Snehaa Organics IPO: The initial public offering (IPO) of Snehaa Organics opened for public subscription on Friday, August 29, and will remain so until Tuesday, September 2. The ₹32.68 crore SME IPO is a fresh issue of 26,79,000 shares.
Snehaa Organics IPO subscription status
By 1:30 PM on Friday, the issue had seen an overall subscription of 1.16 times, with the retail portion booked 1.7 times, and the segment reserved for NIIs subscribed to 0.67 times. QIB’s portion was booked 1 time.
Snehaa Organics IPO details
1. Snehaa Organics IPO GMP: According to market sources, the latest grey market premium (GMP) of Snehaa Organics shares was ₹32. The latest GMP indicates the stock could be listed at a premium of 26 per cent.
2. Snehaa Organics IPO date: The SME IPO opened for subscription on Friday, August 29. It will conclude on Tuesday, September 2.
3. Snehaa Organics IPO price: The price band of the IPO has been fixed at ₹115 to ₹122 per equity share.
(This is a developing story. Please check back for fresh updates.)
