Quick Summary
- Fragrance maker Sacheerome is launching it’s SME IPO on Monday,June 9,closing Wednesday,June 11.
- The IPO is a fresh issue worth Rs 61.62 crore with over 60 lakh new shares offered.
- Price band: Rs 96 – Rs 102 per share; listing date expected on June 16 on NSE SME platform.
- gray market premium: Trading at Rs 30 above the upper price band (estimated listing at Rs 132, ~29% upside).
- Financials: FY25 revenue reported at Rs 107.53 crore (up from Rs 70.49 crore in FY23) and net profit grew to Rs 15.98 crore in FY25 (from Rs 5.94 crore in FY23). PAT margin expanded from ~8.5% to ~14.86%.
- Business areas include fragrances for hair care,personal care,candles,air care products & flavors for beverages and food verticals; caters to top FMCGs globally.
Indian Opinion Analysis
Sacheerome’s upcoming IPO signifies growing investor interest in specialized sectors like essential oils and flavors-critical components of India’s vast FMCG landscape where innovation meets traditional demands for diversified consumer goods like cosmetics or homecare essentials.
Key takeaways include its robust financial growth (~52% revenue increase over two years), reflecting strong operational efficiency via higher PAT margins-a positive signal for potential investors who value scalability coupled with expenditure optimization strategies.
Listing under NSE SME aligns ideally given mid-scale yet nation-wide recognition brands tend tapping Organic-product newer Ecosystem!!