Sacheerome IPO Opens June 9—Price Band, GMP & Key Dates Revealed!

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Fragrance and flavor maker Sacheerome Ltd. is set to launch its ₹61.62 crore IPO on June 9, 2025, offering 6.04 million fresh equity shares. The company aims to expand its manufacturing capacity and strengthen its market presence.

Key Highlights:

- IPO price band: ₹96-₹102 per share.
- Subscription window: June 9-11, 2025.
- Anchor investor bidding: June 8, 2025.
- Share allotment finalization: June 12, 2025.
- Listing date: June 16, 2025, on NSE SME.
- Grey Market Premium (GMP): ₹127, reflecting a 24.5% premium over the upper price band.

Sacheerome plans to utilize ₹56.5 crore from the IPO proceeds to set up a new manufacturing facility in Gautam Buddha Nagar, Uttar Pradesh, while the remaining funds will go toward general corporate purposes.

Founded in 1992, Sacheerome specializes in fragrances and flavors used across personal care, home care, food, and beverage industries. The company reported ₹107.53 crore revenue in FY25, marking a 26.3% YoY growth, with profit after tax surging nearly 50% to ₹15.98 crore.

With strong financials and high investor interest, Sacheerome’s IPO is expected to draw significant attention from retail and institutional investors alike.

Sources: Business Standard, Moneycontrol, GoodReturns