Sacheerome Ltd, founded in 1992 and based in New Delhi, is a B2B manufacturer of fragrances and flavours. It serves FMCG industries like personal care, food & beverages, fabric care, and exports to the Middle East and Africa. With two manufacturing units and strong R&D backing, the company holds certifications like IFRA, FSSAI, and ISO 9001:2015.

🗓 IPO Timeline & Details

• Bidding Dates: June 9–11, 2025
• Allotment Date: June 12
• Refund & Share Credit: June 13
• Listing Date: June 16, 2025 (NSE SME)

💸 Price Band & Lot Size

• Price Band: ₹96–₹102
• Lot Size: 1,200 shares (₹122,400 minimum investment)

📈 Issue Size & Use of Funds

The IPO aims to raise ₹61.62 crore via a fresh issue of 60.41 lakh equity shares. The company plans to use 92% of the proceeds for a new production and R&D facility in YEIDA, and the rest for general corporate purposes.

📊 Financial Overview

Sacheerome Ltd reported:

• FY23 Revenue: ₹70 crore → FY25 (est.): ₹108 crore
• FY23 PAT: ₹5.99 crore → FY25 (est.): ₹15.98 crore
• TTM ROCE: ~39%, ROE: ~30%

🌟 Strengths

• Strong in-house R&D and customization
• Certified compliance (FSSAI, ISO, IFRA)
• Consistent revenue and margin growth

⚠️ Risks

• High customer concentration risk
• Exposure to raw material price volatility
• Pending legal cases and SME liquidity risk

📊 IPO Anchor Investors & Promoter Holding

Category	Shares	% of Issue
Anchor Investors	17,19,600	28.47%
QIB	11,47,200	18.99%
Retail Investors	20,10,000	33.27%
NII	8,61,600	14.26%
Promoter (Post‑IPO)	—	71.54%

📈 Grey Market Premium (GMP)

Source / Platform	GMP (₹)	Implied Listing Price	Estimated Listing Gain
Chittorgarh / NDTV	₹30	₹132	~29%
Mint / InvestorGain	₹21	₹123	~20.6%

🔍 Final Thoughts

Sacheerome Ltd’s SME IPO appears promising with solid fundamentals, modern R&D, and a decent GMP trend. However, investors must weigh the SME liquidity risks and reliance on top clients. Overall, this IPO suits risk-tolerant investors looking to diversify with high-growth small-cap entries.