Sacheerome IPO Lists at ₹153 with 50% Premium on NSE

Date: June 16, 2025
Author: Vijay Prajapati

Strong Market Debut for Sacheerome IPO

Sacheerome Limited made an impressive entry into the stock market as its IPO got listed at ₹153 on the NSE, marking a 50% premium over its issue price of ₹102. The listing significantly outperformed the latest grey market premium (GMP), which hovered around ₹27 ahead of the debut.

IPO Subscription Highlights

The Sacheerome IPO witnessed overwhelming demand from all investor segments, closing with a massive 312.94 times oversubscription. Here’s how each category performed:

• Retail Investors: 180.28 times subscribed
• Non-Institutional Investors (NII): 808.56 times subscribed
• Qualified Institutional Buyers (QIB): 173.15 times subscribed

IPO Structure & Key Details

The IPO was entirely a fresh issue worth ₹61.62 crores, with shares having a face value of ₹10. The price band was set between ₹96 to ₹102 per share.

Retail investors were allowed to apply for a minimum and maximum of 1 lot (1,200 shares), amounting to an investment of ₹1,22,400. For S-HNI investors, the minimum application was for 2 lots (2,400 shares) requiring ₹2,44,800.

Important Dates

• IPO Opened: June 9, 2025
• IPO Closed: June 11, 2025
• Allotment Finalized: June 12, 2025
• Refund Initiated: June 13, 2025
• Listing Date: June 16, 2025

Use of IPO Proceeds

The capital raised through this IPO will primarily be utilized to establish a new manufacturing facility located at 1459 B, Sector-32, YEIDA, Gautam Buddha Nagar, Uttar Pradesh. A portion of the funds will also be used for general corporate purposes.

About Sacheerome Limited

Established in 1992 by Mr. Manoj Arora, Sacheerome Limited is a well-known name in the fragrance and flavour industry. With over four decades of experience, the company has built a strong reputation for delivering high-quality, compliant products across global and domestic markets.

Sacheerome is affiliated with Chemexcil and the Fragrances & Flavours Association of India (FAFAI), and ensures adherence to standards laid by IFRA, EU, FSSAI, and FEMA.

Financial Performance Snapshot

Financial Year	Total Revenue	Net Profit
FY 2023–24	₹41.21 crore	₹1.40 crore
FY 2022–23	₹53.19 crore	₹0.93 crore