Mumbai, June 11 -- The scrip was listed at Rs 70, a 16.67% premium the initial public offer (IPO) price. The stock is currently down 2.86% over its listing price.

The counter hit a high of Rs 71 and a low of Rs 66.50. About 17.36 lakh shares of the company changed hands at the counter.

Vahh Chemicals' IPO was subscribed 82.78 times. The issue opened for bidding on 4 June 2026 and it closed on 8 June 2026.

The IPO comprised a fresh issue of 22,42,000 shares. The promoter and promoter shareholding diluted to 64.63% from 85.52% pre-IPO.

The company plans to utilise the net proceeds from its fresh issue towards funding incremental working capital requirements, setting up a new manufacturing facility in Surat, Gujarat, repayment of existin...