Sacheerome IPO Opens: Fragrance Leader Targets NSE SME Listing with ₹61.61 Cr Issue
Sandip Raj Gupta
09/Jun/2025

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Sacheerome IPO opens on June 9 with fresh issue of 60.4 lakh shares and ₹61.61 Cr size
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GMP indicates possible 12.74% listing gains; IPO sees 0.98x subscription by Day 1 11 AM
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Sacheerome shows strong financial growth, led by experienced promoters and solid margins
Sacheerome Limited IPO is creating buzz among retail and HNI investors with its fresh issue of equity shares, modern fragrance business, and notable financial growth. The company’s IPO opens on June 09, 2025, and closes on June 11, 2025, offering a fresh issue worth ₹61.61 Crores comprising 60.40 lakh equity shares. This IPO is being floated on the NSE SME platform, and the shares are expected to list on June 16, 2025.
Company Overview
Sacheerome Limited operates in the fragrances and flavours industry, crafting sensory experiences that evoke nostalgia and imagination. With innovative formulations and a team of creative thinkers, the company stands as a symbol of olfactory artistry. The promoters, Mr. Manoj Arora and Mrs. Alka Arora, have built Sacheerome on the foundation of 40 years of R&D experience, focusing on product innovation, quality control, and strategic growth.
Sacheerome IPO Details
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IPO Open Date: June 09, 2025
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IPO Close Date: June 11, 2025
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Listing Date (Tentative): June 16, 2025
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Price Band: ₹96 to ₹102 per equity share
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Lot Size: 1,200 shares
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Minimum Retail Investment: ₹1,22,400
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Minimum HNI Investment (2 lots): ₹2,44,800
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Total Issue Size: ₹61.61 Crores
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Post Issue Market Capitalisation: ₹228.20 Crores (at ₹102/share)
GYR Capital Advisors Pvt. Ltd. is the Book Running Lead Manager (BRLM) while Link Intime India Pvt. Ltd. is the Registrar. Giriraj Stock Broking Pvt. Ltd. acts as the Market Maker.
Sacheerome IPO GMP (Grey Market Premium)
The GMP for Sacheerome IPO stands at ₹13, suggesting an expected listing price of ₹115, which is around 12.74% premium over the upper price band. However, investors should be cautious, as GMP is an unofficial market and not regulated, and hence should not form the only basis for investment decisions.
Sacheerome IPO Subscription Status (Live)
As of 11:00 AM on Day 1 (June 09), the IPO has been subscribed 0.98 times, indicating healthy investor interest on the opening day. The actual subscription may vary during the three-day window.
Sacheerome Anchor Investor Allocation
The company raised ₹17.53 Crores from anchor investors, issuing 17,19,600 shares at ₹102/share. The strong participation by anchor investors reflects institutional confidence in the business model.
Note: Anchor investments are made from the QIB (Qualified Institutional Buyer) quota. The allotment price is fixed at the upper end of the price band, indicating robust institutional demand.
Sacheerome IPO Objectives
The Net Proceeds from the issue will be utilised towards:
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₹5.65 Crores for setting up a new manufacturing facility in Yeida, Gautam Buddha Nagar, Uttar Pradesh
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General corporate purposes including working capital and administrative expenses
Financial Performance Highlights
Financial Year | Revenue (₹ Thousand) | EBITDA (₹ Thousand) | PAT (₹ Thousand) |
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FY 2022 | 6,43,626 | 89,685 | 45,497 |
FY 2023 | 7,09,281 | 1,03,640 | 59,941 |
FY 2024 | 8,63,978 | 1,64,537 | 1,06,730 |
FY 2025 (P) | 10,81,341 | 2,34,626 | 1,59,820 |
These numbers show a steady and consistent growth in revenue, operating margin, and net profit over the last four years.
Key Ratios and Valuations
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Pre-Issue EPS (FY24): ₹9.79
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Post-Issue EPS (FY24): ₹7.14
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Pre-Issue P/E Ratio: 10.41x
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Post-Issue P/E Ratio: 14.28x
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ROCE (FY24): 33.00%
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ROE (FY24): 25.78%
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RoNW (FY24): 25.78%
These valuation ratios indicate that the issue is reasonably priced, especially given the high returns and consistent profitability of the company.
Allotment & Listing Info
The IPO Allotment Date is June 12, 2025 (Thursday). Investors can check their allotment status by:
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Visiting the registrar’s IPO allotment link
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Selecting Sacheerome Limited from the dropdown
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Entering their PAN or application number or DP Client ID
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Submitting to view their allotment result
Sacheerome IPO Day-wise GMP Trend
Date | IPO Price | GMP | Expected Listing Price | Last Updated |
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03 June 2025 | ₹102 | ₹13 | ₹115 | 12:00 PM, 03 June |
The consistent GMP trend reflects growing investor optimism and potential for a successful listing.
Promoter Background
Mr. Manoj Arora, a seasoned entrepreneur with over 40 years of experience, leads Sacheerome’s strategic direction, operations, and R&D. His vision and technical know-how are key drivers behind Sacheerome’s success. Co-promoter Mrs. Alka Arora also plays a vital role in the company’s creative and administrative functions.
Expert Review
Given the company’s strong growth, solid financials, reasonable valuations, and decent GMP, this IPO is recommended for investors with moderate risk appetite. Sacheerome operates in a niche yet growing segment, and its strong R&D-backed product line makes it a good candidate for listing gains, though long-term prospects would depend on scalability and export strategies.
Final Recommendation:
Risk-tolerant investors may consider applying for listing gains. However, detailed analysis of post-listing performance and sectoral outlook is advised for long-term holding.
Disclaimer:
The above article is meant for educational and informational purposes only. It does not constitute investment advice or a recommendation. Investors must consult their SEBI registered advisors and evaluate their risk profile before applying. Market conditions are volatile and subject to change.
About the Author:
CA Abhay Kumar (CA Abhay Varn) is a SEBI Registered Research Analyst (Registration Number: INH300008465) and a qualified Chartered Accountant. Having over 8 years of experience in equity research, he brings industry insights with professional integrity and clarity.
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