Snehaa Organics IPO: A Promising Green Revolution in India with Rs 32.68 Crores

Published On: 28/08/20252.3 min read

Snehaa Organics IPO: A Promising Green Revolution in India with Rs 32.68 Crores

Snehaa Organics is poised to make an impactful entry into the Indian stock market with its initial public offering (IPO). The company is focused on sustainable organic solutions and recycling solvents, making this IPO a significant event for green investing enthusiasts. This article details the upcoming Snehaa Organics IPO, providing essential information that investors should know.

Company Overview

Snehaa Organics Limited, founded in 2022 and located in Telangana, specializes in environmental-friendly solutions, particularly in solvent recycling. The company’s mission is to minimize waste and create sustainable products that can be utilized in various industries, hence promoting a greener planet.

  • Year Founded: 2022
  • Industry: Organic Solutions and Solvent Recycling
  • Business Model: Manufacturing and recycling solvents
  • Founders: Not publicly specified
  • Revenue: INR 7 Crores projected for Mar-2025

IPO Details

  • IPO Type: SME IPO
  • Issue Size: Rs 32.68 Crores (Fresh Issue)
  • Price Band: Rs 115 – Rs 122 per share
  • Lot Size: 1,000 shares
  • GMP: Not Available
  • Open Date: August 29, 2023
  • Close Date: September 1, 2023
  • Listing Date: September 7, 2023

IPO Objectives

The proceeds from the IPO are aimed at funding working capital requirements and other corporate purposes, helping Snehaa Organics solidify its market position and enhance operational capabilities.

Pre-IPO Placements

This section provides details on any pre-IPO placements and major investors. As of now, specific investor information has not yet been disclosed.

Financial Highlights

  • Revenue (Last 3 Years):
    • FY 2021: Not Available
    • FY 2022: Not Available
    • FY 2023: Projected revenue of INR 7 Crores for Mar-2025
  • PAT: Not Available
  • ROE: Not Applicable

Peer Comparison

For a comprehensive comparison, investors should look at similar companies in the solvent recycling sector. Key metrics such as PE, ROE, and market cap will help gauge the competitive landscape.

Strengths

  • Focus on sustainable and eco-friendly products.
  • Innovative business model targeting the growing organic solvents market.
  • Pioneering recycling efforts in a traditionally wasteful sector.

Risks

  • Market competition from established players in the solvent recycling industry.
  • Dependency on the regulatory landscape concerning environmental policies.
  • Potential fluctuations in raw material costs.

Expert Verdict

While Snehaa Organics has a promising business model in a niche market, potential investors should weigh the risks against the growth opportunities in the eco-friendly sector before making any investment decisions.

Subscription Status

The IPO subscription status will be updated once the application period opens. Investors are encouraged to stay tuned for real-time tracking of the subscription rates, categorized into QIB, NII, and retail applications.

Allotment & Listing Timeline

  • Allotment Date: Expected on September 5, 2023
  • Listing Date: September 7, 2023

FAQs

  • What is the Snehaa Organics IPO price band? Rs 115 – Rs 122 per share.
  • When does the Snehaa Organics IPO open? August 29, 2023.
  • How much is the minimum lot size? 1,000 shares.

How to Apply

Investors can apply for the Snehaa Organics IPO through their registered stock brokerage accounts.

Latest News

Investor Education

IPO for Beginners: Understand How Initial Public Offerings Work

New to IPOs? Learn how Initial Public Offerings work, their benefits, risks, and how you can invest smartly in upcoming public companies.

Investing in an Initial Public Offering (IPO) can be an exciting opportunity for investors. IPOs offer a chance to get in on the ground floor of a company’s growth potential. This guide will provide you with the basics of IPO investment, including its benefits, risks, and why companies choose to go public.

Introduction to Mutual Funds: A Beginner’s Guide to Smart Investing

Explore how mutual funds help diversify your investments. This beginner’s guide explains types, benefits, and key tips for mutual fund investing.

Mutual funds have become a popular investment choice for individuals seeking to diversify their portfolios and achieve their financial goals. For beginners, understanding the basics of mutual funds is the first step towards making informed investment decisions.

Stock Market Basics: A Beginner’s Guide to Investing in Shares

Learn how the stock market works, why it's essential to the economy, and how you can start trading confidently as a first-time investor.

The stock market is often described as the backbone of modern economies. It’s a dynamic platform where individuals and institutions come together to trade shares of publicly listed companies. For beginners, the stock market might seem like a complex and intimidating space, but in reality, it’s a structured marketplace that fuels economic growth and provides opportunities for wealth creation.