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Snehaa Organics Subscription Day 2 

  • September 16, 2025
  • Posted by: sachet
  • Category: IPO
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Snehaa Organics Subscription Day 2

Here, Snehaa Organics launched on 29th August 2025. The issue will be closed for bidding today, on 2nd September 2025. The primary aim of Snehaa Organics is to raise ₹32.68 crores from the market. Additionally, Snehaa Organics has received an impressive level of subscriptions, indicating that the shares will be listed at a remarkable premium. Scroll down to check the Snehaa Organics subscription and details. 

Table of Contents

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  • Snehaa Organics Details 
  • Snehaa Organics Subscription Status
  • Snehaa Organics GMP Today
  • About Snehaa Organics Ltd.
  • Snehaaa Organics Limited Financials
    • Explanation
  • Technical Indicators
  • Snehaa Organics Listing Expectations
  • Snehaa Organics Dates

Snehaa Organics Details 

IPO Open Date29th August 2025
Face Value ₹10 per share
Price Band₹115 to ₹122 per share
Lot Size1,000 Shares
Issue TypeBookbuilding IPO
Listing AtNSE & SME
IPO Close Date 2nd September 2025
Listing Date 5th September 2025

The price band for Snehaa Organics has been prescribed as ₹115 to ₹122 per share, with a total of 26,79,000 shares issued. Let’s segregate the share quota fixed for different categories of investors. 

CategoriesShares Offered% Shares offered
Market Maker Shares Offered1,34,0005.00%
QIB Shares Offered1,26,0000.00%
NII (HNI) Shares Offered12,09,00045.13%
Retail Investors12,10,00045.17%
Total Shares Offered26,79,000100.00%

Snehaa Organics Subscription Status

As of now, Snehaa Organics has been subscribed to 7.78 times. Of these, 13.35 times are subscribed by retail investors, 2.91 times by non-institutional investors, and 1.02 times by QII (Qualified Institutional Investors).  

The healthy subscription status indicates that investors are expecting higher returns at the time of the Snehaa Organics listing on 5th September 2025. Snehaa Organics also has a positive outlook behind the fresh issue of 0.27 crore shares, which is expected to raise around Rs 32.68 crore.

Snehaa Organics GMP Today

We know that higher subscription prices encourage grey market premiums for IPOs. Let’s explore the Snehaa Organics GMP for 1st September 2025. 

The grey market premium for this IPO is 16.39% or Rs 20 per share. It indicates that the estimated listing price per share is Rs 142. Numerous factors played a pivotal role in this jump in Snehaa Organics’ IPO GMP. These include higher subscription rates received, positive market sentiments, and investors’ positive attitude towards IPOs. 

About Snehaa Organics Ltd.

Snehaaa Organics Limited was established in October 2017 and operates in solvent recovery, providing sustainable solutions for industries that use solvents. The company collects spent solvents and uses distillation and purification technologies to reuse them. Its workforce ensures efficient recovery from diverse solvent mixtures with high batch variability. The company trades solvents directly, sourcing raw materials, assessing quality, and selling in the open market. It has a manufacturing facility in Hyderabad, Telangana, across 3,300 sq. ft.

Snehaaa Organics Limited Financials

The company’s financial analysis is essential before applying for the Snehaaa Organics  IPO. Look at the table to learn about Snehaaa Organics Limited’s financials. 

Year Ended31st March 2025 (in cr.)31st March 2024 (in cr.)31st March 2023 (in cr.)
Assets30.0617.1010.80
Revenue26.2923.8020.41
Profit After Tax7.343.663.25
EBITDA11.415.834.17
Net Worth14.787.443.78
Reserve and surplus7.286.442.78
Total Borrowing9.093.923.59

Explanation

Snehaaa Organics Limited’s revenue increased by 10% from ₹23.80 crores in March 2024 to ₹26.29 crores in March 2025. Moreover, the company’s PAT rose by 101% from ₹3.66 crores to ₹7.34 crores.

Technical Indicators

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of Snehaa Organics.

Key IndicatorsValue
PE Ratio (Price-to-Earnings) 12.47
EPS (Earnings Per Share)9.78
RoNW49.66%
ROCE50.38%
ROE49.66%
EBITDA Margin43.52%
Price to Book Value0.83
Market Capitalisation₹124.18 Cr

Snehaa Organics Listing Expectations

Snehaa Organics IPO allotment is still pending. However, according to current GMP or market sentiments, it is reasonable to expect higher listing gains from the share. A 16.39% jump in Snehaa Organic GMP indicates that the estimated listing price per share will be approximately Rs 20.

It will provide higher listing gains to investors who applied for this IPO. Additionally, the financial fundamentals of this business made it the experts’ top long-term recommendations. 

Snehaa Organics Dates

IPO Open Date29th August 2025
IPO Close Date2nd September 2025
Allotment3rd September 2025
Refund Date4th September 2025
IPO Listing Date5th September 2025

Note: IPO GMP is highly volatile, influenced by market sentiment. Hence, one should conduct their research before investing in it.



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