Snehaa Organics IPO will open on August 29, 2025 and close on September 2, 2025. It is a Book Built Issue through which the company plans to raise around ₹32.68 crores, comprising a fresh issue of ₹32.68 crores and an offer for sale of up to [.] equity shares with a face value of ₹10 each.

The price band for the IPO is set at ₹115 to ₹122 per share. The quota distribution is 35% for retail investors, 50% for QIBs, and 15% for NIIs. The IPO is scheduled to be listed on the NSE on September 5, 2025, while the allotment date is fixed for September 3, 2025.

In terms of financial performance, the company reported a revenue of ₹23.80 crores in 2024, up from ₹13.72 crores in 2023. Its profit also increased to ₹3.66 crores in 2024 compared to ₹3.24 crores in 2023. Based on these financials, investors are advised to consider applying for this IPO with a long-term perspective.

About Snehaa Organics IPO

Snehaa Organics Limited, founded in October 2017, is one of the leading companies engaged in the solvent recovery and recycling business, providing eco-friendly solutions for industries that use solvents. The company collects used solvents from different industries, processes them through distillation and purification, and makes them reusable.

They recover solvents from various batches, check their quality to meet customer requirements, and then send the recovered solvents back to companies for reuse or sell them in the market. In addition, Snehaa Organics Limited also trades solvents by purchasing from suppliers, testing their quality, and selling them in the open market. As of February 28, 2025, the company has 54 employees.