Sacheerome IPO

NSELot: 1200

LISTEDSME
Issue Price102
Listing153
Current370
Price Band
96 - ₹102
Lot Size
1,200
Issue Size
₹61.62 Cr
GMP
0
Subscription
7.46x

IPO Schedule

1
Open
9 Jun
2
Close
11 Jun
3
Allotment
-
4
Listing
16 Jun

About Sacheerome

Sacheerome International Limited is an SME focused on manufacturing and supplying aroma chemicals, essential oils, and other related products. They cater to various industries, including fragrance, flavor, and cosmetics.

Subscription Status

QIB
4.18x
NII
7.96x
Retail
9.12x
CategoryDay 3Day 2Day 1
QIB173.15x8.48x4.18x
NII808.56x56.90x7.96x
Retail180.28x37.75x9.12x
Total312.94x33.50x7.46x

Risk Factors

SME IPOs are inherently more volatile and carry higher risk compared to mainboard IPOs.
The aroma chemicals and essential oils market is competitive and subject to fluctuations in raw material prices.
Relatively small Issue Size (₹61.62 Cr) can lead to price manipulation and liquidity issues.