_issue_price_and_minimum_investment\"><\/span><strong>What is the Vahh Chemicals IPO issue price and minimum investment?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Vahh Chemicals IPO is a fixed price issue at Rs 60 per equity share with a face value of Rs 10 per share. There is no price band since this is a fixed price issue, not a book-built issue. The minimum lot size is 2,000 shares. Retail investors must apply for a minimum of 2 lots (4,000 shares), making the minimum investment Rs 2,40,000. The HNI minimum is 3 lots (6,000 shares), amounting to Rs 3,60,000. The retail category has a 50% reservation and the HNI\/NII category has a 50% reservation, with no QIB quota in this Vahh Chemicals IPO. This is typical for small BSE SME fixed price issues.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_business_does_Vahh_Chemicals_operate\"><\/span><strong>What business does Vahh Chemicals operate?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Vahh Chemicals Limited, founded in 2019, is engaged in the manufacturing and trading of textile auxiliary chemicals in India. The company operates in the textile processing chemicals segment, buying, blending, and formulating chemical solutions used in different fabric processing stages including pre-treatment, dyeing, printing, and finishing. Its customers include dyeing and printing houses across India, and the company also offers customised chemical solutions as per specific customer requirements. As of March 31, 2026, the company had 362 employees. The Vahh Chemicals IPO promoters are Hiren Indravadan Desai, Hetal Hirenbhai Desai, and Aayush Hiren Desai.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_Vahh_Chemicals_financial_highlights_ahead_of_the_IPO\"><\/span><strong>What are the Vahh Chemicals financial highlights ahead of the IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Vahh Chemicals IPO is underpinned by strong recent financial growth. Revenue grew approximately 82% between FY25 (Rs 23.75 crore) and FY26, while profit after tax (PAT) grew approximately 97% over the same period. The FY25 PAT was Rs 2.58 crore. This extraordinary growth rate (82% revenue, 97% PAT) in a single year will be examined carefully by investors evaluating the Vahh Chemicals IPO GMP narrative. Marwadi Chandarana Intermediaries Brokers Pvt Ltd is the book running lead manager and KFin Technologies is the registrar. The Vahh Chemicals IPO is a 100% fresh issue of Rs 13.45 crore with no OFS component.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_the_Vahh_Chemicals_IPO\"><\/span><strong>What are the risks of investing in the Vahh Chemicals IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Key risks to the Vahh Chemicals IPO include: the company was incorporated only in 2019, giving it a 7-year operating history, which is short relative to established chemical companies; the textile chemicals segment is highly competitive and fragmented, with many domestic and global players; revenue growth of 82% in a single year may not be sustainable and reflects a low base; the minimum retail investment of Rs 2,40,000 (2 lots) is high for a Rs 60 per share company; and BSE SME listing has lower liquidity than mainboard exchanges. The Vahh Chemicals IPO GMP of Rs 11 is positive but the small issue size of Rs 13.45 crore means grey market volumes are thin, making GMP movements potentially unreliable. This does not constitute investment advice.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Vahh Chemicals IPO GMP today on 5 June 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Vahh Chemicals IPO GMP today on 5 June 2026 stands at Rs 11 per share. Based on this GMP, the expected listing price for Vahh Chemicals is approximately Rs 71, against the fixed issue price of Rs 60, indicating a potential listing gain of approximately 18.3%. The Vahh Chemicals IPO GMP of Rs 11 was recorded on June 4, 2026 as both the high and low of the day, suggesting stable initial grey market activity. Grey market premium is unofficial and unregulated by SEBI and should not be the primary basis for investment decisions.\"}},{\"@type\":\"Question\",\"name\":\"What is the Vahh Chemicals IPO issue price and minimum investment?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Vahh Chemicals IPO is a fixed price issue at Rs 60 per equity share with a face value of Rs 10 per share. There is no price band since this is a fixed price issue, not a book-built issue. The minimum lot size is 2,000 shares. Retail investors must apply for a minimum of 2 lots (4,000 shares), making the minimum investment Rs 2,40,000. The HNI minimum is 3 lots (6,000 shares), amounting to Rs 3,60,000. The retail category has a 50% reservation and the HNI\/NII category has a 50% reservation, with no QIB quota in this Vahh Chemicals IPO. This is typical for small BSE SME fixed price issues.\"}},{\"@type\":\"Question\",\"name\":\"What business does Vahh Chemicals operate?