Snehaa Organics Limited
Bookbuilding IPO · NSE
- Price band
- ₹115 - ₹122
- Lot size
- 1,000 shares
- Issue amount
- ₹32.68 cr
- Total subscription
- 27.81×
- Opens
- 29 Aug 2025
- Closes
- 2 Sept 2025
- Allotment
- 3 Sept 2025
- Listing
- 5 Sept 2025
Offer at a glance
Issue overview
- Issue size
- 26,79,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,15,000
- Fresh issue
- ₹32.68 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,22,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 75,00,000
- Shares after issue
- 1,01,79,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,000 | ₹2,44,000 |
| sHNI | 3 | 3,000 | ₹3,66,000 |
| bHNI | 9 | 9,000 | ₹10,98,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 12 |
| NIB | 0 | 3,236 |
| RETAIL | 605 | 22,850 |
| HNIs(10L +) | 269 | 1,419 |
| HNIs (2-10L) | 134 | 1,817 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 1.54 | 64.86 |
| FIIs | 0 | 38.54 |
| Others | 0 | 26.32 |
| RETAIL | 14.76 | 557.54 |
| HNIs 2+ | 4.92 | 74.29 |
| HNIs 10+ | 9.83 | 166.79 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 9.88 | 4.88 | 4.76 |
| ROE | 49.46 | 49.2 | 73.53 |
| ROCE | 50.38 | 46.7 | 50.33 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 12.47 | 0 | 0 |
| POST IPO(PE) | 16.92 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
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.
Strengths
- Strong Pharma Reputation: trusted by pharmaceutical clients for reliable solvent recovery, driving long-term opportunities
- Advanced Infrastructure: modern distillation and purification facilities ensure efficient recovery with high yield and quality
- Diverse Market Reach: multiple industry presence and established suppliers provide stability and reduce dependency
Risk factors
- Customer Dependence: significant revenue from a few clients, loss of any may affect business and financials
- Property Lease Risk: reliance on rented warehouses and office, non-renewal or termination may disrupt operations
- Supplier Dependence: limited supplier base, loss of a key partner may impact raw material supply and continuity
Promoters
Mr. Nandigala Venkata Sai Harish
Mr. Nandigala Venkata Sai Kiran
Ms. Samhitha Reddy Tera
Registrar & documents
Lead manager
Fast Track Finsec Private Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No 290 & 291 Dulapally Adjacent to Ida Jeedimetla, Quthbullapur, Rangareddi Quthbullapur, Telangana, 500055
+91 8309404803
[email protected]Company website ↗Understanding SNEHAA IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.