Snehaa Organics IPO opens Aug 29

Snehaa Organics IPO opens Aug 29

By: ICN Bureau

Last updated : August 26, 2025 4:39 pm



The IPO is a book-built issue of Rs. 32.68 crore, comprising an entirely fresh issue of 26.79 lakh equity shares with a price band of Rs. 115– Rs. 122 per share


Snehaa Organics Ltd, a pioneer in green solvent and recycling solutions, is set to launch its Initial Public Offering (IPO) on August 29, 2025. Marking a first for the Indian markets, Snehaa Organics will become the first company in this segment to be listed on the exchange. The IPO has already attracted bullish recommendations from leading broking houses and research analysts.

The IPO is a book-built issue of Rs. 32.68 crore, comprising an entirely fresh issue of 26.79 lakh equity shares with a price band of Rs. 115– Rs. 122 per share. The subscription window will remain open from August 29 to September 2, 2025, with allotment expected on September 3, 2025.

Shares are proposed to be listed on the NSE SME platform on September 5, 2025. The minimum application size for retail investors is 2,000 shares (Rs. 2.3 lakh), while the minimum bid for HNIs is 3 lots (3,000 shares) amounting to Rs. 3.66 lakh.

The IPO proceeds will primarily fund growing working capital requirements (Rs. 4,699.51 lakh projected for FY 2025–26) and support a strategic shift toward purchasing raw materials directly to scale sales and reduce reliance on job work.

With 60 KL kettles and 27 KL reactors already operational, Snehaa Organics is well-positioned to strengthen its leadership in sustainable solutions, drive growth, and create long-term stakeholder value.

Snehaa Organics Ltd green solvent recycling solutions

First Published : August 26, 2025 12:00 am