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Vahh Chemicals Limited, founded in 2019, is engaged in the manufacturing and trading of textile auxiliary chemicals in India. The company operates in the textile processing chemicals segment, buying, blending, and formulating chemical solutions used in different fabric processing stages including pre-treatment, dyeing, printing, and finishing. Its customers include dyeing and printing houses across India, and the company also offers customised chemical solutions as per specific customer requirements. As of March 31, 2026, the company had 362 employees. The Vahh Chemicals IPO promoters are Hiren Indravadan Desai, Hetal Hirenbhai Desai, and Aayush Hiren Desai.\"}},{\"@type\":\"Question\",\"name\":\"What are the Vahh Chemicals financial highlights ahead of the IPO?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Vahh Chemicals IPO is underpinned by strong recent financial growth. Revenue grew approximately 82% between FY25 (Rs 23.75 crore) and FY26, while profit after tax (PAT) grew approximately 97% over the same period. The FY25 PAT was Rs 2.58 crore. This extraordinary growth rate (82% revenue, 97% PAT) in a single year will be examined carefully by investors evaluating the Vahh Chemicals IPO GMP narrative. Marwadi Chandarana Intermediaries Brokers Pvt Ltd is the book running lead manager and KFin Technologies is the registrar. The Vahh Chemicals IPO is a 100% fresh issue of Rs 13.45 crore with no OFS component.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks of investing in the Vahh Chemicals IPO?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Key risks to the Vahh Chemicals IPO include: the company was incorporated only in 2019, giving it a 7-year operating history, which is short relative to established chemical companies; the textile chemicals segment is highly competitive and fragmented, with many domestic and global players; revenue growth of 82% in a single year may not be sustainable and reflects a low base; the minimum retail investment of Rs 2,40,000 (2 lots) is high for a Rs 60 per share company; and BSE SME listing has lower liquidity than mainboard exchanges. The Vahh Chemicals IPO GMP of Rs 11 is positive but the small issue size of Rs 13.45 crore means grey market volumes are thin, making GMP movements potentially unreliable. This does not constitute investment advice.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Vahh Chemicals IPO GMP Day 2 (June 5, 2026): Rs 11 per share. Expected listing ~Rs 71 (+18.3%). Fixed price Rs 60. Face value Rs 10. Lot size 2,000 (min 2 lots = 4,000 shares for retail). Min investment Rs 2,40,000. Issue size Rs 13.45 Cr (100% fresh issue, no OFS). Opens June 4, closes June 8. Allotment June 9. Listing June 11 BSE SME. FY25 revenue Rs 23.75 Cr. FY25 PAT Rs 2.58 Cr. FY26: revenue +82% YoY, PAT +97% YoY. Textile auxiliary chemicals. Promoters: Hiren, Hetal, Aayush Desai. BRLM: Marwadi Chandarana. Registrar: KFin Technologies.<\/p>\n","protected":false},"author":34,"featured_media":107789,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1281],"tags":[4023],"class_list":["post-107768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-ipo-gmp-day-2"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1780633266:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["1281"],"rank_math_seo_score":["81"],"rank_math_title":["Vahh Chemicals IPO GMP Day 2: Rs 11, 18% Expected Gain"],"rank_math_description":["Vahh Chemicals IPO GMP Day 2 (June 5): Rs 11\/share. Expected listing Rs 71 (+18.3%). Fixed price Rs 60. Issue Rs 13.45 Cr. Closes June 8. Listing June 11 BSE SME."],"rank_math_focus_keyword":["Vahh Chemicals IPO"],"rank_math_robots":["a:2:{i:0;s:8:\"nofollow\";i:1;s:7:\"noindex\";}"],"_thumbnail_id":["107789"],"_edit_last":["23"],"_ez-toc-disabled":[""],"_ez-toc-insert":[""],"_ez-toc-header-label":[""],"_ez-toc-alignment":["none"],"_ez-toc-heading-levels":["a:0:{}"],"_ez-toc-alttext":[""],"_ez-toc-visibility_hide_by_default":[""],"_ez-toc-hide_counter":[""],"_ez-toc-exclude":[""],"_ez-toc-position-specific":["before"],"stm_select_gm_zoom":[""],"stm_agenda":[""],"stm_host":[""],"stm_select_approved_denied":[""],"stm_multiselect_approved":[""],"stm_multiselect_denied":[""],"stm_date":[""],"stm_time":[""],"stm_timezone":[""],"stm_duration":[""],"stm_password":[""],"stm_waiting_room":[""],"stm_join_before_host":[""],"stm_host_join_start":[""],"stm_start_after_participants":[""],"stm_mute_participants":[""],"stm_enforce_login":[""],"stm_alternative_hosts":[""],"top_bar_custom_style":[""],"top_bar_bg":[""],"wc_top_bar_cart_custom_style":[""],"wc_top_bar_cart_color":[""],"wc_top_bar_cart_icon_color_hover":[""],"wc_top_bar_cart_counter_color":[""],"wc_top_bar_cart_counter_color_hover":[""],"wc_top_bar_cart_counter_bg":[""],"wc_top_bar_cart_counter_bg_hover":[""],"top_bar_wpml_switcher_custom_style":[""],"wpml_switcher_color":[""],"top_bar_wpml_switcher_bg":[""],"top_bar_wpml_switcher