Hyderabad’s Snehaa Organics, a solvent recycling firm, will list on NSE SME. Its IPO saw strong subscription, especially from QIBs and retail investors. The company plans to use IPO funds for working capital and debt repayment. Snehaa Organics focuses on sustainable solvent recovery for pharma and chemical industries. Revenue and profit have shown growth.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets