Snehaa Organics Ltd IPO
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Snehaa Organics Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| TBA | TBA | TBA | TBA | DBC | ₹ 32.68 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 29 Aug, 25 | 02 Sep, 25 | 1000 | ₹ 1,15,000 | Book Building - SME | 05 Sep, 25 |
Snehaa Organics Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Trading |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 0 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Snehaa Organics Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 5.82 | 4.24 | 3.62 |
| EBITDA | 6.62 | 4.68 | 4.38 |
| PAT | 3.66 | 2.78 | 1.54 |
| Total Assets | 8.22 | 6.06 | 5.60 |
| Share Capital | 1.00 | 1.00 | 4.00 |
| Total Borrowings | 3.64 | 1.16 | 4.07 |
| Operating Activities (Net Cash) | 4.46 | 3.22 | 2.30 |
| Investing Activities (Net Cash) | -0.47 | -0.04 | 0.00 |
| Financing Activities (Net Cash) | 3.64 | 1.16 | 4.07 |
| Net Cashflow | 0.17 | 0.14 | 0.35 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
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.
Peer Comparison:
- No listed Industry Peers
Snehaa Organics Ltd IPO Key Points
Strengths
- Experienced and Qualified Management and Employee base.
- Strong and Consistent Financial Performance.
- Growing customer base.
- Scalable and reliable business model.
- Experienced Promoters and Senior Management with extensive domain knowledge.
Risk
- We derive a significant part of our revenue from selected customers. If one or more of such customers choose not to source their requirements from us, our business, financial condition and results of operations may be adversely affected.
- The property used by the Company for the purpose of its warehousing and Registered office is not owned by us. Any termination of the relevant rent agreement in connection with such property or our failure to renew the same could adversely affect our operations.
- The Company is dependent on few suppliers for purchase. Loss of any of these large suppliers may affect our business operations.
Strategy
- Expansion and Diversification within the Same Industry.
- Focus on Operational and Functional Efficiencies.
- Increase Market Share by Expanding Customer Base.
- Sustainability and Environmental Compliance.
- Experienced and Qualified Management and Employee base.
- Strong and Consistent Financial Performance.
- Growing customer base.
- Scalable and reliable business model.
- Experienced Promoters and Senior Management with extensive domain knowledge.
How To Apply for Snehaa Organics Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
