The IPO of Vahh Chemicals will open for subscription on Thursday, with grey market signals pointing to healthy investor interest ahead of the SME issue. According to market trackers, the IPO is commanding a grey market premium (GMP) of about 23%, indicating a potential listing price of around Rs 74 against the issue price of Rs 60 per share.
The BSE SME issue will open on June 4 and close on June 8. The allotment is expected to be finalized on June 9, while the shares are scheduled to list on June 11.