Sacheerome Limited IPO
Sacheerome Limited, a prominent player in the fragrance and flavors industry, is set to launch its Bookbuilding SME Initial Public Offering (IPO) on Monday, June 9, 2025. The IPO aims to raise funds for the company’s expansion plans, including the establishment of a new manufacturing facility.
Sacheerome Limited IPO Details
The IPO will be open for subscription until Wednesday, June 11, 2025. The issue price band has been fixed at ₹96 to ₹102 per equity share, with a face value of ₹10 per share. Investors can bid for a minimum of 1,200 shares, which constitutes one lot, translating to a minimum investment of ₹1,15,200 for retail investors (or ₹1,22,400 at the cutoff price to avoid oversubscription). High Net-worth Individuals (HNIs) can apply for a minimum of two lots (2,400 shares) amounting to ₹2,44,800.
Sacheerome Limited Details
Sacheerome Limited, incorporated in June 1992, specializes in designing and manufacturing a diverse range of fragrances and flavors. Their product portfolio includes cosmetic, industrial, and fine fragrances, perfumes, food additives, and flavoring essences. The company serves leading B2B FMCG firms both in India and globally, with its products used across various sectors like personal care, home care, food & beverage, and health & wellness. As of September 30, 2024, the company employed 153 individuals.
Sacheerome Limited IPO Objectives
The ₹61.62 crore IPO is entirely a fresh issue of 60,40,800 shares. A significant portion of the net proceeds, ₹565 million (₹56.5 crore), is earmarked for setting up a new manufacturing facility at 1459b, Sector-32, Yeida, Gautam Buddha Nagar, UP203209. The remaining funds will be utilized for general corporate purposes.
Sacheerome Limited IPO Reservation
The IPO reservation breakdown indicates that 11,47,200 shares (14.78%) are allocated to Qualified Institutional Buyers (QIBs), 8,61,600 shares (11.10%) to Non-Institutional Investors (NIIs), and 20,10,000 shares (25.90%) to Retail Individual Investors (RIIs). Additionally, 17,19,600 shares (22.16%) are allocated to Anchor investors, and 3,02,400 shares (3.90%) are reserved for Market Makers.
Sacheerome Limited Promoter
Promoters of Sacheerome Limited, Mr. Manoj Arora, Mrs. Alka Arora, and Mr. Dhruv Arora, currently hold 100% of the pre-issue shareholding.
Sacheerome Limited Financial
Financially, Sacheerome Limited has demonstrated consistent growth. For the financial year ending March 31, 2025, the company reported total assets of ₹84.67 crore, revenue of ₹108.13 crore, and a profit after tax (PAT) of ₹15.98 crore. This represents a 25% increase in revenue and a 50% rise in PAT between FY2024 and FY2025, according to restated financial information. The company’s net worth stood at ₹61.99 crore as of March 31, 2025, with reserves and surplus at ₹45.65 crore. Total borrowing, however, increased from ₹1.43 crore in FY2024 to ₹3.47 crore in FY2025, though it was zero in FY2023.
Sacheerome Limited IPO Expected Timeline
The tentative allotment for the Sacheerome IPO is expected to be finalized on Thursday, June 12, 2025, with the initiation of refunds and credit of shares to Demat accounts scheduled for Friday, June 13, 2025. The shares are tentatively set to list on the NSE SME platform on Monday, June 16, 2025.
Sacheerome Limited IPO Lead Manager & Registrar
GYR Capital Advisors Private Limited is the book-running lead manager for the IPO, while MUFG Intime India Private Limited (Link Intime) is the registrar. Giriraj Stock Broking Private Limited has been appointed as the market maker for the IPO.
Sacheerome Limited IPO Important Documents
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