Sacheerome Lists At 90% Premium

Mumbai, June 16, 2025: Sacheerome Limited marked its stock market entry with a spectacular performance, launching on the NSE SME platform at ₹193.80 per share a significant 90% leap over its IPO price of ₹102.

Strong Investor Interest Fuels Positive Opening

During the special pre-open session, the stock witnessed a remarkable demand-supply gap, with buy orders amounting to 7,15,200 shares against sell offers of just 2,96,400 shares. This demand surge pushed the listing to the upper end of the expected price band, confirming strong investor enthusiasm post-allotment.

IPO Overview and Subscription Details

Sacheerome IPO, which concluded on June 11, attracted robust interest from across the investment spectrum including Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and retail participants.

The IPO was valued at ₹61.62 crore and consisted solely of a fresh issue 60.4 lakh new equity shares with no portion allocated for offer-for-sale.

Utilisation of Funds

Proceeds from the public offering are earmarked for the development of a cutting-edge fragrance and flavour production and R&D unit at YEIDA. Plans also include establishing a perfumery training institute and an application laboratory as part of the company’s expansion.

Grey Market Signals Match Listing Reality

Sacheerome’s listing performance was broadly in line with expectations set by the grey market, where the grey market premium (GMP) had risen to ₹41 before the market debut.

However, investors are cautioned that GMP is neither regulated nor endorsed by SEBI and should not serve as the foundation for any investment decision.

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