Sacheerome Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹102
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,22,400
Issue Size
₹61.62 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Sacheerome Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
98%
Promoter Holding (Post-Issue)
71.54%
Issue Type
Book Building - SME
ISIN
INE1ARD01016
About the Company
`Sacheerome Limited.' is a creative house, designing & manufacturing fragrance and flavours. It was founded in the year 1992 by our promoter Mr. Manoj Arora, who is a third-generation entrepreneur of a business family in Fragrances & Flavours industry and has been actively involved in this line of business from last 40 years. Sacheerome was initially only in the fragrance industry. In 2014, the company ventured into the flavours and has a separate unit, with a team of skilled flavourists, an application centre and a Research & Development centre.
Industry Overview
Fragrances and Flavours enhance sensory experiences and play a vital role in the perception of products of both food and nonfood FMCG products used as a part of our daily life. Fragrances refer to the appealing scents used in perfumes, cosmetics, and household products. These are composed of aromatic compounds, natural essential oils, Oleoresins, absolutes and synthetic molecules Fragrances & flavours are must for use in personal care, hair care, fabric care, home care, and more product categories. In addition to enhancing product appeal, fragrances suppress unpleasant odors, uplift moodevoke memories, enhance the sensory experience, make product more recognizable, and provide signature smell to the product. Flavours, on the other hand, add complexity to food and beverages. They are perceived by a combination of taste and olfactory senses, with Flavours classified as sweet, sour, salty, bitter, or umami. Flavours are essential in applications such as dairy products, snacks, beverages, oral care, confectionery and more. In addition to enhancing the taste of the product, Flavours provide aroma, mask the taste of ingredients to make it more likable, add stability & consistency and can replace costly or bulky ingredients.
Company History
Our Company was originally incorporated as "Sachee Fragrances Limited" under the provisions of Companies Act, 1956 with Registrar of Companies, Delhi & Haryana and received a certificate of incorporation from the Registrar of Companies, Delhi & Haryana on June 19, 1992. Later, the name of the company changed from "Sachee Fragrances Limited" to "Sachee Cosmetics Limited" vide Extra Ordinary General Meeting dated December 26, 1994 and fresh certi ficate of Incorporation issued by Registrar of Companies Delhi & Haryana on February 13, 1995. Later the name of the company changed from "Sachee Cosmetics Limited to Sachee Aromatics Limited" vide Extra Ordinary General Meeting dated March 19, 1997 and fresh certificate of incorporation issued by Registrar of Companies Delhi & Haryana on April 3, 1997. Further the company has converted from "Sachee Aromatics Limited" to "Sachee Aromatics Private Limited" vide Extra Ordinary General Meeting dated February 24, 2012 and fresh certificate of incorporation issued by Registrar of Companies Delhi & Haryana on March 14, 2012. Further the name of the company changed from "Sachee Aromatics Private Limited" to "Sacheerome Private Limited" vide Extra Ordinary General Meeting dated April 04, 2012 and fresh certificate of Incorporation issued by the Registrar of Companies Delhi & Haryana on April 17, 2012. Further the name of the company changed from "Sacheerome Private Limited" to "Sacheerome Limited" vide Extra Ordinary General Meeting dated May 01, 2024 and fresh certificate of Incorporation issued by Registrar of Companies Delhi & Haryana on August 8th, 2024. The corporate identification number of our Company is U74899DL1992PLC049258.
Products & Services
- Sacheerome Limited is a creative house, designing & manufacturing fragrance and flavours.
Growth Strategy
- Setting up a new modern infrastructure manufacturing facility in YEIDA to increase production capacity.
- Strengthen our Innovation Platform to Enhance Sacheerome Products Portfolio.
- Expansion of Research and Development.
Customer Base
wholesaler and retailer
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public issue of up to 60,40,800* equity shares of face value of Rs. 10/- each ("Equity Shares") of Sacheerome Limited (the "Company" or "SL" or "Issuer") at an issue price of Rs. 102 per equity share (Including a Share Premium of Rs. 92 per Equity Share) for cash, Aggregating up to Rs. 61.62 crores ("Public Issue") out of which upto 3,02,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 102 per equity share for cash, aggregating Rs. 3.09 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of upto 57,38,400 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 102 per equity share for cash, Aggregating up to Rs. 58.53 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 27% and 25.65% respectively of the post- issue paid-up equity share capital of the company.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Experienced Promoters and Management Team.
- Efficient operational team.
- Consistent financial performance.
- The success of its products depends on the company ability, as well as that of its customers, to anticipate market trends and understand customer preferences early on, leveraging this information successfully. Failures to do so could negatively impact its cash flows, business performance, financial condition, and overall operational results.
- Success in its fragrances and flavors business relies on a limited pool of highly specialized employees, making recruitment and retention critical to its ability to compete and achieve strategic objectives.
- A significant portion of its revenues is dependent on a few key customers, with whom the company does not have firm commitments. The loss of any one or more of these major customers could have a material adverse effect on its business, cash flows, results of operations, and financial condition.
- Increasingly stringent regulatory environment with regard to food, cosmetic ingredients and FMCG could result in stricter standards being applied to its products, which could cause it to incur substantial costs, which may have an adverse effect on its business and results of operations.
- Disproportionate increases in raw materials prices and significant dependence on a limited number of suppliers for unique raw materials could adversely affect its business, results of operations and cash flows.