IPO Details

Bidding Dates

29 Aug '25 - 02 Sep '25

Minimum Investment

₹2,44,000/ 2 Lots (2,000 Shares)

Price Range

₹115 to ₹122

Maximum Investment

₹2,44,000/ 2 Lots (2,000 Shares)

Retail Discount

To be announced

Issue Size

₹32.68 Cr

Investor category and sub category

Retail Individual Investors (RII)  |   Non-institutional Investors (NII)   |   Qualified Institutional Buyers (QIB)  |  

Snehaa Organics IPO Important Dates

Important dates with respect to IPO allotment and listing

IPO Opening Date

Aug 29, 25

IPO Closing Date

Sep 02, 25

Basis of Allotment

Sep 03, 25

Initiation of Refunds

Sep 04, 25

IPO Listing Date

Sep 05, 25

About Snehaa Organics IPO

Snehaa Organics IPO is a book-built issue worth ₹32.68 crore, comprising a fresh issue of 0.27 crore shares. The IPO will open for subscription on August 29, 2025, and close on September 2, 2025.

The basis of allotment is expected to be finalised on September 3, 2025, while the shares are likely to be listed on the NSE SME platform on September 5, 2025.

The price band has been set at ₹115 – ₹122 per share. The lot size is fixed at 1,000 shares, requiring a minimum investment of ₹2,44,000 (2 lots) for retail investors at the upper band. For HNIs, the minimum application is 3 lots (3,000 shares), amounting to ₹3,66,000. 

Fast Track Finsec Pvt. Ltd is serving as the book-running lead manager, while Skyline Financial Services Pvt. Ltd has been appointed as the registrar to the issue. Nirman Share Brokers Pvt. Ltd will act as the market maker for the IPO. Detailed information is available in the Snehaa Organics IPO RHP.

Industry Outlook

  • solvent recovery widely used across pharmaceuticals, chemicals, textiles, paints, and electronics for cost savings, regulatory compliance, and environmental sustainability.
  • Solvent recovery helps Indian industries reduce waste, improve resource utilisation, and promote sustainable operations.
  • Expansion driven by industrialisation, urbanisation, consumer goods demand, and the push for eco-friendly alternatives to VOC-based solvents.
  • India, the 3rd-largest pharma market by volume, is expected to grow from USD 55 billion to USD 130 billion by 2030, further fueling solvent demand.

Snehaa Organics IPO Objectives

The company plans to allocate the net proceeds from the issuance to the following purposes:

  1. To meet the working capital requirements of the company
  2. Repayment of loans availed by the company
  3. General Corporate Purposes
  4. To meet the issue expenses

About Snehaa Organics Limited

Snehaa Organics Limited specialises in solvent recovery and recycling, offering sustainable solutions to industries that rely on solvents in their operations.

The company collects spent solvents from diverse sectors and utilises advanced distillation and purification technologies to make them reusable.

Its skilled workforce ensures efficient recovery even from complex and variable solvent mixtures. Every batch is subjected to rigorous quality control checks to meet industry standards, supported by an in-house testing facility designed to cater to specific customer requirements. The recovered solvents are supplied back to client companies for reuse, while surplus purified solvents are sold in the market, promoting resource efficiency and minimising waste.

In addition, the company is engaged in direct solvent trading, sourcing raw materials from suppliers, conducting quality evaluations, and distributing them in the open market.

How To Apply for the Snehaa Organics IPO Online?

  1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
  2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
  3. Select IPO: Find and select the Snehaa Organics IPO from the list of open IPOs.
  4. Enter the Lot Size: Specify the number of lots you want to bid for.
  5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
  6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

How To Check the Allotment Status of Snehaa Organics IPO?

Steps to check IPO allotment status on Angel One’s app:

  1. Log in to the Angel One app.
  2. Go to the IPO Section and then to IPO Orders.
  3. Select the individual IPO that you had applied for and check the allotment status.
  4. Angel One will notify you of your IPO allotment status via push notification and email.

Contact Details of Snehaa Organics IPO

Registered office: Plot No 290 & 291, Dulapally, Adjacent to Ida Jeedimetla, Quthbullapur, Rangareddi, Hyderabad, Telangana- 500055.

