The IPO is being provided in a value band of Rs 96 to Rs 102 per share. The minimal lot measurement is 1,200 shares, translating into an funding of Rs 1,22,400 for retail buyers.
GYR Capital Advisors is the book-running lead supervisor to the problem, whereas MUFG Intime India (Hyperlink Intime) is the registrar.
Concerning the firm
Based in 1992, Sacheerome is engaged within the design and manufacturing of fragrances and flavors. Its product vary contains beauty fragrances, industrial fragrances, perfumes, meals components, and flavoring essences.
The corporate caters to varied industries together with private care, dwelling care, air care, pet care, males’s grooming, drinks, bakery, confectionery, dairy, and well being & vitamin.
Sacheerome exports its merchandise to the Center East (UAE) and African markets. As of September 2024, the corporate employed 153 individuals.
Monetary efficiency
Sacheerome has posted regular development in income and profitability. For the monetary 12 months ending March 2025, the corporate reported income of Rs 108.13 crore and a internet revenue of Rs 15.98 crore, reflecting a 50% development in revenue in comparison with the earlier 12 months.
IPO proceeds and utilization
The corporate plans to make use of the IPO proceeds to arrange a brand new manufacturing facility in Gautam Buddha Nagar, Uttar Pradesh, and for basic company functions.
With its sturdy R&D capabilities, skilled administration workforce, and environment friendly sourcing, Sacheerome goals to strengthen its place within the aggressive fragrances and flavors market. Traders will probably be watching intently because the IPO opens in the present day to gauge market sentiment.
(Disclaimer: Suggestions, ideas, views, and opinions given by the consultants are their very own. These don’t symbolize the views of Financial Occasions)
