Sacheerome IPO Sees 25.96x Subscription by Day 2

The Sacheerome IPO received a strong response from investors, with a subscription of 26.98 times by the second half of Day 2. The company is offering shares in a price band of Rs. 96 to 102 per share, with a minimum lot size of 1,200 shares. The issue size is Rs. 61.62 crore, consisting entirely of a fresh issue. Stay tuned for the latest updates on the Sacheerome IPO subscription status as the offering progresses.

Sacheerome IPO Subscription Status - Day 2

The Sacheerome IPO continued to attract strong investor interest on Day 2, with a subscription of 26.98 times. The Retail Category was subscribed 30.82 times, while Non-Institutional Investors (NIIs) saw a subscription of 43.44 times. The Qualified Institutional Buyers (QIBs) also showed solid demand, subscribing 7.89 times.

Last Updated: 4:00 PM, Tuesday, 10 Jun 2025

Sacheerome IPO Subscription Status - Day 1

By the end of Day 1, the Sacheerome IPO received an overall subscription of 7.46 times. The Retail Category was subscribed 9.12 times, while Non-Institutional Investors (NIIs) subscribed 7.96 times. The Qualified Institutional Buyers (QIBs) also showed strong interest, subscribing 4.18 times.

Company Overview of Sacheerome IPO 

Sacheerome Limited was founded in 1992 by Mr. Manoj Arora, a third-generation entrepreneur with over four decades of experience in the fragrance and flavour industry. The company began its journey as a fragrance manufacturer and later diversified into flavours in 2014, establishing a dedicated unit with a team of skilled flavourists, an application centre, and a state-of-the-art R&D facility.

Today, Sacheerome operates as a B2B partner, catering to leading food and non-food FMCG companies across India and in several international markets. Its product offerings span a wide range of industries.

On the fragrance side, Sacheerome serves segments including personal care and wash, body care, hair care and wash, fabric care, home care, baby care, fine fragrance, air care, pet care, men’s grooming, hygiene, and wellness. In the flavours segment, its solutions are used in beverages, bakery, confectionery, dairy products, health and nutrition, oral care, shisha, meat products, dry flavours, seasonings, and more.

The company operates through its manufacturing facility in New Delhi, with an annual production capacity of 760,000 kg. This production capability is backed by Sacheerome’s R&D team, which comprises 54 specialists with expertise in fragrance and flavour design, driven by strong market-focused innovation.

Strengths of Sacheerome IPO   

• The company has a strong sales and marketing strategy driven by global insights, engaging content, personalized outreach, and a strong presence at key industry exhibitions.

• The company leverages new-age technologies like Sach/Maxicaps, Sach/Veda, Sach/Odocon, and Sach/Booster to enhance fragrance delivery, differentiate its product offerings, and stay ahead of the competition.

• The company’s strong ingredient expertise and sourcing network enable the timely procurement of quality raw materials at competitive rates, ensuring smooth manufacturing and prompt delivery.

Risks of Sacheerome IPO 

• The company relies on a few key customers, with the top five contributing 49.26% in FY25, 45.08% in FY24, and 45.90% in FY23. This dependency poses a risk if major clients reduce or cancel orders.

• The company operates in a highly competitive and consolidating fragrance and flavour industry, which may lead to pricing pressures and a potential loss of market share.

• The company generates over 90% of its revenue from the fragrance segment. A decline in this sector could significantly affect its overall financial performance.

Sacheerome IPO Details

• IPO Date: June 09, 2025 to June 11, 2025

• Issue Price: Rs 96 - Rs 102 per share

• Lot Size: 1200 shares

• Total Issue Size: 60,40,800 shares (amounting to Rs. 61.62 Cr)

• Fresh Issue: 60,40,800 shares (amounting to Rs. 61.62 Cr)

• Allotment Date: June 12, 2025

• Listing Date: June 16, 2025

How to Apply for the Sacheerome IPO

• Visit the Rupeezy app or Rupezy DOCK.

• Navigate to the IPO section on the Home Page

• Here, you can view all the IPOs with details such as market lot, minimum bid quantity, price range, and analysis.

• You can read the Red Herring Prospectus for the issue details.

• Click on Apply.

• Enter your UPI ID for payment & place the bid.

• While placing the bid, enter the cutoff price or desired price in the range specified. Select quantity as per the lot size. 

• Submit to complete the order.