Mumbai, Sept. 5 -- The scrip was listed at Rs 122, matching the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 122 and a low of Rs 115.90. About 7.70 lakh shares of the company changed hands at the counter.

Snehaa Organics' IPO was subscribed 26.41 times. The issue opened for bidding on 29 August 2025 and it closed on 2 September 2025. The price band of the IPO was fixed between Rs 115 to Rs 122 per share.

The IPO comprised fresh issue of 26,79,000 equity shares. The promoter and promoter group shareholding diluted to 73.68% from 99.99% pre-issue.

The company intends to utilize the net proceeds to meet the working capital requirements of the...