Phone: +91 9303553800

E-mail: info.snehaapharma@gmail.com 

Snehaa Organics IPO Reservation

Investor Category

Shares Offered

QIB Shares

Not less than 50% of the Issue

Retail Shares

Not more than 35% of the Issue

NII Shares

Not Less than 15% of the Issue

Snehaa Organics IPO Lot Size Details

Application

Lots

Shares

Amount

Retail (Min)

2

2,000

₹2,44,000

Retail (Max)

2

2,000

₹2,44,000

S-HNI (Min)

3

3,000

₹3,66,000

S-HNI (Max)

8

8,000

₹9,76,000

B-HNI (Min)

9

9,000

₹10,98,000

Snehaa Organics IPO Promoter Holding

The promoters of the company include Mr. Nandigala Venkata Sai Harish, Mr. Nandigala Venkata Sai Kiran, and Ms. Samhitha Reddy Tera.

Share Holding Pre-Issue

99.99%

Share Holding Post Issue&nbsp

73.68%

Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.

Key Performance Indicators for Snehaa Organics IPO

KPI

Value

ROE (%)

49.66

RoCE (%)

50.38

PAT Margin (%)

27.98

EBITDA Margin (%)

43.52

Snehaa Organics IPO Prospectus

Snehaa Organics IPO Registrar and Lead Managers

Snehaa Organics IPO Lead Managers

  • Fast Track Finsec Pvt Limited

Registrar for Snehaa Organics IPO

Skyline Financial Services Pvt.Ltd

Snehaa Organics IPO Registrar

Financial Performance of Snehaa Organics Limited

Particulars Year ending on March 31, 2025 Year ending on March 31, 2024 Year ending on March 31, 2023
Revenue from Operation (in ₹ lakh) 2,622.33 2,371.79 1,365.23
Profit/loss After Tax (in ₹ lakh) 733.82 365.98 277.83
Current Ratio (x) 1.61 1.30 1.79
Net Worth (in ₹ lakh) 1,477.63 743.81 377.83
Return on Equity (%) 49.66 49.20 73.53
Return on Capital Employed (RoCE) (%) 50.38 46.70 50.33
EBITDA (in ₹ lakh) 1,141.24 583.04 416.97

Know before investing

Strengths

4
  1. Snehaa Organics has a management team with skilled employees ensuring operational efficiency and growth.

  2. Maintained consistent financial performance over several consecutive years.

  3. Customer base steadily growing, reflecting trust and long-term business relationships.

  4. Business model is scalable, reliable, and adaptable to market changes.

Risks

4
  1. Any changes in regulations, regulatory framework, or economic policies in India or abroad may impact national and international finance.

  2. A substantial portion of revenues depends on a limited number of customers; the loss of one or more major customers could impact the business.

  3. Dealing with hazardous materials involves significant risks and may lead to extraordinary losses.

  4. Non-compliance with regulations set by authorities in the pharmaceutical and chemical sectors could adversely impact operations.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

Snehaa Organics IPO FAQs

What is the Snehaa Organics IPO?

Snehaa Organics IPO is a book-built issue IPO. It runs from August 29, 2025, to September 2, 2025. 

When will the Snehaa Organics IPO be allotted?

The Basis of Allotment will happen on Wednesday, September 3, 2025.

When will the Snehaa Organics IPO open for subscription?

The IPO subscription window will open on August 29, 2025. 

What minimum lot size can retail investors subscribe to?

The minimum lot size retail investors can subscribe to is 2 lots, and the lot size is 1000 shares. 

When will the Snehaa Organics IPO list on exchanges?

The listing date for Snehaa Organics IPO is Friday, September 5, 2025. 

What is the issue size of the Snehaa Organics IPO?

The issue size of the Snehaa Organics IPO is ₹32.68 crore. 

What are the open and close dates of the Snehaa Organics IPO?

The open and close dates for Snehaa Organics IPO are from August 29, 2025 to September 2, 2025. 

What would be the listing gains on the Snehaa Organics IPO?

Listing gains cannot be ascertained before the listing of the IPO on the stock exchange. 

When will I know if my Snehaa Organics IPO order is placed?

You will receive a notification once your order is successfully placed with the exchange after the bidding starts. 

Who is the registrar of Snehaa Organics IPO? 

Skyline Financial Services Pvt.Ltd is the registrar responsible for managing the IPO allotment process and handling investor queries.  

Where is the Snehaa Organics IPO getting listed? 

The Snehaa Organics IPO is proposed to be listed on the National Stock Exchange (NSE) SME.