Description
NSE announces listing of Snehaa Organics Limited equity shares on EMERGE SME Platform effective September 05, 2025.
Summary
NSE announces the listing of Snehaa Organics Limited equity shares on the EMERGE SME Platform effective September 05, 2025. The company will trade under symbol SNEHAA with ISIN INE1OIC01018, initially in Trade for Trade Surveillance Segment (TFTS) before transitioning to normal rolling segment.
Key Points
- Company Symbol: SNEHAA
- ISIN: INE1OIC01018
- Face Value: Rs. 10/- per share
- IPO Issue Price: Rs. 122/- per share
- Total Securities: 10,179,000 equity shares
- Market Lot: 1,000 equity shares
- Trading Series: ST (Trade for Trade Surveillance Segment)
- Market Maker: Nirman Share Brokers Private Limited
- Registrar: Skyline Financial Services Private Limited
Regulatory Changes
- Initial trading in Series ‘ST’ (TFTS - Settlement Type ‘W’)
- Subsequent shift to Series ‘SM’ (Normal Rolling Segment - Settlement Type ‘N’)
- Part of pre-open session for IPO and Other category scrips
- Available for continuous market trading
- Market maker maximum permissible spread within 10%
Compliance Requirements
- Members must use designated security codes for trading
- Trading must be in specified lot sizes of 1,000 shares
- Securities will be identified only by designated codes
- Compliance with SEBI circulars CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012
Important Dates
- Effective Date: September 05, 2025
- Lock-in Period: Until September 29, 2026 (for certain shareholdings)
- Financial Year: April 2025 - March 2026
Impact Assessment
Medium impact on SME segment participants. New listing provides additional trading opportunities in pharmaceutical sector. Trade-for-trade surveillance indicates heightened monitoring. Lock-in provisions affect liquidity for significant portion of shares. Market makers ensure liquidity support during initial trading period.
Impact Justification
New SME listing with specific trading arrangements and lock-in provisions affecting market participants