Snehaa Organics Ltd IPO

About Snehaa Organics Ltd

Our company was originally formed as partnership firm under the Indian Partnership Act, 1932 in the name and style of Snehaa Pharma Chemicals, pursuant to a deed of partnership dated October 26, 2017. Further, Snehaa Pharma Chemicals was converted from partnership firm to a Private Limited Company in the name of Snehaa Organics Private Limited vide Certificate of Incorporation dated July 05, 2022 issued by Registrar of Companies, Central Registration Centre, bearing CIN U24290TG2022PTC164443.Thereafter, our Company was converted into a Public Limited Company pursuant of a special resolution passed by the members of our Company at the Extra Ordinary General Meeting held on December 18, 2024. A fresh Certificate of Incorporation consequent to conversion was issued on January 07, 2025 by the Registrar of Companies, CPC, Manesar Haryana and consequently the name of our Company was changed from Snehaa Organics Private Limited to Snehaa Organics Limited. The Company's Corporate Identification Number is U24290TG2022PLC164443.

Solvents are versatile chemical substances that facilitate the dissolution, dilution, or dispersion of other materials without changing their chemical structure. They are crucial across various industries, including pharmaceuticals, chemicals, coatings, food processing, and cleaning, due to their ability to enhance formulation processes and extraction techniques. Solvent recovery is a process designed to extract and reclaim solvents from waste or by-products generated during industrial operations. This method purifies used solvents, making them suitable for reuse in production processes. By reducing the need to purchase new solvents and minimizing waste disposal, solvent recovery significantly lowers operational costs and environmental impact. It is widely employed across industries such as pharmaceuticals, chemicals and manufacturing. Without solvent recovery, many industrial processes would become economically unviable due to the high cost of solvent procurement and disposal. In India, various solvent recovery processes are employed across different industries to optimize efficiency, reduce costs, and enhance environmental sustainability.

Snehaa Organics Limited operates in the solvent recovery and recycling sector, providing sustainable solutions for industries that utilize solvents in their processes. The company collects spent solvents from various industries and employs distillation and purification technologies to process them for reuse. Company's workforce ensures efficient recovery from diverse solvent mixtures, including those with significant variability between batches. Each batch undergoes comprehensive quality control measures to align with industry requirements. The company also maintains a testing facility to address specific customer needs. The recovered solvents are returned to the respective companies for reuse, while the additional purified solvents are sold in the market, supporting resource efficiency and waste reduction. Additionally, the company engages in direct trading of solvent, sourcing raw materials from suppliers, conducting quality assessments, and sold them in the open market.

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