Sacheerome IPO is a book-built issue of ₹61.62 crore, consisting entirely of a fresh issue of 60.41 lakh equity shares. The IPO will open for public subscription on June 9, 2025, and close on June 11, 2025. The allotment of shares is expected to be finalised on June 12, 2025.
The company is proposed to be listed on the NSE SME platform, with a tentative listing date set for June 16, 2025. The price band for the IPO is fixed between ₹96 and ₹102 per share. The minimum lot size is 1,200 shares. For retail investors, the minimum investment amount is ₹1,15,200.
However, to increase the chances of allotment in case of oversubscription, bidding at the cutoff price is recommended, which amounts to ₹1,22,400. For High Net-Worth Individuals (HNIs), the minimum application is for 2 lots, i.e., 2,400 shares, requiring an investment of ₹2,44,800.
GYR Capital Advisors Private Limited is acting as the book-running lead manager for the issue. MUFG Intime India Private Limited (Link Intime) is the registrar to the IPO.
Industry Outlook
- The global flavours and fragrances market is projected to grow from USD 32.2 billion in 2023 to USD 43.6 billion by 2032, at a CAGR of 3.3%. This growth, driven by demand from food, beverage, and personal care sectors, will support Sacheerome Limited in expanding its footprint in international markets.
- India’s fragrance market is expected to grow at a CAGR of 14.50% from 2024 to 2032, fuelled by rising disposable income, growing interest in grooming, and increasing demand for natural products. This rapid expansion provides Sacheerome Limited with significant domestic growth opportunities, especially in the natural and organic fragrance segment.
- With 72% of Indian consumers preferring natural ingredients and increasing demand for cruelty-free and eco-friendly products, Sacheerome Limited can benefit by aligning its offerings with these trends.
Sacheerome IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- A portion of the funds will be used to set up a new manufacturing unit at Sector-32, Yeida, Gautam Buddha Nagar, Uttar Pradesh. This expansion is expected to enhance production capacity and meet growing demand.
- Part of the proceeds will be allocated towards general corporate needs, which may include working capital, operational efficiency, and business growth activities.
About Sacheerome Limited
Sacheerome Limited is a fragrance and flavour manufacturing company established in 1992 by Mr. Manoj Arora, a third-generation entrepreneur with over 40 years of industry experience. The company began with a focus on fragrances and expanded into flavours in 2014, setting up a dedicated unit with expert flavourists, an R&D centre, and an application lab.
Headquartered in New Delhi, Sacheerome caters to B2B clients in the food and non-food FMCG sectors across India and international markets. The company creates high-quality fragrances used in personal care, home care, baby care, fine fragrances, and more. Its flavour offerings span a wide range including beverages, dairy, bakery, confectionery, meat products, and oral care.
Sacheerome complies with international standards such as IFRA, EU guidelines, FSSAI, and FEMA, and holds ISO 9001:2015 certification. It is also a member of Chemexcil and FAFAI. The company operates with a dedicated R&D team of 45 professionals and maintains an annual production capacity of 7,60,000 kg.
The leadership of Mr. Manoj Arora and Mr. Dhruv Arora has helped drive innovation and global recognition. Mr. Manoj Arora has represented the Indian fragrance industry at global events, while Dhruv Arora focuses on expanding the company’s presence through strategic business development and creative input.
How To Check the Allotment Status of Sacheerome IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
How To Apply for the Sacheerome IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Sacheerome IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
Contact Details of Sacheerome IPO
Registered office: Y-4 Okhla Industrial Areaph-II, New Delhi, Delhi, India, 110020
Phone: : +011-47311111
E-mail:compliance@sacheerome.com
Sacheerome IPO Reservation
|
Investor Category |
Shares Offered |
|
Anchor Investor Shares Offered |
17,19,600 (22.16%) |
|
Market Maker Shares Offered |
3,02,400 (3.90%) |
|
QIB Shares Offered |
11,47,200 (14.78%) |
|
NII (HNI) Shares Offered |
8,61,600 (11.10%) |
|
Retail Shares Offered |
20,10,000 (25.90%) |
|
Total Shares Offered |
77,60,400 (100%) |
Sacheerome IPO Lot Size
|
Application |
Lots |
Shares |
Amount |
|
Retail (Min) |
1 |
1,200 |
₹1,15,200 |
|
Retail (Max) |
1 |
1,200 |
₹1,22,400 |
|
HNI (Min) |
2 |
2,400 |
₹2,44,800 |
Sacheerome IPO Promoter Holding
Mr. Manoj Arora, Mrs. Alka Arora and Mr. Dhruv Arora are the promoters of the company.
|
Share Holding Pre-Issue |
100.00% |
|
Share Holding Post Issue |
- |
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
Key Performance Indicators for Sacheerome IPO
|
KPI |
Value |
|
ROE (%) |
23.10 |
|
RoCE (%) |
31.00 |
|
Price to Book Value |
3.62 |
|
PAT Margin |
12.47 |
Sacheerome IPO Prospectus
Sacheerome IPO Registrar and Lead Managers
Sacheerome IPO Lead Managers
- GYR Capital Advisors Private Limited
Registrar for Sacheerome IPO
MUFG Intime India Private Limited (Link Intime)
- Contact Number: +91-22-4918 6270
- Email Address: sacheerome.ipo@linkintime.co.in
Sacheerome IPO Registrar
Financial Performance of Sacheerome Limited
| Particulars | Year ending on March 31, 2024 | Year ending on March 31, 2023 |
|---|---|---|
| Revenue from Operation (in ₹ thousand) | 8,50,953 | 7,04,919 |
| Profit/ (loss) for the year (in ₹ thousand) | 1,06,155 | 59,941 |
| Earnings per Share (₹) | 6.50 | 3.67 |
| Net Worth (in ₹ thousand) | 4,59,508 | 3,53,353 |
| Return on Equity (RoE) (%) | 23.10 | 16.96 |
| Return on Capital Employed (RoCE) | 0.31 | 0.25 |
| EBITDA (in ₹ thousand) | 1,64,537 | 1,03,566 |
Know before investing
Strengths
8Sacheerome uses robotic manufacturing for precision and scalable production efficiency.
R&D and marketing teams collaborate to create innovative fragrance solutions.
New ₹148.84 crore facility in Yeida will boost production capability.
Experienced promoters offer combined industry expertise of over 90 years.
Sacheerome ensures global quality with IFRA, FEMA, and ISO standards.
In-house labs and evaluation chambers enhance product development accuracy.
Global raw material sourcing ensures cost-effective, timely product delivery.
Advanced technologies like Sach/Odocon strengthen competitive product differentiation.
Risks
8Sacheerome’s success depends on anticipating market trends and preferences.
The business relies on a few key customers for 50.07% revenue.
Losing skilled staff impacts Sacheerome’s competitive strength and continuity.
Regulatory non-compliance may disrupt Sacheerome’s operations and future prospects.
Labour disputes or strikes could halt Sacheerome’s operations unexpectedly.
Fraud, theft, or errors can hurt Sacheerome’s financial condition.
₹33.50 lakh unsecured loans are repayable on lender’s demand.
Inadequate insurance may expose Sacheerome to operational hazard losses.
Sacheerome IPO Peer Comparison
| Company Name | EPS (Basic) | NAV (per share in ₹) | P/E (x) | RoNW (%) |
|---|---|---|---|---|
| Sacheerome Limited | 6.50 | 28.14 | - | 23.1 |
| S H Kelkar And Company Limited | 8.93 | 87.72 | 31.15 | 10.67 |