_bg_hover":[""],"top_bar_wpml_switcher_color_hover":[""],"top_bar_socials_custom_style":[""],"top_bar_socials_color":[""],"top_bar_socials_color_hover":[""],"top_bar_search_custom_style":[""],"top_bar_search_color":[""],"top_bar_search_icon_color_hover":[""],"top_bar_contact_info_style":[""],"top_bar_contact_info_color":[""],"top_bar_contact_info_link_color":[""],"top_bar_contact_info_link_color_hover":[""],"top_bar_contact_info_select_bg":[""],"top_bar_contact_info_select_color":[""],"top_bar_contact_info_select_drop_bg":[""],"top_bar_contact_info_select_items_bg":[""],"top_bar_contact_info_select_items_color":[""],"top_bar_contact_info_select_items_hover":[""],"header_inverse":["default"],"enable_header_transparent":["off"],"header_nav_custom_style":[""],"header_bg":[""],"header_shadow":[""],"wc_cart_custom_style":[""],"wc_cart_icon_color":[""],"wc_cart_icon_color_hover":[""],"wc_cart_counter_color":[""],"wc_cart_counter_color_hover":[""],"wc_cart_counter_bg":[""],"wc_cart_counter_bg_hover":[""],"header_wpml_switcher_custom_style":[""],"header_wpml_switcher_color":[""],"header_wpml_switcher_color_hover":[""],"header_wpml_switcher_bg":[""],"header_wpml_switcher_bg_hover":[""],"header_socials_custom_style":[""],"header_socials_color":[""],"header_socials_color_hover":[""],"header_search_custom_style":[""],"header_search_icon_color":[""],"header_search_icon_color_hover":[""],"header_contact_info_style":[""],"header_contact_info_color":[""],"header_contact_info_link_color":[""],"header_contact_info_link_color_hover":[""],"header_button_custom_style":[""],"header_button_color":[""],"header_button_color_hover":[""],"header_button_bg":[""],"header_button_bg_hover":[""],"header_nav_menu_customize":[""],"header_nav_menu_link_color":[""],"header_nav_menu_link_color_hover":[""],"header_nav_menu_link_color_active":[""],"header_nav_menu_link_arrow_color":[""],"header_nav_menu_link_arrow_color_hover":[""],"header_nav_menu_level_1_bg":[""],"header_nav_menu_level_1_link_color":[""],"header_nav_menu_level_1_link_color_hover":[""],"header_nav_menu_level_1_link_bg_hover":[""],"header_nav_menu_level_1_link_arrow_color":[""],"header_nav_menu_level_1_link_arrow_color_hover":[""],"header_nav_menu_level_2_bg":[""],"header_nav_menu_level_2_link_color":[""],"header_nav_menu_level_2_link_color_hover":[""],"header_nav_menu_level_2_link_bg_hover":[""],"header_mega_menu_bg":[""],"header_mega_menu_title_color":[""],"header_mega_menu_title_color_hover":[""],"header_mega_menu_description_color":[""],"header_mega_menu_description_link_color":[""],"header_mega_menu_description_link_color_hover":[""],"header_mega_menu_color":[""],"header_mega_menu_color_hover":[""],"header_mega_menu_border_color":[""],"header_mega_menu_icons_color":[""],"header_nav_menu_customize_end":[""],"hfe_enabled_notice":[""],"disable_title_box":["default"],"hfe_disabled":[""],"enable_transparent":["default"],"title_box_title_bg_color":[""],"title_box_bg_custom_image":["default"],"title_box_bg_image":[""],"title_box_bg_position":["default"],"metabox_title_box_bg_position_x":[""],"metabox_title_box_bg_position_y":[""],"metabox_title_box_bg_attachment":["default"],"title_box_bg_size":["default"],"metabox_title_box_bg_size_slider":[""],"title_box_bg_repeat":["default"],"disable_title":["default"],"title_box_title_color":[""],"title_box_title_line_color":[""],"disable_breadcrumbs":["default"],"metabox_title_box_breadcrumbs_color":[""],"metabox_title_box_links_color":[""],"metabox_title_box_links_color_hover":[""],"content_bg_transparent":[""],"show_popup_single":[""],"popups_single":[""],"popups_single_event":[""],"popup_single_event_open_delay":[""],"popup_single_event_showing_in":[""],"popup_single_event_date_from":[""],"popup_single_event_date_to":[""],"popup_single_event_time_from":[""],"popup_single_event_time_to":[""],"popup_single_animation":[""],"popup_single_responsive":[""],"separator_footer_copyright_border_t":[""],"name":[""],"email":[""],"phone":[""],"company":[""],"memberId":[""],"testimonial_position":[""],"testimonial_company":[""],"testimonial_bg_img":[""],"testimonial_video_url":[""],"popups_width":[""],"popups_height":[""],"popups_image_bg":[""],"popups_color_bg":[""],"popups_border_radius":[""],"popups_template":[""],"rank_math_analytic_object_id":["15609"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/06\/VAHH-1.jpg","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/107768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=107768"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/107768\/revisions"}],"predecessor-version":[{"id":107790,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/107768\/revisions\/107790"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/107789"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=107768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=107768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=107768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}