Snehaa Organics IPO Set to Launch: A Green Investment Opportunity
Snehaa Organics, a sustainable solutions provider, has announced its IPO price band and dates. The IPO opens on August 29, targeting Rs 32.68 crore through 27 lakh equity shares. Proceeds will fund working capital and corporate expenses. Shares list on NSE SME post-allotment by September 5.
- Country:
- India
Snehaa Organics, a leader in green and sustainable solutions, is set to launch its initial public offering (IPO) between Rs 115 to Rs 122 per share from August 29.
This Rs 32.68-crore offering, comprising a new issue of 27 lakh equity shares, concludes on September 2, serving the company's working capital and other corporate expenses.
Established in 2017, Snehaa specializes in solvent recovery and sustainable industry solutions. The company reported notable financial growth, with yearly earnings of Rs 20.58 crore to December 2024. The shares are expected to list on the NSE SME on September 5.
(With inputs from agencies.)
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