Sacheerome IPO Grey Market Premium (GMP) Update – June 3, 2025
Sacheerome Limited, a company specializing in fragrances and flavors, is set to launch its SME IPO on June 9, 2025. The company aims to raise approximately ₹61.62 crores through this public offering. The IPO price band is fixed between ₹96 and ₹102 per share, with a minimum lot size of 1200 shares.
Sacheerome IPO Overview
Founded in 1992 by Mr. Manoj Arora, who brings over 40 years of industry experience, Sacheerome Limited adheres to international quality standards including those set by IFRA, EU, FSSAI, and FEMA. The company is a member of Chemexcil and the Fragrances & Flavours Association of India (FAFAI).
IPO Key Details
| Feature | Details |
|---|---|
| IPO Opening Date | June 9, 2025 |
| IPO Closing Date | June 11, 2025 |
| Face Value | ₹10 per equity share |
| Price Band | ₹96 to ₹102 per share |
| Issue Size | ₹61.62 crores (approx.) |
| Fresh Issue | ₹61.62 crores (approx.) |
| Listing | NSE SME |
| Retail Quota | Up to 35% |
| QIB Quota | Up to 50% |
| NII Quota | Up to 15% |
| Market Lot Size | 1200 shares |
| Basis of Allotment | June 12, 2025 |
| Refunds | June 13, 2025 |
| Demat Credit Date | June 13, 2025 |
| IPO Listing Date | June 16, 2025 |
Sacheerome IPO Grey Market Premium (GMP) Status – June 3, 2025
| Parameter | Rate (₹) |
|---|---|
| IPO GMP | Not started yet (₹-) |
| Kostak Rate | Not started yet (₹-) |
| Subject to Sauda Rate | Not started yet (₹-) |
Important Notes on Sacheerome IPO GMP
- The GMP figures are dynamic and can fluctuate until the listing date.
- Investors are advised to evaluate the company’s fundamentals rather than rely solely on GMP or grey market rates.
- Sacheerome’s products comply with stringent global standards, which may influence investor confidence positively.
This IPO presents an opportunity to invest in a reputed player in the fragrance and flavor industry with a strong legacy and adherence to international quality norms.
Information valid as of June 3, 2025, 7:34 PM IST.