Sacheerome IPO: Strong Market Debut and What You Should Know

Sacheerome Limited, a homegrown company that creates fragrances and flavors, has made a splash on the stock market. After a well-received initial public offering (IPO), the company’s shares listed with a bang, giving investors a solid return on Day 1. Here’s a detailed but easy breakdown of what this IPO was all about and why it got so much attention.

First Things First: What Does Sacheerome Do?

Sacheerome might not be a household name, but its products are everywhere. The company designs and manufactures fragrances and flavors used in everyday items — from your shampoo and room fresheners to food and beverages. If it smells good or tastes flavorful, there’s a chance Sacheerome has had a hand in it.

They’ve been around since 1992 and export to countries in the Middle East and Africa. With more than 30 years in the industry, they’ve built a decent reputation and client base.

IPO Dates and Basic Details

Sacheerome’s IPO opened for subscription on June 9 and closed on June 11, 2025. Here’s a snapshot:

• Price Range: ₹96 to ₹102 per share

• Minimum Investment (Lot Size): 1,200 shares

• Total Issue Size: About ₹61.6 crore

• Listing Date: June 16, 2025

• Platform: NSE SME (for small and medium-sized companies)

The IPO was oversubscribed, meaning more people wanted to invest than there were shares available. That’s usually a good sign that there’s buzz around the company.

What Is GMP and What Did It Say?

In the lead-up to the listing, Sacheerome was trading in the grey market with a premium of ₹40–₹41. In simple terms, that’s the unofficial price people were willing to pay before the stock was officially listed. This suggested a potential listing price of around ₹143 per share — well above the ₹102 upper limit of the IPO price.

And the buzz turned out to be real.

Listing Day: A Strong Debut

On June 16, Sacheerome’s shares listed at ₹153 per share — a full 50% jump over its issue price. This sort of listing day gain is what many IPO investors hope for, and it reflects how confident the market is about the company’s future.

What Will Sacheerome Do With the Money?

The money raised through the IPO isn’t just sitting in a bank account. Sacheerome plans to:

1. Build a New Factory: They’re setting up a new manufacturing unit in Uttar Pradesh to increase their production capacity.

2. Support General Business Needs: This includes running day-to-day operations, exploring new opportunities, and improving existing infrastructure.

With demand growing in the fragrance and flavor space, especially in personal care and food industries, this expansion could help them grow even faster.

Financials at a Glance

Let’s keep this simple. Sacheerome has been making steady money:

• Revenue (FY24): ₹86.4 crore

• Net Profit (FY24): ₹10.6 crore

• Reserves: ₹29.6 crore

This shows the company isn’t just relying on investor hype — it has the numbers to back up its growth story.

So, Why Did Investors Like This IPO?

There are a few key reasons why Sacheerome’s IPO clicked with the public:

• It operates in a niche but growing market — the demand for good-smelling and flavorful products is only going up.

• The company has a long, stable history with global customers.

• Financial performance has been solid.

• The SME platform has seen a lot of recent success stories, and Sacheerome was the latest one.

What Happens Next?

The real test for Sacheerome will begin now. With the IPO money, it needs to deliver on its expansion promises. If it can grow without letting costs balloon and continue to build on its brand strength, this could be a long-term success story.

For now, early investors are celebrating a profitable debut, and market watchers are keeping an eye on how the company performs in the coming quarters.