Sacheerome Limited, a creative house of fragrance and flavour innovators, is making a bold market entry with its SME IPO. Known for crafting nostalgic and emotionally evocative olfactory experiences, the company has gained significant momentum in the premium fragrance segment across industries. The IPO reflects its ambition to scale innovation and infrastructure.

IPO Details & Timeline

The Book Built Issue of Sacheerome totals ₹61.61 crores, comprising a fresh issue of 60.40 lakh shares. The IPO opened on June 9, 2025, and closed on June 11, 2025. The price band is set between ₹96 to ₹102 per equity share, with a lot size of 1,200 shares.

• Retail investment: Minimum ₹1,22,400 (1 lot)

• HNI investment: Minimum ₹2,44,800 (2 lots)

• Tentative listing date: June 16, 2025

• Expected Market Capitalisation: ₹228.20 crore at upper band

• Registrar: Link Intime India Pvt Ltd

• Lead Manager: GYR Capital Advisors Pvt Ltd

• Market Maker: Giriraj Stock Broking Pvt Ltd

IPO Subscription Status (Final Day)

As of 11:30 AM on June 11, 2025, the IPO received 71.28 times subscription, signalling robust investor interest. Investors can check real-time data on the NSE platform for live updates.

Anchor Investor Participation

Sacheerome raised ₹17.53 crores from anchor investors by allotting 17,19,600 equity shares at ₹102 per share. These shares were issued from the Qualified Institutional Buyers (QIBs) quota.

Grey Market Premium (GMP) Insights

The GMP is ₹13, suggesting an expected listing price of ₹115, reflecting a 12.74% potential gain. However, investors must remember that GMP is unofficial and unregulated, and actual listing price can differ.

GMP Trend Chart

How to Check Sacheerome IPO Allotment Status

The IPO allotment will be finalized on June 12, 2025. To check status:

1. Visit the Registrar Website

2. Select Sacheerome Limited IPO

3. Enter your PAN, Application No., or DP/Client ID

4. Click on Submit to view your status

IPO Objectives

The net proceeds from the IPO will be used as follows:

1. ₹5.65 crore to set up a new manufacturing facility at Sector-32, YEIDA, Gautam Buddha Nagar, UP

2. Remaining funds will be used for general corporate purposes

Company Overview & Promoter Background

Sacheerome is led by Mr. Manoj Arora and Mrs. Alka Arora. With over 40 years of experience, Mr. Arora spearheads R&D and general management, driving the innovation engine of the company. The brand is known for blending creativity with science to develop world-class fragrances and flavours for FMCG, pharma, and other sectors.

Financial Performance Overview

Sacheerome has shown consistent revenue and profit growth across the past few years.

The steady growth indicates strong business fundamentals, effective cost management, and operational expansion.

Key Financial Ratios

• Pre-Issue EPS (FY24): ₹9.79

• Post-Issue EPS (FY24): ₹7.14

• Pre-Issue P/E: 10.41x

• Post-Issue P/E: 14.28x

• ROCE (FY24): 33.00%

• ROE / RoNW (FY24): 25.78%

These indicate that the IPO is fairly valued given the company’s growth and profitability metrics.

Sacheerome IPO Review: Should You Invest?

Sacheerome’s IPO is positioned well in the SME space, with:

• A strong brand identity in the premium fragrance segment

• Proven leadership and domain expertise

• Consistent financial growth

• Reasonable valuation multiples

The GMP of ₹13 indicates moderate listing gains potential, and the 71.28x oversubscription reflects strong market interest. However, being an SME IPO, liquidity may remain low post-listing, and investors must consider their risk appetite.

Disclaimer

This article is for educational and informational purposes only and does not constitute financial advice. Investment decisions should be based on individual risk tolerance and consultation with SEBI-registered advisors. Market conditions are volatile and subject to change. Neither the author nor the platform is responsible for losses arising from use of this information.

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The Current active IPO are Jainik Power Cables, Sacheerome Limited.

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