What is the last grey market premium of Sacheerome IPO?
Listing Review: Will update on listing.
Subscription status of Sacheerome IPO
Sacheerome IPO Price Rs. 102 Lot 1200 shares, Rs. 61.62 Crore |
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QIB | NII x | RII x | Total x | Applications |
Note: |
Sacheerome IPO Allotment Link:
https://linkintime.co.in/Initial_Offer/public-issues.html
What is the business of Sacheerome?
Sacheerome IPO Details
Sector: |
|
IPO opens on | 9 June 2025 |
IPO closes on | 11 June 2025 |
Issue Type | Book Built Issue IPO |
Issue Size | 6040800 Shares / Rs 61.62 Crore |
* Fresh Issue | 6040800 Shares / Rs 61.62 Crore |
* Offer for Sale – | – |
Market Maker Portion | 302400 Shares |
Net offer to Public | 5738400 Shares Rs.58.53 Crores |
Face Value per share | Rs. 10 |
Price Band | Rs. 96-102 |
Employee discount | Rs. 0 per share |
Retail Lot Size | 1200 Shares |
Listing will at | NSE SME |
Shares offered in IPO |
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Shares | Rs. (Crore) | |
QIB (50%) | 2869200 | 29.27 |
HNI (15%) | 860760 | 8.78 |
RII (35%) | 2008440 | 20.48 |
Total Shares | 5738400 | 58.53 |
Retail portion will be oversubscribed by |
1674 | |
Forms | ||
How much Shares to Apply in this IPO? | ||
Min Retail Application | 1200 Shares | Rs.122400 |
Min HNI Application | 2400 Shares | Rs.244800 |
Who are the Promoters of Sacheerome?
The promoters of the company are Mr. Manoj Arora (65 years), Mrs. Alka Arora (60 Years) and Mr. Dhruv Arora.
Mr Manoj Arora has 40 years of experience in the field of fragrance industry. He was invited as a keynote speaker at the prestigious forum of World Perfumery Congress 2022 in Miami, USA. He also took stage at World Aroma Ingredients Congress & Expo 2024 held at Chennai.
Mrs. Alka Arora has more than 26 years of experience in the field of this fragrance and flavours industry.
She is involved in the Production & Logistics of the company.
Mr. Dhruv Arora aged 36 years is the Whole time Director of the Company. He possesses the degree of Bachelor of Science Chemistry with Business and Management from The University of Manchester and Management Programme for Family Business from Indian School. He has 14 years of experience of experience in fragrance and flavours Industry. He is involved in the Business Development of the company.
What are the Objects of Sacheerome IPO?
1) Setting Up a new manufacturing facility at 1459b, Sector-32, Yeida, Gautam Buddha Nagar, UP
(As on the date of DRHP, its existing manufacturing unit is located at F-89-4-2 Okhla Industrial Area, Phase-1, New Delhi, Okhla Industrial Area Phase-I, South Delhi, New Delhi, Delhi, India, 110020 admeasuring the total area of 898.55 sq. mtr., where it is manufacturing fragrance and flavours. Now the company intends to set up new manufacturing facility at 1459b, Sector-32, Yeida, Gautam Buddha Nagar, UP-203209)
2) General Corporate purposes
Tentative timetable |
|
IPO opens on | 9 June 2025 |
IPO Closes on | 11 June 2025 |
IPO Allotment on | 12 June 2025 |
Refund Initiation | 13 June 2025 |
Credit of Shares | 13 June 2025 |
Listing on | 16 June 2025 |
Registered Office of the Company Sacheerome Limited Y-4 Okhla Industrial Area Phase-II, South Delhi, New Delhi |
The Lead Manager of this IPO GYR Capital Advisors Pvt Ltd |
Who is the Registrar to IPO? Mufg Intime India Pvt ltd |
Sacheerom IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Sacheerome Financials
Period Ended | 30-Sep-24 | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 |
Assets | 70.44 | 63.52 | 49.22 | 49.08 |
Revenue | 50.78 | 86.4 | 70.93 | 64.36 |
Profit After Tax | 7.04 | 5.99 | 5.99 | 4.55 |
Net Worth | 53 | 45.95 | 35.34 | 29.34 |
Reserves and Surplus | 36.66 | 29.62 | 31.25 | 25.26 |
Total Borrowing | 1.69 | 1.43 | 8.26 | |
Amount in Rs. Crore |
Performance Indicators
KPI | Values |
ROE | 23.10% |
ROCE | 31% |
RoNW | 23.10% |
PAT Margin | 12.47 |
Price to Book Value | 3.62 |
EPS Rs. | 3.67 |
PE Ratio | 27.8 |
How Sacheerome IPO compares with the Peers?
Company Name | P/E (x) | RoNW (%) |
Sacheerome | 27.80 | 23.1 |
S H Kelkar | 31.15 | 10.67 |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Sacheerome IPO Review by Paresh Gordhandas, CA & Research Analyst.
+ from grey market angle:
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