India’s IPO landscape continues to expand in 2025 with the launch of Sacheerome Limited’s IPO, a fragrance and flavour specialist making its public debut through a bookbuilt issue. Backed by over three decades of market presence and innovation, Sacheerome Limited is set to raise ₹61.62 crores through an entirely fresh issue of 60.41 lakh shares. The IPO opens for bidding on 9th June 2025 and will be listed on the NSE SME platform on its tentative listing date, 16th June 2025.
In this comprehensive article, we’ll decode every critical aspect of Sacheerome’s IPO—from price band and GMP trends to financial performance, allotment process, peer comparisons, and investment prospects.
Sacheerome IPO Key Details
Here’s a quick summary of the Sacheerome IPO timeline and structure:
| Particulars | Details |
|---|---|
| IPO Open Date | 9th June 2025 |
| IPO Close Date | 11th June 2025 |
| Allotment Date | 12th June 2025 |
| Refund Initiation | 13th June 2025 |
| Listing Date | 16th June 2025 |
| Issue Type | Bookbuilt IPO |
| Face Value | ₹10 per share |
| Price Band | ₹96 to ₹102 per share |
| Lot Size | 1200 shares |
| Total Shares Offered | 77,60,400 |
| Fresh Issue Size | ₹61.62 crore |
| Listing Platform | NSE SME |
| Registrar | MUFG Intime India Pvt. Ltd. |
Sacheerome IPO GMP Trend (as of 6th June 2025)
The Grey Market Premium (GMP) provides valuable insight into market sentiment. As of 6th June 2025, Sacheerome’s IPO commands a GMP of ₹25 per share, implying an estimated listing price of ₹127 (₹102 + ₹25), and a 24.5 percent potential gain.
| Date | GMP | Estimated Listing Price | Listing Gains |
|---|---|---|---|
| 06-06-2025 | ₹25 | ₹127 | 24.50% |
| 05-06-2025 | ₹25 | ₹127 | 24.50% |
| 04-06-2025 | ₹22 | ₹124 | 21.56% |
| 03-06-2025 | ₹0 | ₹102 | 0.00% |
While GMP provides early indicators, it’s essential to combine this insight with thorough financial and strategic evaluations.
Share Reservation Breakdown
Sacheerome IPO follows SEBI’s structured allocation norms, ensuring equitable access across investor classes.
| Investor Category | Shares Offered | % Reservation |
|---|---|---|
| Anchor Investors | 17,19,600 | 22.16% |
| QIB (Institutional) | 11,47,200 | 14.78% |
| NII (HNI) | 8,61,600 | 11.10% |
| Retail | 20,10,000 | 25.90% |
| Market Maker | 3,02,400 | 3.90% |
| Total | 77,60,400 | 100% |
The retail segment has access to 25.9 percent of the total offer, making it an attractive opportunity for small investors looking to enter India’s flavour and fragrance market.
Sacheerome Financial Highlights
Sacheerome Limited has shown consistent and strong financial growth:
| Financial Year | Revenue (₹ Cr) | PAT (₹ Cr) | Net Worth (₹ Cr) | Debt (₹ Cr) |
|---|---|---|---|---|
| FY 2023 | 70.93 | 5.99 | 35.33 | 0.00 |
| FY 2024 | 86.40 | 10.67 | 46.00 | 1.43 |
| FY 2025 | 108.13 | 15.98 | 61.99 | 3.47 |
Key Financial Metrics:
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Revenue CAGR (2023–2025): 23.57%
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PAT Growth (YoY): 49.76%
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Low Debt Level: ₹3.47 crore, indicating a lean capital structure
This performance reflects Sacheerome’s strategic market expansion and operational efficiencies.
Sacheerome IPO Valuation & Technical Indicators
Evaluating an IPO’s value proposition often involves examining price ratios and return metrics:
| Indicator | Value |
|---|---|
| EPS | ₹9.79 |
| P/E Ratio (Pre-IPO) | 10.42 |
| P/E Ratio (Post-IPO) | 14.28 |
| RoNW | 25.78% |
| ROE | 23.10% |
| ROCE | 33% |
| PAT Margin | 14.86% |
| Market Capitalisation | ₹228.20 crore |
These metrics suggest that Sacheerome is competitively valued compared to industry averages.
Sacheerome vs Peer: SH Kelkar & Company
| Company | Revenue | PE Ratio | EPS | RoNW |
|---|---|---|---|---|
| Sacheerome Ltd | ₹108.13 cr | 10.42 (pre) | ₹9.79 | 25.78% |
| SH Kelkar Ltd | ₹1936 cr | 43.91 | ₹5.40 | 5.75% |
While SH Kelkar has a much larger revenue base, Sacheerome scores significantly higher on RoNW and valuation attractiveness, making it an appealing niche player.
Promoter Holding & Post-Issue Changes
Promoters of Sacheerome include:
-
Mr. Manoj Arora
-
Mrs. Alka Arora
-
Mr. Dhruv Arora
| Shareholding | % |
|---|---|
| Pre-Issue | 100% |
| Post-Issue | To be updated after dilution |
Post-listing, promoter shareholding will dilute but still remain significant to maintain managerial control.
Use of IPO Proceeds
Sacheerome Limited aims to utilise the ₹61.62 crore raised through the IPO for:
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Establishing a new manufacturing facility
-
General corporate purposes, including marketing and expansion
This forward-looking allocation indicates growth-driven capital deployment.
IPO Subscription and Allotment
The subscription figures for different investor categories will be revealed once the bidding begins on 9th June 2025. Stay updated via the NSE or registrar website.
How to Check Allotment Status
Via NSE:
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Visit www.nseindia.com
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Navigate to “IPO Allotment Status”
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Select Sacheerome IPO
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Enter PAN or application number
Via Registrar (MUFG Intime India Pvt. Ltd):
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Visit the registrar portal
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Enter necessary credentials
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View status online
Investment Insights: Should You Apply?
Pros
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Solid revenue and profit growth
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Attractive valuation vs. peers
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Experienced leadership and operational efficiency
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Strong returns on capital employed (ROCE: 33%)
Cons
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Operates in a highly fragmented and competitive industry
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Small cap listing on NSE SME platform limits liquidity
Verdict:
Sacheerome’s IPO offers a balanced investment opportunity for those seeking moderate risk with high return potential, especially on listing gains. Backed by solid financials and moderate valuations, it is worth considering, especially if GMP trends remain strong.
Sacheerome IPO Bidding Guide
| Investor Type | Min. Lot | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 1200 | ₹1,22,400 |
| HNI | 2 | 2400 | ₹2,44,800 |
How to Apply:
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Log into your demat account (Univest, Zerodha, Upstox, etc.)
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Go to the IPO section
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Choose “Sacheerome IPO”
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Enter bid price (₹96–₹102)
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Approve UPI mandate
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Confirm application
Pro Tip: Applying through multiple demat accounts can improve allotment chances for retail investors.
Final Thoughts: What to Watch Ahead
As Sacheerome gears up for its listing on 16th June 2025, keep a close watch on:
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Subscription demand across investor categories
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Final GMP trends before closing day
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Company updates related to expansion plans
This IPO fits well within the SME investment framework, especially for informed retail participants aiming to diversify into niche sectors like fragrance and flavour manufacturing.
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