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India’s SME-focused IPO week begins with Sacheerome Ltd., a flavours and fragrances maker, being overscribed.
Sacheerome Ltd. launched its SME IPO on 09 June 2025 to raise ₹61.62 Crores through a fresh issue of 60.41 lakh shares. The price band is set between ₹96 and ₹102 per share.
Shares are expected to be listed on the NSE SME platform on 16 June 2025.
Here is an overview of the opening day:
Overall subscription: 6.79 to 7.38 times
Retail: 5.64 to 8.98 times
Non-Institutional Investors: 4.11 to 7.93 times
Event |
Date |
|---|---|
Issue opens |
09 June 2025 |
Issue closes |
11 June 2025 |
Allotment finalisation |
12 June 2025 |
Credit of shares & refunds |
13 June 2025 |
Listing on NSE SME |
16 June 2025 |
This table outlines key milestones from issue opening to listing.
IPO proceeds will be utilised for:
Establishing a new manufacturing and R&D facility at YEIDA
General corporate purposes
Sacheerome’s financial performance for FY25 highlights:
Revenue increased by 26.37% to ₹107.53 Crores
Profit after Tax rose by 49.8% to ₹15.98 Crores
₹61.62 Crores IPO fully fresh issue
Subscription led by retail investors
This content is for informational purposes only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.
Sources
Economic Times: https://economictimes.indiatimes.com/markets/ipos/fpos/sacheerome-ipo-sees-strong-subscription-on-day-1-check-gmp-other-details/articleshow/121723123.cms
Economic Times: https://economictimes.indiatimes.com/markets/stocks/news/sacheerome-ipo-opens-today-check-gmp-price-band-and-other-details/articleshow/121716036.cms
Live Mint: https://www.livemint.com/market/ipo/sacheerome-ipo-booked-3-72x-so-far-on-first-bidding-day-led-by-retail-investors-sacheerome-ipo-gmp-other-key-details-11749458038849.html
Business Standard: https://www.business-standard.com/markets/news/sacheerome-ipo-sees-strong-start-fully-subscribed-in-1-hour-gmp-hits-30-125060900294_1.html
NDTV Profit: https://www.ndtvprofit.com/ipos/sacheerome-ipo-day-1-check-subscription-status-gmp-offer-size-price-band-and-more
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Posted on 18 Aug
Geetanjali Lachke
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