Bookbuilding IPO | ₹33 Cr | Listed at NSE SME | Fri, Aug 29, 2025 - Tue, Sep 2, 2025
Snehaa Organics IPO is a book build issue of ₹32.68 crores. The issue is entirely a fresh issue of 0.27 crore shares of ₹32.68 crore.
Snehaa Organics IPO bidding started from Aug 29, 2025 and ended on Sep 2, 2025. The allotment for Snehaa Organics IPO was finalized on Sep 3, 2025. The shares got listed on NSE SME on Sep 5, 2025.
Snehaa Organics IPO price band is set at ₹122 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,44,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹3,66,000.
Fast Track Finsec Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Nirman Share Brokers Pvt.Ltd..
Refer to Snehaa Organics IPO RHP for detailed Information.
IPO Open
Fri, Aug 29, 2025
IPO Close
Tue, Sep 2, 2025
Issue Price
₹122 per share
Market Cap (Pre-IPO)
₹124.18 Cr
| IPO Date | 29 Aug to 2 Sep, 2025 |
| Listed on | Fri, Sep 5, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹115 to ₹122 |
| Issue Price | ₹122 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 26,79,000 shares (agg. up to ₹33 Cr) |
| Reserved for Market Maker | 1,34,000 shares Nirman Share Brokers Pvt.Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 25,45,000 shares (agg. up to ₹31 Cr) |
| Net Offered to Public | 25,45,000 shares (agg. up to ₹31 Cr) |
| Share Holding Pre Issue | 75,00,000 shares |
| Share Holding Post Issue | 1,01,79,000 shares |
| NSE Symbol | SNEHAA |
| ISIN | INE1OIC01018 |
Snehaa Organics IPO comprises a total issue size of 26,79,000 shares. The net offer to the public is 25,45,000 shares, after excluding 1,34,000 shares allotted on a firm basis. Of the Net offer 1,26,000 (4.95%) are allocated to QIB, 12,09,000 (47.50%) allocated to NII 12,10,000 (47.54%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 1,26,000 | 4.95% | 4.70% |
| NII (HNI) Shares Offered | 12,09,000 | 47.50% | 45.13% |
| − bNII > ₹10L | 8,06,000 | 30.09% | |
| − sNII < ₹10L | 4,03,000 | 15.04% | |
| Retail Shares Offered | 12,10,000 | 47.54% | 45.17% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,34,000 | 5.00% | |
| Total Shares Offered | 26,79,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,000 | ₹2,44,000 |
| Individual investors (Retail) (Max) | 2 | 2,000 | ₹2,44,000 |
| S-HNI (Min) | 3 | 3,000 | ₹3,66,000 |
| S-HNI (Max) | 8 | 8,000 | ₹9,76,000 |
| B-HNI (Min) | 9 | 9,000 | ₹10,98,000 |
Incorporated in October 2017, Snehaa Organics Limited operates in solvent recovery, providing sustainable solutions for industries that use solvents.
The company collects spent solvents and uses distillation and purification technologies to reuse them.
Its workforce ensures efficient recovery from diverse solvent mixtures with high batch variability.
The company trades solvents directly, sourcing raw materials, assessing quality, and selling in the open market.
It has a manufacturing facility in Hyderabad, Telangana across 3,300 sq. ft.
Competitive Strength:
Snehaa Organics Ltd.'s revenue increased by 10% and profit after tax (PAT) rose by 101% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 30.06 | 17.10 | 10.80 |
| Total Income | 26.29 | 23.80 | 20.41 |
| Profit After Tax | 7.34 | 3.66 | 3.25 |
| EBITDA | 11.41 | 5.83 | 4.17 |
| NET Worth | 14.78 | 7.44 | 3.78 |
| Reserves and Surplus | 7.28 | 6.44 | 2.78 |
| Total Borrowing | 9.09 | 3.92 | 3.59 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 23.94 |
| 2 | To Repayment of loans availed by the Company | 3.50 |
| 3 | General Corporate Purposes | 1.97 |
| 4 | Issue expenses | 3.27 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 49.66% |
| ROCE | 50.38% |
| Debt/Equity | 0.61 |
| RoNW | 49.66% |
| PAT Margin | 27.98% |
| EBITDA Margin | 43.52% |
| Price to Book Value | 0.83 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 9.78 | 7.21 |
| P/E (x) | 12.47 | 16.92 |
| Promoter Holding | 99.99% | 73.68% |
| Market Cap | ₹124.18 Cr. |
The Snehaa Organics IPO is subscribed 27.75 times on September 2, 2025 6:19:59 PM (Day 3). The public issue subscribed 37.75 times in the individual investors category, 42.19 times in the QIB category, and 16.23 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 42.19 | 1,26,000 | 53,16,000 | 12 |
| NII* | 16.23 | 12,09,000 | 1,96,23,000 | 3,235 |
| bNII (bids above ₹10L) | 16.80 | 8,06,000 | 1,35,37,000 | |
| sNII (bids below ₹10L) | 15.10 | 4,03,000 | 60,86,000 | |
| Individual Investors | 37.75 | 12,10,000 | 4,56,78,000 | 22,839 |
| Total | 27.75 | 25,45,000 | 7,06,17,000 | 26,086 |
Total Application : 26,086
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead manager(s) fees including underwriting commission | 1.94 |
| 2 | Registrars to the issue, Market maker and Banker to the Issue | 0.06 |
| 3 | Legal Advisors and Industry report fees | 0.04 |
| 4 | Printing and advertising | 0.06 |
| 5 | Regulators including stock exchanges | 0.06 |
| 6 | Marketing and Others (Concurrent Auditor and Peer Reviewed and Advisor to the company) Auditor | 1.11 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹122.00 |
| Open | ₹122.00 |
| Low | ₹115.90 |
| High | ₹122.00 |
| Last Trade | ₹115.90 |
Lead Manager Reports
Snehaa Organics IPO is a SME IPO of 26,79,000 equity shares of the face value of ₹10 aggregating up to ₹33 Crores. The issue is priced at ₹122 per share. The minimum order quantity is 1000.
The IPO opens on Fri, Aug 29, 2025, and closes on Tue, Sep 2, 2025.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Snehaa Organics IPO using UPI as a payment gateway. Zerodha customers can apply in Snehaa Organics IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Snehaa Organics IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Snehaa Organics IPO opens on Fri, Aug 29, 2025 and closes on Tue, Sep 2, 2025.
Snehaa Organics IPO lot size is 1000, and the minimum amount required for application is ₹2,44,000, with 2 lots being the minimum application size.
You can apply in Snehaa Organics IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Snehaa Organics IPO will be done on Wednesday, September 3, 2025, and the allotted shares will be credited to your demat account by Thu, Sep 4, 2025. Check the Snehaa Organics IPO allotment status.
The Snehaa Organics IPO listing date is on Fri, Sep 5, 2025.
