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Sacheerome Limited, a well-known manufacturer of fragrances and flavours, is launching its Initial Public Offering (IPO) on June 9, 2025. This IPO will be listed on the NSE SME platform and aims to raise around ₹61.62 crore through a fresh issue of equity shares. There is no offer for sale (OFS) in this IPO.
IPO Price Band and Minimum Investment
The price band for the Sacheerome IPO is set between ₹96 and ₹102 per share. Retail investors must apply for at least one lot, which consists of 1,200 shares. So, the minimum investment amount is ₹1,15,200.
Important Dates for Sacheerome IPO
Here is the full timeline for the Sacheerome IPO:
- IPO Open Date: June 9, 2025
- IPO Close Date: June 11, 2025
- Basis of Allotment: June 12, 2025
- Refunds Initiated: June 13, 2025
- Shares Credited to Demat Accounts: June 13, 2025
- Listing Date: June 16, 2025
Purpose of the IPO
Sacheerome plans to use the funds raised from the IPO to set up a new manufacturing facility. This will help the company expand its production capacity and meet growing demand in the fragrance and flavour market.
Key Details of Sacheerome IPO
- Issue Size: ₹61.62 crore (fresh issue only)
- Lot Size: 1,200 shares
- Listing Exchange: NSE SME
- Lead Manager: GYR Capital Advisors Pvt Ltd
- Registrar: Link Intime India Pvt Ltd
- Market Maker: Giriraj Stock Broking Pvt Ltd
Sacheerome IPO Grey Market Premium (GMP)
As of June 4, the grey market premium (GMP) for Sacheerome shares is around ₹22 per share. This suggests an expected listing gain of nearly 22% over the issue price of ₹102 (upper band). The “subject to sauda” rate in the grey market is reported at ₹20,000, showing strong investor interest before the IPO opens.
Note: GMP is unofficial and not regulated by any authority. It should not be the only factor in your investment decision. Always do your own research or consult a financial advisor.
About Sacheerome Limited
Sacheerome Limited was established in 1992 and has been serving both domestic and international clients with custom-made fragrances and flavours. The company follows strict global quality standards including:
- IFRA (International Fragrance Association)
- European Union (EU) guidelines
- FSSAI (Food Safety and Standards Authority of India)
- FEMA (Flavour Extract Manufacturers Association)
Sacheerome is also a registered member of Chemexcil and FAFAI (Fragrances and Flavours Association of India).
Should You Invest in Sacheerome IPO?
The positive signals in the grey market show that investor sentiment is high. But as with any IPO, it’s important to look at the company’s financial health, growth potential, and competitive edge before making a decision.
Conclusion
Sacheerome Limited’s IPO offers investors a chance to invest in India’s growing fragrance and flavour industry. With a fresh fund infusion planned for expansion, and a strong compliance record with international standards, it is worth a closer look — especially for investors interested in specialty manufacturing businesses.