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Snehaa Organics IPO
27.65xsubscribed

Snehaa Organics IPO

Chemicals
listed
₹2.30LMin. investment

Snehaa Organics Limited IPO Details

SectorChemicals
Price range₹115 – ₹122
IPO type
SME
Lot size1000 shares
Issue size₹32Cr
Red Herring Prospectus
Read
Market cap
₹124.18CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹26.22CrLower than sector avg
Growth rate3Y CAGR
24.30%

Snehaa Organics IPO Subscription Status

Date
QIB
NII
Retail
Total
29-Aug-25
1.0 times (X)
1.05 times (X)
2.92 times (X)
1.94 times (X)
01-Sep-25
1.02X
3.01X
13.22X
7.77X
02-Sep-25
42.19X
16.3X
37.48X
27.65X

As on 29-Aug-25, 5:30 PM

Snehaa Organics IPO Timeline

  1. Pre-apply
    26 Aug 2025
  2. Bid start
    29 Aug 2025
  3. Bid end
    2 Sep 2025
  4. Allotment
    3 Sep 2025
  5. Release of funds
    4 Sep 2025
  6. Demat transfer
    4 Sep 2025
  7. Listing
    5 Sep 2025

About Snehaa Organics Limited

Snehaa Organics operates in the solvent recovery and recycling sector. The company collects spent solvents from various industries and processes them through distillation and purification technologies, providing sustainable solutions for pharmaceutical and allied industries. The company operates a manufacturing facility in Hyderabad with an installed annual capacity of 8,640 MT and achieved a capacity utilisation of 88.15% in FY25. Revenue came from distilled product sales (45.70%), job work (35.01%), and direct trade (19.29%). Key products were Ethyl Acetate (29%), Toluene (27%), and Mixed Solvents (11%). Revenue was split between corporate customers (50.52%) and dealers (49.48%). The company’s revenue is primarily derived from Telangana, with additional contributions from West Bengal, Maharashtra, and Andhra Pradesh.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
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Objectives of Snehaa Organics Limited IPO

Working capital
73.26%
The company will utilise ₹23.94 crore towards the working capital requirements.
General corporate purposes
16.10%
Part of the IPO proceeds will be used for general corporate purposes.
Repayment of loans
10.71%
The company will utilise ₹3.5 crore towards repayment of loans.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹26.22Cr24.30%₹7.34Cr₹124.18Cr12.470.61
This sector (avg.)₹778.53Cr0%₹63.39Cr₹4,831.31Cr115.610.47
₹13,140.31Cr---₹2,096.17Cr₹1,45,645.1Cr65.540.05
₹7,540.26Cr---₹1,287.93Cr₹1,21,980.6Cr92.360.22
₹14,693.07Cr---₹1,250.78Cr₹83,482.13Cr46.920.37

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

Snehaa Organics IPO Contact Details

Company NameSnehaa Organics Limited

How to apply for Snehaa Organics IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Snehaa Organics Limited IPO FAQs