June 5, 2025
New Delhi, India
IPO
The initial public offering (IPO) of Sacheerome Limited is set to open for subscription on Monday, June 9 and will close on Wednesday, June 11, with shares priced in the range of ₹96 to ₹102 per equity share. Investors can place bids for a minimum of 1,200 shares, with multiples thereof.
Operating in the business-to-business (B2B) fragrance and flavour industry, Sacheerome supplies custom formulations for a wide spectrum of FMCG applications. Its product lineup spans personal care, cosmetics, air and home care, incense sticks, candles, baby care, and fabric and men’s grooming products. In addition, it provides flavour solutions for beverages, bakery, confectionery, dairy, oral care, and nutraceuticals in both liquid and powder forms.
Sacheerome IPO Structure and Use of Proceeds
The ₹61.62 crore IPO is a pure fresh issue of 60.4 lakh equity shares, with no offer-for-sale (OFS) component. Sacheerome plans to utilize the funds to set up an advanced manufacturing and research facility at YEIDA. The site will feature a Manufacturing Unit, Research & Innovation Centre, Application Centre, Consumer Evaluation Labs, and Training Centres, among other specialized units for its fragrance and flavour divisions.
The share allotment is expected on Thursday, June 12, while listing on the stock exchange is likely on Friday, June 13. The IPO reserves 50% for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for Non-Institutional Investors (NIIs).
Sacheerome IPO Investment Details
At the upper price band, retail investors must commit a minimum of ₹1,22,400 for 1,200 shares. High Net-Worth Individuals (HNIs) are required to bid for at least two lots (2,400 shares), translating to ₹2,44,800.
GYR Capital Advisors is the lead book-running manager, MUFG Intime India (Link Intime) is the registrar, and Giriraj Stock Broking will act as the market maker.
Grey Market Premium Signals Strong Interest
As per data from investorgain.com, the Grey Market Premium (GMP) for Sacheerome stands at ₹21, indicating that the stock is trading unofficially at ₹123 per share—a 20.59% premium over the IPO’s upper band price of ₹102. This robust GMP reflects strong investor sentiment and the expectation of a healthy listing gain.
The Sacheerome IPO is drawing attention for its niche expertise in the fragrance and flavour segment and its strong ties with domestic and global FMCG clients. As investor enthusiasm builds, all eyes are now on its subscription status next week.
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