Snehaa Organics IPO, Aug. 29 -- 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 Rs.32.68 crore SME IPO is a fresh issue of 26,79,000 shares.

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.

1. Snehaa Organics IPO GMP: According to market sources, the latest grey market premium (GMP) of Snehaa Organics shares was Rs.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 F...