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:
- To meet the working capital requirements of the company
- Repayment of loans availed by the company
- General Corporate Purposes
- 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?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Snehaa Organics IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- 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:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- 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  |
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
- Contact Number: 011 2681 2683
- Email Address: admin@skylinerta.com
Snehaa Organics IPO Registrar
Financial Performance of Snehaa Organics Limited
| Particulars | Year ending on March 31, 2025 | Year ending on March 31, 2024 |
|---|---|---|
| Revenue from Operation (in ₹ lakh) | 2,622.33 | 2,371.79 |
| Profit/loss After Tax (in ₹ lakh) | 733.82 | 365.98 |
| Current Ratio (x) | 1.61 | 1.30 |
| Net Worth (in ₹ lakh) | 1,477.63 | 743.81 |
| Return on Equity (%) | 49.66 | 49.20 |
| Return on Capital Employed (RoCE) (%) | 50.38 | 46.70 |
| EBITDA (in ₹ lakh) | 1,141.24 | 583.04 |
Know before investing
Strengths
8Snehaa Organics has a management team with skilled employees ensuring operational efficiency and growth.
Maintained consistent financial performance over several consecutive years.
Customer base steadily growing, reflecting trust and long-term business relationships.
Business model is scalable, reliable, and adaptable to market changes.
Recycling initiatives could gain momentum through potential tax incentives and subsidies.
Innovations in solvent recovery methods can improve efficiency and lower operational costs.
Increasing emphasis on waste reduction and resource optimization is likely to drive solvent recycling adoption.
Rising global demand for sustainable and recycled chemicals opens new avenues for international trade.
Risks
8Any changes in regulations, regulatory framework, or economic policies in India or abroad may impact national and international finance.
A substantial portion of revenues depends on a limited number of customers; the loss of one or more major customers could impact the business.
Dealing with hazardous materials involves significant risks and may lead to extraordinary losses.
Non-compliance with regulations set by authorities in the pharmaceutical and chemical sectors could adversely impact operations.
Establishing solvent recovery plants involves substantial upfront investment.
Some recycling techniques consume large amounts of energy, driving up operating costs.
Fluctuations in virgin solvent prices can make them more cost-effective than recycled alternatives.
Industrial preferences and economic shifts can impact the demand for recycled solvents.
