
Chemicals / Specialty Chemicals · NSE
Snehaa Organics Limited, incorporated in October 2017, is engaged in solvent recovery, offering sustainable solutions for industries that utilize solvents. The company collects spent solvents and employs distillation and purification technologies to make them reusable. Its team focuses on efficient recovery from varied solvent mixtures, even those with high batch variability. In addition to recovery, the company also trades solvents by sourcing raw materials, evaluating their quality, and selling them in the open market. As of February 28, 2025, the company has 54 employees on its payroll with no contractual staff.
Price Band
₹115 – ₹122
Issue Size
₹32.68 Cr
Lot Size
1000 shares
GMP
+1.6%
Est. Listing
₹124
at current GMP
Subscribed
27.81x
overall
Open
29 Aug 2025
Close
2 Sep 2025
Allotment
3 Sep 2025
Refund
4 Sep 2025
Demat Credit
5 Sep 2025
Listing
5 Sep 2025
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
3 Sep 2025
Basis finalization
Refunds Initiate
4 Sep 2025
Mandate release
Demat Credit
5 Sep 2025
Shares in demat
Listing Debut
5 Sep 2025
Trading begins
Snehaa Organics Limited is bringing an initial public offering (IPO) in the Chemicals / Specialty Chemicals sector with an aggregate issue size of ₹32.68 Crores. The shares are offered at a price band of ₹115 to ₹122 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,22,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-09-05, while un-allotted funds or UPI block mandates will be released on 2025-09-04.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.