The IPO is offered in a price range of Rs 96 to Rs 102 per share. The minimum lot size is 1,200 shares, which will be converted into an investment of Rs 1,22,400 for retail investors.
Gyr Capital Advisors is the lead manager who runs the books, but Mufg Intime India (Link Intime) is the registrar.
About the company
Founded in 1992, Sacheerome is engaged in the design and manufacturing of fragrances and flavors. Its product range includes cosmetic fragrances, industrial fragrances, perfumes, food additives and flavorings.
The company caters to a wide range of industries including personal care, home care, air care, pet care, men’s grooming, drinks, bakeries, confectionery, dairy products, health & nutrition.
Sacheerome exports its products to the Middle East (UAE) and African markets. As of September 2024, the company had employed 153 people.
Financial Performance
Sacheerome has experienced steady growth in revenue and profitability. For the fiscal year ending March 2025, the company reported revenue of Rs 108.13 and net profit of Rs 15.98.
IPO revenue and usage
The company will use the revenue from the IPO to establish a new manufacturing facility in Gautam Buddhanagar, Uttar Pradesh, for general business purposes.
With the powerful features of R&D, an experienced management team and efficient sourcing, Sacheerome aims to strengthen its position in the competitive fragrance and flavor market. Investors will watch closely as IPOs open today and measure market sentiment.
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