Sacheerome IPO is scheduled to open for subscription on June 9, 2025 and will close on June 11, 2025. The allotment is likely to be finalized on June 12, 2025, and the shares are expected to list on NSE SME on June 16, 2025.
The IPO is a book-building issue of ₹61.62 crores, comprising 60.41 lakh fresh equity shares. The price band is fixed at ₹96 to ₹102 per share. For retail investors, the minimum lot size is 1200 shares, amounting to ₹1,15,200, but it’s advisable to bid at the cutoff price, which would be about ₹1,22,400, to avoid oversubscription issues. For HNIs, the minimum lot size is 2 lots (2400 shares), requiring an investment of ₹2,44,800.
Financially, Sacheerome Limited has shown consistent growth. As of September 30, 2024, the company reported total assets of ₹70.44 crore and revenue of ₹50.78 crore. For FY 2023-24, its revenue stood at ₹86.4 crore, with a profit after tax of ₹5.99 crore. The company’s net worth has improved to ₹53 crore from ₹45.95 crore in FY23. Sacheerome also maintains healthy reserves and surplus of ₹36.66 crore, and its total borrowings are low at ₹1.69 crore.
Incorporated in June 1992, Sacheerome Limited is a creative company that focuses on designing and manufacturing fragrances and flavors. The company offers a wide range of products, from cosmetic fragrances and industrial scents to perfumes, food additives, and flavoring essences. It serves as a key supplier to major FMCG players, both in India and abroad, including markets in the Middle East (UAE) and Africa.
Its fragrances find use in many industries such as personal care, hair care, body care, fabric care, home care, baby care, fine fragrance, air care, pet care, men’s grooming, and overall hygiene and wellness. Meanwhile, its flavors are used in beverages, bakery, confectionery, dairy products, health and nutrition, oral care, shisha, meat products, dry flavors, seasonings, and more.
As of September 30, 2024, Sacheerome employs 153 people across different departments. The company is known for its strong research and development capabilities, a highly experienced team of promoters and management, as well as efficient quality control, sales and marketing, and effective global sourcing of raw materials.
Overview of Contents
Sacheerome IPO Overview
| IPO Details | Information |
|---|---|
| Listing At | NSE SME |
| Issue Type | Bookbuilding IPO |
| Face Value | ₹10 per share |
| Price Band | ₹96 to ₹102 per share |
| Lot Size | 1,200 shares |
| Total Issue Size | 60,40,800 shares (₹61.62 crore) |
| Fresh Issue | 60,40,800 shares (₹61.62 crore) |
| Pre-Issue Shareholding | 1,63,32,000 shares |
| Post-Issue Shareholding | 2,23,72,800 shares |
| Market Maker Portion | 3,02,400 shares |
| Qualified Institutional Buyers (QIB) | Up to 50% of Net Issue |
| Retail Investors | Minimum 35% of Net Issue |
| Non-Institutional Investors (NII) | Minimum 15% of Net Issue |
Sacheerome IPO Prospectus
| DRHP | Click here |
| RHP | Click here |
Sacheerome IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | Monday, 09 June 2025 |
| IPO Close Date | Wednesday, 11 June 2025 |
| Allotment | Thursday, 12 June 2025 |
| Initiation of Refunds | Friday, 13 June 2025 |
| Credit of Shares to Demat | Friday, 13 June 2025 |
| Listing Date | Monday, 16 June 2025 |
| Cut-off time for UPI mandate confirmation | 5:00 PM on Wednesday, 11 June 2025 |
Sacheerome IPO Lot Size
Investors can apply for Sacheerome IPO in a minimum lot of 1,200 shares and in multiples thereof. Here’s a quick look at the minimum and maximum investments for both Retail and HNI categories:
| Category | Lots | Shares | Investment Amount |
|---|---|---|---|
| Retail (Min & Max) | 1 | 1,200 | ₹1,22,400 |
| HNI (Min) | 2 | 2,400 | ₹2,44,800 |
Objects of the Issue
- Setting Up a new manufacturing facility at 1459b, Sector-32, Yeida, Gautam Buddha Nagar, UP203209
- General corporate purposes.
