
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
Last updated: 21 Nov 2025
Current Premium
Issue Price (Upper)
₹122
Band: ₹115 – ₹122
Estimated Listing Price
₹124
Upper price + GMP
Lot Size
1000 shares
Min investment ₹1,22,000
Estimated Profit / Lot
₹2,000
1000 × ₹2
Grey Market Premium trend
—
▼ 23 today
Updated 11 months ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 22 Aug 2025 | — | 0.0% | ₹122 |
| 25 Aug 2025 | +₹23 | 18.9% | ₹145 |
| 26 Aug 2025 | +₹33 | 27.1% | ₹155 |
| 27 Aug 2025 | +₹34 | 27.9% | ₹156 |
| 28 Aug 2025 | +₹38 | 31.1% | ₹160 |
| 29 Aug 2025 | +₹32 | 26.2% | ₹154 |
| 31 Aug 2025 | +₹33 | 27.1% | ₹155 |
| 1 Sep 2025 | +₹10 | 8.2% | ₹132 |
| 2 Sep 2025 | +₹6 | 4.9% | ₹128 |
| 3 Sep 2025 | +₹4 | 3.3% | ₹126 |
| 4 Sep 2025 | +₹3 | 2.5% | ₹125 |
| 5 Sep 2025 | +₹2 | 1.6% | ₹124 |
| 5 Nov 2025 | +₹2 | 1.6% | ₹124 |
| 6 Nov 2025 | +₹2 | 1.6% | ₹124 |
| 21 Nov 2025 | +₹2 | 1.6% | ₹124 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
The latest grey market premium for Snehaa Organics Limited IPO is ₹2, which indicates an expected listing price of ₹124.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.