Sacheerome IPO Listed 50% Premium on NSE SME Platform

Sacheerome Ltd, known for its fragrances and flavours, made a strong debut on the NSE SME Emerge platform. Here's a breakdown of the IPO performance, share listing, and investor gains.

Sacheerome IPO Share Performance on Listing Day 

The initial public offering (IPO) of Sacheerome Ltd was a fresh issue of 60.41 lakh equity shares, with a total fundraise of ₹61.62 crore. The IPO had no offer for sale (OFS) component. The price band was set at ₹96 to ₹102 per share.

On its listing day, 16 June 2025, the Sacheerome share price opened at ₹153 on NSE SME, marking a 50% listing premium over the upper band issue price of ₹102. This listing worked out to a gain of ₹51 per share on debut.

Investor Gains Per Lot

Each IPO lot comprised 1,200 shares. At the issue price of ₹102, the total investment for one lot came to ₹1,22,400. With the listing at ₹153, the value of one lot on debut rose to ₹1,83,600, resulting in an absolute gain of ₹61,200 per lot.

IPO Investment: ₹1,22,400   IPO Listing Value: ₹1,83,600   Profit Per Lot: ₹61,200

Read More: Belrise Share Price Rose 4% on June 16; Reports 11% YoY Revenue Growth in FY25 Results!

Sacheerome IPO Subscription Details

The IPO was met with massive investor interest, achieving an overall subscription of 312.94 times. The breakdown of investor categories is as follows:

• Non-Institutional Investors (NIIs): 808.56 times
• Retail Individual Investors (RIIs): 180.28 times
• Qualified Institutional Buyers (QIBs): 173.15 times

Such high subscription numbers reflect robust demand in the SME space and market confidence in Sacheerome’s business model.

Usage of IPO Proceeds

According to the prospectus, the company intends to use the IPO proceeds for:

• Establishing a new manufacturing facility in Uttar Pradesh
• Meeting general corporate requirements

This expansion is expected to enhance Sacheerome’s production capacity and market presence.

Company Overview: Sacheerome Ltd

Sacheerome Ltd operates in the business-to-business (B2B) space, creating and manufacturing fragrances and flavours for food and non-food fast-moving consumer goods (FMCG) products.

Its product range is formulated as per global standards and regulations, including those issued by:

• Food Safety and Standards Authority of India (FSSAI)
• International Fragrance Association (IFRA)
• Flavour Extract Manufacturers Association (FEMA)
• European Commission (EU)

Fragrances Division Uses:

• Personal care
• Body grooming and washing
• Haircare and fabric care
• Home and fabric care

Flavours Division Uses:

• Confectionery and bakery items
• Dairy and beverages
• Meat products and oral care
• Seasonings and food ingredients

Financial Highlights

For FY 2024–25, Sacheerome Ltd reported impressive growth metrics:

•  Revenue from operations: ₹108.13 crore (up 25.15% YoY)
• Profit after tax (PAT): ₹15.98 crore (up 49.76% YoY)

Such robust financial performance is a positive indicator, aligning with the overwhelming response to the IPO.

Key Entities

• Book Running Lead Manager: GYR Capital Advisors Pvt Ltd
• Registrar: MUFG Intime India Pvt Ltd
• Market Maker: Giriraj Stock Broking Pvt Ltd

These partners played a critical role in the successful IPO launch and listing process.

Conclusion

Sacheerome Ltd delivered a solid stock market debut on NSE SME with a 50% listing premium, rewarding IPO investors with substantial gains per lot. Backed by strong subscription figures, stable financials, and clear expansion plans, the company has positioned itself as a noteworthy entrant in the fragrance and flavour manufacturing sector.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.