Sacheerome Limited, a renowned name in the fragrance and flavor industry, is launching its IPO on the NSE SME platform. Here's a complete overview of the Sacheerome IPO, along with comparisons to DEE Development Engineers IPO and Ganga Bath Fittings IPO.
📌 IPO Highlights:
- IPO Open Date: June 9, 2025
- IPO Close Date: June 11, 2025
- Price Band: ₹96 to ₹102 per share
- Lot Size: 1,200 shares
- Minimum Investment: ₹1,22,400
- Issue Size: ₹61.62 crores
- Listing Platform: NSE SME
- Listing Date: June 16, 2025 (Tentative)
🔥 Grey Market Premium (GMP):
As of June 3, 2025, the GMP for Sacheerome IPO is reported at ₹21. This suggests a potential listing price of around ₹123 per share, indicating solid investor interest — similar to trends seen in the NSDL IPO.
🏢 About Sacheerome Limited:
Established in 1992, Sacheerome creates and manufactures fragrances and flavors for FMCG products like personal care, air care, and food items. The company serves both domestic and international clients and has a strong R&D backbone.
📈 Financial Performance:
| Financial Year | Revenue (₹ Crores) | Net Profit (₹ Crores) |
|---|---|---|
| 2022 | ₹63.88 | ₹4.55 |
| 2023 | ₹70.49 | ₹5.99 |
| 2024 | ₹85.10 | ₹10.62 |
🎯 IPO Objectives:
- Setting up a new manufacturing unit in Gautam Buddha Nagar, UP
- Working capital and general corporate purposes
👥 Promoters:
The promoters include Mr. Manoj Arora, Mrs. Alka Arora, and Mr. Dhruv Arora, with decades of industry experience.
📅 Important Dates:
- IPO Opens: June 9, 2025
- IPO Closes: June 11, 2025
- Basis of Allotment: June 12, 2025
- Listing Date: June 16, 2025 (Tentative)
📘 Related Reads:
- Upcoming IPOs in June 2025
- Awfis Space Solutions IPO GMP & Details
- DEE Development Engineers IPO Overview
Disclaimer: This content is for informational purposes only. Please consult your financial advisor before investing in any IPO.
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