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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Snehaa Organics Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹122
Per ShareLot Size
1000 Shares
Minimum Investment
₹1,22,000
Issue Size
₹32.68 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
47.55%
QIB Quota
4.95%
NII Quota
47.5%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
99.99%
Promoter Holding (Post-Issue)
73.68%
Issue Type
Book Building - SME
ISIN
INE1OIC01018
Snehaa Organics Limited operates in the solvent recovery and recycling sector, providing sustainable solutions for industries that utilize solvents in their processes. The company collects spent solvents from various industries and employs distillation and purification technologies to process them for reuse. Company's workforce ensures efficient recovery from diverse solvent mixtures, including those with significant variability between batches. Each batch undergoes comprehensive quality control measures to align with industry requirements. The company also maintains a testing facility to address specific customer needs. The recovered solvents are returned to the respective companies for reuse, while the additional purified solvents are sold in the market, supporting resource efficiency and waste reduction. Additionally, the company engages in direct trading of solvent, sourcing raw materials from suppliers, conducting quality assessments, and sold them in the open market.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public issue of 26,79,000 equity shares of face value Rs. 10/- each of Snehaa Organics Limited. ("Snehaa" or the "company" or the "issuer") for cash at a price of Rs. 122/- per equity share ("issue price") including a share premium of 112/- per equity share), aggregating to Rs. 32.68 crores ("the issue"), out of which, 1,34,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 122/- per equity share aggregating to Rs. 1.63 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. issue of 25,45,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 122/- per equity share aggregating to Rs.31.05 crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.32% and 25%, respectively of the post issue paid up equity share capital of the company.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Solvents are versatile chemical substances that facilitate the dissolution, dilution, or dispersion of other materials without changing their chemical structure. They are crucial across various industries, including pharmaceuticals, chemicals, coatings, food processing, and cleaning, due to their ability to enhance formulation processes and extraction techniques. Solvent recovery is a process designed to extract and reclaim solvents from waste or by-products generated during industrial operations. This method purifies used solvents, making them suitable for reuse in production processes. By reducing the need to purchase new solvents and minimizing waste disposal, solvent recovery significantly lowers operational costs and environmental impact. It is widely employed across industries such as pharmaceuticals, chemicals and manufacturing. Without solvent recovery, many industrial processes would become economically unviable due to the high cost of solvent procurement and disposal. In India, various solvent recovery processes are employed across different industries to optimize efficiency, reduce costs, and enhance environmental sustainability.
Our company was originally formed as partnership firm under the Indian Partnership Act, 1932 in the name and style of "Snehaa Pharma Chemicals", pursuant to a deed of partnership dated October 26, 2017. Further, "Snehaa Pharma Chemicals" was converted from partnership firm to a Private Limited Company in the name of "Snehaa Organics Private Limited" vide Certificate of Incorporation dated July 05, 2022 issued by Registrar of Companies, Central Registration Centre, bearing CIN U24290TG2022PTC164443.Thereafter, our Company was converted into a Public Limited Company pursuant of a special resolution passed by the members of our Company at the Extra Ordinary General Meeting held on December 18, 2024. A fresh Certificate of Incorporation consequent to conversion was issued on January 07, 2025 by the Registrar of Companies, CPC, Manesar Haryana and consequently the name of our Company was changed from "Snehaa Organics Private Limited" to "Snehaa Organics Limited". The Company's Corporate Identification Number is U24290TG2022PLC164443.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.