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Sacheerome IPO | 6.50 | NA | 23.10 | 28.14 | 1,93,60,200 Cr. |
| S H Kelkar Limited | 8.93 | 31.15 | 10.67 | 87.72 | 8,63,978 Cr. |
Sacheerome IPO Promoter Holding
| Shareholding | Percentage |
|---|---|
| Pre-Issue | 100.00% |
| Post-Issue | [•] |
Sacheerome IPO Financial Performance
Here’s an overview of Sacheerome Limited’s restated financials, reflecting the company’s steady growth in assets, revenues, and profitability over recent periods:
| Financial Details (₹ in crore) | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Net Worth | 53.00 | 45.95 | 35.34 | 29.34 |
| Reserves and Surplus | 36.66 | 29.62 | 31.25 | 25.26 |
| Revenue | 50.78 | 86.40 | 70.93 | 64.36 |
| Profit After Tax | 7.04 | 5.99 | 5.99 | 4.55 |
| Assets | 70.44 | 63.52 | 49.22 | 49.08 |
| Total Borrowing | 1.69 | 1.43 | - | 8.26 |
Sacheerome IPO GMP
The grey market premium (GMP) of Sacheerome IPO shows how much demand is there for the shares before listing. GMP gives an idea of how the IPO might perform on the listing day. Please note that GMP keeps changing daily based on market mood and demand. Investors should not fully depend on GMP and should check company fundamentals before investing.
- To Be Updated Soon
Sacheerome IPO– Valuation Snapshot (FY2024)
| KPI | Values |
|---|---|
| ROE: | 23.10% |
| ROCE: | 0.31% |
| EBITDA Margin: | 19.04% |
| PAT Margin: | 12.47% |
| Debt to equity ratio: | NA |
| Earning Per Share (EPS): | ₹6.50 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 23.10% |
| Net Asset Value (NAV): | ₹28.14 |
Sacheerome IPO Review
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Sacheerome Offer Lead Manager
GYR CAPITAL ADVISORS PRIVATE LIMITED
428, Gala Empire, Near JB Tower,
Drive in Road, Thaltej
Ahmedabad-380 054, Gujarat, India
Phone:+91 877 756 4648
Email: [email protected]
Website: www.gyrcapitaladvisors.com
Sacheerome Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
Sacheerome Contact Details
SACHEEROME LIMITED
F-89-4-2 Okhla Industrial Area, Phase-1,
New Delhi, Delhi, Okhla Industrial Area Phase-I,
South Delhi, New Delhi, India, 110020
Phone: +011-47311111
E-mail: [email protected]
Website: www.sacheerome.com
Sacheerome Limited IPO FAQs
When does the Sacheerome Limited IPO open and close for subscription?
The Sacheerome IPO opens on Monday, June 9, 2025, and closes on Wednesday, June 11, 2025.
When is the tentative allotment and listing date for Sacheerome IPO?
The allotment is expected on Thursday, June 12, 2025. The tentative listing date on NSE SME is Monday, June 16, 2025.
What is the Sacheerome IPO issue size and price band?
The IPO is a bookbuilding issue of ₹61.62 crores, comprising 60,40,800 shares. The price band is set at ₹96 to ₹102 per share.
What is the lot size for Sacheerome IPO, and how much do investors need to invest?
The minimum lot size is 1,200 shares. Retail investors need to invest approximately ₹1,22,400 for one lot. HNI investors need to apply for at least two lots, amounting to ₹2,44,800.
Who are the promoters of Sacheerome Limited?
The promoters are Mr. Manoj Arora, Mrs. Alka Arora, and Mr. Dhruv Arora.
What are the main business activities of Sacheerome Limited?
Sacheerome Limited, incorporated in June 1992, specializes in designing and manufacturing fragrances and flavors. They supply to various industries like personal care, home care, food and beverages, and export to Middle East and African markets.
Can you share key financial highlights of Sacheerome Limited?
As of September 30, 2024, the company’s assets stand at ₹70.44 crore, revenue at ₹50.78 crore, and profit after tax at ₹7.04 crore. The net worth is ₹53 crore.