Categories: Business

Snehaa Organics IPO Day 3 Oversubscribed: Why Retail Investors Are Rushing In, Check Details?

Snehaa Organics Ltd. is oversubscribed to 116.83 times on its last day of Subscription. The IPO will close today, September 02, 2025. The company has its specialization in solvent recovery and recycling, offering green and cost-effective solutions across pharmaceuticals, agrochemicals, specialty chemicals, and paints.

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Published by Ankur Mishra
Last updated: September 3, 2025 11:35:54 IST

Snehaa Organics Ltd has been launched its initial public offering (IPO) for subscription from August 29, 2025. The last day of IPO has strongly attracted retail investors across segments. The ₹32.68 crore public issue, which opened on August 29, 2025, will remain open for bidding until September 2, 2025.

The strong demand signals growing confidence in the company’s sustainability driven business model by the Retail Investors.

Snehaa Organics Ltd IPO Details

  • Bid Opening Date: August 29, 2025
  • Bid Closing Date: September 2, 2025
  • IPO Size: ₹32.68 crore
  • Price Band: ₹115 ₹122
  • Min Investment: 1,000 shares
  • Allotment of Shares: September 3, 2025
  • Expected Listing NSE/SME: September 5, 2025

Snehaa Organics Ltd: Subscription Status on Day 3

As of Day 3, the IPO has been subscribed 116.83 times overall. Segment-wise investors participation:

• Total IPO Subscription: 116.83

• Retail Investors Subscribed: 24.98x

• Qualified Institutional Buyers (QIBs) Subscribed: 21.19x

• Non-Institutional Investors (NIIs) Subscribed: 6.41x

(Subscription Data: September 02, 2025 | 14:55 am)

Snehaa Organics Ltd: Company Background

Snehaa Organics Ltd was founded in October 2017. The company has its specialization in solvent recovery and recycling, offering green and cost-effective solutions across pharmaceuticals, agrochemicals, specialty chemicals, and paints.

The company has gradually expanded its manufacturing capacity, equipped with 60 KL kettles and 27 KL reactors, and distinguished strong B2B associations in organized, structured, and quality-sensitive markets.

(Disclaimer: The above article is only for the purpose of information. It does not constitute financial guidance in any form(s). Investors here are suggested to carefully review the prospectus and refer to a registered financial advisor or certified investment professional before they finalise any investment. Similarly, past performances are not an indication of future outcomes. Investments are subject to market risks.)

Also Read: Tata Capital Plans Massive IPO: Why Is It Bigger Than Zomato, Paytm, And Nykaa Combined Launches?

Published by Ankur Mishra
Last updated: September 3, 2025 11:35:54 IST

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