Last Updated:June 11, 2025, 17:42 IST
Unlisted shares of Sacheerome Ltd are trading at Rs 150 apiece in the grey market, which is a 47.06% premium or GMP over the IPO price of Rs 102, signalling listing gains.
Sacheerome IPO.
Sacheerome IPO Day 3: The initial public offering of fragrances and flavours maker Sacheerome Ltd was closed today, June 11, with an overwhelming subscription from investors. Till 5:00 pm on the final day of bidding on Wednesday, the Rs 61.62-crore NSE SME IPO received a 312.94 times subscription, garnering bids for 1,25,76,46,800 shares as against 40,18,800 shares on offer.
The retail and NII participation stood at 180.28 times and 808.56 times, respectively. The qualified institutional buyers (QIB) category has received a 173.15 times subscription so far.
Sacheerome Limited, founded in June 1992, designs and manufactures fragrances and flavours for B2B FMCG clients in India and globally. Its fragrances cater to sectors like personal care, home care, and wellness, while its flavours serve beverages, bakery, dairy, nutrition, oral care, and more.
The three-day Sacheerome IPO was opened on Monday, June 9. It received a 7.46 times subscription on the first day of bidding on Monday and a 33.50 times subscription on Day 2 on Tuesday.
Sacheerome IPO Price
The Sacheerome IPO price band has been fixed at Rs 102 per share.
Sacheerome IPO Lot Size
The minimum lot size for an application is 1,200. The minimum amount of investment required by retail investors is Rs 1,22,400. The bidding can be done in multiple of 1,200.
Sacheerome IPO GMP Today
According to market observers, unlisted shares of Sacheerome Ltd are currently trading at Rs 150 apiece in the grey market, which is a 47.06% premium or GMP over the IPO price of Rs 102. It indicates decent listing gains for investors on June 16, the tentative listing date.
The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
Shares of Sacheerome Ltd are scheduled to be listed on the NSE’s SME platform on June 16.
Sacheerome IPO: More Details
The Sacheerome IPO, which is a bookbuilding of Rs 61.62 crore, is entirely a fresh issue of 60.41 lakh shares.
The public offer opened for subscription on June 9, 2025, and will close on June 11, 2025. The allotment for the Sacheerome IPO is expected to be finalised on Thursday, June 12, 2025. It will be list on the NSE SME with a tentative listing date fixed as Monday, June 16, 2025.
GYR Capital Advisors Private Limited is the book-running lead manager of the Sacheerome IPO, while MUFG Intime India Private Limited ((Link Intime) is the registrar for the issue.The market maker for Sacheerome IPO is Giriraj Stock Broking Private Limited.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso… Read More
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