By Admin 
The IPO of Fragrance and Flavor maker Sacheerome has gained tremendous popularity among investors. This IPO, open on Monday 9 June, has been subscribed to a total of 7.18 times on Tuesday morning. According to NSE data, 3,10,39,200 shares have been bid against 43,21,200 shares. This IPO is coming in the SME segment, that is, targets investors of small and medium companies.
Gray market also
In the informal purchase and sale of shares before IPO, Sacheerome has created a lot of movement in the gray market. According to reports, Sacheerome’s unlisted stocks are trading at a price of Rs 132, which is at a premium of about 30 percent (Rs 30) from its issue price of Rs 102. This indicates tremendous enthusiasm among investors.
How much investment, how long a chance?
Issu Size: 61.62 crores
Issu Price: Rs 102 per share
Lot Size (Retail Investor): 1,200 shares in 1 lot, investment amount Rs 1,15,200
Minimum investment for HNIS: 2 lots i.e. 2,400 shares, Rs 2,44,800
Last date of issue: Wednesday, 11 June 2025
Share Allotment: 12 June 2025
Listing possible: Monday, 16 June 2025, NSE on SME Slit
There is no offer for sale (offs) in this issue, that is, the company will get the entire amount directly.
Where will the money be used?
According to Sacheerome’s Red Herring Prospects (RHP), 56.5 crore out of the amount raised from the issue will be spent in setting up a new manufacturing unit in Gautam Buddha Nagar in Uttar Pradesh. The remaining amount will be used for general corporate purposes.
What does Sacheerome do?
Sacheerome established in 1992 works in the fields of frayers and flavors. Its products are used in many industries. Fragrances made by the company are used in the product of personal care, body care, fabric care, baby care, fine fryer, air care, pet care, men’s grooming and hygiene wellness. At the same time, the flavor made by this company is used in the sector of Beverages, Bakery, Confectionery, Dairy Products, Health and Nutrition, Oral Care, Meat Products, Dry Flever and Shisha. Sacheerome has an annual production capacity of 7,60,000 kg and has a presence in all the consumer products brands across the country.
Big opportunity for small investors?
Sacheerome’s IPO is considered a great entry in the SME segment. It is clear from the positive signal and strong subscription from the gray market that investors expect good returns from this company. Although there is also a risk in SME IPOS, experts believe that this issue can be an interesting opportunity for long -term investors.
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