Sacheerome IPO GMP Today – Detailed Analysis, Listing Gains, Subscription Status & Outlook
Introduction
The Indian IPO landscape has witnessed a resurgence of interest in SME listings, and Sacheerome Limited has quickly emerged as a frontrunner. Operating in the fragrance and flavour industry for over three decades, Sacheerome's IPO has captivated both retail and non-institutional investors. The IPO, which opened on June 9, 2025, and closed on June 11, 2025, has garnered massive attention with an overwhelming response, strong GMP trends, and hopes of stellar listing gains.
This detailed article explores everything about the Sacheerome IPO, including GMP analysis, subscription data, company background, financials, and potential listing outcomes.
🧴 About Sacheerome Limited
Sacheerome Limited, founded in 1992, is a fragrance and flavour manufacturer headquartered in New Delhi, India. The company produces a wide range of products used in personal care, household care, air care, beverages, and bakery goods.
🌍 Key Highlights:
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Two manufacturing facilities in Delhi.
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Annual production capacity: 7.6 lakh kg.
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153+ employees, including a robust 54-member R&D team.
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Exports to Middle East and Africa.
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Certifications: ISO 9001:2015, IFRA, FSSAI-compliant.
Sacheerome’s emphasis on innovation, compliance, and export capability makes it a strong player in a niche but growing sector.
💰 Sacheerome IPO Details
| IPO Element | Details |
|---|---|
| IPO Type | SME IPO |
| Open & Close Dates | June 9 to June 11, 2025 |
| Issue Size | ₹61.62 crore |
| Price Band | ₹96–₹102 per share |
| Lot Size | 1,200 shares |
| Minimum Investment | ₹1,22,400 |
| Listing Platform | NSE SME |
| Listing Date (Tentative) | June 16, 2025 |
| Allotment Date | June 12, 2025 |
The IPO consists of 60.41 lakh equity shares, all fresh issues with no OFS (Offer for Sale), indicating promoter confidence in business growth.
📊 Sacheerome IPO Subscription Status
The IPO witnessed record-breaking oversubscription, with strong participation across all investor categories.
📅 Day-Wise Subscription Data:
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Day 1 (June 9): 2.35× overall; 3.68× retail
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Day 2 (June 10): 16.5× overall; 18.6× retail
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Day 3 (June 11): 52.31× overall
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Retail: ~60×
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NII: ~131×
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QIBs: ~9.5×
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This aggressive bidding clearly reflects strong investor sentiment and confidence in the brand’s future prospects.
📈 Sacheerome IPO GMP Today: Strong Momentum
Grey Market Premium (GMP) has become a key indicator for IPO listing expectations, especially in the SME segment.
GMP Trend:
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June 9 (Day 1): ₹30
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June 10 (Day 2): ₹30
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June 11 (Final Day): ₹41–₹45
Based on the issue price of ₹102, the GMP suggests an estimated listing price of ₹143–₹147, offering a potential gain of 40–45%.
📦 Utilization of IPO Proceeds
The net proceeds of ₹61.62 crore will be used for:
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Expansion of manufacturing and R&D facility in Gautam Buddha Nagar, UP (~₹56.5 crore).
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General corporate purposes (~₹5 crore).
This expansion will not only increase capacity but also improve R&D capabilities for customized fragrance and flavour solutions.
💹 Financial Performance Overview
| Metrics (₹ in crore) | FY22 | FY23 | FY24 (Projected) |
|---|---|---|---|
| Revenue | ₹42.3 | ₹55.1 | ₹68.5 |
| Net Profit | ₹4.82 | ₹6.75 | ₹9.1 |
| EPS (Basic) | ₹4.21 | ₹5.89 | ₹7.14 |
| EBITDA Margin | 18.5% | 19.3% | 20.4% |
The steady increase in revenues and profit margins reflects strong operational control and demand consistency.
✅ Competitive Strengths
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In-house fragrance and flavour formulation.
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Strong R&D and QA capabilities.
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Long-standing client relationships.
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Flexible manufacturing system.
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Export certifications and compliance.
⚠️ Key Risks
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SME segment IPOs are volatile post-listing.
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High dependency on select product lines.
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Competitive pressure from global fragrance giants.
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Limited public float may lead to price fluctuations.
📌 Analyst Recommendations
Market analysts and grey market trackers are bullish:
“High GMP, strong subscription, and clear business visibility make Sacheerome a promising SME IPO play,” says Anil Singhvi, Zee Business analyst.
Still, caution is advised post-listing due to the volatility typical in SME stocks.
📊 Valuation Check
At ₹102, Sacheerome IPO is priced at:
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P/E ratio: ~14.28 (FY25 estimated EPS ₹7.14)
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Industry P/E: 18–25
This makes it moderately priced compared to peers like S H Kelkar and Fine Organic Industries.
🔍 Conclusion: Should You Invest?
| Criteria | Verdict |
|---|---|
| Fundamentals | Strong, consistent growth |
| Subscription | Heavily oversubscribed |
| GMP Trend | Rising and bullish |
| Risk Factor | Medium (SME volatility) |
| Listing Gain View | Likely 35–45% upside |
Verdict: If you’ve applied, chances of allotment are low due to oversubscription. If allotted, expect strong listing gains. Long-term investors should evaluate post-listing performance and quarterly growth.
📅 Important Dates
| Event | Date |
|---|---|
| IPO Open | June 9, 2025 |
| IPO Close | June 11, 2025 |
| Allotment | June 12, 2025 |
| Refund | June 13, 2025 |
| Shares in Demat | June 14, 2025 |
| Listing Date | June 16, 2025 |
Don’t miss the Sacheerome listing — track it live on NSE SME platform. For investors, this IPO could mark the start of a fragrant journey in Indian equities.
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