Snehaa Organics IPO

Snehaa Organics, incorporated in 2017, operates in the solvent recovery and recycling sector, providing sustainable solutions for industries utilising solvents. The company collects spent solvents from various industries and employs distillation and purification technologies to process them for reuse.

Snehaa Organics IPO

Solvent Recovery & Recycling Company

LIVE IPO
IPO Date
29th Aug – 02nd Sep 2025
Listing Date
05 Sep 2025
Price Range
₹115 – ₹122
Lot Size
1000 shares
₹122,000 (Retail)
Issue Size
₹32.68 Crores
📅 IPO Schedule
Event Date
Issue Open Date29 Aug 2025
Issue Close Date02 Sep 2025
UPI Mandate Deadline02 Sep 2025 (5 PM)
Allotment Finalization03 Sep 2025
Refund Initiation04 Sep 2025
Share Credit04 Sep 2025
Listing Date05 Sep 2025
Mandate End Date17 Sep 2025
Lock-in End Date (50% Anchor)03 Oct 2025
Lock-in End Date (Remaining Anchor)02 Dec 2026
🏢 About Snehaa Organics

Snehaa Organics, incorporated in 2017, operates in the solvent recovery and recycling sector, providing sustainable solutions for industries utilising solvents. The company collects spent solvents from various industries and employs distillation and purification technologies to process them for reuse.

With 54 employees as of February 2025, Snehaa maintains a testing facility and implements comprehensive quality control measures for diverse solvent mixtures with batch variability. The company returns recovered solvents to clients for reuse whilst selling additional purified solvents in the open market, and also engages in direct solvent trading through sourcing, quality assessment, and market sales.

💰 Financial Details

Issue Size Breakdown

Overall Issue ₹32.68 Crores
Fresh Issue ₹32.68 Crores

Fund Utilization

Working Capital Requirements
₹23.95 Cr (73%)
Repayment of Loans
₹3.50 Cr (11%)
General Corporate Purposes & Issue Expenses
₹5.23 Cr (16%)
💪 Company Strengths
  • Experienced and qualified management team with a skilled employee base providing operational excellence
  • Strong and consistent financial performance demonstrating business stability and growth trajectory
  • Growing customer base across various industries requiring solvent recovery and recycling services
  • Scalable and reliable business model with sustainable solutions for industrial solvent management
  • Experienced promoters and senior management with extensive domain knowledge in solvent recovery sector
⚠️ Risk Factors
  • High dependence on selected customers for significant revenue, and losing major clients could adversely affect business operations
  • Operations conducted from leased properties create vulnerability where lease termination could disrupt business activities
  • Contingent liabilities exist that may materially affect the company’s financial condition and operational flexibility
📊 Subscription Status

Application statistics recorded at 5:00 PM on September 01, 2025:

Category Reserved (Lakhs) Applied (Lakhs) Subscription
Institutional 1.26 1.29 1.02x
NII 12.09 35.03 2.90x
Retail 12.10 159.24 13.16x
Total 25.45 195.56 7.68x

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