**Vahh Chemicals Limited** is a public limited company incorporated on December 11, 2019, under the Companies Act, 2013. The company operates in the manufacturing and trading of textile auxiliary chemicals, which are critical for various stages of textile processing such as pre-treatment, dyeing, printing, and finishing. These chemicals play a key role in enhancing fabric quality, color, texture, and durability, making the company an integral supplier to the textile industry. Its product strength lies in superior chemical formulations and maintaining high-quality standards.
The company has a strong distribution network based in Surat, supported by a strategically located manufacturing facility that aids in efficient operations. In addition to its core business, it ventured into the nutrition segment through its subsidiary, HSHS Nutraceuticals Limited, established in 2019 by promoters Hiren Desai and Aayush Hiren Desai.
In September 2024, Vahh Chemicals Limited expanded its operations by acquiring the proprietary businesses of M/s Aayush Chemical and M/s Aayush Bio-Energy, owned by the company's promoters. Both businesses were engaged in the manufacturing and trading of chemicals, with Aayush Chemical established in 2020. This strategic move not only consolidated the company's position in the industry but also broadened its scope of operations.
The company recently filed a Draft Prospectus with SEBI and plans to issue 22,42,000 equity shares at Rs 10 each through an Initial Public Offering (IPO), aiming to raise Rs 11.88 Crores. The fresh capital is expected to support growth and business expansion initiatives, making it an attractive proposition for potential investors and traders.