Archive · 10 Jun 2025
Sacheerome IPO Surpasses Expectations on Day Two
Sacheerome, a company that makes fragrances and flavors, is selling new shares to the public through an IPO.
On the second day of the IPO, it was oversubscribed more than 10 times.
The shares are priced at ₹102 each, and retail investors showed significant interest.
Market watchers estimate that the stock may increase in value when it starts trading.
The company aims to raise about ₹61.62 crore.
The IPO opened on June 9, 2025, and closes on June 11, 2025, with shares expected to list on June 16, 2025.
Sacheerome's IPO opened on June 9, 2025, and closes on June 11, 2025.
The IPO price is set at ₹102 per share.
The IPO was oversubscribed 10.61 times on Day 2.
Retail investors subscribed 11.90 times the allocated shares.
The company aims to raise ₹61.62 crore.
- Who
- Sacheerome Limited
- What
- Launched an IPO
- When
- Opened June 9, 2025, closing June 11, 2025, with listing expected June 16, 2025.
- Where
- NSE SME
- Why
- To raise funds through a fresh issue.
- IPO Subscription Dates
- June 9-11, 2025
- Price per Share
- ₹102
- Overall Subscription (Day 2)
- 10.61 times
- Total Issue Amount
- ₹61.62 crore
- GMP
- ₹30
- Expected Listing Date
- June 16, 2025
- Minimum Lot Size
- 1,200
