| Initial public issue of 26,79,000 equity shares of face value
Rs. 10/- each of Snehaa Organics Limited. ("Snehaa" or the "company" or the "issuer") for cash at a price of Rs. 122/- per equity share ("issue price") including a share premium of 112/- per equity share), aggregating to Rs. 32.68 crores ("the issue"), out of which, 1,34,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 122/- per equity share aggregating to Rs. 1.63 crores will be reserved for subscription by market maker ("market maker reservation portion"). The issue less the market maker reservation portion i.e. issue of 25,45,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 122/- per equity share aggregating to Rs.31.05 crores is hereinafter referred to as the "net issue". The issue and the net issue will constitute 26.32% and 25%, respectively of the post issue paid up equity share capital of the company. |