IPO Details
- Price Band: ₹115 to ₹122 per share
- Issue Size: ₹32.68 crores
- Listing At: NSE SME
- Lot Size: 1,000 shares (minimum investment of ₹2,44,000 for 2 lots)
- Expected Listing Date: September 5, 2025
Investment Details
- Minimum Investment: ₹2,44,000 (for 2 lots of 1,000 shares at the lower price band)
- Retail Quota: Not more than 35%
- QIB Quota: Not more than 50%
- NII Quota: Not more than 15%
Use of IPO Proceeds
- Working Capital Requirement: ₹23.94 crores
- Repayment of Loans: ₹3.50 crores
- General Corporate Purposes: Balance amount
Company Overview
Snehaa Organics is a Hyderabad-based company specializing in solvent recovery and recycling, providing sustainable solutions for industries that use solvents. The company has reported strong growth in revenue and profit in recent years ¹ ².
Grey Market Premium
The current Grey Market Premium for Snehaa Organics IPO is ₹38 per share, indicating a potential listing gain.
- 31.15% ( 38000 ) profit minimum.