Sacheerome Makes a Smashing Debut on NSE SME, Shares List 50% Higher at ₹153

A fresh name in the stock market just made a splash. Sacheerome Limited, a homegrown fragrance and flavour maker, listed its shares on the NSE SME platform today at ₹153 — that’s a solid 50% jump over its IPO price of ₹102.

For a company that’s not yet a household name, this kind of opening day performance has definitely caught the attention of investors.

What Is Sacheerome?

Based in Delhi, Sacheerome creates fragrances and flavours that go into things like perfumes, soaps, air fresheners, and even food products. While most of us might not think much about where these scents and flavours come from, companies like Sacheerome play a big role behind the scenes in many products we use daily.

They’ve been around for a while, and now they’re taking a big step forward by going public — raising funds and inviting everyday investors to be part of their journey.

A Strong IPO Response

The company’s IPO — or Initial Public Offering — opened earlier this month from June 9 to June 11. They offered over 60 lakh shares to the public, each priced at ₹102. The total size of the issue was around ₹61.6 crore.

The response was nothing short of enthusiastic. The issue was oversubscribed many times over, signaling high interest from investors. Even before the stock officially listed, there was a lot of excitement in the grey market — that’s an unofficial market where shares are traded before they hit the stock exchange. Traders there were expecting a listing price around ₹143. But Sacheerome beat those expectations, opening at ₹153.

Why the Buzz?

So, why are people so excited about a company that makes perfumes and flavouring agents?

There are a few reasons. First, it operates in a niche yet essential sector. Fragrances and flavours are used in everything from your body wash to your kitchen cupboard. And while the sector doesn’t usually make headlines like tech or finance, it has steady demand.

Second, Sacheerome plans to use the money raised from the IPO to build a brand-new manufacturing plant in Gautam Buddha Nagar, Uttar Pradesh. This move is expected to increase production capacity and help the company scale up for future growth.

Finally, with a decent track record and plans to expand, investors are seeing potential. The strong debut suggests people believe the company has room to grow and profits to deliver.

What This Means for the Market

Sacheerome’s debut is also a boost for the SME (Small and Medium Enterprises) segment of the NSE, which often flies under the radar. Successful listings like this help build investor trust in smaller, lesser-known companies that are now choosing to go public.

It also shows that when a company comes with a clear vision and solid fundamentals, investors are ready to back it — even if it’s not a big brand yet.

What’s Next?

Now that Sacheerome has made its entry into the market, the real work begins. Investors will be watching how the company executes its expansion plans, maintains its quality standards, and continues to grow in a competitive market.

But for now, it’s safe to say that Sacheerome’s listing day has been a sweet-smelling success.