Upcoming IPO, Aug. 26 -- Snehaa Organics' initial public offering (IPO) will open for public subscription this Friday, August 29, and will remain open until Tuesday, September 2. The company has fixed the issue price band at Rs.115 to Rs.122 per share.
The company's IPO is a fresh issue of 26,79,000 shares, aimed at raising Rs.32.68 crore. The company intends to use the net proceeds of the issue to meet its working capital requirements, repayment of some loans, general corporate purposes, and to meet the issue expenses.
Share allotment is expected on September 3, 2025, and the stock is proposed to be listed on the NSE SME platform on September 5, 2025. The minimum application size for retail investors is 2,000 shares ( Rs.2.4 lakh), whi...
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