Sacheerome IPO

Incorporated in June 1992, Sacheerome Limited designs and manufactures fragrances and flavours for B2B FMCG sectors in India and globally. Its products include cosmetic and industrial fragrances, perfumes, food additives, and flavouring essences. These are used across categories like personal care, fabric care, air care, men’s grooming, and hygiene. Flavours cater to beverages, bakery, dairy, nutrition, shisha, and meat products. The company exports to the Middle East (UAE) and Africa. As of September 30, 2024, Sacheerome employs 153 professionals across departments.

Sacheerome Limited IPO Overview

Sacheerome is launching its IPO through the book-building process with a total issue size of ₹61.62 crores. The offering comprises a fresh issue of 60.41 lakh equity shares. The IPO will open for subscription on June 9, 2025, and will close on June 11, 2025. The allotment of shares is expected to be finalised by Thursday, June 12, 2025, and the shares are proposed to be listed on the NSE SME platform with a tentative listing date of Monday, June 16, 2025.

The price band for the Sacheerome IPO is set between ₹96 and ₹102 per share. The minimum application size is 1,200 shares, requiring a minimum investment of ₹1,15,200 for retail investors. However, to increase the chances of allotment amid likely oversubscription, investors are advised to bid at the cut-off price, which brings the investment amount to approximately ₹1,22,400.

For High Net-worth Individuals (HNIs), the minimum lot size is 2 lots (2,400 shares), amounting to an investment of ₹2,44,800. The IPO is managed by GYR Capital Advisors Private Limited as the book-running lead manager. The registrar to the issue is MUFG Intime India Private Limited (Link Intime). Giriraj Stock Broking Private Limited is appointed as the market maker for this IPO.

Sacheerome Limited IPO Details

Sacheerome Limited IPO Reservation

The Sacheerome IPO comprises a total of 77,60,400 equity shares. The distribution is as follows:

• 11,47,200 shares (14.78%) are reserved for Qualified Institutional Buyers (QIB),

• 8,61,600 shares (11.10%) are allocated to Non-Institutional Investors (NII/HNIs),

• 20,10,000 shares (25.90%) are set aside for Retail Individual Investors (RII), and

• 17,19,600 shares (22.16%) are earmarked for Anchor Investors.

 Sacheerome Limited IPO Lot Size

Sacheerome Limited IPO Promoter Holding

Sacheerome Limited IPO Valuation Overview

Objectives of the Proceeds

• For Setting up a new manufacturing facility at 1459b, Sector-32, Yeida, Gautam Buddha Nagar, UP-203209

• Meet general corporate expenses

Key Financials (in ₹ lakhs)