
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
Overall Subscription
27.81x
Total Demand
QIB Multiplier
42.19x
Institutions & Funds
NII / HNI
16.34x
High Net-Worth
Retail (RII)
37.77x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 126,000 | 5,316,000 | 42.19x |
| NIB | 1,209,000 | 19,760,000 | 16.34x |
| HNIs(10L +) | 806,000 | 13,671,000 | 16.96x |
| HNIs (2-10L) | 403,000 | 6,089,000 | 15.11x |
| RETAIL | 1,210,000 | 45,700,000 | 37.77x |
| Total | 3,754,000 | 90,536,000 | 27.81x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 12 | 0.00x |
| NIB | — | 3,236 | 0.00x |
| RETAIL | 605 | 22,850 | 37.77x |
| HNIs(10L +) | 269 | 1,419 | 5.28x |
| HNIs (2-10L) | 134 | 1,817 | 13.56x |
| Total Applications | 1,008 | 29,334 | 29.10x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for Snehaa Organics Limited IPO is ₹2 per equity share. Based on the upper price band of ₹115 to ₹122 per equity share, the estimated listing price is ₹124 (+1.6% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹2, the expected profit per application lot is approx ₹2,000 (+1.6% gain). Minimum application cost is approx ₹1,22,000.
The Snehaa Organics Limited IPO aggregate issue size is ₹32.68 Crores with an equity price band set at ₹115 to ₹122 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,22,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 27.81x (Retail: 37.77x, QIB: 42.19x, NII: 16.34x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2025-09-03. Investors can verify status using PAN card or application number.
Snehaa Organics Limited shares are scheduled to list on NSE on 2025-09-05.