Sacheerome IPO subscribed 312.94 times on the last day, a retail quota was subscribed over 180.28 times, NII subscribed over 808.56 times, and QIB was 173.15 times, respectively.
Details About Sacheerome IPO
Sacheerome got approval from SEBI for an IPO of around ₹61.62 crores. Sacheerome IPO is a fresh issue of ₹61.62 crores with a face value of Rs 10 each. Further, Sacheerome had a set price band between ₹96 to ₹102 Per Share.
In the Sacheerome IPO,1200 shares were in 1 lot size for retail minimum and maximum categories as well. Moreover, 2,400 shares were in 2 lot sizes for the S-HNI category.
To invest in the Sacheerome IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹1,22,400.
- SHNI (S-HNI): Minimum investment of ₹2,44,800.
Sacheerome IPO’s Subscription Duration
Sacheerome IPO was started for subscription on June 9, 2025, and closed on June 11, 2025. The Sacheerome IPO’s allotment date was June 12, 2025, and they received a refund on June 13, 2025. In contrast, Sacheerome ‘s listing date is scheduled for June 16, 2025.
Sacheerome IPO funds deployment
- The funds raised from the fresh issue will be utilized to set up a new manufacturing facility at 1459 B, Sector-32, Yeida, Gautam Buddha Nagar, UP203209.
- While the remaining funds will be used for the company’s General corporate purposes.
About Sacheerome Company
Founded in 1992 by promoter Mr Manoj Arora, Sacheerome Limited is one of the leading companies engaged in the designing and manufacturing of fragrances and flavours. Having 40 years of experience in the Fragrance & Flavor industry, the company is also a member of Chemexcil and the Fragrances & Flavours Association of India (FAFAI). The company’s products go through all the strict global standards, such as the International Fragrance Association (IFRA), European Commission (EU), Food Safety and Standards Authority of India (FSSAI), and the Flavour Extract Manufacturers Association FEMA for maximum customer satisfaction. What makes this company good is its strong team management and experienced promoters of the company, good marketing skills, and efficient sales, enabling Sacheerome Ltd to be one of the prominent companies in the world of fragrances.
Financial Report of the Sacheerome Company
The company reported revenue of ₹41.21 crore in 2024 against ₹53.19 crore in 2023. The company reported a profit of ₹1.40 crores in 2024 against a profit of ₹0.93 crores in 2023.
