Vahh Chemicals pre-market discovery price at 70 rupees

Vahh Chemicals Ltd. (VAHH) has seen its pre-market discovery price set at ₹70 per share, surpassing the IPO price of ₹60 per share. This price reflects strong investor sentiment ahead of the company's listing on the BSE SME, scheduled for June 11, 2026. The IPO, which opened for subscription on June 4, 2026, and closed on June 8, 2026, was oversubscribed 87.17 times, with robust demand from both retail and institutional investors. The company raised ₹13.45 crores through the issuance of 22.42 lakh shares.

The elevated pre-market price suggests optimism about the company's growth prospects and its position in the textile chemicals sector. Vahh Chemicals, incorporated in 2019, specializes in manufacturing and supplying textile auxiliary chemicals and has demonstrated significant revenue and profit growth in recent fiscal years. The company's financials show an 82% increase in revenue and a 97% rise in profit after tax between FY25 and FY26.

The pre-market price discovery also highlights the company's valuation expectations. With a pre-IPO market cap of ₹49.84 crores and a post-IPO market cap of approximately ₹58.14 crores based on the discovery price, pricing in future growth potential. However, analysts have noted that the IPO is aggressively priced relative to its financial performance, and assess the company's fundamentals and competitive landscape before making investment decisions.