Snehaa Organics Ltd. has announced public offering of 1873000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 112.00 per share. The gross proceeds of the issue are expected to be Rs 2,285.06 lakhs.
The company's initial public offer (IPO) will open on 29 August 2025 and is expected to close on 02 September 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 115.00-122.00 per share.
The IPO includes a fresh Issue of 1873000 Equity Shares of the Company at an price of Rs 122.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.
Snehaa Organics Ltd. anticipates using the proceeds of the issue for .
Fast Track Finsec Pvt. Ltd. as lead manager & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.