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How to Check Snehaa Organics IPO Allotment Status?
Last Updated: 3rd September 2025 - 11:11 am
Snehaa Organics Limited operates in solvent recovery providing sustainable solutions for industries that use solvents, incorporated in October 2017. The company collects spent solvents and uses distillation and purification technologies to reuse them while trading solvents directly by sourcing raw materials, assessing quality, and selling in the open market, operating from a manufacturing facility in Hyderabad, Telangana across 3,300 sq. ft. with workforce ensuring efficient recovery from diverse solvent mixtures with high batch variability.
The Snehaa Organics IPO came with a total issue size of ₹32.68 crore, comprising entirely a fresh issue of 0.27 crore shares aggregating to ₹32.68 crore. The IPO opened on August 29, 2025, and closed on September 2, 2025. The allotment for the Snehaa Organics IPO is expected to be finalized on Wednesday, September 3, 2025. The Snehaa Organics IPO share price band was set at ₹115 to ₹122 per share.
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NSE SME: NSE SME IPO Allotment Status Page
Snehaa Organics IPO Subscription Status
Snehaa Organics IPO received excellent investor interest, being subscribed 27.75 times overall. The subscription showed strong confidence across categories in the Snehaa Organics IPO stock price potential. Here is a category-wise breakdown of the subscription as of 5:14:59 PM on September 2, 2025:
- Non-Institutional Investors (NII): 16.23 times.
- QIB Category: 42.19 times.
| Date | QIB | NII | Total |
| Day 1 August 29, 2025 | 1.00 |
1.06 |
1.95 |
| Day 2 September 1, 2025 | 1.02 |
2.91 |
7.79 |
| Day 3 September 2, 2025 |
2.03 |
16.23 |
27.75 |
Snehaa Organics IPO Share Price and Investment Details
The Snehaa Organics IPO stock price band was set at ₹115 to ₹122 per share with a minimum lot size of 1,000 shares. The minimum investment required for individual investors was ₹2,44,000 for 2 lots (2,000 shares). The issue included up to 1,34,000 shares reserved for market maker raising ₹1.63 crore. Given the excellent subscription response of 27.75 times overall, with QIB category showing outstanding response at 42.19 times and individual investors demonstrating exceptional response at 37.75 times, the Snehaa Organics IPO share price is expected to list with strong to excellent premium.
Utilisation of IPO Proceeds
The funds raised through the IPO will be utilised as follows:
- Working Capital Requirement: ₹23.94 crore.
- To Repayment of loans availed by the Company: ₹3.50 crore.
- General corporate purposes: Remaining amount.
Business Overview
Snehaa Organics Limited is a sustainable solvent recovery and recycling company providing environmentally responsible solutions for industries using solvents through collection of spent solvents and application of distillation and purification technologies for reuse, while also engaging in direct solvent trading through sourcing raw materials, quality assessment, and open market sales.
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